How much is Oil Palm Seedlings at NIFOR?
The price of oil palm seedlings at NIFOR is ₦250 – ₦1,000 per seedling. The oil palm seedlings are priced based on their age and variety.
NIFOR is the Nigerian Institute for Oil palm Research. It has its office at KM 7, Benin - Akure Road, Benin City, Edo State.
You can contact the Nigerian Institute for Oil palm Research on (+234) 052 602 485 or send a Fax to (+234) 052 602 486 to know the price of their oil palm seedlings.
There are factors that determine the price of oil palm seedlings at NIFOR, the factors will be discussed in this article.
The Price of Oil Palm Seedlings at NIFOR
The table below shows the price of oil palm seedlings at the Nigerian Institute for Oil palm Research (NIFOR).
Variety of Oil Palm Seedling | Price |
NIFOR Oil Palm Seedling | ₦350 |
Malaysian Oil Palm Seedlings | ₦1,000 |
Supergene Oil Palm Seedlings | ₦1,000 |
Tenera Oil palm Seedlings | ₦2,000 |
Factors that determine the price of oil palm seedling at NIFOR
The below factors determine the prices of oil palm seedlings at Nigerian Institute for Oil palm Research (NIFOR);
Variety of the Oil Palm Seedlings
Hybrid oil palm seedlings are usually pricier than the open pollinated oil palm seedlings. For example, the hybrid oil palm seedlings from Malaysia are more expensive than our local open pollinated variety.
The prices of Supergene and Tenera oil palm seedlings are higher than the price of the local oil palm variety.
Age of the Oil Palm Seedlings
Younger oil palm seedlings are not as costly as older oil palm seedlings. Some oil palm farmers buy oil palm seedlings when they are as young as 6 months old. Some farmers buy the oil palm seedlings when they are as old as 1.5 years.
Time of Purchase
Another factor that determines the price of oil palm seedlings in Nigerian Institute for Oil palm Research (NIFOR) is the time of the year.
Oil palm seedlings are usually expensive during the planting season because of the demand by farmers. If you buy the oil palm seedlings during the lean time, you will save some costs.
Mode of Purchase
If you want to pay for the oil palm seedlings and take them away immediately, you may need to pay a premium as there is usually a waiting list at Nigerian Institute for Oil palm Research (NIFOR).
If you pay for the oil palm seedlings and join the waiting list, you may save some cost and buy cheap.
Do you want to buy oil palm seedlings from NIFOR? If yes, why not contact us on 08025141924 to guide you.
Read our latest article on how many oil palm trees in 1 hectare here.
