The study examined the parameters that influence the profitability of small-scale yam farms in Kogi State, Nigeria. by Agrotrust : 6:12pm On Feb 20 , 2017 We all know that tractor is the indispensable farming machine applied in agricultural land, instead of human labor. You can start with as low as N2million. 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. 500 suckers × ₦200= ₦100,000. 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. Here CHALION would like to analyze some factors influenced cost of farm tractor machines. 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. Storage. It is prepared in our kitchens in many forms – pounded yam, porridge, friend yam, yam with vegetables – mention just a few. Re: 5 Hidden Secrets Of Making Money From Yam Business Exposed. 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. 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. It has all the necessary items that a bankable business plan should contains. 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. yam Farm Machinery & Equipment 3. It depends on the capacity you want to start with. 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. Here are vital information on the requirements and cost of starting a pig farming in Nigeria: 1. Yam farming business opportunities 7.Yam storage business opportunities. Cost Of Construction: Construction of pig pens, pig pool and other housing should cost about N350,000. Yams are the Dioscoreaceae vine plants grown as staple food in tropical and sub-tropical regions that produce underground tubers or aerial bulbs. Dekoraj Fish,Yam And Ginger Drying/Smoking Kiln ₦ 250,000. 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). Cost Of Piglets: Let’s go with 50 piglets (Let’s use N4000 for the cost of each piglets) 50 multiply N4000= N200,000. 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. Home; About Us . Next Post: Maize farming in nigeria. You do not need to buy much and the pest that affects these plant are just locust and grasshoppers that attacks it leaves. 2. 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. Yams can be very diversified in its uses, however it is mostly consumed in the cooked state. Thanks. The yam farming business is connected with cultivating the yam crop, to consume it and process it in the market locally and internationally. PlanbizAdmin says: August 23, 2020 at 8:42 am Good day. ₦20 × 500= ₦10,000. 4. In case you have been searching for a yam processing business plan in Nigeria, we are … Assessment of Two Toposequences in Forest- Savanna Transition Area for the Cultivation of Yam, Cassava and Maize in Eastern Nigeria . The yams can serve as food – it is possible to boil or fry them, and then eat them without any processing. 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, … Reply. Once a yam tuber is damaged, it will not store well and its decay will be rapid. There are over 150 species of yams grown throughout the world. Cost of Planting= ₦20. VIP TOP+ 2. In Nigeria, yams are typically harvested by hand method, using sticks, spades or diggers. 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. Yam farming is obviously one of the most rewarding farm business in Africa for many good reasons. Countries where exported yam can be sold include the US, … Thus proving the importance of agriculture in Nigeria. Dr Abdullah Ibrahim says: August 27, 2020 at 6:31 … by emmykk(m): 8:17pm On Sep … Yam Farm Machinery & Equipment in Nigeria. 8.Yam farming input business. Here is the cost analysis of plantain farming in Nigeria (This is just for example): Cost of sucker ₦200. Nigeria has more than 23 million people living in poverty despite the abundance of fertile soil, human resources and great climate. Without yam in the market, millions of African families may starve. Show all. 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. And cassava is really easy to plant, just stick the stem in the ground. info@senceagric.com +234 8028748750. Manual Ginger Potato Yam Cassava Slicer ₦ 25,000. 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. 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. Nigeria alone accounts for 70% of the world's production. 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. 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. 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. In this post, we will take a look at the prices of some basic commodities in Nigeria. Maintenance cost= ₦15,000. Every year, festivals and rituals are carried out in different parts of the region to mark the arrival of… Skip to content. Yam farming business in Nigeria. This is a complete downloadable yam Farming Business Plan in Nigeria. 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. Dashboard Log out Login. Noting and following up on these prices help you keep a tab on the market, either s an investor or a regular buyer. Agriculture Nigeria. 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. 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). Roots and tubers such as yam are living organisms. in sheko district, Bench Maji Zone, Ethiopia. September 30, 2020 Posted by: RSIS Team; Category: Agriculture, IJRSI, Soil Science and Land Resources Management; No Comments . The Nigerian government has played a more active role in improving agricultural production and export of root and tuber crops including yams in recent … 5 comments Oluwasayo says: August 20, 2020 at 8:45 am Good day. Nigeria farmed yams on 5.9 million hectares, 70% of the world land area of 8.6 million hectares devoted to yam farming. 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. cost of yam farming in nigeria. Yam is one of the most popular food staple in most African countries and beyond. There are a lot of opportunities for those who would like to be involved in the yam farming business. This researchwas developed with objective of assessing the distribution, diversity and potential production of yams ( Dioscorea spp.) We fabricate different sizes of fish oven Lagos State, Magodo, 51 MINUTES AGO – Farm Machinery & Equipment VIP TOP+ 3. Yam is also produced abundantly in Nigeria. In 2000, global yam production was approximately 37.5 million tons of which 96% was grown in Africa. Food, in general, has been seen as a basic need but in Nigeria, it looks more like a luxury. 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. Agriculture is the future of Nigeria, and it is called 'The New Oil'. Tubers of yam are, however, expensive in the city. At this stage, the farmer must be extra careful so as to avoid damaging the tuber. Yam can not only be sold locally, it can also be exported out of the country. Yam production enterprise was profitable in the study area with net farm income of N136,950 and N128,800 for male and female-headed households, respectively. 30 Naira/kg (about US$0.19/kg). Cost of manure= ₦3000. Log out Login. States with abundant yam production include Benue, … Arguably, yam is the major sources of employment generation for family members in rural areas. 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. Reply. Nigeria is by far the world’s largest producer of yams, accounting for over 70–76 percent of the world production. The various spp of yam … Nigeria is the world’s largest yam producer in terms of quantity. Transportation= ₦7,000. Dashboard. Yam is considered the most important food staple in West Africa where 70% of the total yams produced worldwide comes from. Land Cost: Land cost between N500,000 to N5,000,000. Please how much in estimates will it cost to set up a yam flour factory? 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 … 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). 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. 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. Total cost: ₦135,000. 3. And rituals are carried out in different parts of the country of Fish oven Lagos State,,! 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