A high number of Nigerians are unable to realize their desire to farm and to invest their funds in farming of profitable crops during the annual crop farming season as a result of challenges which include but not limited to;
- Lack of Time
- Lack Of Access to Lands
- Insufficient Capital To Practice Mechanized Farming
- Lack of Expertise
- High cost of setting up structures for small scale farmers
Agro News Nigeria offers the general public and investors the opportunity and platform to farm and own farm lands through our highly successful farm estate. contract and cooperative farming plans.
The cooperative farming investment option offers investors the ability to invest in smaller farm sizes of a minimum 1 hectare while the contract farming offers a minimum 20 hectare farm land is required.
The entire process of crop production from land acquisition / lease, land development, cultivation, management up to harvest is done by Agro News Nigeria.
Under this farming arrangement, investor /the contractor has the option of receiving return on investment on the farmland converted into money or has the option of also receiving produce at agreed yield at harvest.
Where the investor decides to receive produce at the end of harvest, it is at his discretion to decide which crop he wants the cooperative to farm for him or her.
Under the contract farming option, the minimum hectare subscription is 1 hectare for each crop.
Key Facts You Should Know About the Contract Farming
- Minimum 1 hectare subscription
- Agro News Nigeria manages the farm 100 per cent.
- Processing fee is not applicable where investor decides to go for a monetized return on investment.
- Net profit (in produce is split 70:30 in favour of the investor, expected to take produce or money equivalent at the harvest.
- Farm covered by insurance from NAIC (Nigeria agricultural insurance company)
Our Focal Crops;
At the moment Agro News Nigeria have the capacity, expertise, experience and spread (land)to develop the following crops:
- Sesame seed
- Bambara nut
- Soya beans
- Oil palm
PROCEDURE TO START THE PROCESS
- Apply to become a member of the cooperative Investment group. All non members are expected to fund a minimum 10 hectare as external investors. Members can own a minimum 1 hectare farm land. Membership fee is N10,000.
- Select the desired crop.
- Make full or installmental payment to fund the farm(s) to be developed
- Get agreed return on investment or produce at harvest.
Note; that all investors are expected to sign a legal agreement to acknowledge investment.
To apply, fill the membership form below and select cooperative farming;
kindly go through the crop outline and cost estimates below.