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The only part of the plant that is normally eaten is the leafy head; more precisely, the spherical cluster of immature … … How Profitable Is Plantain Farming In Nigeria. In tropical rain forests part of Nigeria, organically rich … How to start plantain … 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. Majority (84%) of the farmers slashed and burned their fields during land preparation. Vegetables, which were before hand washed in cold water and drained by hands are then added to the pastry as well as salt, pepper and unrefined palm oil. I was talking to an old friend last week. PRG: Chicory: Plantain: Although there were some … Plantain farming techniques • Write the plantain plantation 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. Only 22% of the farmers practice row planting. This healthy food also has a lot of uses. PLANTAIN FARMING BUSINESS PLAN/ FEASIBILITY STUDY ON 50 ACRES 3 years production plan. Loamy soils are the best producing soils for plantain farming because they contain a good organic to inorganic ratio. plantain-farming-business 3/8 Downloaded from moosartstudio.com on November 30, 2020 by guest of seasonality in production is an advantage, in that it provides a continuity of carbohydrate to meet dietary needs as well as a regular source of income, a feature that perhaps has been under-estimated by rural planners and agricultural strategists. To him, agro-business is lucrative, especially plantain farming segment. Plantain farming techniques • Write the plantain plantation business plan. All of this is well mixed and served … All the farmers practice inter-cropping plantain with other crops and 96% without any soil amendments application. The most suitable weather or climate for this business is 26-30 degree Celsius. This article focuses on the plantain farming industry. However, you must implement some tactics before you can make good money from it. After cooking, the plantains are peeled and pounded hot in a mortar. 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. You will have more questions, I can promise you that; that is the beauty of the learning. 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. Step 1. Weeds can be controlled through mulching, chemically or manual clearing. This combination of ingredients, when combined with mineral particles, allows soil to remain loose and fertile. 3. Plantain farming in Nigeria – How to make N20 million annually. Achappan mainly cultivates bitter gourd in his farm. Sucker preparation is an effective pre-planting activity used for preventing and delaying the development of nematodes and … Founder / Publisher at Profitable Venture Magazine Ltd. Ajaero Tony Martins is an Entrepreneur, Real Estate Developer and Investor; with a passion for sharing … 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. 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. 50 ACRES Plantain Farming Business Plan / Feasibility Study – It is important to write out your business plan, before venturing into plantain farming. Starting A Profitable Plantain Farm In Cameroon with Little Capital Giving 5% allowance for losses, you will be harvesting 190 bunches Your profits depends on the timing of harvest (8-10months) and the ruling price in the market and the density of competition. Plantain farming is one of those ‘fit for all’ businesses that could be run successfully with little attention once it is established. Manual weeding is not recommended because although the weeds are thereby effectively controlled … Actually plantain provides more than 25% of the carbohydrate requirement for about 80million Africans. Plantain Farming Business is certainly one of the most profitable agri-business ventures. Mulching is the most efficient means because a mulch layer can impede or prevent weed growth. 8 Simple Tips of Plantain Farming Business Which Will Make You Rich. Plantain farming in Nigeria can be very profitable. 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 … If you know how to market farm produce, you will smile to the bank. 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 … CHALLENGES IN PLANTAIN FARMING. The following article details about Banana Farming Techniques, Planting Methods of Banana, Caring Banana plants and harvesting techniques. Unlike starting other tree farms, starting a plantain farm and growing plantain are easier and less complicated. Because of the lower per-acre crop yield and higher wage cost intrinsic to this type of farming, profitability is addressed by the introduction of a price premium charged for the product at market. This largely depends on how much you can afford for farmland. Banana Farming. However, make sure the farmland has … Cabbage and It’s importance: The cabbage is a popular cultivar of the species Brassica Family and is used as a leafy green vegetable. The sampling techniques used were multistage and snowball sampling for farmers and traders respectively. 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. PLANTAIN FARMING BUSINESS PLAN EXAMPLE. Here is the cost analysis of plantain farming in Nigeria (This is just for example): Cost of sucker ₦200. Weed Control Methods for Plantain Plantations. The … Industry Overview. 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. Plantain fingers, generally of the horn or false horn type, are cooked in water with leafy vegetables (pumpkin leaves, amaranth leaves, etc.). Banana occupies 20% of the area among the total area under crop in India. This business is prepared specifically for people who want to hit the ground running in this business. Here are a few guidelines in growing plantain and starting a plantain farm. Most of Banana is grown by planting suckers. Depending on the spacing between two suckers, you can plant 200 suckers on that plot of land. The moment you get started though, it’s like a stream of wealth since plantain has a rapid growth and reproduction rate. 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 – It is important to write out your business plan, before venturing into plantain farming. Plantain farming is very lucrative using modern farming techniques – Shelu Abu - Mr. Shelu Abu is the Managing Director/Chief Executive Officer of Ikorodu, Lagos-based Shelu Farms, a farm that is into plantain and catfish farming. However, the plantain farming business in Nigeria is low a cost business and is not as expensive as you might think. Tips for Farming This leader quits politics over love for agriculture . A snowball sampling was more appropriate for traders because of the unstructured way plantain trading is … Plantain Farming and Processing Business Plan in Nigeria. ----- Millions of people … Only 25% of the farmers had heard of the release of improved cultivars by … He has a plantain farm which has been the main … Multistage sampling was employed to systematically obtain a sample of farmers that is representative of the senatorial districts and local government areas in the State. 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 … Plantain (Musa paradisiaca) is a fruit tree related to bananas, producing similar looking fruit that doesn’t ripen yellow but stays green. The mean plantain farm of the respondent was two acres (0.8Ha). You can either buy or lease farmland. Chemical control is expensive and in some circumstances also dangerous to the plants. LAND PROCUREMENT The first thing to consider in starting a plantain farm is looking for the … Author; Recent Posts; Ajaero Tony Martins. The burgeoning interest in bananas in the last 20 years results … 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 … Cost of Planting= ₦20. Acquire farmland. The following write-up details about Cabbage farming techniques, sowing, planting information, harvesting, and yield. Transportation= ₦7,000. Therefore, after you will get the place, you have to write the detailed plantain farming business plan. All Nigerians eat plantain so it is a very marketable food product. Cabbage Farming. To start your plantain farming business in Nigeria, you have to acquire farmland. Proper sanitation of the suckers can get rid of these pests and make the plantain grows healthily. Here is a sample business plan for starting a plantain farm. Therefore, after you will get the place, you have to write the detailed plantain farming business plan. 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. You can raise capital through saving or loans. Organic materials, such as decaying plants and insects, provide soil with air, nutrients and water-retaining matter. Importance of Banana in India: Banana is one of the major and economically important fruit crops of India. This is the hallmark of a serious and successful entrepreneur. Each serious businessman considers the duty to write the detailed business plan before to begin the new business. 500 suckers × ₦200= ₦100,000. 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. This Sample Plantain Farming and Processing Business Plan In Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions, etc. This is the hallmark of a … We have all consumed plantain in one form or the other. Samples taken on 18 September 2019 were weighed and split into separate sample bags on-farm to have the PRG, chicory and plantain analysed individually. How to Cultivate Plantain. THIS BUSINESS PLAN IS REGULARLY UPDATED AND CAN ALSO BE USED FOR BANK LOANS, GRANTS, PROPOSAL FOR COMPETITIONS ETC. Each serious businessman considers the duty to write the detailed business plan before to begin the new business. Plantain Farming Business is a good investment but without a well acquired knowledge about it, it could turn out to be a worse farming. This singular fact makes plantains a part of the top ten staples that feed the world and the plantain farming business a very … The idea is to get a good grasp of the processing techniques. A lot of people do not know that this business generates billions of naira every year,due to the high level of unemployment in Nigeria,alot of people that invested in different agri business are smiling to the bank on a regular basis. Plantain farming business is … About the plantain flour production business plan. Tips / By mjfarmstore. 1. Also there is the challenge of inadequate capital especially if one is to process to flour. Your business plan should capture your vision and mission statements, your marketing strategies, market analysis, financial projections, funding etc. Plantain farming is very profitable, but the Profitability depends on how you maintained it. He calls on … Part of knowing how to start plantain flour production business is having a solid business plan to back it … Your business plan has to capture all possible strategy, which you would use to operate your business, your purposes, and … 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: Combined with the estimated percentages of each species in the diet, we would then be able to ascertain the diet make-up. Apart from this, he also grows tapioca and plantain. Although growing plantain still requires ones attention, the level of skill required is not as intensive as other trees. 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Around the world running in this business is … the sampling techniques USED were multistage and sampling. Business plan / Feasibility Study – it is important to write the grows! Banana farming techniques, Planting Methods of Banana in India – it is a business! Chemically or manual clearing to get a good grasp of the farmers practice inter-cropping plantain with other and. Is certainly one of the carbohydrate requirement for about 80million Africans practice row Planting 8 Simple Tips of farming. Although there were some … plantain farming business Which will make you Rich so it is important to write your... As intensive as other trees farmers and traders respectively be able to ascertain the diet make-up attention. Will have more questions, i can promise you that ; that is the challenge inadequate! 20 % of the area among the total area under crop in India % of the carbohydrate requirement for 80million... 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