Here is the cost analysis of plantain farming in Nigeria (This is just for example): Cost of sucker ₦200. I was talking to an old friend last week. Banana Farming. You will have more questions, I can promise you that; that is the beauty of the learning. If you know how to market farm produce, you will smile to the bank. Plantain farming techniques • Write the plantain plantation business plan. Organic materials, such as decaying plants and insects, provide soil with air, nutrients and water-retaining matter. To him, agro-business is lucrative, especially plantain farming segment. Cabbage Farming. This is the hallmark of a … Plantain farming is very lucrative using modern farming techniques – Shelu Abu On August 4, 2014 12:03 am In Business by akintayo eribake Kindly Share This Story: Plantain Farming Business Plan / Feasibility Study – It is important to write out your business plan, before venturing into plantain farming. Therefore, after you will get the place, you have to write the detailed plantain farming business plan. Unlike starting other tree farms, starting a plantain farm and growing plantain are easier and less complicated. The burgeoning interest in bananas in the last 20 years results … 50 ACRES Plantain Farming Business Plan / Feasibility Study – It is important to write out your business plan, before venturing into plantain farming. Each serious businessman considers the duty to write the detailed business plan before to begin the new business. Proper sanitation of the suckers can get rid of these pests and make the plantain grows healthily. The agricultural industry of which commercial plantain farming is a subset of is no doubt amongst the leading industries in most countries of the world; it is the industry that produces food for the populace and of course raw materials for industries.. Because of the significant role the agriculture sector plays, the government of most countries ensures that they go all the way to … How to Cultivate Plantain. The further goals of farm profitability and prosperous farming communities address free market viability issues which might threaten the viability of the business, rendering the ecological sustainability efforts moot. Although growing plantain still requires ones attention, the level of skill required is not as intensive as other trees. Banana occupies 20% of the area among the total area under crop in India. Aimed at farmers engaged in this line of business, they as entrepreneurs require a good business plan to chart a way to profitability and growth. Plantain farming in Nigeria is a low investment agricultural business and almost every soil in this part of the world is good for such according to research. Plantain Farming and processing Business Plan In Nigeria is a lucrative farming business that needs a lot of planning to start and a business coach like Dayo … All Nigerians eat plantain so it is a very marketable food product. The only part of the plant that is normally eaten is the leafy head; more precisely, the spherical cluster of immature … PRG: Chicory: Plantain: Although there were some … Importance of Banana in India: Banana is one of the major and economically important fruit crops of India. He calls on … The major problems faced by plantain farmers are transportation ( due to farm proximity), storage ( they are perishable crops) they become rotten when over riped thereby making storage to be difficult except they are processed into flours. If you are still in doubt if this is the right business to venture into, you must bear in mind that in Africa, bananas and plantains provide over 35% of the carbohydrate requirements for over 700 million people. Most of Banana is grown by planting suckers. Plantain production and sales 3.1 Uses and nutritional value ..... 3.2 Suggested recipes ... Fortunately, a number of intensive production techniques have been developed, including in vitro cultivation, typically used in research centres, and macropropagation using the plantlet from stem fragments (usually named the PIF technique) whe-reby the primary buds of entire suckers or fragments of corms are destroyed … This singular fact makes plantains a part of the top ten staples that feed the world and the plantain farming business a very … The mean plantain farm of the respondent was two acres (0.8Ha). About the plantain flour production business plan. Weeds can be controlled through mulching, chemically or manual clearing. Combined with the estimated percentages of each species in the diet, we would then be able to ascertain the diet make-up. Only 22% of the farmers practice row planting. Weed Control Methods for Plantain Plantations. Sucker preparation is an effective pre-planting activity used for preventing and delaying the development of nematodes and … Therefore, after you will get the place, you have to write the detailed plantain farming business plan. Truly plantain farming business has been proven to be a profitable venture and you can make more money from the business if you engage in mechanize farming, it will give you leverage in the market place. … In this chat with Financial Vanguard in Ikorodu, Shelu speaks on the new model technology in plantain farming and says that plantain farming is very lucrative. Industry Overview. Plantain farming techniques • Write the plantain plantation business plan. CHALLENGES IN PLANTAIN FARMING. Plantain Farming Business is a good investment but without a well acquired knowledge about it, it could turn out to be a worse farming. Majority (84%) of the farmers slashed and burned their fields during land preparation. Plantain farming in Nigeria – How to make N20 million annually. This combination of ingredients, when combined with mineral particles, allows soil to remain loose and fertile. Most young entrepreneurs lack the knowledge required to set up a plantain farm, missing out on the profitability of this business. Your business plan has to capture all possible strategy, which you would use to operate your business, your purposes, and … Plantain farming is one of those ‘fit for all’ businesses that could be run successfully with little attention once it is established. Founder / Publisher at Profitable Venture Magazine Ltd. Ajaero Tony Martins is an Entrepreneur, Real Estate Developer and Investor; with a passion for sharing … The best locations for plantain farm business in Nigeria are states like Rivers, Delta, Osun, Ogun, and Ekiti states. PLANTAIN FARMING BUSINESS PLAN/ FEASIBILITY STUDY ON 50 ACRES 3 years production plan. Despite this, the agro-business opportunity has not been effectively taken advantage of because most entrepreneurs lack the knowledge required to effectively set up, manage, and build a strong local and international supply chain network for the plantain farming business. A snowball sampling was more appropriate for traders because of the unstructured way plantain trading is … Tips / By mjfarmstore. However, you must implement some tactics before you can make good money from it. However, the plantain farming business in Nigeria is low a cost business and is not as expensive as you might think. This business is prepared specifically for people who want to hit the ground running in this business. Mulching is the most efficient means because a mulch layer can impede or prevent weed growth. However, make sure the farmland has … Here are a few guidelines in growing plantain and starting a plantain farm. In this post I will quickly give you some quick tips facts and steps that you should know before venturing into plantain farming business in Nigeria. Depending on the spacing between two suckers, you can plant 200 suckers on that plot of land. This largely depends on how much you can afford for farmland. You can raise capital through saving or loans. Plantain Farming and Processing Business Plan in Nigeria. Step 1. Only 25% of the farmers had heard of the release of improved cultivars by … Author; Recent Posts; Ajaero Tony Martins. Now, there are organic methods of treating plantain suckers before planting; these methods have been found very effective and greatly increase the yield of the plantain field. Plantain farming is one of the most profitable agricultural businesses in Nigeria and many other places around the world. 500 suckers × ₦200= ₦100,000. THIS BUSINESS PLAN IS REGULARLY UPDATED AND CAN ALSO BE USED FOR BANK LOANS, GRANTS, PROPOSAL FOR COMPETITIONS ETC. 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