Abstract
Oil Palm cultivation represents one of the most effective methods of impacting on the society of Nigerians who trade on this commodity, thereby reducing poverty and ensuring food security. This study determined the analysis of optimum replacement age of extension work seed in Nigeria in order to sustain the flow of income accruing to farmers. Secondary data was collected from the Nigerian Institute for Oil Palm Research (NIFOR). Data collected were analysed using profit maximization replacement model. The replacement model results reveal that the optimum age of oil palm replacement was 24th year. For continual flow of benefits to the farmers, the Oil palm plantations should be replanted after every 24th year of economic exploitation. It is economically advisable to use new but identical oil palm seedlings to replace an old oil palm plantation.
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