The price of oil palm seedlings in Nigeria depends on a lot of factor. These factors will be explained later in this article.
Price of Oil Palm Seedlings in Nigeria
The Price of Tenera Hybrid Oil Palm Seedling
The price of Tenera oil palm seedling is N1,500 per seedling if the seedling is 1 year old. A 2 year old Tenera oil palm seedling is N2,900.
The Price of Supergene Oil Palm Seedling
The price of a seed of Supergene oil palm seedling in Nigeria is N1,400. This price varies as per different vendors.
The Price of NIFOR Oil Palm Seedling
The price of NIFOR oil palm seedlings is N1,200 for a one year old seedling. The two year old NIFOR oil palm seedling is N2,400.
The Price of Pisifera Oil Palm Seedling
The price of Psifera oil palm seedling in Nigeria is N1,600 for the one year old seedling. For the two year old Pisifera oil palm seedling is N2,700.
The Price of Dura Oil Palm Seedling
The price of Dura oil palm seedling is N1,000 for the 1 year old seedling. The price of the 2 year old Dura oil palm seedling is N1,900.
Factors that Determine the Price of Oil Palm Seedlings in Nigeria
The following factors impact the price of oil palm seedlings in Nigeria:
Hybrid or Open Pollinated Oil Palm Variety
Hybrid oil palm seedlings are always pricier than open pollinated oil palm seedlings in Nigeria because it takes more efforts, time and expertise to breed hybrid oil palm varieties. Most hybrid oil palm varieties are also imported into Nigeria; this makes them more expensive than the local open pollinated varieties.
The Age of the Oil Palm Seedlings
Oil palm seedlings are usually transplanted to the field at the age of 1 – 2 years. The price of a 1 year old oil palm seedling is usually lesser than the price of a 2 year old oil palm seedling. This is due to the time needed to nurse older oil palm seedlings.
Importation of Seedlings
Imported oil palm seedlings are usually more expensive than locally produced oil palm seedlings. The devaluation of the local currency has made importation very expensive.
Have you recently bought an oil palm seedling? If yes, why not tell us the price in the comments’ section.