380,000.00

Land Lease = 150,000

Developmental Fee = 80,000

Recurrent Expenses = 150,000

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PRICE PLAN

This consists of 3 major costs and they are;

  1. LAND LEASE
  2. DEVELOPMENTAL FEE
  3. RECURRENT EXPENSES

LAND LEASE: 

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.


DEVELOPMENT FEE:

These charges include,

ITEM PRICE
Perimeter fencing/shed  25,000
Land clearing 25,000
Water 20,000
Grazing Area 10,000
Total   80,000

         
RECURRENT EXPENSES: 

These are constant charges that you will need to pay to continue the business, these charges are:

ITEM  PRICE
Cost of the calf (maximum of 5) 60000(per calf)
Security fee 30000
Insurance 10000
Logistics 10000
Vaccinations 20000
Labour 20000
Total 150,000

 

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.

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