Wednesday, December 4, 2013

PLANTAIN FARMING IN NIGERIA:The Best States For Plantain Plantation

The following Nigerian states have the best comparative advantage for plantain and banana farming:

Lagos, Ondo, Ogun, Oyo, Oshun, Ekiti, Edo, Delta, Cross River, Akwa Ibom, Imo, Bayelsa, Abia and Ebonyi.

The domestic uses of plantain are:
Fried slices (dodo) and  plantain chips
The industrial uses are plantain flour/bread, cake/pancake,baby foods,wine,beer,dried flakes,biscuits and cookies.

If you need land for agriculture, government land is available for lease all over Nigeria. The lands are managed by the various River Basin Development Authorities across Nigeria. 

For the lands managed by the Ogun-Oshun River Basin Authority, which covers Lagos, Ogun, Oshun and Oyo States, they have offices in those states where you can go to pay as low as N2500.00 per acre of land per year.

One of the blog followers who got the plantain reports and income & profitability forecasts on this blog has this to say:

''Good day to you sir, The Plantain Farming report contents was very helpful and the cash-flow forecast was very good too.''
Email: jadenuga@yahoo.com

They are:


1)    A short report titled ‘How to Set Up and Manage a Profitable Plantain Farm in Nigeria’. This is a guide to operations on the farm from day 1 to harvest.

2)    Plantain Farming Income Analysis showing:
a)    The Expenditure Pattern (Excel format) for the first two years in business.

b)    The Income and Profit analysis (Excel Format) for the first two years in business based on three conservative sales prices and seven realizable yield rates from 60% to 90%.

The cost is a token N2500.00.
Pay to First Bank Nigeria Account 3008421165 (ayodele adegbulugbe) and send payment details + email address to +2348035978352,and the two reports in soft copies will be delivered to your mailbox.

The plantation reports on this blog contain the plantain farming operation analysis, the income, cash flow and expenditure analysis for the first two years, the challenges in the business and how to overcome them, and the right sources to get the right type of plantain suckers.

John Ayodele
www.johnayodele.wordpress.com
www.plantainrichesnigeria.blogspot.com
www.cassavarichesnigeria.blogspot.com

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