A veritable area to invest in Nigeria and with long returns on investment is the palm plantation. The palm tree is economically viable as any product of palm tree makes money for the investor from the palm oil,palm kernel,palm wine,palm front and with lots of industrial bye products. Palm oil mill can be situated processing the product immediately. Tap from experience. Feasibility studies establishing is available for interested investors./07033097160.

To grow oil palms takes a lot of work.
Before planting your oil palms, you have to clear the forest and remove the tree stumps. Then it takes a lot of time to sow the cover crop, dig holes in the plantation, take the seedlings out of the nursery, carry them to the plantation and plant them.

It takes about four years for oil palms to produce fruits suitable for harvest. Each tree will then continue to produce fruit for up to 30 years, at which point they will have grown to around 40 feet tall.