Youth advised to invest in coconut farming

The owner of Mega Farms, Mr Samuel Obuobi, has described coconut farming as very lucrative, and has, therefore, advised the Youth to invest in the sector.

Speaking to the Ghana News Agency (GNA), he indicated that the demand for coconut had increased over the years, and that had affected the price and the profitability of the product.

Mr Obuobi observed that coconut can be eaten fresh or dry, and so at any time of the year, the farmer is assured of some income.

He said, coconut farming needs capital and adequate time to cultivate, but the earnings are good.

Mr Obuobi said, he has customers coming from mostly Accra, Suhum and sometimes Koforidua, to buy from his 10-acre farm at Nsawam, and the price often depends on the size of the fruit and the demand on the market.

He said the demand is high during the dry season, and he can sell two kia trucks to his customers every three weeks.

Mr Obuobi expressed the hope to expand the farm to increase his production to get more income. 

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