Farmers in Southern Kaduna are expected to generate N5.850 billion annually from Rubber plantation, according to Dr. Wuranti Valla, an official of the Rubber Research Institute of Nigeria (RRIN), Benin.
Valla, a Chief Research Officer in the institute that 52 farmers, including the state government, had cultivated about 52 hectares of rubber plantations in six local governments.
“Of the 52 farmers, 12 are from Manchok town in Kaura Local Government. They cultivate a total of 12 hectares of rubber plantations. The least farmer has 450 rubber trees while some have up to 2000 trees,” he said.
According to him, farmers in Manchok, who planted in late 2007 when RRIN introduced the Rubber Project in the southern part of the state, have commenced tapping since October 2017.
He said that the State government’s plantation, which is located in Sanga Local Government, was also being tapped.
Valla, who described the project as a huge success, said that the farmers would “soon start smiling to the bank after about 10 years of investment, labour, hard work and endurance”.
He said that each hectare contained 450 rubber trees, adding that a kilogramme of rubber currently sells at N250 in the international market.
“Rubber is money because a single three can produce about 1,000 kilogrammes of rubber annually. If you multiply N250 by 1,000, you will get N250,000 annually per tree.
“For those with 450 trees, it means N112.5 million per hectare. If you value the 52 hectares being cultivated in the area, we are talking of about N5.850 billion annually.
“The market is there because the demand for rubber is high. It is the major raw material for companies manufacturing tyres, tubes, shoes, condoms, balloons, hand gloves, surgical instruments, among many others uses.
“Already, there is a company from Delta State that has commenced tapping of about three farms in Manchok, but RRIN is making arrangement to buy off the rubber directly from the farmers to ensure a ready market,” Valla said.
He said that agro-allied industries would soon spring up in the area following the growing of rubber plantations.