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Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? - Agriculture - Nairaland

Nairaland ForumNairaland GeneralAgricultureCocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? (8220 Views)

Poll: Which Do You Think Between Cocoa and Oil Palm Makes More Investment Sense In Nigeria Today

Cocoa Plantation Ownership 28% (2 votes)
Oil Palm Plantation Ownership 71% (5 votes)
This poll has ended

1 2 3 4 Reply (Go Down)

Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by WiseBizInvestor(op): 1:00pm On Mar 02
Cocoa vs Oil Palm: Which One Makes More Sense in Nigeria Today?

This debate comes up often.

Let’s compare objectively.

Cocoa

Pros:
• Strong export demand
• Long lifespan (40–70 years)
• High international market relevance

Cons:
• Longer wait to maturity
• Sensitive to poor maintenance

Oil Palm

Pros:
• Earlier harvest (2–3 years)
• Strong local consumption
• Multiple product streams (palm oil, kernel oil)

Cons:
• Requires consistent maintenance
• Price can fluctuate locally

Now let’s talk what truly determines profitability:

✔Seedling quality
✔Soil suitability
✔Proper spacing
✔Weed control
✔Harvest discipline
✔Security

Many failed plantations failed because of management, not crop choice.

Also, diversification is powerful.


Some investors combine:

✅Cocoa for export hedge
✅Oil palm for local liquidity

Agriculture is not gambling.

It is biological production with time cycles.
You can always reach out to us 0 8 0... 341 .13.. 771

The question is:

Are you thinking 2 years?
Or 20 years?


Which would you choose and why?
Let's have your response in the comment section below👇

Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by kelechi50: 1:30pm On Mar 02
Palm tree, rules because of its low maintenance cost. Unlike Cocoa that has high maintenance cost.
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by DeltaBachelor(m): 3:59pm On Mar 02
It is oil palm o. No long story abeg
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by Emempaul(m): 4:02pm On Mar 02
Palm tree rules ooo. Na monthly salary from fifth year
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by kaludestiny10(m): 4:02pm On Mar 02
I'm here to read comments and to learn from people's experiences.
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by Lanruze: 4:03pm On Mar 02
Please note that the price of Cocoa in the last 6 months has fallen with about 40%.

From $4k to $2.5k per tonne.
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by Chikarata2020(m): 4:03pm On Mar 02
Palm oil should be more profitable, west African countries don't make so much from cocoa. Bcs it requires a lot to process it into a finished product. Selling the raw Cocoa gives very little profit
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by Alusiizizi(m): 4:03pm On Mar 02
If you're strictly into legal business then palm oil is the king. If you don't mind getting your hands dirty(legally of course) then go for cocoa(use the plant to make some cocaine and hit big time).
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by Lungs: 4:05pm On Mar 02
kelechi50:
Palm tree, rules because of its low maintenance cost. Unlike Cocoa that has high maintenance cost.
Have you considered the cost of harvesting amongst the two ?
Many of you do not know the relevance of cocoa. Like someone rightly said up the price of a tone of cocoa is 💲
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by DoctorAyukebot(m): 4:09pm On Mar 02
I live in. Cameroon and as an entrepreneur I have ventured into both. Cocoa on the surface comes across as more lucrative. However side by side oil palm plantation is a more sustainable investment.

The profit of a cocoa venture depends on too many variables which for the most part aren't constant. From diseases infestation to fluctuating prices. Imagine prices dropping from an all time high of 10 dollars a kilo last year to 1 dollar a kilo this year
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by Jaylord12(m): 4:12pm On Mar 02
kelechi50:
Palm tree, rules because of its low maintenance cost. Unlike Cocoa that has high maintenance cost.
How can get land 4 palm tree plantation in Ogun state..
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by Btruth:
Both. But one has more international higher price tage than the other. I think after Cocoa is Cashew Nuts.
Quote me if I'm wrong
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by DoctorAyukebot(m): 4:14pm On Mar 02
Alusiizizi:
If you're strictly into legal business then palm oil is the king. If you don't mind getting your hands dirty(legally of course) then go for cocoa(use the plant to make some cocaine and hit big time).
To think you had a like for that.. 😂 Cocaine is produced from the Coca plant Erythroxylum coca and not the Cocoa plant Theobroma cacao from which chocolate is made
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by Btruth: 4:15pm On Mar 02
How many acres/hactare do you want? 🤔
Jaylord12:
How can get land 4 palm tree plantation in Ogun state..
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by Alusiizizi(m): 4:24pm On Mar 02
DoctorAyukebot:
To think you had a like for that.. 😂 Cocaine is produced from the Coca plant Erythroxylum coca and not the Cocoa plant Theobroma cacao from which chocolate is made
Thanks. I stand corrected.
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by Goonnik: 4:33pm On Mar 02
DeltaBachelor:
It is oil palm o. No long story abeg
no much talkkkkkkkkkkk
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by bestman09(m): 4:36pm On Mar 02
Palm oil is the best. It is easier to cultivate and you don't have to stress yourself on it. you can sell the nuts or process to palm oil easily and make your money
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by jman77(m): 4:38pm On Mar 02
E shock me too, the way NDLEA go use am shine no be here
DoctorAyukebot:
To think you had a like for that.. 😂 Cocaine is produced from the Coca plant Erythroxylum coca and not the Cocoa plant Theobroma cacao from which chocolate is made
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by nairalanda1(m): 4:40pm On Mar 02
Lanruze:
Please note that the price of Cocoa in the last 6 months has fallen with about 40%.

From $4k to $2.5k per tonne.
Yes, Ghana and Ivory coast have reduced prices of their cocoa even.
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by Nackzy: 4:40pm On Mar 02
Cocoa is international accepted than oil Palm
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by PeterObash(m): 4:42pm On Mar 02
My advice for you is, do both on the same land and thank me later. Both seedlings as different seasons of produce, so it requires more money to maintain them, since they both have different seasons of produce,you can use cocoa or oil palm produce to maintain one another.
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by Ofodirinwa: 4:43pm On Mar 02
palm oil and palm oil products have a huge export market though. Not as big as Cocoa but big enough to make anyone a millionaire if they play the game well.
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by Jaylord12(m): 4:46pm On Mar 02
Btruth:
How many acres/hactare do you want? 🤔
Is the place secure........?

Name of the area
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by Mariangeles(f): 4:51pm On Mar 02
There's always need for palm oil.

'nuff said!
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by georgeakins: 5:04pm On Mar 02
kelechi50:
Palm tree, rules because of its low maintenance cost. Unlike Cocoa that has high maintenance cost.
Nothing grows in the SE aside ugwu leaves.
The land is barren
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by karmaolu1(m): 5:05pm On Mar 02
😆😆 not just you bro. I follow for now
kaludestiny10:
I'm here to read comments and to learn from people's experiences.
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by Btruth: 5:33pm On Mar 02
Jaylord12:
Is the place secure........?

Name of the area
ijebu land if interested?
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by Jaylord12(m): 5:43pm On Mar 02
Btruth:
ijebu land if interested?
How can I contact you,sir we can start from there.
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by CaptainGo: 5:44pm On Mar 02
Emempaul:
Palm tree rules ooo. Na monthly salary from fifth year
Interesting!
One should seriously look into this
Re: Cocoa Vs Oil Palm: Which One Makes More Sense In Nigeria Today? by omartins(m): 5:51pm On Mar 02
Cocoa is prone to theft, from pre-harvest, harvesting, packing, transporting and sun drying.


Palm Tree is safer than Cocoa.
1 2 3 4 Reply

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