Showing posts with label plantain farming financial analysis. Show all posts
Showing posts with label plantain farming financial analysis. Show all posts

Thursday, October 31, 2013

PLANTAIN FARMING IN NIGERIA: THE PLANTAIN SUCKER (2)



This blog was set up for the benefit of Nigerians, especially starters interested in plantain farming business, who need information about it.

The plantain sucker can be cultured on a farm for a period, say 3 months. If you buy a cultured 3 month old sucker and transplant on your own farm, it will take about 8 months from planting to harvest. A 3 month cultured sucker has attained a certain height.

It means a shorter turnaround time from planting to harvest. If you are planting a fresh sucker, that will start growing from scratch, then you have to wait up to 12 months from planting to harvest. You can get cultured suckers from farmers who have them on their farms and are willing to sell. There are two benefits to you:

One, you buy at a cheaper price than you will if you buy during the next planting season. Two, you will not wait 12 months from planting to harvest. If you are a starter, ensure that you are buying the improved variety sucker and buy from the right sources. Do not be deceived to buy the local variety sucker if what you want is the improved variety sucker. Open your eyes oh!

John Ayodele

Monday, October 14, 2013

Plantain Farming in Nigeria: The Other Side of the Coin No One Is Telling You!


 This plantain farming blog, like my chicken blog at     www.johnayodele.wordpress.com, is set up for the benefit of Nigerians to educate them about plantain farming and to encourage them to set up starting small. Stop blaming the government. Wake up!
Plantain farming is one of the major money spinners in the agricultural sector in Nigeria. It is also the fourth most important crop in the world. Its uniqueness is in its ability to reproduce itself in geometric proportions. 

A Nigerian plantain farmer who is diligent in his business, cannot go poor or be broke in any season. Unfortunately, the thousands of unemployed persons who roam the streets looking for jobs that are not available are not aware of how to conduct this wonderful business opportunity which requires so little to set up but yields so much in returns.

If you are well informed about the plantain farming business, this blog is surely not for you. But if you are a novice, who knows next to nothing and wants to know more, then you have come to the right blog.

For starters in Nigeria, who needs the right details about the business, the following details are available:

1)    A short report titled ‘How to Set Up and Manage a Profitable Plantain Farm in Nigeria’. This is a guide to operations on the farm from day 1 to harvest.

2)    Plantain Farming Income Analysis showing:
a)    The Expenditure Pattern (Excel format) for the first two years in business.

b)    The Income and Profit analysis (Excel Format) for the first two years in business based on three conservative sales prices and seven realizable yield rates from 60% to 90%.


The above stated plantation reports contain the farm operation analysis; the income and expenditure analysis for the first two years; the challenges in the business and how to overcome them; the addresses of the Ogun-Oshun River Basin Offices in Lagos,Ogun and Oyo States, and the addresses of the right sources to get the right type of plantain suckers.



The two reports go together and cost N3000.00. Make the payment to First Bank Account 2017277846 (JO & EL Ventures), then forward payment details plus email address to 2348035978352. The reports in soft copies will be forwarded to the email address.

These reports are self explanatory and even a 6 year old boy can easily understand them. You do not have to stress yourself reading abstracts and technical jargon available in some  plantain reports. They contain what you need to know to set up the farm straight away.

On this blog, I am going to let you know the other side of the coin in this business on this blog. You can make 400% returns in plantain farming if you get it right. Some farmers do get it right but many do not. 

Therefore, not everyone has been making the 400% returns.In fact, some have messed up and are regretting their foray into it. If you need the reports now, then get them to avoid the silly mistakes some have done.

There are some factors to consider in this business and if you are ignorant of them and just jump into it based on the financials alone, you may lose out and come out with sad stories,wondering whether the witches in your father's house followed you there. 

Like i did on my chicken blog, i like to let you know the sweet and rough edges in the business, so that you know the precautions to take to make a safe landing. You should know what can hinder you from making the 400% returns in the business.Unfortunately, many Nigerian starters with their get-rich-quick mindset do not bother about the factors before jumping in.

Many promoters give you the sweet side of the story and will not let you know the rough edges. You should have a balanced opinion before you set up the farm.

John Ayodele


Phone: 2348035978352