₦60,000
Amount | ₦60,000 |
Available Quantity | 0 |
Return | 20% |
Period | 6 Months |
Location | Ogun State |
This farm is insured by
Your farm subscription details
a) Leasing of farmland for you
b) Insurance coverage of the farm all through the farm tenure
c) Improved inputs such as seeds, fertilizers, pesticide and farm implements
d) Labour engagement for the farm
e) Sales Logistics
Farm Location: Oyo State
Farm Size: 100 acers
Unit Cost: #60,000
Returns: 20% in 6 Months
Maize is a staple food and one of the most important food crops in many parts of the world, with total production surpassing that of wheat or rice. Maize production is used for corn ethanol, animal feed and other maize products, such as corn starch and corn syrup. The six major types of corn are popcorn, flour corn, sweet corn, flint corn, dent corn and pod corn.
Maize is the most important food crop in Sub-Sahara Africa, as the population increases and more people begin to include higher amounts of meat, poultry and dairy into their diets, demand for maize is expected to rise. According to CGIAR, by 2025, maize will be the developing world’s largest crop and between now and 2025 the demand for maize is expected to double.
Global corn production statistics shows that Nigeria is the largest producer in Africa with 7.2 million metric tons of Maize in 2016, while United States is leading the world corn production with 384 million metric tons.
Maize production business in Africa presents us with huge investment opportunity with decent returns by empowering the farmers while ensuring food security