By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Latest Cost of Yam Farming (Per Hectare) in Nigeria Today, April 9th, 2024
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
Featured

Latest Cost of Yam Farming (Per Hectare) in Nigeria Today, April 9th, 2024

Okay.ng
By Okay.ng
Published: April 9, 2024
Share
3 Min Read
SHARE

Yam farming in Nigeria is a significant agricultural activity, as the country is one of the largest producers of yams in the world.

Contents
Acquisition and Preparation of FarmlandPlanting and CultivationIrrigation and FertilizationPest Control and Other ExpensesProfitability of Yam FarmingCurrent Cost of Yam Farming (Per Hectare) in Nigeria TodayDetailed Cost Table

Understanding the cost implications of yam farming is crucial for farmers, investors, and stakeholders in the agricultural sector.

This article provides an extensive overview of the costs associated with yam farming per hectare in Nigeria as of April 2024.

Acquisition and Preparation of Farmland

  • Acquisition/Rent of Farmland: The cost of acquiring or renting one hectare of farmland ranges from ₦50,000 to ₦400,000.
  • Surveying and Land Documentation: Costs for surveying and documentation can vary between ₦90,000 and ₦190,000.
  • Clearing, Ploughing, and Harrowing: These preparatory steps can cost around ₦40,000.

Planting and Cultivation

  • Yam Cuts: The cost for yam cuts necessary for planting is approximately ₦50,000.
  • Planting: The planting process itself may cost around ₦20,000.

Irrigation and Fertilization

  • Irrigation: While optional, irrigation costs can range from ₦290,000 to ₦640,000.
  • Fertilizers and Manure: Depending on soil fertility, this can cost between ₦50,000 and ₦200,000.

Pest Control and Other Expenses

  • Pesticides: The cost for pesticides is expected to be around ₦20,000.
  • Other Expenses: Additional costs may amount to ₦90,000.

Profitability of Yam Farming

Yam farming can be highly profitable, with returns on investment (ROI) ranging from 50% to 300%, depending on yield and season.

- Advertisement -

Current Cost of Yam Farming (Per Hectare) in Nigeria Today

Yam farming is a cornerstone of Nigerian agriculture, with the country being among the top producers globally. The cost of yam farming per hectare can vary based on several factors, including land prices, labor costs, and input prices. Below is a comprehensive breakdown of these costs.

Detailed Cost Table

Expense CategoryCost (₦)
Acquisition/Rent of Farmland₦50,000 – ₦400,000
Surveying and Land Documentation₦90,000 – ₦190,000
Clearing, Ploughing, and Harrowing₦40,000
Yam Cuts₦50,000
Planting₦20,000
Irrigation (Optional)₦290,000 – ₦640,000
Fertilizers and Manure₦50,000 – ₦200,000
Pesticides₦20,000
Other Expenses₦90,000
Total₦650,000 – ₦1,600,000

The total cost of yam farming per hectare in Nigeria can range from approximately ₦650,000 to ₦1,600,000, not including optional irrigation. These figures are based on current market rates and may vary depending on specific circumstances.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:Cost of Yam Farming
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByOkay.ng
Follow:
Okay.ng launched under OKN MEDIA PUBLISHING (RC Number: 2993580) in the year 2012 is an independent digital news platform with thousands of page views and unique visitors every month
Previous Article FCMB Dollar To Naira Exchange Rate Today – April 9, 2024
Next Article Renowned Kannywood Actress Saratu Gidado, ‘Daso,’ Is Dead

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Rate

Okay.ng Logo
Buy Rate ₦1,560.00
Sell Rate ₦1,570.00

Updated: 2 days ago

Displayed rates are for informational purposes only and are subject to change.

Quick Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Dangote Refinery Unveils N720bn CNG Truck Fleet to Slash Fuel Costs, Save Nigeria Over N1.7trn Annually
Energy & Oil
Nigerian Troops Neutralize Terror Kingpin Mai Dada, Recover Arms in Multi-Region Operations
Security
NNPP Welcomes Possibility of Rabiu Kwankwaso Joining APC Amidst Ganduje’s Resignation
News
Tinubu’s State Visit to Saint Lucia Marks Historic Diplomatic and Cultural Engagement, Presidency Clarifies
International News
President Bola Tinubu Suspends Implementation of Financial Reporting Council Amendment Act 2023
News
- Advertisement -
Ad imageAd image

You May Also Like

News

Aminu Dantata to be Buried in Madinah After Saudi Approval

Muhammad A. Aliyu
Muhammad A. Aliyu
June 29, 2025
CrimeVideo

VIDEO: NDLEA Issues Strong Advisory to Travellers Against Carrying Unknown Bags

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 29, 2025
News

SERAP Demands Transparency from Nigeria’s Governors on Security Vote Spending

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 29, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?