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Nairaland Forum / Nairaland / General / Agriculture / ARE FARMERS RICH? - 5 Truths You Should Know (4936 Views)
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ARE FARMERS RICH? - 5 Truths You Should Know by ultrazone(m): 11:06pm On Feb 22, 2015 |
. 1 Like |
Re: ARE FARMERS RICH? - 5 Truths You Should Know by adedam007(m): 11:22pm On Feb 22, 2015 |
Reality |
Re: ARE FARMERS RICH? - 5 Truths You Should Know by o3one: 3:48pm On Feb 23, 2015 |
adedam007:then wat is the effect of the countless headaches and calculations of farmers |
Re: ARE FARMERS RICH? - 5 Truths You Should Know by pamdaniel(m): 11:11pm On Feb 23, 2015 |
not wen u ve a palm plantation? |
Re: ARE FARMERS RICH? - 5 Truths You Should Know by securi: 5:58am On Feb 24, 2015 |
Are you saying we don't have rich cocoa farmers again or we never had? I have seen rich farmers that sent their kids abroad for unviversity education, that's beyond what an average man can do in Nigeria. 1 Like 1 Share |
Re: ARE FARMERS RICH? - 5 Truths You Should Know by world1(m): 6:23am On Feb 24, 2015 |
Farmers are wealthy. |
Re: ARE FARMERS RICH? - 5 Truths You Should Know by Humulity: 2:10am On Mar 28, 2015 |
We were told that before the discovery of crude oil in commercial qauntity in the country, that Agriculture sustained the Nigerian economy. Even the University of Nigeria Nsukka, was built with income from Palm Oil. How do you describe the wealth of the nation then? Every the potential of creating wealth, it all depends on how your approach it. From your analysis, I figured that farmers don't flaunt their income rather they keep re-investing because they need meet demand. They unconsciously expanding their assets without really knowing it. And I state every season has it's impact either positively or negatively on the farmer. However, In farming the bigger your investment the bigger your return on investment as well as bigger risk exposure. Meanwhile, the money is in agro-business and not farming per say. An instance suffice here, before Aliko Dangote diversified into ptoduction. he was purely an agro-business man majoring on finished goods like - flour, sugar, rice and pastas. Anyway good post learn't some things from you. 1 Like |
Re: ARE FARMERS RICH? - 5 Truths You Should Know by Exjoker(m): 4:15am On Mar 28, 2015 |
This one that the GEJ, OBJ and even Dangote the richest man in Africa are venturing into farming hmm...So op I don't understand |
Re: ARE FARMERS RICH? - 5 Truths You Should Know by Lesgupnigeria(m): 9:29am On Mar 28, 2015 |
@Op,i must commend your effort on this but i still disagree with some of the points. Farmers dont flaunt their wealth.Even here in nigeria,i can give you names of silent multimillionaire farmers. Not only in.nigeria do we have multimillionaire nut.all over the world as well You can check this out Thousands of miles from Wall Street, where Alibaba Group has filed for a multi-billion- dollar IPO, Chinese farmers are swapping tractors for luxury cars after making fortunes through the Internet giant. "All of our business is now on the Internet," said Huang Jianqiao, who grew up in rural poverty but now roars to work in a black Jaguar and flies with his wife on holidays to Paris, thanks to an online bag store that he says takes in 30 million yuan ($4.8 million) each year. He is one of thousands of Chinese farmers who have transformed their lives using online retail platforms created by Alibaba. The group, which dominates China's e- commerce market, combines aspects of eBay, Amazon, PayPal and other Western tech darlings, and according to analysts an investor frenzy could drive its value as high as $200 billion when it goes public in the US later this year. A world away from the plush boardrooms of New York, towers of cardboard boxes awaiting delivery to cities and villages across China are strewn across the cracked white tiles of Huang's warehouse in Baigou. One of Alibaba's main assets, the sprawling e-commerce site Taobao -- or "search for treasure" -- enables him to offer his locally made bags to millions of potential Chinese customers. "It's a start-up platform with nearly no entry barriers which suits many of us," Huang said. Baigou, in the northern province of Hebei, is among the biggest of the estimated 20 "Taobao villages" in China -- rural areas in which Taobao stores employ more than 10 percent of the local population and take in revenues of more than 10 million yuan a year. Culled from www.businessinsider.com/heres-how-alibaba-turns-chinese-farmers-into-multi-millionaires-2014-5 |
Re: ARE FARMERS RICH? - 5 Truths You Should Know by neyur: 10:34pm On Apr 06, 2015 |
Very stewipd observation.....if farmers are not rich, why is most of nigeria politicians ventures into agriculture?..how much does it takes to have mansion? if you can build an automated pen worths millions....the money realise in large scale poultry farms within month is enough to build mansion you so imagine. Ignorance post. 1 Like |
Re: ARE FARMERS RICH? - 5 Truths You Should Know by giantstrides(m): 10:22am On Apr 07, 2015 |
world1: Indeed farmers are wealthy . |
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