Plantain Farming Business Plan In Nigeria 2020. PDF How Do You Start

PLANTAIN FARMING BUSINESS PLAN IN NIGERIA/ FEASIBILITY STUDY

Recently i made a post on plantain chips Business in Nigeria and based on demands I decided to make a post on plantain farming business plan in Nigeria and i hope you will find this information useful. First of all, we must understand that this business is a very profitable business and for those who are interested in going for it, I have made this article specially for you. So enjoy it. Plantain Farming Business Plan In Nigeria

Nigeria is a blessed country though it’s natural resources are not properly managed. Nigeria is a blessed agriculturally with large expanse of lands. And this is one of the reason why plantain flourish so well. Plantain business is a very lucrative one so long you have the right knowledge about it. There are some skills that that puts you ahead of in this business and that’s what we will be discussing. Please don’t forget to drop your comments on the comment box.

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Plantain as it where is one of the commonly consumed food in Nigeria. And it is always available. Why is plantain so much in a very high demand in Nigeria? Because it widely consumed by vertically everyone. For those who don’t like eating it ripe can eat the unripe ones. Either you eat a roasted one, fried one, boiled one etc. With these, we are not surprised at all to why the product is in high demand.

Some states in Nigeria have taken a full responsibility of making plantain their main source income and they are actually making tons of millions of naira. Below are the states that produces plantain in a very large quantity: Ondo, Osun, Cross River, Ekiti, Oyo, and Edo. Plantain is produced in the following states in Nigeria Lagos, Ondo, Ogun, Oyo, Oshun, Ekiti, Edo, Delta, Cross River, Akwa Ibom, Imo, Bayelsa, Abia and Ebonyi.

How are plantains produced?

Let’s discuss how plantain are grown anywhere in the world. They are grown from a long 12 to 15 foot underground rhizome. When this happen, it results in giant leaves that are up to 9 feet long and 2 feet cross. It takes about around a central trunk or pseudostem. Plantain Flowering takes up to 10-15 months of mild temperatures and then another 4-8 months to produce fruit.

How long does it take for a plantain tree to bear fruit?

Before you can obtain a fruit in plantain production, you will need about 10 to 15 months without freezing temperatures to produce flowers and again you will need another four to eight months to grow the plantains produce to full maturity.

In Nigeria, plantain is one of the most sort after agricultural produce. And the reasons as we have mentioned are numerous. The ripe and the unripe ones can be boiled, the ripe one can be fried which is popularly called dodo. both ripe and unripe can be roasted, plantain can also be processed into flour. The raw materials are very rich in many ways. And that’s why it’s an important food stable here in Nigeria.

If you want to go into Plantain plantation, there are stuffs you need to know and that’s the fact that it’s need a conducive climatic condition to thrive very well. It can’t do well in a very hot climatic condition. Remember they are grown from suckers. Unlike what many people do say, plantain farming is a very stressless business to venture into. The reason is that it has ability to sustain itself for over three decades. It’s not as stressful as people do assume. It’s a stressless and when you start, you don’t need much input.

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From research we have discovered that Africa produces over 50 per cent of the worlds total plantain production. This is quite huge. Let’s get some more statistics. Do you know that plantain are largely produced in the southern and western part of Cameroon. The reason is because the fertile soils of that region allow the plantains to grow well. Nigeria too is among the top 25 most plantain producing country in the world. It was researched by experts that up to 70 million people in West and Central Africa region get more than 25 per cent of their carbohydrate from plantain. Because of the demand for carbohydrate, fast food and ion, the consumption of plantain have led to the high rate of demand for plantain in Nigeria.

You won’t be advised to go into plantain farming business in Nigeria without first and foremost having a very good and well detailed business plan. With the business plan you will have a very clear picture of your business mission statements, market analysis and strategies too. financial projections, funding etc and Capital required for startup. With a business plan, you can now talk about expanding your business in the nearest future. Expansion means you can also have a plantain processing facility.

We have established one fact that plantain farming business such a one that can be self sustaining agricultural farming you can think of going into and it won’t stress you out at all. This means that anyone can very much do this business very well. Yeah. You don’t have to be a farmer or study agriculture in school. All you need is some basic knowledge and that’s what we are discussing here. Plantain Farming Business Plan In Nigeria

So many times I have been asked in seminars if plantain is a tree or palm? But the truth is that plantain is neither a tree or a palm but a plantain is a giant lumb of herb. As it where, it can’t do too well in every location and one of such a place is South Africa. In this country, plantain farming can not be done at all. This means that while choosing a location, you must have done your due diligence and research before you go into this business. Make sure you choose the right location for your plantain farming. Read on and see what we have for you.

TABLE OF CONTENT FOR PLANTAIN FARMING FEASIBILITY STUDY BUSINESS PLAN IN NIGERIA

1.0 Executive Summary
Keys to Success
Products
Market
Financial Considerations
1.1 Objectives
1.2 Mission

2.0 Company Summary

3.0 Products

4.0 Market Analysis Summary
4.1 Market Segmentation
4.2 Target Market Segment Strategy
4.3 Industry Analysis
4.3.1 Competition and Buying Patterns

5.0 Strategy and Implementation Summary
5.1 Sales Strategy
5.2 Marketing Strategy
5.3 Competitive Edge

6.0 Management Summary
6.1 Personnel Plan
6.2 manpower requirements
6.3 man power budget

7.0 key financial management controls

8.0 Projected financial statements
8.1 Application of funds
8.2 operating and maintenance costs budget
8.3 projected profit on 50 acres of plantain plantation in 12months
8.4 income statement projections
PLUS BONUS PACKAGE
COMPLETE GUIDE TO COMMERCIAL PLANTAIN PLANTATION FARMING IN NIGERIA
PLUS BONUS PACKAGE
COMPLETE GUIDE TO PLANTAIN SUCKER PRODUCTION SEEDLING MULTIPLICATION

GET YOUR PLANTAIN FARMING BUSINESS PLAN IN NIGERIA / FEASIBILITY STUDY. To place an order, pay N10,000 to

GTBank (Guaranty Trust Bank)
Account Name – Ogumka Innocent
Account No – 0153723721

After paying for your Plantain Farming Business In Nigeria Feasibility/Business Plan and Manual, send your email and payment details to 09066078526.

Before you get into this business, there are things that are needed before you start plantain farming business in Nigeria: Suitable farm land, healthy plantain suckers, fertilizer, clean water source, plantain graters, drying chamber, Packaging machine, knives for peeling, wheelbarrows, basins, weighing scales, stand-by generator, sacks and nylons for packaging, Sealing machine.

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Starting a Plantain Farm

Before you start a plantain farming business in Nigeria, you must first and most importantly have a farm land. Ensure you have the right soil and the a very good land located where you won’t have issues accessing it. You will need a loamy soil that contains a good organic matter. You can apply organic manure into the the land to improve the soil content if its not rich enough its very important that you acquire a land with the right type of soil.

For Lands that has a very thick vegetation, we can say is best for plantain farming. The reason is that is the thick vegetation indicates that the land contains the right soil for good produce and that’s just what a plantain farming needs.

Remember that it’s not all types of land that plantain does well. There are some specific kind lands that can work here. So don’t just acquire any kind of land. Ensure you acquire the best loamy soil for it. You can go through our business plan on planting not farming and you will see all that needs to be seen in regarding lands and soil for plantain farming Business in Nigeria. The lands must contain a good organic to inorganic ratio necessary for plantain Farming. So go for the lands that are the right soil composition for plantain Farming. For those who wants to go into commercial farming, they you will need at least two hectares of land.

Preparing the Farm Land

After you have gotten a land for your plantain farming, what’s the next move? You have to clear the land and most importantly you have to cut the tress down. These tress would have ordinarily shielded sunlight from penetrating to the plantains suckers. Ensure you have a well drained land that is naturally fertilized because young plantains or suckers do not do well in wet conditions. But at times you may not have a land that has all these qualities. So what do you do? Then revitalize the soil and make sure you add artificial fertilizer to moist the soil to suit what you want. This is a necessity should in case you don’t have a good land for plantains.

Getting Healthy Plantain Suckers.

The way plantains are planted are quite distinct from other plants. They are dry much different but in some other sense they are similar. One of the reasons for it is the fact that Plantains are not propagated from seeds rather it’s from what we call plantain suckers. Those of you who are into plantain farming will understand that there are three types of plantain suckers that exist which can be planted. The are: sword suckers, water suckers and maidenhead suckers

Before you start, please do your own due diligence about this business. Ensure you carry out your own research work. Because it will be very wise of you to plant a very good sucker so that you have a bountiful Harvest. Like I have initially said before, the plantain farming business can be self sustaining for as long as three decades and you need do it rhe basic clearing and maintenance. If you want your plantain farm to flourish and do well, then you much at all time it full attention and utmost care must be given to it. Ensure you water, protect the plantain and also protect it from strong winds.

Employ Laborers

This is not a one man business so I will advise that you employ some m
Laborers because you can’t own a big plantain farm and wants to handle it alone that will be counter productive. You will need some form of helping hands to get these jobs done. For example, you will employ those who will be in charge of planting and watering the plantain suckers, and also those to weed and harvest the matured plantains. When we talk about laborers, we are not asking you to employ the most educated one. Get cheap labour and get to pay some something.

Harvesting

It takes a minimum 8-10 months before for you harvest your plantain. And remember that these period will be their harvest time so the need for staffs is very important.

Our very own sample Plantain Farming Business Plan in Nigeria can be used to access bank loans, proposal writing and grant applications.

The business plan was recently compiled after a thorough feasibility study on Plantain Farming Business in Nigeria was done our team of experts..

PLUS BONUS PACKAGE
COMPLETE GUIDE TO COMMERCIAL PLANTAIN PLANTATION FARMING IN NIGERIA
PLUS BONUS PACKAGE
COMPLETE GUIDE TO PLANTAIN SUCKER PRODUCTION SEEDLING MULTIPLICATION

Hurry now, GET YOUR PLANTAIN FARMING FEASIBILITY STUDY BUSINESS PLAN. To place an order, pay N10,000 to

GTBank (Guaranty Trust Bank)
Account Name – Ogumka Innocent
Account No – 0153723721

After you have made payment for your Plantain Farming Business Plan In Nigeria Feasibility Study, send your email and payment details to 09066078526

5 thoughts on “Plantain Farming Business Plan In Nigeria 2020. PDF How Do You Start

  1. Good day, your write was very instructive and straight to the point.
    You did not lay emphasis on how to do macropropagation through Tissue cultured and other practicable methods. Moreover, you did not mention other final products that can be obtained from Plantain like Plantain Flour etc. If you producing flour , kindly mention all the equipment necessary for the success of the product. Hope to read from you soon Thank you.

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