B.

ESTIMATES OF COSTS

S/N ACTIVITY QUANTITY UNIT AMOUNT/HA ESTIMATED

REQUIRED COST (₦) (₦) RETURNS ON
6,000 HA (₦)
1. Sale of unprocessed cassava 25 tons/ha 40,000.00 1,000,000,00 6,000,000,000.00
tubers
2. Sale of cassava stem cuttings 200 bundles/ha 1,000.00 200,000.00 1,200,000,000.00
3. Sale of maize cobs 30,000 cobs/ha 50.00 1,500,000.00 9,000,000,000.00
SUB-TOTAL 4 2,700,000.00 16,200,000,000.00

SUMMARY OF COSTS AND RETURNS ON INVESTMENT:

1. Total Estimates of Return on Investment (Gross Revenue) = ₦16,200,000,000.00

2. Less Total Operating Cost of Investment = ₦4,444,983,000.00
3. Less Tax/Insurance/Loan Repayment (9%) = ₦400,048,500.00
4. Net Income/Profit = ₦11,354,968,500.00

SUMMARY OF COSTS AND RETURNS ON INVESTMENT/BENEFICIARY:

1. Total Estimates on Returns on 2 Hectares Investment (Gross Revenue) per beneficiary

= ₦5,400,000.00
2. Less Total Operating Cost of 2 Hectares Investment per Beneficiary = ₦1,481,661.00
3. Less Tax/Insurance/Loan Repayment per Beneficiary = ₦133,349.5
4. Net Income/Profit per Beneficiary = ₦3,784,989.5
5. Benefit Cost Ratio = 3.6