The cooperative farming investment option offers investors the ability to invest in smaller farm sizes of a minimum 1 hectare unlike the contract farming where 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, the cooperative member 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%
- Net profit (in produce is split 80:20 in favour of the contractor, expected to tk produce at the end of 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
Every investor / subscriber into the project is expected to be a member of the Agro News cooperative group.
Membership fee is N10,000. To apply and fill the membership form; click here
After submitting your membership application form and receiving your cooperative membership no, you can make subscribe and pay for your desired crop. Note; that all investors are expected to sign a legal agreement to acknowledge investment.
kindly go through the crop outline and cost estimates below.
To proceed further after selection contact us to activate the process
Phone- 07031097516, 08124788433, 07033861409