₦airaland Forum

boluwajokosegun:
THE GOLDMINE IN PLANTAIN FARMING – Regular Sources of Income

Plantain and banana are widely cultivated in the southern and middle belt regions in
Nigeria. The annual local production outruns the demand. Being a highly perishable food
item, substantial quantities rot away in a short period after harvest.
When the rains start which signals the commencement of planting, the plantain
farmers plant at the same time. They harvest at the same period and flood the markets
with the product. After a short while, the product soon becomes scarce where much
rots away due to unavailable technology for conversion for a longer shelf life.
The solution is to process the fruits into a powdered form which can be packaged and
stored for a longer time without spoilage and wastage occurring. The natural flavors in the
powdered form can also be utilized in industrial food processing.
Foods and drinks such as cakes, ice creams, yoghurt and custard are flavored to enhance
their taste. The flavors are imported into Nigeria and are synthetic, therefore not as
good as the natural flavors in banana and plantain powder. The natural flavors can be
imparted into other foods.
There is a readymade market within and outside Nigeria for banana and plantain
powder. Nigerians in the diaspora, who are looking for businesses to do in Nigeria can
look into the aspect of setting up a suitable processing technology to convert banana
and plantain into powdered form. The benefits are many to the farmers and to the
economy.
When the planting season commences, at the start of the rain. The improved variety
sucker costs about N120.00 to N150.00 per sucker even from official sources. The
demand for the improved variety sucker is high.

Contact Gbenga: 08182355047 for improved variety sucker that produce double bunch,
send email to eesteeresources@gmail.com
To see pictures or it can be send to you on 08136650972 or whatsApp: 08182355047.


Investment Costing

STAGE 1: Cost of buying 1 acre of land N55,000 .
STAGE 2: Cost of using manual labour for land preparation at N15,000/acre
STAGE 3: Cost of buying 1,000 double bunch Plantain suckers @ N150 each is N150,000.
STAGE 4: Transportation of suckers to farm, estimated is N10,000
STAGE 5: Cost of Planting 1,000 suckers at N15 per stand is N15,000
STAGE 6: 1st -5th Weeding @ N30, 000.
STAGE 7: Purchase of Manure/Fertilizer, Transportation & Fertilizer Application @ N25,000.
STAGE 8: Security @ N50, 000/year.
STAGE 9: Management fee @ N50, 000/year

TOTAL= N350,000. + Miscellaneous 30,000 = N380,000
At harvest you will get 2,000 bunches, if you sell at give away price of N800 each, you will have N1.6Million and 3,000 New Suckers. By 2nd -3rd year this Plantain Farm may expand to 2 or 3 Acres if seed suckers and proceeds are reinvested. With a Projected Return On Investment ranging between N1Million and N4Million by 3rd year if expanded.

We also have 50 acres of land in Ikire just less than two hours from Ibadan, oyo state for sale with document very good for farming at N55k per acres. If you want we can manage the farm for you. There we manage farms for investors
If you are interested after paying we prepare a FREE BUSINESS PLAN for the business based on the number of acres you buy & invest on.
We are also working on companies who will buy all the produce at maturity. We are creating room for a business model that will create good market for the business.

DO YOU HAVE INTEREST & INVESTMENT CASH BUT NO TIME, THEN OUR COMPANY CAN SET UP THE FARM & ALSO MAINTAIN THE FARM OR MANAGE THE FARM WITH YOUR STAFF FOR A FEE. Anything you touch in agriculture is gold if you are ready to be patient.
Oh, wow! Agropreneurship does not mean one has to literally work on the farm, is this right ?
Not necessarily, in fact it applies to all business. What is great about entrepreneurs is their uncanny ability to see opportunities where others did not but most times entrepreneurs do not have the technical ability to make this opportunity into money. They usually have to hire the technical expert.

Money! Money!! Money!!! Seems to be what everybody seeks, unfortunately, not everyone knows the way of getting rich. Thus, the statement "THE RICH GET RICHER AND THE POOR GETS POORER" is true, not because the rich has money and the poor does not, but because of the inability of the poor to recognize opportunities each time they come around, what is the meaning of Poor? It’s simply P-Passing, O- Over, O-Opportunity, R-Repeatedly. So they stick to the old pattern of living & keeping on managing their way through life forgetting that the world is changing really fast from the industrial age into information Age.

roscoman:
Hello Everybody,

This is to inform anybody interested to buy different types brand NEW KOREA WRIST WATCH from Korea should just contact us immediately because our stock will soon arrive and it will be cash and carry first come first serve deal. It cost you token fee.

Waiting to hear from you guys soon.

No sample pics?

Contact
Exalt International Enterprises

08182707225

naruto02:
Hello, are u a student of nmmu pe?

LaRochelle:
I've been wanting to ask this for some time. I thought her name was "Lara". Why do Nairalanders keep spelling it as "Iara"? Is the first letter of her name "I" as in the ninth letter of the alphabet, or is it that people don't know they should use capital letters to start proper nouns?
Please, I need someone to tell me.

DaBullIT:
if she doesnt go to havard

who will??

onelife97:
I also shed tears on my wedding day.I really don't know why I was crying but u know what,I have been crying privately ever since.
Tears runnin down my cheeks as I type this.