₦airaland Forum

THE REAL ISSUES WITH OIL PALM FARMING IN NIGERIA BY KKFARMS

Between 2014 and 2015 the oil palm farming industry as continue to attracts the attention of Nigerians who wants to invest in setting up oil palm plantation .The recent hike in the prices of oil palm value added product as shift the attention of nigerians both home and abroad to invest in this precious crop but at KKFARMS we don't advise our partners to invest in a particular crop because of the present value it commands in terms of price but we do so making them to understand the future benefit and guarantee returns of investment such crop commands if done the right way .Apparently the recent hike in the prices of oil palm value chain of product is only due to the scarcity of the product and in the mean time the price will fall when supply of palm oil and it's value chain of product exceeds demand which shall be attributed to commercial harvest that will start by March till May 2025 .

Oil palm plantation farming is a long term plantation business that will test your patience as a newbie farmer or investor because for you to make any TANGIBLE harvest it will take you 5 years of hard work and financial investment .I understand that your palm tree may start to bear fruits in year 3 but whatever you are harvesting during this stage of the plant development is insignificant in terms of yield hence commercial harvesting takes more than 4 years and at this time the farm owner can start to prepare to procure equipment to add value to their harvest .

At KKFARMS we strongly advocate that people should not invest in oil palm farming because of the recent increase in the price of oil palm value chain of product and do not invest because someone said you start making returns on investment in year 3. The real issues with oil palm farming are less talk about by new investors and their oil palm project managers and for this reason I see imminent challenges that could pose very serious business risk as people continue to buy lands to set up their oil palm plantation farms without attending to the real issues affecting oil palm farming in Nigeria .

The real issues with oil palm farming in Nigeria are numerous and ranges from acquisition of farmlands ,seedlings procurement and other farm input and general management of the farm .Ask yourself as a newbie farmer if you can afford to buy NIFOR seedlings at the rate of 2,500 naira per one ,I know majority of you are not ready for this and the seedlings being advertised to you online and sold at the rate of 500 naira are you sure is the right tenera plant you should put your money into and are you even aware that we have first generation of hybrid tenera F1 and second generation of tenera F2 ? Out of ignorance and seeking for cheap seedlings some investors may even land themselves into buying F2 or F3 tenera .The minimum seedlings requirement per acre are 60 plant and at NIFOR rate of 2500 per seedlings you will require 150,000 naira to plant an acre and as newbie farmer you are looking at starting your farm with 10 to 20 acres ,as far as seedlings is concern you can see that oil palm farming is very capital intensive so what other alternative do you have to source your seedlings without compromising the quality should be the real issue in oil palm farming in Nigeria .

Another real issue in oil palm farming is who you want to employ to set up your farm and manage it or do you just want to set up an oil palm farm and continue to manage the farm depending on internet informations?.Oil palm farming require you to be hands-on and as a result of this you will need to employ the services of an experience farmer or technical know- how who will not only set up your farm but will continue to manage it year in year out .

There are a lot of issues with oil palm farming that we may not be able to discuss and proffer solution on this page .Issues such as at what time you should not plant your palm trees to avoid high mortalities during dry season like this and issues such as how to prepare your farm against fire out break that is presently happening in some few farms during dry season like this .what about issues related to farmland acquisition in Nigeria ?

My candid advise to every new farmer is to look beyond the present value this industry command and look beyond making money in 3 to 4 years terms .Try to ask questions from reliable farmer and focus on the long term sustainable development of your farm by finding solutions to the real issues affecting oil palm farming in Nigeria .

Do not also forget that KKFARMS is an oil palm farming entity with years of experience .Our projects farms span across many south west states like Ogun,Osun and and Oyo state and we also have oil palm and cashew project farms in Kwara state .Our team of plantation farm managers are always ready to work with you .

Our team can also partner with you to secure farmlands in Osun at the rate of 120k per acre and 300k per acre in ijebu igbo

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Secure farmlands in Ìjẹ̀bú-Igbó ké? Hope no be some of my family lands be that? Make i call Olórí Ẹbí now to confirm