₦airaland Forum

efigwe:
Do you know Farmforte also have an office in Ibadan around Bashorun area?

You can check them up there.

Nothing dey there!!!! These are professional fraudsters. Go there and see for yourself.

Saveroflife:
So what is the latest update now on the payment so far?

Based on the webinar on Friday 18th February, All payouts will be halted for the next five months. From the fifth month of the halt, interest payments will commence. Payments will be split into three tiers, starting July, then October. The final payment will be made by the first quarter of 2023, which will include interest and principal.

But believe me that this is just delay tactics to buy time and frustrate investors. Una money don burn in fire never to be recovered (By men's standard). You have fallen into the hands of corporate fraudsters. Sad but that is the simple truth. Unfortunately there is no justice in this country except you surrender these guys into the hands of the Almighty of God, whose judgement is just, final and there is no appeal. Do this and see what will happen to them.

easrael:
Agrictech platform Agropartnerships a subsidiary of a value chain development firm Farmforte, has restated its commitment to the sustainable development of the Agri-business value chain in Nigeria.

The company made this known, recently, while assuring investors of the total safety of their investments in the business, amidst new payout cycle timelines.

In recent weeks, many partners have had to deal with delayed cycle payouts, caused by global supply chain disruptions, resulting in huge losses worth millions of dollars, which also impacted the company’s ability to acquire and replace critical machinery at processing facilities, as well as the unforeseen impact of the COVID-19 pandemic on business operations.

However, while restoring investor confidence in a recent video statement, Uyi Osayimwense, Co-founder and Co-CEO, Agropartnerships, assured that the company will not waver from its vision to foster collaborative development in the agri-business ecosystem, leveraging innovation to enable progress for everyone across the value chain.

“We take full responsibility for the unexpected, delayed cycle payouts, experienced by many of our partners in recent weeks and we have taken all the necessary measures to ensure that we do not see a repeat of this incident, while ensuring everyone gets their payout eventually. We appreciate the huge trust and confidence reposed in us and want to assure every investor that their funds are safe with the business, while we work on achievable timelines to clear all pending and outstanding payouts” said Uyi.

Commenting on the impact of the challenge and the commitment to satisfying all partners, Osazuwa Osayi co-CEO Agropartnerships described the period as a challenging phase that the company has learned from to be better. “The team of experts that we have brought on board, our critical analysis of major gaps alongside the unflinching loyalty that you have shown through this period, have strongly helped us navigate this season.

As part of efforts to adequately inform investors about its new phase of growth, the company has scheduled a town hall meeting for Friday, February 18, 2022, to expand on outstanding concerns and the overall business outlook for the year. Agropartnerships will also be looking to provide all cycle payment timelines at the town hall meeting, in a bid to restore investor confidence for new and existing stakeholders.

See link to Agropartnerships CEO's video: [url]
https://www.youtube.com/watch?v=vHMPpaP96cM [/url]

You have missed the issue. Agropartnership is in BREACH OF A CONTRACTUAL AGREEMENT with investors. Cashew 04 Cycle matured on Wednesday 15th December 2021 and you have defaulted. You are not in default by 1 or 2 months but you are proposing a repayment plan that terminates 1Q2023. Do you think that you are dealing with fools? You keep emphasizing that investors funds are safe with you. Is that the issue? Prove it and pay them their money. NEMESIS will catch up with you people soon. I am certain about that. It is just time!!!

Dear Mr Uyi Osayimwense. I disagree strongly with your claims that the supply chain and Covid-19 pandemic negatively impacted your organization for the following reasons:

1. You used investors funds to acquire a KAYVEE micro finance company in August 2021. Firstly, world economies were already in recovery mode. secondly, you do not use short-term funds for long term investments. This is a very basic investment principle/concept. I am not surprised that you guys did that. A review of your profile on Linkedln shows that you have no work history cum antecedent.

2. You also used their funds to establish a cashew processing factory in November 2021. Same mistake as above.

3. As a result, you and your co-founder and CEO, Osazuwa Osayi have not been able to meet your financial obligations to your investors.

4. You sent several mails and had a webinar on 18th January 2022 stating that payment has commenced for investors with 1-2 units (N95K/unit). You also stated that all payments will be completed by April 2022.

5. You have just sent a mail today stating that payments will be suspended for 5 months till July 2022. And that Payments will be in 3 installments ending 1Q2023.

6. You have abandoned your Lekki office since 18th December 2021 so that you cannot be served court papers. Photo is attached.

7. There is no sincerity on your part. You are using this video to deceive the general public. Another one of your corporate propaganda that even deceived CNN. It is a big shame!!!

8. Lastly, pay investors their money!!! Shikena!!! You can keep using delay tactics to buy time and frustrate investors. No problem, you can only run for a while. Bible says that THERE IS NO PEACE FOR THE WICKED.

jamace:
Please add their bank account details, names of managers and their phone numbers, etc. It is good to know the people behind the scam scheme.

Osazuwa Osayi and Uyi Wense are co-founders and CEOs of Agropartnership powered by Farmforte. Let me add to your woes, their revised payment plan means that the earliest time you will receive payment is now July 2022 instead of April 2022 and this will run into the 1Q2023.

Secondly, they have abandoned their Lekki Office since 18th December 2021 so that you will not be able to serve them court papers.

See extracts of their recent mail to me below
I hope my email finds you well.

This email is to update you as we have promised.
We want our high-priority investors to be constantly engaged and in good time.

Firstly, we will be holding a follow-up webinar on February 18, 2022. During this session, the co-CEOs will shed more light on the current situation and announce our go-forward payment plan in detail.

Secondly, I will be sharing top-line insights on the announcements to be made during the webinar. Please see them listed below:

All payouts will be halted for the next five months.
From the fifth month of the halt, interest payments will commence. Payments will be split into three tiers, starting July, then October. The final payment will be made by the first quarter of 2023, which will include interest and principal.
A deep dive into the payout framework and the rationale for this plan will also be shared during the session.

As your Relationship Manager, I am on standby for any clarifications you may require. Please feel free to contact me with any questions or concerns.

Email: igiehon@farmforte.com

Phone number: 09153294631

Thank you

Best regards,

Igiehon Sharon Ehimwenma.


--
Igiehon Sharon Ehimwenma

Relationship Manager

+2349153294631

Saveroflife:
So what is the latest update now on the payment so far?

Your funds has been used to open a Cashew Processing Factory in Benin City. Edo State Governor, Mr Godwin Obaseki, inaugurated the factory. Check video out on Linkedln for more details. Extract is below for your information. They deliberately disenabled the comments section so that you will not put sand inside their Garri. Our Money don lost!!!!

We are excited to announce the opening of our new cashew processing facility situated in Benin City, Edo State. This processing facility is equipped with state-of-the-art machinery and a production capacity of 5,400 MT per annum. This development reaffirms our commitment to sustainably scale up cashew processing, create jobs, and improve livelihoods for farmers and communities.

At Farmforte, we are reinventing Nigeria’s cashew industry by investing in a world-class processing plant which can process large amounts of cashew at export standard. Presently, we source raw cashew from local smallholder farmers and make sure Kernel out-turn ratio (KOR) is 49 and upwards to ensure maximum quality”.

To read more about our business updates visit https:///d3VGwYQ.

#Farmforte #CashewNuts #Cashews #CashewProduction #SG2 #SDG9