Tuesday, May 7, 2019

The Economics of the Plantain Farming Business

Post 16.

Plantain is one of the cheapt staple crops to produce

It provides gainful employment to many rural dwellers

It is very economical to establish, requiring a very small capital investment compared to its returns (see the Income and Profit Analysis Report on this blog)

It brings in quick returns on investment as it reaches maturity and pays off the cost of establishment within a year

The cost of producing plantain relative to returns is much lower than that of other stable crops like rice, cowpea, maize, cassava and yams.

It has good export potentials where the export potentials are properly harnessed.

Ayodele Adegbulugbe
www.plantainrichesnigeria.blogspot.com
www.johnayodele.wordpress.com
Lagos, Nigeria.

No comments:

Post a Comment