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RE: Have you ever been to a rubber Plantation before?
amazing progress in cultivating rubber trees in nigeria and now i just found out that nigeria is one of the biggest rubber producers in the world,, this is very extraordinary
Thank you.., and yeah it is. But it's a kind of capital intensive in terms of buying a big land for it. I look at it as an investment..., a long term investment with some great profit in the future.
Are there many rubber plantation in Indonesia?
in Indonesia there are also people who plant rubber trees but not as much as in Indonesia,,, Indonesian people here cultivate many oil palm plantations, thus making Indonesia the largest palm oil producing country in the world.
Oh really..?
Well, over here in Nigeria we also have palm plantation , it is one of the most expensive farming business..., let's say your family have that.., then you will be so rich.
Palm oil is widely used in every household here almost every single day.
Infact, 25 litres of palm oil right now worth about thirty one thousand Naira(N31,000)..thats equivalent to 200 STEEM.
Thats a salary for minimum wage in Nigeria...
Though the value is nothing now due to poor economy, but to use such amount for palm oil is something..., thats huge..
It is one of the greatest comodities. Unfortunately, despite the fact that qe have good land in cultivating this.., Nigeria still get some from Malaysia..., though on rare occasions.
yes that's right,,
here the price of palm oil is cheap because in Indonesia it produces a lot of the oil,,, in Nigeria it is quite expensive because maybe not many farmers focus on palm oil but focus on other sectors.,,,the price of crude palm oil here reaches Rp. 10,500 rupiah or 3.5 steem
I will say..,thats quit cheap over there..., and yeah..., not many people engage in it here.
Yes, friend