Tomatoes is highly profitable and could bring wealth within a very short period.
Take for example tomatoes cultivation on an acre of land should produce between 15tonnes to 35tonnes- 15tonnes being a worst case scenario.
So let’s calculate: in mile-12 market Lagos, Nigeria for example, a 25kg crate of fresh hardy 120g size per fruit of tomatoes sells for N3500 during market glut/surplus period and N12, 000 during scarcity.
We said 15tonnes (15,000kg) is the worst case scenario. Hence, when you do the math, that’s 600 of 25kgcrates of tomatoes on an acre. At a worst case you sell all 600 crates at 3500 naira, you should realize a gross profit of N2,100,000.
Note that this calculation is based on when tomatoes is surplus, not scarce and every year it’s certain there would be scarcity of tomatoes for at least for 5-6months straight in Nigeria.