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Cost Of Setting Up A 10 Acres Of Oil Palm Plantation. - Agriculture - Nairaland

Nairaland Forum › Nairaland General › Agriculture › Cost Of Setting Up A 10 Acres Of Oil Palm Plantation. (10049 Views)

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Cost Of Setting Up A 10 Acres Of Oil Palm Plantation. by GreenHybrid(op):
Do you know you can start a small oil palm plantation now with even one acre of land with the aim of expanding later.?

With Our 100% guaranteed IMPROVED SEEDLINGS that starts producing from a maximum of 3yrs after planting, you’re fully assured to get the exact estimated returns sited at the end of this post.
———————
Note: From when it starts producing, Each harvest takes place every 2weeks and the process is continued till the palm tree reaches it maximum lifespan.(minimum 45yrs)
———————
*Below is an Estimated Analysis to Establish a “10 Acres Oil Palm Plantation” using Nigerian Naira as the costing currency.

THE SUM OF NGN8,830,000 WILL BE REQUIRED.

Estimated as follows:
*Land Acquisition(NGN600,000 per acre)=NGN6,000,000
*Land Clearing/smooth Preparation =NGN600,000
————————
*Matured Improved Seedlings Procurement🌴
———————

* Each of our Malaysian supergene palms seedling cost 3,300naira.(it starts producing from 2.5yrs) with a production of 12-45 bunches per stand, depending on how you maintain them.

Using standard spacing measurement of 9m triangular, each acre contains 60palms.
“Therefore, for 10 acres you will need 600 seedlings.
(600x 3,300naira) =NGN1,980,000”

*The 10acres will require 5 bundles of wire-collar for protection against animal attacks.
Each bundles cost NGN50,000.
5 bundles =NGN250,000.

*Professional mapping, protecting with the provided wire-collar, accurate mark-in-outs and planting of the whole 10acres=NGN300,000
========

TOTAL= NGN8,830,000
========

Note: There is room for negotiation and the cost can be greatly reduced if you already have the land to use.
The project scope can be higher or lower depending on your financial strength.

Private or corporate organizations can also set up this project and lease it out to individuals or corporate bodies on maturity. It is a way of diversifying the economy and also to create jobs and income opportunities for Nigerians. It is also one of the strategies for food security in the country and also in line with the transformation agenda of the country.

*🌴INCOME ANALYSIS🌴*

A matured plantation will annually start producing “4 Tonnes” per Hectare of Red Palm oil from the fourth year after planting. 20 Metric Tonnes of Oil can be obtained annually from 4 Hectares(10 Acres) Plantation.

One Tonne of Red Palm Oil=1000 liters.
Therefore, 10 acres= 20,000 litters of oil annually.
The oil is being sold per gallons(25 litters) 20,000/25litters=800 gallons.
Each gallons is sold within the range of 50,000 naira to 60,000 naira.
We will calculate using the worse case scenario 50,000naira.
Therefore, NGN50,000 x 800gallons=NGN40,000,000
A Gross revenue of NGN40,000,000 is obtained from Red Palm Oil.
We can also get 2.31 Metric Tonnes of Palm Kernel per Hectare annually.
This gives us 9.24 Tonnes from 10 acres.

This translates to annual income of NGN5,550,000 million.

Total income realizable is about NGN45 ,550,000, while the annual operating expenses From the day of planting till the day of first harvest is put at NGN20,000,000

This leaves us with a Net income of NGN25,550,000 million for you as the investor for the first year of production and a annual NET INCOME OF OVER NGN30,000,000 after expenses for the next 40-50yrs

There are still other sources of income such as palm fronds and palm kernel shells.

Investors are to note that Green Hybrid Empire Ltd is deeply Affiliated with the buyers of the finished product of Red oil.

The market is already eagerly waiting for you to bring in your finished goods regardless of how large the quantity is.

investors are fully welcome to be assisted in the realization of this worthwhile investment.

Address:
========

Our cooperate office is located at Shop 8, Juliet Complex beside MM2 Supermarket, By Hope Alive Junction, Ishor, Benin City.

Visitation is welcome but by appointment.

=======

Feel free to send your questions directly to our inbox or Call/WhatsApp us via +234 8141 156 233. Email:GreenHybridempire@gmail.com
Facebook/Instagram: Green Hybrid Empire Ltd.
Website: www.greenhybridempire.com
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Re: Cost Of Setting Up A 10 Acres Of Oil Palm Plantation. by ibawon(m): 9:53am On Feb 13, 2024
Agriculture is the key to solving poverty. Na man wey bellefull dey think of technical advancement. God bless you abundantly
Re: Cost Of Setting Up A 10 Acres Of Oil Palm Plantation. by bizzibodi(m): 3:18pm On Feb 27, 2024
GreenHybrid:
Do you know you can start a small oil palm plantation now with even one acre of land with the aim of expanding later.?

With Our 100% guaranteed IMPROVED SEEDLINGS that starts producing from a maximum of 3yrs after planting, you’re fully assured to get the exact estimated returns sited at the end of this post.
———————
Note: From when it starts producing, Each harvest takes place every 2weeks and the process is continued till the palm tree reaches it maximum lifespan.(minimum 45yrs)
———————
*Below is an Estimated Analysis to Establish a “10 Acres Oil Palm Plantation” using Nigerian Naira as the costing currency.

THE SUM OF NGN8,525,000 WILL BE REQUIRED.

Estimated as follows:
*Land Acquisition(NGN600,000 per acre)=NGN6,000,000
*Land Clearing/smooth Preparation =NGN600,000
————————
*Matured Improved Seedlings Procurement🌴
————————
We have two species of the oil palm seedlings.
1: The “Hybrid Tenera specie” and
2: The “Malaysian supergene specie”.

* Each of our hybrid tenera palms cost 800naira.(it starts producing from 3yrs) with a production of 5-22 bunches per stand, depending on how you maintain them.

* Each of our Malaysian supergene specie cost 2,500 Naira (it starts producing from 2yrs and 6months with a production of 12-45 bunches per Stand, depending on how you maintain them.)

For this analysis, We will be making use of the MALAYSIAN SUPERGENE SPECIE.

Using standard spacing measurement of 9m triangular, each acre contains 60palms.
“Therefore, for 10 acres you will need 600 seedlings.
(600x 2,500naira) =NGN1,500,000”

*The 10acres will require 5 bundles of wire-collar for protection against animal attacks.
Each bundles cost NGN25,000.
5 bundles =NGN125,000.

*Professional mapping, protecting with the provided wire-collar, accurate mark-in-outs and planting of the whole 10acres=NGN300,000
========

TOTAL= NGN8,525,000
========

Note: There is room for negotiation and the cost can be greatly reduced if you already have the land to use.
The project scope can be higher or lower depending on your financial strength.

Private or corporate organizations can also set up this project and lease it out to individuals or corporate bodies on maturity. It is a way of diversifying the economy and also to create jobs and income opportunities for Nigerians. It is also one of the strategies for food security in the country and also in line with the transformation agenda of the country.

*🌴INCOME ANALYSIS🌴*

A matured plantation will annually start producing “4 Tonnes” per Hectare of Red Palm oil from the fourth year after planting. 20 Metric Tonnes of Oil can be obtained annually from 4 Hectares(10 Acres) Plantation.

One Tonne of Red Palm Oil=1000 liters.
Therefore, 10 acres= 20,000 litters of oil annually.
The oil is being sold per gallons(25 litters) 20,000/25litters=800 gallons.
Each gallons is sold within the range of 15,000 naira to 25,000 naira.
We will calculate using the worse case scenario 15,000naira.
Therefore, NGN15,000 x 800gallons=NGN12,000,000
A Gross revenue of NGN12,000,000 is obtained from Red Palm Oil.
We can also get 2.31 Metric Tonnes of Palm Kernel per Hectare annually.
This gives us 9.24 Tonnes from 10 acres.

This translates to annual income of NGN5,550,000 million.

Total income realizable is about NGN17,550,000, while the annual operating expenses From the day of planting till the day of first harvest is put at NGN12,000,000

This leaves us with a Net income of NGNN5,550,000 million for you as the investor for the first year of production and a annual NET INCOME OF NGN13,000,000 after expenses for the next 40-50yrs

There are still other sources of income such as palm fronds and palm kernel shells.

Investors are to note that Green Hybrid Empire Ltd is deeply Affiliated with the buyers of the finished product of Red oil.

The market is already eagerly waiting for you to bring in your finished goods regardless of how large the quantity is.

investors are fully welcome to be assisted in the realization of this worthwhile investment.

Address:
========

Our cooperate office is located at KM 6 Benin-Lagos road, opposite Agen Aluminum off isihor. 5min drive from university of Benin main gate. Benin city.

Our oil palm nursery is located at plot 56 Evboneka community, near nifor along Benin akure road. Benin city.

Our coconut nursery is located at 07 winners street behind oluku market. Along Benin Lagos road. Oluku, Benin city.

=======

Feel free to send your questions directly to our inbox or Call/WhatsApp us via +234 8141 156 233. Email:GreenHybridempire@gmail.com
Facebook/Instagram: Green Hybrid Empire Ltd.
Website: www.hybridempire.com
[color=#990000][/color]
Nice one,do you sell d sprouted seeds of Malaysian supergene?how much?
Re: Cost Of Setting Up A 10 Acres Of Oil Palm Plantation. by chimexview: 11:34am On May 22, 2024
nice breakdown. kudos to you
Re: Cost Of Setting Up A 10 Acres Of Oil Palm Plantation. by Otiwaikuku: 9:01pm On May 22, 2024
bizzibodi:
Nice one,do you sell d sprouted seeds of Malaysian supergene?how much?
Pls do you have farmlands for sell too or if you can help to source for farmlands since you will be managing the business
Re: Cost Of Setting Up A 10 Acres Of Oil Palm Plantation. by bizzibodi(m): 10:14am On May 23, 2024
Otiwaikuku:
Pls do you have farmlands for sell too or if you can help to source for farmlands since you will be managing the business
Nay
Re: Cost Of Setting Up A 10 Acres Of Oil Palm Plantation. by ChriisDiamond(m): 10:23am On May 23, 2024
I'm genuinely interested in this.
But there are so many questions and expenses that wasn't listed here

1. Cost of digging/planting the seedlings (for 10 acres), application of fertilizer (if necessary) and weeding over the 3 year period before it starts producing
2. I seriously doubt clearing 10 acres is 600,000

3. Cost of harvesting 10 acres every 6 momths

4. Cost of processing the palm kernel into palm oil

5. Cost of buying 800 Jerry cans of 20litre

6. Cost of logistics - transporting the oil to where it's sold

7 Labour cost for all the above
1 Reply

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