Red Palm Oil Plantation is one of the most useful plants in the world. There’s nothing in palm tree that is not useful, from the fruit to the palm frond, everything is used for one thing or the other that brings benefit to man. The use of red oil palm fruit to extract edible and useful red oil has been in practice all over the world for many centuries, the palm frond has been used to make house hold furniture, broom sticks, baskets and many more. Almost the entire economy of countries such as Malaysia depends of palm oil plantation and exportation, making the country one of the biggest players in the palm oil industry and account for the estimated 5% of global productions.
Malaysia is currently producing more than 20 million tons of palm oil and holds the second largest palm oil producer position in the world. Rumor has it that they got their palm trees from Nigeria. Imagine the impact that the palm trees have had on a developing nation like Malaysia, how much so Nigeria that has the perfect climate and soil composition for the palm tree. Farming palm trees gives you several income avenues, from selling the edible fruits/ palm oil to making furniture from the palm frond and distributing, whichever way you go, you cannot go wrong with the palm trees. Although, the palm tree is a long term commitment, after maturity it becomes a lifetime income source because the trees can literally last a lifetime.