₦airaland Forum

[quote author=Lesgupnigeria post=119749039]If you are looking to make good money,go for oilpalm
Out of the 3 crops;cocoa, cashew and oilpalm
Oilpalm has the highest value added index
You can process palm fruits into palm oil,palm kernel oil,sell the palm kernel shaft,make broom,etc
Its more capital intensive to process cashew,and cocoa to their respective other value added products.
You either sell raw cashew or the raw cocoa with no value added to it to make money.

2 hectare of raw cashew nuts will give you 1 ton at first commercial harvesting which is about 300k -400k
2 hectare of cocoa will give you about 800kg which is about N450k
2 hectare of oilpalm will give 10 tonnes of processed palm oil at let's say N800 per kg
10 tons is 10,000kg
Which is about N8m
So 2 ha of oilpalm farm will give you N8m
Now compare 8m to 400k and 450k cashew and cocoa will give you
Go for oilpalm!!!

Please like how many trees can be planted on a 5 hectares?

OMG.........................