It will also interest you to know what Ojefoh Enahoro Martins who was once the deputy managing director of Peniel Gerar International Limited said. The type of coconut to produce, cold press or wet milled. Little wonder that this crop has continued to grow in popularity among Nigerians and Africans. You are highly advised to start irrigation once the planting is over.
Irrigation farming is widely practiced too.
A wide range of coconut products are internationally traded. It can also be used to as a meal, like semovita, samvita, wheat flour etc. Coconut grows naturally along coastal terrains and is cultivated in over 90 countries of the world such as Nigeria, India, Indonesia, Philippines, Sri-Lanka etc. Maize farming business has undeniably been flourishing in Nigeria for decades. Here is the cost analysis of plantain farming in Nigeria (This is just for example): Cost of sucker ₦200. Nigeria now plant and produce more than 50% of the rice that’s consumed locally. Make that call today. This is a long time. It is a dietary supplement that boost the... How do I start a phone repair business in Nigeria? Wood/Trunk It is used in the production of roofing, shed/farm office, workshop buildings, rural bridges, floors, windows, furniture, floor tiles, pallets, handicrafts, tool handles, fuels, bannister etc. You can buy copra from countries like Brazil’ Caribbean etc. In The USA and Australia, for instance, farmers are among the richest people. The federal government has identified coconut as (part of) six or seven critical cash crops in the country. The largest producing country by volume is Côte d’Ivoire, which produces around 40% of global supply. SEE ALSO: How to Invest in Agribusiness (Step by Step). You will make money from the sell of coconut.
Below are the requirements you need before you start your coconut plantation business in Nigeria. For instance before dollar went up you can buy a large coconut for #100 even less but after the increase in dollars the price goes for #200.
Tools and equipment needed for coconut oil production. “Between 265 tons of coconut are produced in Nigeria presently and 70 per cent of it is produced by Lagos State and 30 per cent is produced by the other states in Nigeria. The compacted soil must be plowed and all stumps in your farm removed to ensure adequate drainage. Start off capital for goat farming in Nigeria: N32M Crypto Scam: Founder of Inksnation Sewanu Declared Wanted By Anti-Graft Agency After 5 Months SEC’s Warning, How To Use WhatsApp Payment To Send And Receive Money, Kuda Raises $10M To Dominate Digital-Only Bank In Africa, This Is How National Young Farmers’ Scheme Will Create 774,000 Employment Annually.
We need the government to waive import duty on seedlings. As societies became more cosmopolitan, cultures were shared and people learnt a great deal about the way of life of each other. A good thing about cocoyam is that you can prepare it any way you choose to. This process will make the cloudy fluid to settle in the bottom of the bowl while the top becomes very clear. Go to a nearby super market and find out the price of coconut oil. For sun drying, it will take 3 hours if the sun is very high during dry season. Coconut is one of the greatest gifts of nature to man because it produces a wide range of products.
Commercial cocoyam farming requires a sizeable farmland. For people with wheat allergies, gluten sensitivity, and celiac disease, coconut flour contains no grain and gluten. How To Start Coconut Plantation Business In Nigeria: Detailed Guide, Click to share on Facebook (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Twitter (Opens in new window), Click to email this to a friend (Opens in new window), Click to share on LinkedIn (Opens in new window), How to rake millions from castor seed farming in Nigeria, How to start highly profitable palm tree plantation in Nigeria, 2019 government loans for agriculture in Nigeria, Pig Breeds Best Suited For Commercial Pig Farming In Nigeria, How To Start Fish Hatchery Business in Nigeria: Step By Step Description, Traditional Ways Of Saving Money In Nigeria. In order to make this coconut flour, you must have to separate the coconut meat from the milk so as to produce a dry flour. As a result of its uses, cassava farming … You can get a good number of them in the hospital during antenatal and postnatal. Although this is the case, work is required.
Every year, several billions of naira are spent on rice importation, though it seems the administration of President Muhammadu Buhari realised the potential Nigerian farmers have in this neglected profitable agricultural business in Nigeria. The demand is mostly highest from restaurants, bars, football viewing centers, and market women who buy in large quantities and sell in retail either as live or smoked catfish. According to the Coconut Development Board, a mature coconut palm requires on the average between 600-800 liters of water once in every 4-7 days. It resists bad weather conditions and produce continuously from the age of 4 or 7 years to 60 years.
You are seriously advised to have a very good irrigation system during this period if you wish to have a bountiful coconut plantation harvest.
Depending on the specie of coconut you plant, by the third year, you can start harvesting a minimum of 100 coconuts per tree. Coconut Water It is used in the production of toddy, vinegar, treacle, medicinal eye-drop etc. The make the coconut plantation farming business in Nigeria more enticing for you, there are genetically engineered varieties that will guarantee you between 100-250 coconuts per tree per year. Other geopolitical zones in Nigeria have not fully explored the business potentials of bean farming except the Northern part of the country.
“We need the government’s support, especially in terms of seedlings. With over 160 Million consumers within Nigeria alone, the market is ever ready to be tapped. You can produce so many other things from it, such as: You don’t have to be a coconut manufacturer before you can start coconut business.
This will continue for a long time since coconut is a cash crop. Even if you join leading online marketplaces, you still have to ship to them to ship to the customer.