Ginger is a perennial crop with lots of benefits that have made many countries across the world use it. Its medicinal, cooking and cosmetic benefits have contributed massively to Nigeria’s export. The botanical name for Ginger is Zingiber officinalis and it’s from the Zingiberaceae family.
Ginger is a root crop (a rhizome) that is native to South Asia’s eastern region. Locally, the largest rates of ginger production may be found in states such as Niger, Nassarawa, Benue, and Kaduna, all of which are located in Nigeria’s northern area.
A mature ginger rhizome is fibrous and striated, with brown exterior skin and varied colors on the inside, which might be white, yellow, or red depending on the crop species. It can be consumed fresh, dried, powdered, as oils and juices, but its potential as a cash crop has been fully realized, and it is currently produced for its economic value.
Ginger may be cultivated in warm, humid climates, although soil testing is required before planting. The soil of Southern Kaduna is ideal for this crop; it is the state’s main source of revenue, and it is known as “alert” farming.
Foreign consumers love Kaduna ginger since it is of the highest quality to them. You must undertake an appropriate soil test if you wish to plant it in your state. To determine what is missing from the soil and what can be added.
How To Fertilize Ginger
Ginger can grow well in treated dung from cows, goats, pigs, and other animals, hence organic ginger farming is highly popular. NPK 15:15:15 can also be used, but it must be applied twice throughout ginger growing.
For the first time, 20 days after planting, at a rate of four bags per hectare. The second application, at a rate of two bags per hectare, should be made 40 days following the first. Urea should be put to the farm during the second application.
Having known all this about ginger, what’s the cost of farming one hectare of ginger in Nigeria? In this article, I’ll explain in detail.
Cost of Farming One Hectare of Ginger In Nigeria
To invest in ginger farming, you’ll need a business strategy, a soil study, and, of course, a buyer. Locally A ton of dried split ginger cost as much as N550,000 in 2015. Consider a hectare of dried split ginger growing and processing.
- The price of a hectare (leasing) is N100,000
- N280,000 for rhizomes
- N100,000 for land preparation
- N150,000 in labor for planting
- N100,000 for fertilizer
- N80,000 for harvesting and packaging labor
- N810,000 was spent on total manufacturing costs.
If the farmer loses 40% to 50% of the tons he harvests due to processing, he has an average of 8 to 10 tons to sell, which means that if he sold at N450,000 per ton, he would have generated a net profit of N3,600,000 to N4,500,000, a return on investment of over 300 percent. This is true if the price of ginger does not depreciate.
Read also: How to grow ginger in containers and get a huge harvest here
I hope this article was helpful. I would like to hear from. So, let me know if you have any questions about the cost of ginger production in Nigeria.