How To Make Banana Plantation Multimillion Naira Agribusiness

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 Banana farming is the most neglected farming in Nigeria. Yet, holds more promises and profit potential than most other farming. 

Banana farming and growing banana are easier and less complicated than any other plantation. Although growing banana still require ones attention, the level of skill required is not as intensive as other trees. 

You might be wondering how banana farming can make you millions of naira yearly and we say, with a very little capital, if you are serious to make serious money, how to plant banana and market it with ease here in Nigeria and Abroad is an opportunity you have to cash in. 

Banana plants are grown through suckers. Suckers are those that grow from a dying, mature banana plant that can be transplanted and re-grown. They may be considered as baby plants that are used to start new banana plants. 

Choose suckers from plants that are vigorous. They should have small, spear shaped leaves and are about four feet high (high bred). 

Plant these and cut or decapitate the sucker to facilitate good evaporation. Keep around two to five meters between planted suckers. 

In the early days of your plant, keep them moist but not too wet as they don’t have leaves yet to evaporate the water. 

Why Banana Plantation 

According to Wikipedia, Banana is the 4th largest agricultural product in the world following wheat, rice and corn. 

In 2016, world production of bananas and plantains was 148 million tonnes, led by India and China. Here below is a list of some of the health benefits of consuming banana fruit:- 

• Are bananas good for weight loss? Yes, because bananas are rich in fiber so eating a banana, a day helps in weight loss. 

• Banana fruits are excellent source of energy 

• Use of Banana is good for the health of Heart. 

• Consuming banana also help in weight management as are also excellent source of fiber 

• If you are suffering from Depression, then consuming banana helps in swinging your mood. Try it! 

• Use of Banana is also good for the eye health & bones 

• Long time consumption of banana fruit helps in stopping the kidney cancer. 

• They are also good for the patients, who regularly suffer from the Ulcer problem. 

• Banana fruit is also an excellent source of minerals & vitamins. 

• Bananas are rich in vitamin B6 & of potassium 

Planting Banana On A Three Acre Of Land 

Land With Good Soil: Loamy soils are the best producing soils for banana farming because they contain a good organic to inorganic ratio. 

Organic materials, such as decaying plants and insects, provide soil with air, nutrients and water-retaining matter. 

This combination of ingredients, when combined with mineral particles, allows soil to remain loose and fertile. 

Prepare The Land: Clear the land and cut some of the trees if any, banana plants also grow best in bunches or groups because they protect each other from the harsh rays of the sun. Either it is important to create an environment where the banana plants are sheltered because they are bunched up together or there are other trees to protect them. 

Do not use chemicals in clearing the land because it will affect the growth and yield of the banana. 

It is important to maintain the humidity of the plantation by allowing some of the trees to remain for protecting the plant from excessive sun and to enhance the humidity. 

 This is very essential in plantain farming environment. 

Get The Banana Suckers: Considering that a banana plant is not a tree but a type of herb, they cannot actually be grown from seeds like most trees. Banana plants are grown through suckers. 

Suckers are those that grow from a dying, mature banana plant that can be transplanted and re-grown. They may be considered as baby plants that are used to start new banana plants. 

Choose suckers from plants that are vigorous. They should have small, spear shaped leaves and are about four feet high. 

In the early days of your plant, keep them moist but not too wet as they don’t have leaves yet to evaporate the water. you need about 1,250 banana sucker for 3 acre of land. 

Organic Fertilizer: This is what boosts the growth of the banana for maximum yield. 

You can use any good organic fertilizer available or you can develop your own organic fertilizer using animal drops. 

Control The Weeds: The weeds control is very important if you want your plantain to do well, the cost of weed management could account for up to. 45% of the total cost of banana plantation management in Nigeria. Use traditional weed control of employing labour to do the weed cutting. 

As the plantain grows, it is important to protect it from strong winds. 

It is also important to keep it well watered. Throwing the plantain dead leaves back into the plant is enough to sustain the rich quality of the soil. 

Unlike other trees, banana do not need complicated pruning. Just remove dead leaves and dead plants near the banana. 

In addition, remove suckers from the plant keeping only one or two that have spear shaped leaves. 

Within 8-10months, your banana should be ready to produce, and as one is getting matured for harvest, another one is replacing it, they continue in that circle removing any stress expenses of planting again. All you do is to harvest and reap your profits all year round. 

For your bankable Agribusiness business plan and analysis contact us. 



Source: Daily Independent

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