Nigeria's 1st Digital Agriculture Platform

Rice Farm

₦145,000 / Rice Farm (1 Acre which is 6 plots)

  • 0 Rice Farms left
  • Contract Period : 6 months
  • Expected Return : 20% per 6 months
  • Harvest Period : 1 month
View Profit Simulation

Initial Investment: 0

Period Net Profit ROI
6 0 20%
Payback 0
Total 0

farmcrowdy-insurance

Farm Description

Rice is the seed of the grass species Oryza glaberrima (African rice). The grain originated thousands of years ago in Asia, in a broad arc stretching from eastern India through to Burma (Myanmar), Thailand, Laos, northern Vietnam and southern China. It is one of the oldest harvested crops known to man.

As a cereal grain, it is the most widely consumed staple food for a large part of the world’s human population, especially in Asia. It is the agricultural commodity with the third-highest worldwide production, after sugarcane and maize, according to 2012 FAOSTAT data.

Annually, Nigerians consume around 5.5 million tonnes of rice, of which 3.6 million tonnes are locally produced – mostly by farmers for personal consumption.

Rice provides 21% of global human per capita energy and 15% of per capita protein. Although rice protein ranks high in nutritional quality among cereals, protein content is modest. Rice also provides minerals, vitamins, and fiber, although all constituents except carbohydrates are reduced by milling.


What does my investment cover? 

1) Renting the plots of land on your behalf

2) Insurance from Leadway Assurance to cover the farm investment and farmers

3) Farm inputs including high-starch stems and farm tools

4) Farmers labour to work on the farm

5) Logistics to get the harvested farm produce to market to sell them


Farm Location: Owan West, Edo State

Farm Size: 200 Hectares

Farm Visits: This can be arranged for Farm Sponsors only. Please call us or send a mail to info@farmcrowdy.com with the subject “Farm visit”