INVESTMENT IN OIL PALM TREE PLANTATION
DURING HYPERINFLATION, INVESTMENT IN CASH CROPS LIKE PALM TREES IS THE ANSWER - ECONOMIC EXPERT By Okey Emmanuel Odewaiwai An economic expert, Dr Paul Uzum has said that keeping money in the bank is the most stupid thing to do in times like this when there's hyperinflation. Indeed, inflation in Nigeria today is turning millionaires to paupers as our Naira is now sharing value with tissue papers. There's palpable fear in the land on how to save our hard earned currency. Many are buying Dollars - the reason the dollar is turning to gold and souring up in value. But the economist is equally sounding danger signal as one single policy by the government can equally endanger your dollar savings. Investment in landed property has become one solid beacon of hope and palm oil plantation unarguably is one angle that will guarantee continuous returns annually without being watered down by inflation. The beauty of palm plantation is its very low maintenance cost. And, apart from land, t...