Ade3000yrs:
Capital Expenditure and Cost Analysis For Plantain Plantation of 10,040 Hybrid Suckers on a 10 Hectares of Land In Nigeria.

Considering an ideal spacing capacity of 1004 Suckers of plantain on an hectare. This cost analysis is focused on 10 Hectares.

Ade3000yrs:
Capital Expenditure and Cost Analysis For Plantain Plantation of 10,040 Hybrid Suckers on a 10 Hectares of Land In Nigeria.

Considering an ideal spacing capacity of 1004 Suckers of plantain on an hectare. This cost analysis is focused on 10 Hectares.
Given: An hectare to be = 2½ Acres,
and an Acre to be = 6 plots of standard 60ft X 120ft; and an hectare = 15 plots. Therefore 15 plots X 10 Hectares = 150 plots.
therefore, 10 Hectares = 25 Acres = 150 plots.
Here is the total expenditure and cost breakdown.
1. Land: #1.5 million naira at #150,000 Naira per hectare.
2. Land Preparation: #250,000 Naira
3. Hybrid Suckers of IITA standard (10,040): #1,004,000 Naira at #100 per sucker.
4. Planting: #100,000 Naira.
5. Herbicides: #250,000 Naira.
6. Employment of farm hands: #240,000 Naira,
7. Procurement of
fertilizers: #100,000 Naira.
8. Miscellaneous Expenses, T fare, farm tools & Wheel barrow: #100,000 Naira
9. Pre investment expenses: #100,000 Naira
10. Borehole or Irrigation: #500,000 Naira.
Total expenses if the Land were bought= #4,044,000 million.
RETURN ON INVESTMENT:
If its on a rented land at the cost of #50,000 naira for 10 hectares per year, it would be= #2,594,000 Naira. Considering that plantain fruits every 3 to 4 months, you can harvest at least 3 times a year from a tree. if a stick is sold at #800 Naira, then 10,040 x 800= #8,032,000 x 3 = #24,096,000 Naira.
therefore, Return on investment = #24,096,000 - #4,044,000 = #20,052,000 annually. Alternatively, if a stick is sold at #500 Naira, then 10,040 suckers x 500 sticks= #5,020,000 x 3 = #15,060,000 Naira
therefore, Return on Investment = #15,060,000 - #4,044,000 = #11,016,000 Naira.
Wish you all success in your ventures.

Office address- ZionJoe Ventures, Olutoye Shopping Complex, Opp Royal Spring Hotel, Oshogbo Osun State
Telephone 09099176956, 08141208884, 08169220895 and Ondo office: DOT SDC & Co, Plot 7 Olukayode Housing Estate, Agric Bus stop, Ondo Road: Mr Abiodun Lawal 08180499192

Farm lands available for sale in Osun at 150k per Acre and Virgin farmland in Oyo at 150k per Hectare.
Also hectares of land available for rent at #5,000 naira per year in Oyo and Osun.
We also stock all your needed farming chemicals, seedlings and supplies at wholesale price directly from the companies.
We also stock fish feed, Poultry feed, Snail feed, Dog feed and Rabbit feed. We deliver our services nation wide And also help to Set up Earthen and Concrete Fish Pond, Poultry farm, Snail farm structure you can reach us via our contacts.
Our Services cut across Laboratory Services, Feed Ingredients Sales, Human Nutrition and Health (Vitamins and Minerals Mixture Division), Livestock Agro & Consultancy Services, Feasibility report writing, Farm management in all areas of agriculture, Farm Audit, Admin and Marketing, Entrepreneurship Coaching On Start Up Business in the Areas of Agriculture, Farm Supplies, Chemicals and Seedlings, Travel Services IATA approved, and Importation of Industrial and Processing Machines.

We believe that Success is about partnership & integrity protection. With our team of experienced expert professionals to include agriculture experts, engineers, accountant, auditors, and lawyers. We also help to procure land to site your farm, help you set it up, farm produce marketing and also help to recruit ideal farm management staff only on request and also proffer farm training solutions, we also help you with the Corporate Affairs Commission (C.A.C) registration and Federal Inland Revenue Matters to ensure all your papers are updated to include your account books and Tax matters without harassment from government agencies. we have our offices in Osun, Ondo and Affiliates in Lagos with more prospect of expansion for presence in other states. We are ready to render our services to any state of your choice. We welcome healthy partnership as much as we enjoy a handful of referrals therefore protecting our good name and integrity is our top priority. www.greenharrisburg..co.ke

Ade3000yrs:

Land Preparation: #250,000 Naira

Idowu2828:
I pity people that fall victims, why would u be talking about plantain farming without Irrigation? Beware!!! These people are just looking for means to sell suckers nothing more.

world1:

@idowu. This guy got no suckers to sell, his just looking for what to eat. He knows nothing can you imagine him saying total setup for 25 acres of plantain including land, borehole and irrigation is N4,044,000 meaning you need just N161,760 per acre. Na beans, you need more than that to do cucumber per acre.

world1:

@idowu. This guy got no suckers to sell, his just looking for what to eat. He knows nothing can you imagine him saying total setup for 25 acres of plantain including land, borehole and irrigation is N4,044,000 meaning you need just N161,760 per acre. Na beans, you need more than that to do cucumber per acre.

Idowu2828:
Boss no be lie, b4 u think of going to farming, talk about Irrigation 1st or else u are joker of time wasting and Capital.

world1:

@idowu. This guy got no suckers to sell, his just looking for what to eat. He knows nothing can you imagine him saying total setup for 25 acres of plantain including land, borehole and irrigation is N4,044,000 meaning you need just N161,760 per acre. Na beans, you need more than that to do cucumber per acre.

TheUnbeatable:

@Op:

Please, don't put yourself in trouble with this calculation.

If an investor puts money in this, you will be discredited and run into debt.

Please, check your post again.

God bless your work,

Sincerely,

michodemic:


Please the guy made one interesting point I don't know before now. Can one plantain plant produce more than ones? Is that true? Thanks.

Idowu2828:
I pity people that fall victims, why would u be talking about plantain farming without Irrigation? Beware!!! These people are just looking for means to sell suckers nothing more.

Idowu2828:
I pity people that fall victims, why would u be talking about plantain farming without Irrigation? Beware!!! These people are just looking for means to sell suckers nothing more.

Idowu2828:
I pity people that fall victims, why would u be talking about plantain farming without Irrigation? Beware!!! These people are just looking for means to sell suckers nothing more.

phyllosilicate:

Plantain can be planted in southern Nigeria without irrigation provided it gets at least 3 to 4 months of rainfall before the dry season.

The op seems to know little or nothing about Plantain farming. The first thing that came to my mind was the question word1 asked - what spacing? Planting 10,040 suckers in 10ha is planting with a spacing of 5m by 2m. The op is seriously not serious.

world1:


Good morning Dear Nairalanders,
Its so unfortunate that we still have information marketers trying to post on agriculture section of this forum. Please if you are intrested in commercial plantain cultivation with best agronomy procedure you will spend between N300,000- N450,000 excluding land depending on your location.

Idowu2828:
I pity people that fall victims, why would u be talking about plantain farming without Irrigation? Beware!!! These people are just looking for means to sell suckers nothing more.

invinzible1:
This guy is a scam, his full name is adewale kelvin he has been posting fake and untruthful information check all his post you would see what I'm talking about. Adewale kelvin is fake and a scammer. Mod should please do the needful

Ade3000yrs:
I have nothing to say to you. I leave u to Nairalanders to do the needful with inciting and cantankerous elements like u. Look at all your Nairaland post and compare to mine. Guy u bluff and fumble too much. U hv to realy man up, because what I do is what real man do.

Ade3000yrs:
I neva had intention to reply u because u dont deserve my audience, but hv bn getting too much pressure to reply ur post lately, u hv just shot urslf in d leg and hv spilled urslf for ur follows to see the stuff u are made of as just empty loaf. blv me, you are only online to suck Nairalanders dry. My presence and activity online get u agitated and infuriated because am spoiling ur business. This is an evidence that u just stumble on Agriculture by accident and as an escape plan from poverty. If its a lie, pls do mk it clear on d this thread. My advice for u is this, go back to elementary school.
U are highly unfit for my audience and this is evidence enough that u know nothing about agriculture. If u are confused where u got it wrong, go back and read my post again. Compare all my post with all the junks u post on Nairaland long before i came on this platform and tell for urslf between you and I who has been milking people out of their hard earned penny. Check out most of my write up are product of painstaking research which I do for free to better people's life at zero(0) cost, unlike u that wants to monetize everything and sell of Nigeria if you have the grace. I do most of my online post when millions of Nairalanders and gays like u are asleep. Believe me u are 100% blatant fake. "U b wash," Ur vision is quite diferent from mine. U are still 3,000yrs behind me, and if u continue like this my history will always be your dream while I am always 3,000yrs ahead of u. We want to build Nigeria to a greater Nation with a collective effort of proud citizens and as a proud jewel on the face of Africa unlike what ur doing.
When was the last time, you ever did anything for free for people or render free consultation without asking for a kobo D only tin u come online to do is to tell pple to buy, buy, buy and pay for seminar here and there and yet u offer crap. I blv ur just infurriated that am doing better than u out of inferiority complex. People call me from diferent part of the world and different part of Nigeria for consultation and venture that will yield results while people like u wallow here in your mediocrity and obscure psyche.
Blv me u hv bn practicing agriculture the blind way for a very long time. I only pity those ur long chain of tailing followers on Nairaland. I want to believe u are from Lilongwe somewhere in Malawi. If u want to grow and do better, learn from people who are doing better because u are just an empty air of noise with pilfering decibels. Do u think all my good work and commendations is just a juju conjuring or abracadabra by chance or out of the blues? You are missing something big!!! You need a good mentor. Good effort equate good reward; I do good job for people and they pay me for it and whatever I earn I show contentment in my reward for good labour. Why and how many activity conflict with yours, I realy dont understand, infact for this reason I will sell hybrid suckers for #80 for u to be worse pained. When d cats away, d cat will play, if u want to learn travel out of the country for once wt ur eyes open when u do and u will acknowledge that u know Zero!!!!!! if u want to express your grievance u can visit my office if u want to see me in person. In one hand I carry an Olive tree and in the other a big stick. pick ur opponent carefully except u hv money to waste in the court of law. No matter who u know and d connection u hv in this our Obodo Nigeria, b it a Royal Father, General, Chief Justice, AIG, I will make the process exhaustive and sweaty for u until ur dry and until u find bone in ur egg. I leave ur matta for Mattias and for Nairalanders to Judge ur ineptitude. The voice of d people is d voice of God. Guy upgrade and stop living in your 3rd world state of mind that u call world1

michodemic:


Please the guy made one interesting point I don't know before now. Can one plantain plant produce more than ones? Is that true? Thanks.

world1:


Good morning Dear Nairalanders,
Its so unfortunate that we still have information marketers trying to post on agriculture section of this forum. Please if you are intrested in commercial plantain cultivation with best agronomy procedure you will spend between N300,000- N450,000 excluding land depending on your location.

globatop:
@op: what's the specie of ur plantain that fruits in 3 to 4months, do u have the suckers and proof, am interested.

world1:


Good morning Dear Nairalanders,
Its so unfortunate that we still have information marketers trying to post on agriculture section of this forum. Please if you are intrested in commercial plantain cultivation with best agronomy procedure you will spend between N300,000- N450,000 excluding land depending on your location.

Ade3000yrs:
Capital Expenditure and Cost Analysis For Plantain Plantation of 10,040 Hybrid Suckers on a 10 Hectares of Land In Nigeria.

Considering an ideal spacing capacity of 1004 Suckers of plantain on an hectare. This cost analysis is focused on 10 Hectares.
Given: An hectare to be = 2½ Acres,
and an Acre to be = 6 plots of standard 60ft X 120ft; and an hectare = 15 plots. Therefore 15 plots X 10 Hectares = 150 plots.
therefore, 10 Hectares = 25 Acres = 150 plots.
Here is the total expenditure and cost breakdown.
1. Land: #1.5 million naira at #150,000 Naira per hectare.
2. Land Preparation: #250,000 Naira
3. Hybrid Suckers of IITA standard (10,040): #1,004,000 Naira at #100 per sucker.
4. Planting: #100,000 Naira.
5. Herbicides: #250,000 Naira.
6. Employment of farm hands: #240,000 Naira,
7. Procurement of
fertilizers: #100,000 Naira.
8. Miscellaneous Expenses, T fare, farm tools & Wheel barrow: #100,000 Naira
9. Pre investment expenses: #100,000 Naira
10. Borehole or Irrigation: #500,000 Naira.
Total expenses if the Land were bought= #4,044,000 million.
RETURN ON INVESTMENT:
If its on a rented land at the cost of #50,000 naira for 10 hectares per year, it would be= #2,594,000 Naira. Considering that plantain fruits every 3 to 4 months, you can harvest at least 3 times a year from a tree. if a stick is sold at #800 Naira, then 10,040 x 800= #8,032,000 x 3 = #24,096,000 Naira.
therefore, Return on investment = #24,096,000 - #4,044,000 = #20,052,000 annually. Alternatively, if a stick is sold at #500 Naira, then 10,040 suckers x 500 sticks= #5,020,000 x 3 = #15,060,000 Naira
therefore, Return on Investment = #15,060,000 - #4,044,000 = #11,016,000 Naira.
Am sure there will be criticism, but all your points and criticisms are very much welcomed perhaps am spoiling the business for some wolves because I did not put #1,000,000 or #500,000 naira for consultation as some wolves in Nigeria will do only for their stomach and pocket.
You may sell your suckers for #200 naira if you chose to and I may sell for #80 naira if I chose to.
Well am sorry for alot of wolves like you out there cos its for this reason the country is not progressing and thriving businesses die. I know you wolves are out here on Nairaland looking for unsuspecting prey but don't be surprise if u find a lion. Just like we have cages for dogs, the prison is meant for criminals. I believe some people mistake my leniency and silence for a fool but don't be surprise to find out the opposite. The prison is hungry and it is built for those who flaw civic and constitutional law. I implore u to inquire into details the limit of your freedom of speech. "I no know" or "Abeg" don't exist in the court of law. If you are a wolf and want to stay out of prison, stay far from me and my ventures. I know the vultures are circling whenever and wherever you find the crucifix. I am a Christian but am not Jesus Christ, Steven or Apostle Paul (Saul the son of Tarsus the Butcher). I don't believe in mercy for an erring fellow nor give my audience to an individual with obscure ideology. I believe in an eye for an eye so be careful when you spill your bean pod at me. It doesn't matter weather u disclose ur identity here or not, but I must tell my antagonist that "No man is above the law" as long as you use a mobile phone you can be tracked down by the law enforcement agencies. Be wise and constructive in your speech and criticism. If you want forgiveness, go to the Church or wait till you get to heaven. If you ask me questions and I don't answer you, you should use your tongue to count your teeth and ask yourself whether you are a fool or not.
If you want to maime or nail me with your questions, pls be more honorable to drop your full contact details if you realy have the guts, after all, my address is visible for all to see.
If anyone believes I have scammed him or her at any time, pls kindly provide documenented evidence on this forum for all to see or better still report me to the law enforcement agent with proof.
Its either your part of the world's problem or part of the solution. Once again, I admit that I am spoiling the business for some wolves for the benefit of a larger audience and populace. If you feel aggrieved or rivaled, then am sorry for you! Homo homini Lupus!! Man is a wolf to his fellow man!
Wish you all success in your ventures.

Office address- ZionJoe Ventures, Olutoye Shopping Complex, Opp Royal Spring Hotel, Oshogbo Osun State
Telephone 09099176956, 08169220895 and Ondo office: DOT SDC & Co, Plot 7 Olukayode Housing Estate, Agric Bus stop, Ondo Road: Mr Abiodun Lawal 08180499192

Farm lands available for sale in Osun at 150k per Acre and Virgin farmland in Oyo at 150k per Hectare.
Also hectares of land available for rent at #5,000 naira per year in Oyo and Osun.
We also stock all your needed farming chemicals, seedlings and supplies at wholesale price directly from the companies.
We also stock fish feed, Poultry feed, Snail feed, Dog feed and Rabbit feed. We deliver our services nation wide And also help to Set up Earthen and Concrete Fish Pond, Poultry farm, Snail farm structure you can reach us via our contacts.
Our Services cut across Laboratory Services, Feed Ingredients Sales, Human Nutrition and Health (Vitamins and Minerals Mixture Division), Livestock Agro & Consultancy Services, Feasibility report writing, Farm management in all areas of agriculture, Farm Audit, Admin and Marketing, Entrepreneurship Coaching On Start Up Business in the Areas of Agriculture, Farm Supplies, Chemicals and Seedlings, Travel Services IATA approved, and Importation of Industrial and Processing Machines.

We believe that Success is about partnership & integrity protection. With our team of experienced expert professionals to include agriculture experts, engineers, accountant, auditors, and lawyers. We also help to procure land to site your farm, help you set it up, farm produce marketing and also help to recruit ideal farm management staff only on request and also proffer farm training solutions, we also help you with the Corporate Affairs Commission (C.A.C) registration and Federal Inland Revenue Matters to ensure all your papers are updated to include your account books and Tax matters without harassment from government agencies. we have our offices in Osun, Ondo and Affiliates in Lagos with more prospect of expansion for presence in other states. We are ready to render our services to any state of your choice. We welcome healthy partnership as much as we enjoy a handful of referrals therefore protecting our good name and integrity is our top priority. www.greenharrisburg..co.ke

world1:


My question No 1:- What is ideal spacing?

Ade3000yrs:
I have nothing to say to you. I leave u to Nairalanders to do the needful with inciting and cantankerous elements like u. Look at all your Nairaland post and compare to mine. Guy u bluff and fumble too much. U hv to realy man up, because what I do is what real man do.