Energy Usage:

Considering 1,8-2 kwh of electricity is used to produce a head of lettuce, we are going to take 1,9 kwh of electricity per head of lettuce for our calculations.

1 kwh electricity for a business cost, 39.838 Naria which is 0.088 Euro/kwh

1,9 kwh electricity will cost 0.1672 Euros

Electricity cost per lettuce head is 0.1672 Euro

Considering the facility is producing 5000 lettuce per day, 0.1672 (euro per lettuce for 1,9 kwh) x 5000 (lettuce production per day) will be equivalent to 836 euro. Cost of electricity for only the production of 5000 lettuce will be 836 Euro per day

* The currency conversion rate taken to account is 1 Nigerian Naria is 0.0022 Euro which is the conversion rate of 12 April 12, 2021

* The currency conversion rate taken to account is 1 Nigerian Naria is 0.0022 Euro which is the conversion rate of 12 April 12, 2021

Personal list and average cost

Personal list:

  1. General Manager
  2. Marketing Manager (5,751.79 Euro/year)
  3. Factory Manager (23,229.34 Euro/year)
  4. Production Manager (industrial engineer) (4,525.73 euro/year)
  5. Operation manager (4,881.35 Euro/year)
  6. Quality Control Manager (food engineer) (6,171.45 Euro/year)
  7. Breakdown Maintaince Supervisor (7,200.02 Euro/year)
  8. Nursey Manager
  9. Production and Packaging manager (4,525.73 euro/year)
  10. Irrigation & fertilization manager
  11. Mechanization officer (7,944 Euro/year)
  12. Compost preparation and mushroom production chief
  13. Electric and Electronics Chief (responsible for Software) (7,800.71 Euro/year)
  14. Designer
  15. R&D manager (10,688.95 Euro/year)
  16. Chief of the Laboratory (6,591.11 Euro/year)

 

Total of the data above, 89,118.64 Euro per year for labor costs, however considering some of the data missing and the wages taken to account are avengers collected from different sources we can round the operations cost to 100,000.00 Euro yearly.

* The currency conversion rate taken to account is 1 Nigerian Naria is 0.0022 Euro which is the conversion rate of 12 April 12, 2021

Notes:

Breakdown of Hydroponic Production Costs

  • %3 Total shipping
  • %47 Total labor
  • %14 Total Input
  • %32 Seeds
  • %32 Grow media
  • %36 Nutrients
  • %36 Other