Healthy Seedling of 12 to 15 months age old with at least 1 meter height and 12 to 13 functional leaves are recommended in the oil palm tree cultivation. (NDPI Foundation), #10. Every palm tree requires a 10-foot diameter to be clear, so the tree can grow properly. In Nigeria, palm oil is an essential ingredient for cuisine, and is also used in household goods like soap. Up until the 1960s, Nigeria controlled more than 40% of the world’s palm oil needs. (NDPI Foundation), #9. So to get seedlings alone, you will require about N10,000 to N15,000; 2. Mr. Reddy-September 10, 2017. The following are the producing states, Cross River, Eboyi, Akwa, Ibom, Abia, Rivers, Bayelsa, Imo, Enugu, Anambra, Delta, Edo, Osun, Oyo, Ogun, Ondo, Ekiti. What do you … How To Start Oil Palm Farming In Nigeria: Complete Guide; How To Start Ewedu Farming Business In Nigeria: Complete Guide; How To Start A Profitable Melon (Egusi) Farming Business In Nigeria Please, how many plants do you recommend per acre (and spacing )? Thanks! Yet, as smallholders contemplate the overdue replanting of old trees, some oil palm estates may well become Musang King durian plantations because this particular species of durian is commanding astronomical prices in China. Setting up a palm oil processing mill in Nigeria would minimize the cost on raw material purchase and transportation. Your Email I accept the privacy policy. Even in superficially similar agro-ecological environments, the yield responses of oil palm to fertilizers can vary substantially (Foster, 2003). Global palm oil prices have risen significantly, with the current price premium about 45% over the international price of $1,042mt. 1 decade ago Oil Palms are a tropical plant, that needs 80 to 95 f. temperatures, at least six hours of direct sun and won't grow well at an elevation above about sixteen hundred feet. Oil palm plantation and allied industries is now the main stay of the Malaysian economy. • 1 hectare of mature palm can generally produce an average 2 MT of Fresh Fruit Bunch/Month. Startup capital; You should know that starting a palm tree plantation farming business in Nigeria is a capital intensive agribusiness venture. One of Nigeria's former first ladies, Ajoke Muhammed, now devotes her time to saving indigenous plants, including the West African nation's many species of palm tree, writes Adaobi Tricia Nwaubani. Something that you can harvest within a year. (List 25), #23. The Brazil nut is a large tree, reaching 50 m (160 ft) tall and with a trunk 1 to 2 m (3 ft 3 in to 6 ft 7 in) in diameter, making it among the largest of trees in the Amazon rainforest.It may live for 500 years or more, and can often reach a thousand years of age. i will like to wait for questions before i continue, and continue more on this very soon when i start work on farm, most of this farms are owned by nairalander...about 195acre of oil palm to be cultivated.....currently clearing and uprooting of trees is ongoing..nursery will follow, i dont want to write much about the theory when the practical starts ill continue,questions are welcome by the way if you are interested in buying cheap farmland in ogbomoso you can get as low as 50k per acre and we can also help you to manage your farm lands get in tourch with the contact in my signature, Nice work o.p but do you sell seedlings and how much will it cost, .....Just incase u need a covered trucks,we convey all house properties,building materials,goods of all types to any parts of nigeria too your destinations . 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