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Nigeria alone accounts for 70% of the world's production. in sheko district, Bench Maji Zone, Ethiopia. 8.Yam farming input business. Cost Of Piglets: Let’s go with 50 piglets (Let’s use N4000 for the cost of each piglets) 50 multiply N4000= N200,000. In mechanized farming, it's a no no (commercial form of agriculture) as there will be limits in the use of machines, chemicals and proper maintenance practise. 4. Yam is also produced abundantly in Nigeria. There are a lot of opportunities for those who would like to be involved in the yam farming business. Home; About Us . Every year, festivals and rituals are carried out in different parts of the region to mark the arrival of… Skip to content. Cost of Planting= ₦20. There are over 150 species of yams grown throughout the world. Please how much in estimates will it cost to set up a yam flour factory? Without yam in the market, millions of African families may starve. 9.Micro-finance provider business opportunities Cost of eBook is N2000 You will also get eBook on how to supply palm oil to Northern Nigeria free Call or WhatsApp for the ebooks 08067704237. States with abundant yam production include Benue, … Prices of foodstuffs in Nigeria increases often without reduction and control due to inflation. 1 Like 1 Share Re: Cost Implication For The Cultivativation Of 1 Hectare Of Cassava Production. Yam farming business in Nigeria. Statistics, about 60% of the Nigeria labour force were in agriculture, and they had contributed over 40% to the country’s annual average of real GDP (National Bureau of Statistics, 2012). Next Post: Maize farming in nigeria. Log out Login. Arguably, yam is the major sources of employment generation for family members in rural areas. In Nigeria, an average ware yam price would be 30 naira/kg at harvest time, whereas purchasing seed at planting could typically cost three times more, 90 Naira/kg (about US$0.56/kg). Cost of manure= ₦3000. Transportation= ₦7,000. Show all. yam Farm Machinery & Equipment 3. We’ve made this available so you could download the complete yam production business plan to apply for loan, grant or run your self financed business. We all know that tractor is the indispensable farming machine applied in agricultural land, instead of human labor. WorldStage Newsonline– Nigeria’s Minister of Agriculture and Rural Development, Alhaji Muhammad Nanono has said that the ministry had made yam a priority crop in 2020 fiscal year out of over 28 crops being promoted in the ministry. Storage. Once a yam tuber is damaged, it will not store well and its decay will be rapid. The various spp of yam … Yam farming is obviously one of the most rewarding farm business in Africa for many good reasons. It is prepared in our kitchens in many forms – pounded yam, porridge, friend yam, yam with vegetables – mention just a few. You can start with as low as N2million. In fact, exportation of yam is an untapped area in Nigeria’s agricultural sector, leaving Ghana as the major exporter of yam in West Africa. September 30, 2020 Posted by: RSIS Team; Category: Agriculture, IJRSI, Soil Science and Land Resources Management; No Comments . Here is the cost analysis of plantain farming in Nigeria (This is just for example): Cost of sucker ₦200. by Agrotrust : 6:12pm On Feb 20 , 2017 Yam Farm Machinery & Equipment in Nigeria. Manual Ginger Potato Yam Cassava Slicer ₦ 25,000. Most yam farmers and sellers in Benin have observed that the cost of the produce is not connected with the recent approval given by the Federal Government for yam export. Costs of yam setts constituted more than 60% of the total variable cost, while labour was about 30% for all land improvement techniques in the two agro-ecologies. Nigeria is by far the world’s largest producer of yams, accounting for over 70–76 percent of the world production. 30 Naira/kg (about US$0.19/kg). Latest the cost of starting yam farming in Nigeria in Nigeria 2018, how to/bestthe cost of starting yam farming in Nigeria in United States, United Kingdom, India, Ghana, South Africa, Kenya, Canada, Australia, Uganda, United Arab Emirates, Singapore, Malaysia, Germany, … Land Cost: Land cost between N500,000 to N5,000,000. Yams can be very diversified in its uses, however it is mostly consumed in the cooked state. cost of yam farming in nigeria. Labour cost was the major cost of production accounting for 64% and 66% of the total cost of production for the male and female-headed households, respectively. Livestock Farming In Nigeria is also one of the Most Profitable ... it can be grown in almost any soil type and can be integrated with Plantain, Yam, and Potato. You do not need to buy much and the pest that affects these plant are just locust and grasshoppers that attacks it leaves. At this stage, the farmer must be extra careful so as to avoid damaging the tuber. Here are vital information on the requirements and cost of starting a pig farming in Nigeria: 1. Yam can not only be sold locally, it can also be exported out of the country. Yam production and consumption have increased over the past twenty years, though more recently, production has been somewhat in decline and yields have been stagnant. Thanks. Agriculture is the future of Nigeria, and it is called 'The New Oil'. In 2000, global yam production was approximately 37.5 million tons of which 96% was grown in Africa. The yams can serve as food – it is possible to boil or fry them, and then eat them without any processing. PlanbizAdmin says: August 23, 2020 at 8:42 am Good day. Roots and tubers such as yam are living organisms. Nigeria farmed yams on 5.9 million hectares, 70% of the world land area of 8.6 million hectares devoted to yam farming. In this post, we will take a look at the prices of some basic commodities in Nigeria. And cassava is really easy to plant, just stick the stem in the ground. Cost and returns of snail farming is one of the critical factors to be considered before investing in snail farming in Nigeria.Cost and returns of snail farming is necessary to evaluate the viability of snail farming for “return on investment”, which however could be foreseeably determined based on certain principles of snail farming. Reply. 3. Food, in general, has been seen as a basic need but in Nigeria, it looks more like a luxury. We fabricate different sizes of fish oven Lagos State, Magodo, 51 MINUTES AGO – Farm Machinery & Equipment VIP TOP+ 3. Nigeria is the world’s largest yam producer in terms of quantity. In Nigeria, yams are typically harvested by hand method, using sticks, spades or diggers. It depends on the capacity you want to start with. ₦20 × 500= ₦10,000. Yam is considered the most important food staple in West Africa where 70% of the total yams produced worldwide comes from. Noting and following up on these prices help you keep a tab on the market, either s an investor or a regular buyer. Yams are the Dioscoreaceae vine plants grown as staple food in tropical and sub-tropical regions that produce underground tubers or aerial bulbs. Cost Of Construction: Construction of pig pens, pig pool and other housing should cost about N350,000. Dashboard Log out Login. Thus proving the importance of agriculture in Nigeria. Multi-purpose hammer mill is used for food processing such as dried corn, dried yam and cassava and can also be used to process poultry feed Osun State, Olorunda-Osun, TODAY, 05:44 – Farm … info@senceagric.com +234 8028748750. Yam (Dioscrora spp) are among the most valued tuber crops in the tropics – West Africa is one among the three largest yam production region in the world and Nigeria is the largest production of yam in the world.Most of the yams grown in Nigeria are from small farm land. Dashboard. The study examined the parameters that influence the profitability of small-scale yam farms in Kogi State, Nigeria. Yam is one of the most popular food staple in most African countries and beyond. 500 suckers × ₦200= ₦100,000. According to the Food and Agricultural Organization report, in 1985, Nigeria produced 18.3 million tonnes of yam from 1.5 million hectares, representing 73.8 percent of total yam production in Africa. Total cost: ₦135,000. 2. And is also used in numerous events such as traditional marriages and occasions, as a staple food and in the production of flour and others. VIP TOP+ 2. Yam in Nigeria, is also processed into various staple, intermediate and end product forms (Okaka et al., 1991; Okaka and Anajekwu, 1990), which are used for direct consumption by animals, used as the basic ingredient for snacks or made into flour used for making instant puree (Coursey, 1983; Okaka and Okechukwu, 1987). Yam farming business opportunities 7.Yam storage business opportunities. The IITA-BIP decided to work on a controlled trial with the aim of realizing higher yam yield and assist farmers in achieving the same in their farms. Countries where exported yam can be sold include the US, … Tubers of yam are, however, expensive in the city. Agriculture Nigeria. Maintenance cost= ₦15,000. This is a complete downloadable yam Farming Business Plan in Nigeria. If the farmer instead uses own, stored seed the cost would be equal to the lost revenue for not selling it as ware yam, i.e. 5 comments Oluwasayo says: August 20, 2020 at 8:45 am Good day. Here CHALION would like to analyze some factors influenced cost of farm tractor machines. The yam farming business is connected with cultivating the yam crop, to consume it and process it in the market locally and internationally. This researchwas developed with objective of assessing the distribution, diversity and potential production of yams ( Dioscorea spp.) One seed yam is going for N80, so if you have planted your one hectare with 800,000 worth of seed yams and as a result of climate change, the seed yams get rotten in the soil. In separate interviews on Sunday in Benin, they noted that beside the high cost of farm implements such as cutlass and pesticides, high cost of labour has contributed to the prevailing market price of the produce. by emmykk(m): 8:17pm On Sep … Nigeria has more than 23 million people living in poverty despite the abundance of fertile soil, human resources and great climate. Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. In case you have been searching for a yam processing business plan in Nigeria, we are … Reply. Dekoraj Fish,Yam And Ginger Drying/Smoking Kiln ₦ 250,000. The world average annual yield of yams was 8.8 tonnes per hectare in 2017, with Ethiopia having the most productive farms of 29.2 tonnes per hectare. Assessment of Two Toposequences in Forest- Savanna Transition Area for the Cultivation of Yam, Cassava and Maize in Eastern Nigeria . In Nigeria, yams are produced almost in all the states of the Federation both in substantial and commercial agricultural systems and are of different species such as white yam (Dioscorea rotundata), yellow yam (Dioscorea cayenensis) and water yam. Traditional yam producing areas have been experiencing a decline in yam production due to declining soil fertility, poor yam plantlets, increasing pest pressures, and the high cost of labor. It has all the necessary items that a bankable business plan should contains. The Nigerian government has played a more active role in improving agricultural production and export of root and tuber crops including yams in recent … Dr Abdullah Ibrahim says: August 27, 2020 at 6:31 … However, these current prices of food commodities in Nigeria can have a major effect on the value of the main stock and the overall market. 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