This consists of 3 major costs and they are;
- LAND LEASE
- DEVELOPMENTAL FEE
- RECURRENT EXPENSES
The mapped-out area for the cattle village has been kept on lease valued at 150,000 nairas for 10 years for a plot of land.
So, in other words, when you pay the above sum, you will have access to a cattle ranch space of 1 plot of cattle ranch area for 10 years uninterruptedly.
These charges include,
These are constant charges that you will need to pay to continue the business, these charges are:
|Cost of the calf (maximum of 5)||60000(per calf)|
Therefore, the LAND LEASE + DEVELOPMENTAL FEE + RECURRENT FEE = 380,000
Technical & Advisory support:
The technical team from the Institute of Agriculture Research and Training (IART) and Institute of Tropical Agriculture (IITA) will be saddled with the responsibility of training the members and also coming up with a feasible and affordable cost for making a ranch from the plot leased by the cooperative members.