How Traders Make Money Selling Onions
Selling onions has proven lucrative for retailers who sell food crops in markets.
Daily Trust on Sunday spoke to some vendors in Abuja, whose investment in the onion business is paying off.
Mr. Nuru said he gets his bags of onions at N18,000 or N19,000 for the big ones while the medium size is N15,000 per bag. “The transport price to bring it from Mararaba to Utako market is 700 naira per bag,” he said.
“I can get between 10 and 20 small baskets per bag depending on the size of the onions. I sell in baskets and I can also sell in bags according to customer needs. A basket is N1,200. From one bag I earn 7,000 naira,” he said.
Malam Ega is also a food retailer in Utako market. “I get my own onions from Dei-dei. I get a bag of large size onion for N12,000 while the small size is N13,000. The small size is more expensive than the large size because the onions are usually many when it comes to small sizes and I sell my small basket for 1,000 naira.
Onion has many health benefits and its simplicity of cultivation makes it a profitable business for farmers. The crop is grown mainly in the states of Kano, Sokoto, Jigawa, Kaduna, Katsina, Bauchi, Borno, Plateau and Kebbi.
Onions also offer health benefits, such as reducing the risk of various types of cancer, improving mood, and maintaining healthy skin and hair.