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Multi-million naira coconut planting business
Multi-million naira coconut planting business
This is a brief expose of the inherent fortune in the coconut business.

 By Emmanuel Udom

Just how much do you know about coconut planting business?

This is one thought provoking question that serious farmers or intending farmers need to think about.

Like me, you may know nothing about the business. But, there are lots of people out there who know a lot about coconut planting. 

However, heard or tail, read through what Mission Against Poverty in conjunction with Evergreen Farm has to say.

Shodimu Abdulkabir, CEO of the farm explains: Workings per one acre of land.

108 plants per acre will yield 12,960 twice a year.

N12, 960 translates to N25, 122nuts.

This eventually means a serious farmer could be making

N3, 888,000 as returns form his investment.

The farmer added unique. Top on the list of the angles are: training on how best to set-up coconut plantations, provision of access to land, as well as consultancy services on how best to make money from other crops like plantain while waiting for your coconut to harvest.

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