How can I start banana farming in Nigeria?

How do I start a banana farm?

Soil

  1. Banana can grow from the poorest to the richest type of soil with varying success.
  2. The soil should be tested before banana cultivation.
  3. The soil should have good drainage, adequate fertility and moisture.
  4. Deep, rich loamy and salty clay loam soil with pH between 6-7.5 is most preferred for banana cultivation.

How many bananas can you get per acre?

Tissue culture ensures that bananas are identical in quality, look and size. And while they have a high demand in the domestic market, farmers can earn additional profits by exporting them too! The 1-acre plantation yielded 400 quintals of bananas.

How much does a banana farm cost?

+ Banana Plantation

Tower’s Upgrades Revenue Total Cost (Medium)
Banana Farm $80 $1000
More Bananas without Valuable Bananas $120 $1300
More Bananas with Valuable Bananas $180 $5800
Banana Plantation without Valuable Bananas $260 $2700

Where is banana grown in Nigeria?

Plantains And Banana Crop Producing States in Nigeria

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It is widely produced in the South and Central regions of Nigeria such as; Oyo, Edo, Ondo Bayelsa, Delta, Akwa Ibom, Rivers, Ogun States, Cross River, Ebonyi Abia, Ekiti, Imo, Plateau, Osun, Kogi, Anambra and Enugu.

Do banana trees need lots of water?

Bananas require an average of 4 to 6 inches of water each month, or about 1 to 1 1/2 inches per week, depending on the season. However, overwatering can cause root rot. Make sure the soil drains well and does not have standing water.

How long do banana trees last?

Banana trees live for about six years, but each stem only lives long enough to produce fruit. After picking the fruit, the stem will die and a new one will grow from the rhizome to give you your next round of bananas.

Is banana a kharif or rabi crop?

Banana is grown during both Kharif and Rabi seasons.

What is a good price for bananas?

In 2020, the retail price of one pound of bananas in the United States stayed the same as in 2019 and registered at 57 cents. Prices have hovered around . 58 cents for the past seven years.

What is the best time to plant banana?

The right time to plant is in spring and summer. Prepare your soil in advance by incorporating plenty of compost or manure and irrigate thoroughly a few days prior to planting. If you’re growing a few banana plants, place them around four metres apart.

How many rounds does a banana farm pay for itself?

The BTD5 4-2 Banana Factory costs a total of $24,440 on medium difficulty, and creates $3000 per round, meaning it pays itself off in 8.13 rounds. The BTD6 equivalent, 4-2-0 costs $25,850 and produces $1875 per round on medium with no monkey knowledge. This means that it takes 13.79 rounds to pay itself off.

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Where do the most bananas grow?

Bananas are predominantly produced in Asia, Latin America and Africa. The biggest producers are India, which produced 29 million tonnes per year on average between 2010 and 2017, and China at 11 million tonnes.

Are bananas grown in Nigeria?

Nigeria is one of the largest bananas producing countries in the world.

What is the difference between banana and plantain trees?

Banana and plantain trees are quite difficult to differentiate as they’re very similar even in their vegetative state. … Bananas are soft, sweet, and excellent for baking. In contrast, plantains are firmer and have a starchy taste, which makes them ideal for use in exotic recipes.

How much is a bunch of plantain in Nigeria?

In the open market, a bunch of plantain costs about N750 to N2,000 if you are selling to the final consumers directly without processing it. On one acre of land you can plant 750 plantain suckers and you sell them at an average of N1,000 per bunch then you will makeN750,000.

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