We all know how Nigeria and the world economy is presently, and this is the time for us to think beyond normal.
So I will like to introduced some business we can eventually venture into this season and make more profit out of it.
what people fail to understand is that riches don’t just come overnight but is a gradual process, the youths now are looking for a get rich quick scheme which they later end up with scammers.
Having said this, there some business you can start now and start building gradually and become your own boss.
Agriculture Business is a very lucrative business you can start doing in your specific area of resident
There are many area you can venture into in agriculture, but as for me I started with a maize plantation.
Maize plantation is a kind of business you can start and give you a lots of profit in no time, this is how it works,
Start preparing your land early especially during dry season when all bushes have dry so it can be easy to clear by burning
once you have a clear land already like 1 acre, you can start ur planting as early as March
this is the break down of how much you will spend on 1 acre of land to plant maize
- ploughing using tractor cost #7,000 per acre
- 5kg of Oba super seeds at #3,200
- one bag of fertilizer at #8,000
- Two force up chemical to kill weeds #2,600
- miscellaneous #5,000
total will give you cost you #25,800.
while harvesting, you are expected to have a returns of 12-15 bags of maize per acre which a bag cost #9,000
so you can do the calculation of how much u will have in returns.
The good news is that you can repeat this system twice in a year.
By the time you do this for like 3-5 years you will be swimming in millions of naira.
I hope someone will take good advantage of this.
watch out for the other Businesses I will breaking down on this platform.