In the spirit of the new plantain farm that just opened and closed recently, let me tell you a true-life story. 

Mrs. Okon was a government worker who needed to augment her income urgently. She couldn’t explain how she got there but she was there, swimming luxuriously in debt and the only way to get out was to take up another job or start up a quick turnover side business. Like the sharp Nigerian that she was, Mrs. Okon chose option C. She started thinking of a suitable side business that would help with her predicament.

What to do? What to do? Mrs. Okon was confused. One day on her way from work, the bus stopped at this terrible junction known for traffic. There were so many road sellers at this junction too and as usual, she bought her sweet plantain chips and as she sat back to enjoy it, it hit her hard. She could make and sell her own plantain chips too! 

Examining her chips closely the way a NAFDAC officer would examine a new food product, she noted the number of people who had bought plantain chips in the bus, which was over 90% including driver and conductor. She noted that this particular chips maker had no real packaging or name in fact, yet she and many other Nigerians bought it almost everyday as snacks. Mrs. Okon decided there and then to revolutionize plantain chips business in Nigeria!

So she set to work, did a bit of research, watched YouTube videos, asked questions and with a small capital of 10k started her plantain chips business. Her selling point was the fact that her chips were fresh, no additive, prepared to customer taste (either salty, overripe, under-ripe, peppery, she got everyone covered). Hardwork + passion + determination + consistency = a thriving Okon Chips sold everywhere possible. Mrs Okon supplied all the shops in her area, all the shops around her work area, her church, her husband’s work, her children’s school, her friends neighborhood….not long after, Mrs Okon went into subsistence agriculture, farming her own plantain in her backyard, selling both plantain chips and plantain bunches. This was how she was able to get out of the pool of debts she had been swimming in.

The point of this story is that agriculture is lucrative. If you’re looking for a great business and don’t know what to do, try farming or selling farm produce or supplying the equipment and technology needed to make farming easier or investing with agrotech companies like Menorah Farms….the opportunities in agriculture are endless! 

You still don’t believe me? Alright let me share with you some other ways you can make money from plantain in Nigeria:

Plantain flour – A lot of Nigerians are just discovering how healthy plantain ‘amala’ is. In fact, it could be dried and turned into flour or prepared in its normal unripe state.

Plantain suckers – Got a plantain farm and still wondering what to do with the suckers? Well, great news for you:  plantain suckers is a very high commodity that could fetch you extra income.

Plantain cake – like moimoi, plantain cake is a locally made dish made from a combination of ripe plantain, ripe banana and plantain flour from unripe plantain. This is one of the most under-explored yet most healthy plantain dish ever.

Plantain bark for medicine – for making the famous ‘ agbo’ (locally made medicinal drink) Nigerians love.

Plantain leaf for wrapping – Can serve as a wrap for moimoi or plantain cake.

Roasted plantain (a.k.a bole) – paired with groundnut, divine!

Remember this, if you’re looking for a great business to do or a sector to invest your money, don’t think much, turn to agriculture. The opportunities in agriculture are endless!