One of the most profitable
agricultural businesses in Nigeria is palm kernel farming. On this article you
are going to learn the steps on how to start palm kernel farming in Nigeria. This
palm kernel is a reddish liquid substance that is actually used in domestic
cooking in most Nigerian homes. The Scientific name is Elaeis guineensis. One
of the common varieties in Nigeria is the Tenera, which is erect and bunchy in
nature. This particular variety of palm fruit is used mainly for the production
of mesocarp oil and palm kernel. Below are the steps on how to start a palm kernel
farm in Nigeria.
1. You need to determine the type of
production scale: A lot of farmers has actually make the mistake of not
deciding earlier on what type of farming scale they wish to venture into. You
really need to be certain about the type of farming scale (either small or
large-scale) you would wish to start, this will help you to determine the cost,
profit and other miscellaneous items that will ensure a successful business
outcome.
2. Look for a very good land: Without
been told to actually establish a farmland the entire farm must be properly
surveyed. There are some certain factors that need to be considered when choosing
good farmland. The following are the factors that need to be considered; the
soil, drainage, topography, climate, location, the history of the land.
3. You need to source for viable seed:
If you actually use a good seed for planting it will ensures genetic and
physical purity of the palm kernel. Also it will give the desired plant
production. Using a good seed will provide a good root system and also strengthen
the plant. It will also ensure that the plant growth is uniform. Without been
told good quality seeds provide resistance against disease and pest. The
following are the characteristics of good seed; long shelf life, great vigour, large
field establishment, high market value, good shape, proper size and color, balanced
moisture content for storage, high physical purity, free from pest and disease,
high genetic purity, etc.
4. Capital for financing the farm:
Farming business requires a reliable source of capital. This capital will enable
you to plan and expand the scope and volume of the production. The following
are the several sources of capital; Commercial bank, Co-operative societies, National
Directorate of Employment, Non-Governmental Organizations, Private money
lenders, Thrift and savings society, Commodity merchant /Traders, Debentures,
etc. Farming business really requires capital.
Furthermore, palm
kernel farming in Nigeria is really a profitable agricultural business if it is
done in a proper way.
Post a Comment