This is the 5th post on this highly acclaimed,informative plantain blog set up to educate Nigerians about the potentials in plantain farming business for wealth creation. If you are one of those Nigerians, foolishly roaming the streets for non-existing white collar jobs,put on your thinking cap and stay glued to all the posts on this blog.
Plantain farming is a profitable venture in Nigeria, where the land is fertile for its cultivation and there exists a large market to absorb the produce. The market is far from saturation and more farmers can come in and set up farms at any scale: micro, small or large.
If you do the financial analysis, you can make 400% returns if the farm is operated in excellent conditions. There are challenges that can hinder you from making the 400% returns. The plantain reports on this blog been updated with the challenges and how to address them. What makes excellent conditions is also in the reports.
Now that you
know how to access government agricultural lands all over the federation, go
ahead and pay as little as N2500.00 to lease an acre of land per year, at the
River Basin Authority’s offices covering your state. Ensure that they have
irrigation facilities to water the plants during the dry seasons. This is
important and you may not just assume.
Normally, a
River Basin must have irrigation facilities. But some may not have functional
irrigation facilities. Or their facilities may be inadequate to water all the farms in its jurisdiction.
If you are planning a large farm, you may have to set up your own irrigation facilities to provide water for the plants during the dry season. In the next post, I am discussing the issue of suckers for planting. If you need suckers for planting, there are suckers everywhere for sale. But buy from the right sources.
For your information, other River Basin Development Authorities in Nigeria include:
If you are planning a large farm, you may have to set up your own irrigation facilities to provide water for the plants during the dry season. In the next post, I am discussing the issue of suckers for planting. If you need suckers for planting, there are suckers everywhere for sale. But buy from the right sources.
For your information, other River Basin Development Authorities in Nigeria include:
Anambra-Imo RBDA
Benin-Owena RBDA
Cross River Basin Rural Development Authority
Chad Basin Rural Development Authority
Hadejia-Jamaare Rural Development Authority
Lower Benue River Rural Development Authority
Niger Delta Basin and Rural Development Authority
Sokoto-Rima River and Rural Development Authority
Upper Benue River Basin Rural Development Authority
Upper Niger River Basin and Rural Development Authority
Lower Niger River Basin and Rural Development Authority
If you need land leasing for farming, search for their offices and contact them.
John Ayodele
Phone: 2348035978352
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