Business tips: Are you considering investment in oil plantation

Palm oil is native to West Africa. Nigeria used to be the world’s largest producer of oil palm before the oil boom era, but Malaysia has now taken the leading position. Oil palm plantation and allied industries is now the main stay of the Malaysian economy. The palm tree can be used in various ways: the leaves are used in making brooms and for roofing materials (in the rural areas). The bark of the fond can be peeled and woven into baskets, the main trunk can be split like sawn timbers and used as part of building materials, while palm wine can also be obtained from the palm tree, as well as red palm oil, which is readily obtainable from the fresh fruit bunches.
When the fruit is processed, however, the residue obtained can be used as fuel (for cooking and fertilizer to improve soil nutrient)
 I have been hearing lots of people, talking about different types of Agricultural produce they can plant or would want to plant, But what i have not seen on these forum is for someone to really come out and tell us, all the stress, difficulties, ups and down he/she went through before setting up there plantation.

I want to start by saying i have managed to secure mine self 13 plots of land. Each plot is a 100 by 100 feet. i want to start up an oil palm plantation. I have been able to buy 1755 oil palm Nursery from NIFOR. My story goes like these.......

Each oil palm nursery cost 150 Naira
Loading of each oil palm Nursery inside the vehicle is 20 Naira each
I paid 50,000 to convey the goods from IMO state to Ibusa Delta state.


On getting to the farm, the vehicle could not get to ibusa on time, the vehicle got to ibusa around 9.30pm. So the vehicle had to park in the house for the night. The next morning the journey to the farm began around 6.30Am, on getting to the entrance of the farm, the vehicle could not go in, because of poor road network. The vehicle managed to drive in but as the vehicle drove in, some sticks punctured one tire. So we had to off load the hold oil palm nursery on the ground. So we hard to go hire a pick up van. The van owner charged us 6,000 to convey the nursery to a location closer to mine own farm because there are other people farm in front of mine farm. now after that, i had to call the Hausa boys to use there wheelbarrow to convey the nursery to the farm, they charged 24,000. na wa ohhhh

Now the next stage is for me to plant. My mum's brother did one of these Agricultural causes is school, so he is a professional when planting oil palms.

We used a spacing is 8.7feet. you heard me clear, 8.7 feet. while they where doing the measurement, you know when planting oil palm, you have to do pegging, some hard roots was sitting on the sport where he was suppose to plant the oil palm, there was so much roots on the ground, we called the Hausa people again, they charged me 30,000 to uproot all the hard roots. so work continued. As am specking now, they have finished planting the 1755 oil palms. They would be buying more 200 palms because its like the land is more bigger than with i was told.

While am putting these here is for the new people that wants to go into farming. People, if you must go into farming, you must have money..... The more you go into it, the more unforeseen issues comes, and if you don't have cash to solve the issue immediately, your work would be suspended.

Also it does not end in just planting, there are still lots of things to be done before the said three years when you would starting harvesting.


So far so good, i have don't lots of mistakes in setting up mine oil palm plantation. If i have read some post that advices one on NL about setting up Oil palm plantation, i would not have made these silly mistakes.

if you are setting up an oil palm plantation.

Never you buy expensive lands.
Buy from NIFOR in your State not from outside your state
Let there me good motor able rood, so the vehicle conveying the palms can go into your land direct.
Make sure there is know roots in the ground that would disturb when planting

NOTE: THIS AN EXTRACT FROM OKIN4REAL