”Cost Breakdown (Capital and Profit Estimate) in Cassava Farming in Nigeri

”Cost Breakdown (Capital and Profit Estimate) in Cassava Farming in Nigeri

Cassava farming in Nigeria is one of the most profitable agribusinesses today. It provides food, raw materials for industries, and income for thousands of farmers. However, before you start, it’s important to understand the cost breakdown, capital requirements, and profit potential of cassava farming.

This detailed guide will educate you on everything you need to know about cassava farming economics in Nigeria.


Overview of Cassava Farming in Nigeria

Cassava (Manihot esculenta) is a root crop grown in almost every part of Nigeria, especially in the South-West, South-East, and North-Central regions. It is used for producing garri, fufu, starch, ethanol, and animal feed.

Cassava farming requires moderate investment and offers high returns if managed properly. With the right land, improved varieties, and good management, cassava can yield 20–30 tons per hectare.


Capital Requirement for 1 Hectare of Cassava Farm

Here is an estimated cost breakdown for starting cassava farming on 1 hectare of land in Nigeria (as of 2025):

ItemsEstimated Cost (₦)Description
Land preparation (clearing, ploughing, ridging)₦60,000 – ₦80,000Includes labor and machinery
Cassava stems (improved variety)₦25,000 – ₦35,00050–60 bundles (cuttings)
Planting labor₦20,000 – ₦30,000Laborers for planting
Fertilizer and organic manure₦25,000 – ₦35,000NPK 15:15:15 or organic fertilizer
Weeding and pest control₦30,000 – ₦50,000Two or three rounds of weeding
Harvesting labor₦30,000 – ₦40,000Cost of harvesting cassava roots
Transportation to market₦20,000 – ₦30,000To local market or processing point
Miscellaneous (tools, supervision, etc.)₦15,000 – ₦25,000Farm maintenance and tools

Total Estimated Capital: ₦225,000 – ₦325,000 per hectare

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Expected Yield and Revenue per Hectare

With proper management and improved cassava varieties like TMS 30572, TME 419, or TMS 98/0581, a farmer can expect:

  • Yield: 20 – 30 tons per hectare
  • Average market price: ₦45,000 – ₦60,000 per ton (as of 2025)

Estimate Revenue:

  • 20 tons × ₦50,000 = ₦1,000,000
  • 30 tons × ₦50,000 = ₦1,500,000

So, the average gross revenue per hectare is between ₦1,000,000 and ₦1,500,000.


Profit Estimate from Cassava Farming

DetailsLow EstimateHigh Estimate
Total Cost₦225,000₦325,000
Total Revenue₦1,000,000₦1,500,000
Net Profit₦675,000₦1,175,000

Return on Investment (ROI): 200% – 350% within 9–12 months

This shows cassava farming is a highly profitable agribusiness in Nigeria if properly managed.


Tips to Increase Profit in Cassava Farming

  1. Use improved varieties – Choose high-yielding, disease-resistant types like TME 419.
  2. Adopt good spacing – Maintain 1m × 1m spacing for optimum yield.
  3. Apply organic and chemical fertilizer – Apply NPK 15:15:15 and organic manure to boost root development.
  4. Weed regularly – Weeding at 4 and 8 weeks after planting helps avoid competition for nutrients.
  5. Process cassava – Instead of selling fresh roots, process them into garri, fufu, or starch for higher profit.
  6. Target off-season sales – Prices rise during dry season (November–March).

Conclusion

Cassava farming in Nigeria is a profitable business that can turn small-scale farmers into agribusiness owners. With ₦225,000 – ₦325,000, you can start a 1-hectare cassava farm and make up to ₦1 million profit in less than a year.

Invest wisely, use improved varieties, and apply proper management practices — and cassava farming will reward you abundantly.

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