osca234: @ Mangam is that the Tenera specie, does it take upto 40 days to germinate?

MANGAM: Hi guys I ve about 1000 kernels which I picked myself, watched the video on how to germinate palm seeds on youtube and after 70days I ve this result

PapaBrowne: This thread has been an immensely great inspiration to me. My personal opinion is that this might be the most educative thread on Nairaland. I learned a lot here which has inspired me to start something in this line.

One of my biggest lessons here is that long term Agriculture is tedious, risky and very capital intensive with so many pitfalls either stirring you in the face or hiding away, waiting to hit at you on the slightest opportunity. However, it is not only extremely rewarding eventually, it has the potential to secure your future way into your old age if done properly. And also, it is more lucrative than almost all other forms of investment.
I did the calculations of farming Oil Palm vs Real Estate vs Stocks vs Bonds vs Fixed Deposit vs a whole lot other investment types and I found that Oil Palm plantation is not only lucrative, it actually gives you far better returns and for a much longer period than any other investments.
However, it is not something I am willing to go alone on. I currently have 8 hectares of land, but I have a different idea on how to go about this.
I call it Value Chain Strategy. Add value and you'll earn ten times over vs raw materials




To cut my speech short, let me go straight to the outcome of my inspiration. This thread has inspired me to set up a cooperative called THE TENERA COOP which would seek to CONNECT like minds, COLLABORATE as a team and CREATE some outstanding products derivable from PALM OIL.
The goal is to engage in the entire value chain of Oil Palm. Not only would we own oil palm plantations(running in hundreds of hectares), we would engage in adding high value to everything oil palm. From packaging of Palm oil to production of Animal Feed to Soap Production to Margarine and a host of other multiple derivables of Oil Palm.



Now, I have started work on the easiest part. PACKAGING PALM OIL.
95% of all Palm Oil consumed in Nigeria is sold retail in disused drinking water bottles with no brand attachment nor any form of identification. I did the calculations and found that this market(Cooking Palm oil) is worth over 100 billion Naira annually. And yet none of the big companies are packaging this stuff. Biiiiiig Opportunity. Massssssive!! Remember the days before pure/bottled water? Drinking water was sold in non branded sachets. Like seriously, why is no one packaging Palm oil properly? Afterall, vegetable oil is well packed.


Anyways, I am taking advantage of this stuff. And I have started serious work on it. From my little calculations, the potential income is in tens of millions monthly. Yes, I said tens of millions monthly. It is huge because it's a blue ocean. No other parties so I determine my prices plus the high quality packaging makes the product stand out.

From packaging palm oil, we would use the profits to develop large hectares of Palm Plantations and afterwards we would develop other by products from Palm oil.

[size=13pt]Below is a picture of what I am working on. From time to time as my work progresses I'll update the thread.[/size]

MANGAM: Nice one@papabrowne and I onced advocatd for something like all of us coming 2gether to discuss issues dat affects us all and coming up wit an association which wil help in d acquicusition of loan and other farm implements. Furthermore,on dis thread some1 came up wit d idea we come up wit a common oil palm farm. Good thinking good product @papabrowne

felixzo1: mangam where have you been? how are things going with you

okine4real: I think if you add or talk about coconut here, its would only complicate maters, already oil palm plantation is complicated. Why not just open a thread and direct us to the link so we can also comment of it.

Regards

MANGAM: Nice one@papabrowne and I onced advocatd for something like all of us coming 2gether to discuss issues dat affects us all and coming up wit an association which wil help in d acquicusition of loan and other farm implements. Furthermore,on dis thread some1 came up wit d idea we come up wit a common oil palm farm. Good thinking good product @papabrowne

Humanbeans:

This is another great thread in the making. @papabrowne, why not create another thread for this, so we won't derail this other thread. I'm so interested in it

PapaBrowne: ^^^^
Any ideas how to go about that?

Obummalachy: Hi people am malachy am into animal production, farm management and supply of farm inputs i have been following this forum for long now and you guys are really wonderful, i have some ideas to add in: what mangam said on the control of bush burning/wild fire outbreak is right clearing bush few metres say 2-3metres away for farmers in the northern region, 1-2metres for farmers in the east, west and southern region respectively, After that you lay pipes "like irrigation pipes" around your farm land use thesame distance used for bush clearing left and right. This really works. On the issue of starting a palm plantation its very important for you to include processing cause that is the only way you can make reasonable gain from the business by so doing you control/determine the market and price not depending on other processing firm or whole salers/retailers who wil kill the business for you. Also palm plantation is not a sole-proprietorship business is a co-oparative business cause its involves a lot of risk taking and you need people to share the risks with. Someone earlier suggested on forming a co-oparative that's a wonderful idea which wil even attract bigger funding.