Plantain Farming

The business of Plantain farming and processing is a lucrative farming business that could fetch you so much cash if careful approach are employed to this business.

Nigeria is blessed when it comes to agriculture and that is one reason why agribusiness is one of the most profitable business in the country. Just like cassava farming / garri processing, Large scale plantain farming can turn you into a millionaire so long as you acquire the knowledge and skill required to strive in plantain farming business in Nigeria.

Plantain is one of the most common food in Nigeria and its always available because of the some smart business men who has gone into this line of business and are making fortune ever since.

Plantain is a sort after food in Nigeria prepared in different ways, it can be boiled, the ripe one can be fried and prepared as a side dish popularly known as dodo, both ripe and unripe can be roasted, plantain can also be processed into flour. Its an important food stable and a raw material for many product. Plantain plantation needs a good climatic condition to thrive, it can not do so well in an environment that is too hot or cold, they are grown from suckers.

One good thing about plantain farming is that once you get started the farm has the ability to sustain itself for over three decades so its not a very stressful business unlike other agribusiness

Africa produces over 50 per cent of the worlds plantain production. About 70 million people in West and Central Africa get more than 25 per cent of their carbohydrate from plantain and Nigeria is one of the largest plantain producing countries in the world.

Plantain consumption in Nigeria has increase over the years due to high demand for convenient and fast food.

Before venturing into plantain farming, Its important to have a well written plantain farming business plan. Your business plan should give you a good picture of your mission statements, your marketing strategies, market research analysis, financial projections, funding etc and Capital required for startup.
When you lay out your business plan, it will easier to see need for expansion of your business to include other things like plantain processing

Due to the nature of the plantain plant, Plantain farming which is also similar to banana farming is one of those self sustaining agricultural ventures that can be described as a true investment. Any body can run and maintain a plantain farm without much stress.

Also Read: Banana Farming

It should be noted that plantain is neither a tree or palm, rather plantain is a giant lumb of herb which does not do too well in every location, South Africa is one of those places where plantain farming can not be done. So it is of grate importance to conduct diligent research before venturing into plantain farming as a business in your location

TABLE OF CONTENT

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 in Nigeria / Feasibility study . To place an order, pay N10,000 to

GTBank (Guaranty Trust Bank)
Account Name – Uwadia Eyemeka
Account No – 0127561472

After you have made your payment, send your email and payment details to 07036785443.

Here are what you need to start a 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.

Also Read Bread Bakery

Plantain Farming Feasibility Study

The very first thing to do is to get a farmland, its very important that you acquire a land with the right type of soil, like a loamy soil containing good organic matter. You can improve the soil content if its not rich enough by applying organic manure like cow, chicken dung etc.

Lands with thick vegetation is best for plantain farming because thick vegetation indicates that the land contains the right soil for good produce.

plantain would not do well on all types of land same thing with banana. There are select environments where plantains can be cultivated. So its important that before you acquiring lands for the purpose of planting plantain, you should look out for lands with loamy soil. These lands have the best producing soil as they contain a good organic to inorganic ratio. It is very important to go for lands with the right soil composition otherwise your plantains production could be hampered.
To engage in commercial farming you will need at least two hectares of land.

Preparing the Farm Land

When you have identified and acquired land suitable for plantain farming, the next step should involve Clearing the land and cutting of tress that might shield sunlight from reaching the plantain suckers. The proposed soil must be a well drained land that is rich and naturally fertilized as young plantain plants do not do well in wet conditions. In the event that you do not get a farm land that contains all this, then its important to revitalize the soil by using manure and compost fertilizers

Getting Healthy Plantain Suckers

The method of Plantain replication is unique from other plants in the sense that its not propagated from seeds, rather they are propagated from plantain suckers. There are basically three types of plantain suckers that farmers can choose from and they include sword suckers, water suckers and maidenhead suckers respectively.
Planting of healthy suckers could be the key for getting a rapid and plentiful yield, one of the plus of side of this farm is that it can self sustain planting for years without any need to get new suckers.

For the plantain farm to flourish and do well, utmost care must be given to it, the plantain should be watered, protected from strong winds.

Employ Laborers

If you intent to own a big plantain farm, then its important you hire laborer because plantain framing and processing business is not a one person business.
Extra hands will be needed to help in preparing the farm lands, planting and watering the plantain suckers, and also to weed and harvest the matured plantains. Farm laborers are cheap to employ. If you run a mechanized farm, you will need also machinery and operators.

Harvesting

Within 8-10 months, your plantain should be ready for harvest, as soon as it gets to to this time more fruits will be produce.

Challenges in Plantain Farming

Oftentimes people neglect the challenges farmers face in plantain farming business in Nigeria. Some of these challenges can limit your profitability however with the right information you can turn the table around which is why having the required knowledge is key to thriving in this business.

Some of these challenges are from the federal government due to lack of basic amenities while other are due to lack of information of the farmers. Below are some of the challenges and limitation of plantain farming in Nigeria –

1. Transportation – This is a very vital aspect in this business because this goods are perishable goods. Lack of good road can lead to high transportation fare and that can impact the business. This is one major challenge farmers are facing. Which is why you must locate your plantain farm in a good location for easy access. But getting an easy location is challenging. Make proper arrangement for transportation even for you harvest your plantain.

Transportation has made many plantain farmers lose money due to the inability to transport their goods on time to the market. For goods like plantain. Without early transportation the good will be damaged and that will make the farmers lose money.

2. Pest and Diseases – This is another challenge facing plantain farming. Inability to control pest and disease can lead to crop damage. Pest and diseases needs to be controlled and there are ways to do that. Whether you are using chemical, biological or physical method in controlling the pest and diseases do it in a way that your plantain will not be harm in the process. On common way to prevent pest is to constantly clear and remove weed from the farmland. This will make easy for your crop to grow without dragging soil nutrient with the weeds.

3. Cost of Farmland – With the growing agribusinesses in Nigeria, land owners are increasing the price of land for sale or rent. This can impact the business.

4. Capital – This is one major challenge affecting farmers generally in Nigeria. Raising adequate capital for the business can be challenging which is why some grants and loan scheme encouraged by the federal government are out there to assist farmers get adequate capital to start their business.

5. Unhealthy Suckers – This will determine the yield of your farm. Unhealthy suckers will produce terrible harvest. Knowing the right suckers to buy and will save you.

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 Business in Nigeria / Feasibility study. To place an order, pay N10,000 to

GTBank (Guaranty Trust Bank)
Account Name – Uwadia Eyemeka
Account No – 0127561472

After you have made payment send your email and payment details to 07036785443.

Also Read Tomatoes Farming

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