.jpg&w=3840&q=75)
Cash crops cluster
Key figures
Gross revenue/acre at peak
₦1.9M+
Nigeria: cassava produce rank
#1
Investor returns begin
Year 1
Annual cassava output
62M MT
About this cluster
Nigeria leads in cassava and grows major staples but loses billions to post-harvest waste amid high food inflation. The opportunity is better local production and processing near markets—Ayetoro (~130 km from Lagos) enables fast delivery, while Aroko offers a diversified five-crop portfolio (highlighted here: plantain, cassava, maize).
Plantain
Perennial · first harvest year 1 · 5+ year ratoon life Nigeria's third most consumed food. Dry-season demand often outpaces supply, pushing bunches to ₦600–900. Established stands produce two harvests per year and ratoon for 5+ years before replanting. Proximity to Lagos supports premium market access. Global plantain demand is rising ~3.5% annually as diaspora markets expand.
Cassava
Year-1 returns · annual cycle Nigeria produces ~62M tonnes of cassava annually, yet demand for processed products outpaces supply. Cassava matures in ~12 months for fast returns. From year 3, Aroko adds value through garri and starch processing at a 50–60% premium—low input, high-demand anchor crop, drought-tolerant and embedded in Nigerian diets.
Maize
2 cycles/yr · 90-day crop · guaranteed offtake Nigeria's maize deficit is roughly 2–3 million metric tonnes. Feed mills, breweries, and starch processors compete for local supply. Aroko has active offtake agreements with two Ogun State feed mills for floor-price protection. Rain and dry-season cycles mean income twice per year. Global demand for maize-based ethanol and feed adds long-run price support.
| Years | Yield (T) | Sale form | Investor (35%) |
|---|---|---|---|
| Yr 1 | 15 | Fresh roots | ₦393,750 |
| Yr 2 | 17 | Fresh roots | ₦464,100 |
| Yr 3 | 18 | Garri/flour | ₦567,000 |
| Yr 4+ | 20 | Mixed/starch | ₦665,000 |
Ready to invest
In Cash crops Cluster