It will cost you less than one million naira to produce two tonnes of pepper and the harvest time is within 4-6 months from planting. Any business you can invest one million naira and harvest 4 million in return within six months is worthy to be given a try.
How lucrative is pepper farming in Nigeria?
The cost of starting a pepper production in Nigeria for medium scale is N1 million. The money can get you a profit of N1. 7 million if done properly and correctly within the next 6 to 7 months. Is pepper farming profitable in Nigeria?
How many peppers can you get per acre?
Growers generally plant approximately 10,000 to 14,000 plants per acre in double rows spaced 14 to 18 inches apart on plastic mulched beds with 16 to 24 inches between plants in the row and with the beds spaced 5 to 6.5 feet apart from their centers.
How long does it take pepper to grow in Nigeria?
Pepper matures within 3-5 months depending on variety, and harvesting can last up to 3months. Chilli plants can live and bear fruit for 2-3years. So, it has a high Return of Investment.
How much money do garlic farmers make?
The 3 types of gourmet garlic can provide a great boost to farm revenue. Rocambole, Purplestripe and Porcelain varieties offer superior flavor and command a premium at retail. These gourmet varieties can sell for as much as $10 a pound. In good soil, an acre planted with garlic can yield 15,000 pounds.
How many tomatoes can you plant per acre?
Growers generally plant 2,600 to 5,800 plants per acre in single rows with 18 to 30 inches between plants in the row on 5.0- to 6.5-foot centers. A double row of compact tomato varieties also can be planted on each plastic-covered bed (10,000 plants per acre).
Can you make money selling hot peppers?
Hot Pepper seedlings sell for anywhere from $5-15, depending on your geography. The individual peppers can sell from $3-7 each, and each plant can yield 50-100 pods depending on the type.
Is Ugwu farming profitable?
Then start an Ugwu farm because it is profitable and the demand is high. Ugwu leaves also known as fluted pumpkin has so many health and nutitious benefits. … This tells you that starting a commercial ugwu farm in the country is a profitable venture.
How many peppers can you get from one plant?
On average, the bell pepper yield per plant is five to 10 peppers; however, some varieties will produce a few more or less.