Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,165,794 members, 7,862,630 topics. Date: Sunday, 16 June 2024 at 09:25 PM

Plantain Farming Business:the Money Making Machine With 25years Span - Agriculture (7) - Nairaland

Nairaland Forum / Nairaland / General / Agriculture / Plantain Farming Business:the Money Making Machine With 25years Span (28687 Views)

Hidden Truths About Plantain Farming Business / The Goldmine In Plantain Farming – Regular Sources Of Income / Starting A Plantain Farming. (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (8) (Reply) (Go Down)

Re: Plantain Farming Business:the Money Making Machine With 25years Span by Kollybrightu(m): 9:17am On Nov 13, 2014
Lesgupnigeria:

Good.2 acres are good for a start but dont remain at that level.Keep expanding as you make more profit from your farm.
If you are commited and focused, I believe in the next few years,you will look up to the sky and thank God and me.

NOTE:That Your market to serve may not probably be the plantain processing markets but the local market.
Always connect with my articles where i will be discussing how you can rid of the market women that buys produce at ridiculous price and beat the market to make more money.
. Thanks, i am expecting marketing stuff, my harvesting will start by next year.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Lesgupnigeria(m): 5:34pm On Nov 13, 2014
Kollybrightu:
. Thanks, i am expecting marketing stuff, my harvesting will start by next year.
Ok.Good.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Lesgupnigeria(m): 1:26pm On Nov 15, 2014
bawelat:
pls what will it cost me to set up an hecter of plantain farm from scracth to havest including all hidden cost.thanks
Call me on 08164628081,08092034147 or email yusuffgbenga@gmail.com
Cost of production differs from location to location.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Agbe4Life(m): 2:27pm On Nov 15, 2014
I thank you for your time in giving us these info, but i believe you left out alot. Of info. Take for example spacing between suckers during planting.
Locatin of the land you advertised.
Cost of transpotation of harvested. Bunches to place of sale nearest to land location.
Preventio of the major enemies of plantain plantations. (Thieves and wind)
Is there any need to apply fertilizer and if yes which is better ( organic or .....)

Hoping to get response from you on these asap. Thank you.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Lesgupnigeria(m): 7:19am On Nov 16, 2014
Agbe4Life:
I thank you for your time in giving us these info, but i believe you left out alot. Of info. Take for example spacing between suckers during planting.
Locatin of the land you advertised.
Cost of transpotation of harvested. Bunches to place of sale nearest to land location.
Preventio of the major enemies of plantain plantations. (Thieves and wind)
Is there any need to apply fertilizer and if yes which is better ( organic or .....)

Hoping to get response from you on these asap. Thank you.

Number of acres planted will depend on the cost of transportation,spacing can be 2.5m*2.5m or 3m*3m.
Location is ogbomoso,oyo state.
Security are stationed on the farm to prevent theft.
With the right spacing, proper application of organic fertilizer,proper management, plantain will withstand any wind.

I prefer organic fertiliser to inorganic.They enable faster growth,good yield and plant can withstand wind and diseases.

For.more info,you can.contact me.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by FarmTech(m): 7:47pm On Nov 16, 2014
Lesgupnigeria:

Good.2 acres are good for a start but dont remain at that level.Keep expanding as you make more profit from your farm.
If you are commited and focused, I believe in the next few years,you will look up to the sky and thank God and me.

NOTE:That Your market to serve may not probably be the plantain processing markets but the local market.
Always connect with my articles where i will be discussing how you can rid of the market women that buys produce at ridiculous price and beat the market to make more money.
..
These market women self, catfish farmers will also complain about them.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Kollybrightu(m): 11:14am On Nov 17, 2014
FarmTech:

..
These market women self, catfish farmers will also complain about them.
pls can shield more light on organic and inorganic fertilzer. The meaning.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by bawelat: 12:14pm On Nov 17, 2014
Lesgupnigeria:

Call me on 08164628081,08092034147 or email yusuffgbenga@gmail.com
Cost of production differs from location to location.
i av sent u an email pls.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Lesgupnigeria(m): 6:51pm On Nov 17, 2014
bawelat:
i av sent u an email pls.
You can check your email box.
I have reply you.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by bawelat: 1:51pm On Nov 18, 2014
Lesgupnigeria:

You can check your email box.
I have reply you.
thanks i av seen it will contact u soon.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Lesgupnigeria(m): 9:54pm On Nov 18, 2014
bawelat:
thanks i av seen it will contact u soon.
You are welcome.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Lesgupnigeria(m): 1:38pm On Nov 19, 2014
Kollybrightu:
pls can shield more light on organic and inorganic fertilzer. The meaning.

Organic fertilisers are poultry manure,cow dungs
inorganic are artificially manufactured and can be in pellet form or in liquid form.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Lesgupnigeria(m): 8:28pm On Nov 19, 2014
Agriculture is the future of the country,
whoever does not join the train now will
be left behind.......Paul Gbededo
Group Managing Director (Flour mills of
Nigeria Plc)
Unfortunately, the future is here and now.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Lesgupnigeria(m): 8:09am On Nov 21, 2014
Great ways to make good cash flow.is to start plantain farm.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by bamiwale: 5:08pm On Nov 21, 2014
Agric is the new goldmine.

Do you need land for farming around Ibadan?
Call me on 07032179911

Or follow this thread:

https://www.nairaland.com/1980407/acres-farmland-available-sale-ibadan#27703172
Re: Plantain Farming Business:the Money Making Machine With 25years Span by teejayone40: 9:51pm On Nov 21, 2014
horlasunkanmi:
Hello peepz, I have the opportunity to acquire 5hectares of land from the state of osun agricultural development roject,andwe are allowed to plant maily plantain and cocoa on the land,but the project seems unaffordable for me alone,which made me abandoned the land for quite some times now,so I'm using this medium to inform any serious minded,faithful and preferably muslim,that can partner with me on that project,the person must be willing to contribute up to 150k for the project cos we'll need to do surveying,clearing,purchase of seed and planting,fertilising,logistics among others,I'll make sure every step we take is legal,as we are going to have a documented deeds of partnership,any interested person can contact me on 08078497785 abdul mojeed from ibadan


U'r absolutely correct,can I add u up on watsup,my no 08102738334 so we can talk better on the project.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Lesgupnigeria(m): 6:40pm On Nov 23, 2014
teejayone40:


U'r absolutely correct,can I add u up on watsup,my no 08102738334 so we can talk better on the project.
Good.for you.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Lesgupnigeria(m): 11:26am On Nov 24, 2014
Plantain farming is a very good business...start one today.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by dewale1234(m): 1:19pm On Nov 24, 2014
1. What are the titles on these lands? What guarantee does one have that somebody would not wake up one day to say that the land is under govt acquisition
2. You also mentioned security and i discovered that you did not include the cost of security on the cost break down
3. Can you be specific on the management fee to help those that would not be resident around the farm lands

Thank you
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Lesgupnigeria(m): 5:46pm On Nov 25, 2014
dewale1234:
1. What are the titles on these lands? What guarantee does one have that somebody would not wake up one day to say that the land is under govt acquisition
2. You also mentioned security and i discovered that you did not include the cost of security on the cost break down
3. Can you be specific on the management fee to help those that would not be resident around the farm lands

Thank you
Let me have your email.I wllll send you all what you needed to get you started.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by bawelat: 6:18pm On Nov 25, 2014
Lesgupnigeria:

Let me have your email.I wllll send you all what you needed to get you started.
@ops pls why not address those issues he raised here for the benefit of other investors who might have similar question,thanks
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Lesgupnigeria(m): 10:01am On Nov 26, 2014
bawelat:
@ops pls why not address those issues he raised here for the benefit of other investors who might have similar question,thanks
Ok.i will
thanks
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Lesgupnigeria(m): 6:10pm On Nov 26, 2014
dewale1234:
1. What are the titles on these lands? What guarantee does one have that somebody would not wake up one day to say that the land is under govt acquisition
2. You also mentioned security and i discovered that you did not include the cost of security on the cost break down
3. Can you be specific on the management fee to help those that would not be resident around the farm lands

Thank you
No land in the area is yet acquired.
All.land can be verified from the ministry of land & surveyor.
Management fee will cover the cost of security.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Lesgupnigeria(m): 5:45am On Nov 28, 2014
Your level of success can be increased by engaging with experienced agro-preneurs to start your agricbusiness.

We set-up and manage farmlands.
You can count on me to help start a profitable business for you.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by naijainfogalery: 8:12pm On Jan 14, 2015
PLANTAIN FLOUR Remarkable Plantain Fufu

This easy-to-cook fufu flour is the ideal companion for your tasty soup

Plantains contain more starch and less sugar than dessert bananas and are therefore cooked or otherwise processed before being eaten. They are always cooked or fried when eaten green. An average plantain has about 220 calories and is a good source of potassium and dietary fibre. Plantains

for Nigerians looking for PLANTAIN FLOUR in the US, you can get your ingredients here - http://www.nigerianfoods.com/search?type=product&q=Plantain+Flour
Re: Plantain Farming Business:the Money Making Machine With 25years Span by FarmTech(m): 2:02pm On Feb 02, 2015
omoguy4rea:
I have a large hectares of farm land for lease or sale for farming in Edo state, Benin area for farmers that want to farm in Benin whatsapp me on +2348023106219
How much do u lease?
Re: Plantain Farming Business:the Money Making Machine With 25years Span by omoguy4rea(m): 11:56am On Feb 03, 2015
[quote author=FarmTech post=30357962]
How much do u lease?[/quote
depending on how many hectares you need from 5000 to 3000 naira per hectares
Re: Plantain Farming Business:the Money Making Machine With 25years Span by joyjoomla(m): 4:42pm On Feb 03, 2015
Lesgupnigeria:
Plantain farming is one of the most preferred
farming in Nigeria by farmers because of its
high rate of return on investment,good cash
flow monthly and easy management of farms
when well established.
Demand for plantain flour for medicinal
purposes especially for diabetes patient
coupled with high local consumption
demand also make plantain profitable.
This is the cost of our plantain management
programme
1st Stage
Land #60,000/acre
1st plough #5,000
2nd plough #5,000
800 suckers@#50 per sucker #40,000
Planting @#15/sucker #12,000
2nd stage
1st weeding #9,000
3rd stage
2nd weeding #9,000
4th stage
3rd weeding #9000
5th stage
4th weeding #9,000
Harvesting #9,000
Total Cost =#167,000
After 10 months,Assuming 700 suckers
survive and about 500 sucker fruit at
10months after planting with 1 bunch/ plant
= 500 bunch of plantain.
#800/bunch(conservative price,its usually
#1,200 - #1,400)
Income = #800*500 = #400,000
2nd year
1500 bunches are produced (lets be
conservative with 1000 bunches.
Income for year 2 =#800*1000 = #800,000
Year 3
Income =#800*2000 = #1,600,000 and the
income keeps increasing every year.
The payment interval between each stage is
1month
To participate in the programme, send email
to yusuffgbenga@gmail.com
like our page on www.facebook.com/lesgupnigeria



Hello bros............
Is it once in a year that one will be harvesting? According to what I envisage, and also which a farmer told me, after the first harvest one will be harvesting plantain every four months because as the main one grows young suckers will be growing as well with maturity/fruiting period of approximately 4 months interval.
I will be glad to hear from you soon sir.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by Lesgupnigeria(m): 6:23pm On Feb 03, 2015
@joyjoomia
The first harvest is 9-12months ( depending
on good managerial practices)
With good management, you can have 2
harvest but not necessarily within a year.
Note that if you plant a sucker now,it will take
about numerous months before another
sucker will shoot out from the one planted
i hope you understand.
Re: Plantain Farming Business:the Money Making Machine With 25years Span by joyjoomla(m): 9:23am On Feb 04, 2015
horlasunkanmi:
this is one of the reason why I always don't want to associate myself with you people,you are everly ready to criticize!for GOD sake why are you taking panadol for someone else headache?everybody has freedom to express the features he want in whomever he want to partner with,and those are mine,so what's the problem? This is a deal that's going to run for a very long period of time and I'm trying to choose someone that will understand the islamic principles as regard to business,so I need to choose someone that my opinion according to islamic business law will not be different from his own,so as not to bringabout misunderstanding in the nearest future,success in business sometimes also has to do with your spiritual level sometimes,so if my partner is of a different believe how are we going to be able to offer our prayer in one voice in a difficult situations?and a good muslim who is keen on making janah and is ready to follow the quranic injuctions and sunnah will never cheat on his partner cos the fear will always be there,these and many more reasons made me think that muslim is definitely going to be best bet for the deal, and am sure any reasonable person who his thinking faculties is still very active should get my point right, I mean no harm,I love christians I love jews I love even atheist cos we are all creature of one God,but these are my own personal opinion and I shouldn't be crucify for it


Hope you are also going to sell the products all to muslim alone too, I think they shld also be d the ones that understand islamic law of patronage n purchase.

1 Like

Re: Plantain Farming Business:the Money Making Machine With 25years Span by ibnhasan: 7:16pm On Feb 05, 2015
Lesgupnigeria:
Plantain farming is one of the most preferred
farming in Nigeria by farmers because of its
high rate of return on investment,good cash
flow monthly and easy management of farms
when well established.
Demand for plantain flour for medicinal
purposes especially for diabetes patient
coupled with high local consumption
demand also make plantain profitable.
This is the cost of our plantain management
programme
1st Stage
Land #60,000/acre
1st plough #5,000
2nd plough #5,000
800 suckers@#50 per sucker #40,000
Planting @#15/sucker #12,000
2nd stage
1st weeding #9,000
3rd stage
2nd weeding #9,000
4th stage
3rd weeding #9000
5th stage
4th weeding #9,000
Harvesting #9,000
Total Cost =#167,000
After 10 months,Assuming 700 suckers
survive and about 500 sucker fruit at
10months after planting with 1 bunch/ plant
= 500 bunch of plantain.
#800/bunch(conservative price,its usually
#1,200 - #1,400)
Income = #800*500 = #400,000
2nd year
1500 bunches are produced (lets be
conservative with 1000 bunches.
Income for year 2 =#800*1000 = #800,000
Year 3
Income =#800*2000 = #1,600,000 and the
income keeps increasing every year.
The payment interval between each stage is
1month
To participate in the programme, send email
to yusuffgbenga@gmail.com
like our page on www.facebook.com/lesgupnigeria

What is the annual cost of maintaining the plantation?
Re: Plantain Farming Business:the Money Making Machine With 25years Span by ibell: 10:55pm On Feb 05, 2015
@lesgupnigeria
pls giv me all d needed cost including mgt fee,survey and others
send it to ibell4real@gmail.com
also do u hav land around ibadan?i wil be expecting ur reply as urgent as possible.
thanks

(1) (2) (3) (4) (5) (6) (7) (8) (Reply)

Nigerian Cassava: The Next Big Thing In US Food Market? / Agriculture/Farming Business In Nigeria / This Snake Threatening My Fish Pond Was Killed Today (Photos)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 59
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.