stagger:
Well, the case should be settled. But I hope everyone involved learns their lessons. This is my last contribution to this thread. 'Nuff said already!

Thanks for your contributions so far

dominique:



All we want is transparency and accountability. So far, the accused Lesguspnigeria is already on the right path to fulfil his part of the deal (even though the plot of land is a lot smaller than agreed). We hope his accuser will be more involved and come online to give us feedback. The idea of a third party is also welcome, as long as he or she is neutral and he gives us the real situation of things.

The replanted land area is what we are suppose to replant for OP which has been done.

Revenue from the cassava harvested initially have been disbursed to the OP.

If you are judging the size of the cassava farm from the pictures,you might misjudge,not until you visit the farm.


We have left the farm when one of my team reminded us that we need to take picture for feedback to the house and quickly rush to take pictures.

Thanks for your involvement in this.



Like I stated in response to @fluentiinfor
Personally I have nothing against the OP

I believe he was satisfied with the cassava he saw when he visited,if not he would have stated it when he posted the update except the size of the farm (which he can always come around to measure out for confirmation)

Infact,when he visited our plantain farm he begged me to help me replicate what he saw on his farm as well.

He still calls me few days ago on how we can be of help to him in respect to that and I told him I am always available to help and might be working out ways to do that.
From my discussion with him, I understand that he was too fast to create this thread maybe because of his current circumstances,and knowing fully well that what he initially thought by creating this thread might not be it,he had to withdraw back

I have never run and will never run away with anybody's money.
I have been open, transparent and gone the extra lenght in every business partnership either here or elsewhere
Good name is better than gold,that's why I have gone this length and still open to any further investigation by third party; ultimately making sure that the OP is satisfied and his expectations met.

dominique:



All we want is transparency and accountability. So far, the accused Lesguspnigeria is already on the right path to fulfil his part of the deal (even though the plot of land is a lot smaller than agreed). We hope his accuser will be more involved and come online to give us feedback. The idea of a third party is also welcome, as long as he or she is neutral and he gives us the real situation of things.

Thank you very much. It is obvious that the accuser is the one not communicating effectively, and it seems he has not been available from the beginning of the project. It seems he actually invested, and simply wants to get his dividend without any responsibility on his part.

Well, we weren't there when the contract was made; hence, the best we can do is to continue working with the farm manager. And maybe, the contract releases him from having any kind responsibility. We should still not blame him too. But I also hope he will come online soon.

The issue of third party who is neutral can be applied to other investments in this Agric section. Who is qualified to be? What is the process of choosing such person? What are his/her responsibilities? We can work on this and find an effective check for all investments here.

Madam, God bless you.

Lesgupnigeria:


Personally I have nothing against the OP.

I believe he was satisfied with the cassava he saw when he visited,if not he would have stated it when he posted the update except the size of the farm (which he can always come around to measure out for confirmation)

Infact,when he visited our plantain farm he begged me to help me replicate what he saw on his farm as well.

He still calls me few days ago on how we can be of help to him in respect to that and I told him I am always available to help and might be working out ways to do that.
From my discussion with him, I understand that he was too fast to create this thread maybe because of his current circumstances,and knowing fully well that what he initially thought by creating this thread might not be it,he had to withdraw back

I have never run and will never run away with anybody's money.
I have been open, transparent and gone the extra lenght in every business partnership either here or elsewhere
Good name is better than gold,that's why I have gone this length and still open to any further investigation by third party; ultimately making sure that the OP is satisfied and his expectations met.

Once again, thank you for your prompt responses.

Since the OP is not around yet, and it may be hard to choose a third party who is neutral without him, let us use another approach sir, if you agree. The third party issue can still come up later (if necessary).

Sir, to make everything clear and straight forward, and to save you unnecessary stress in the future, especially when you want to pay OP his dividends, you should clear some issues. I suggest you put everyone on the same page with you. It is for your own good. How should you do this? You do this by answering clearly all the questions below. Please, do not leave anyone unanswered. It is for your own good.

1. How much (total payments) has OP paid so far?

2. Please, could you list out the payments and the activities they are meant for?

3. How much was he suppose to pay if he had followed what is on the contract?

4. Based on the situation at hand, how much is he entitled to collect as his take home?

5. When do you think you will harvest the crop and be able to make sales in order to pay the amount you gave in 4 above.

NOTE: These are vital issues I have listed above. What is going to happen is that OP will accept or reject your responses. At the end, you might need to shift position, and likewise OP in order to agree. The new agreement will be what is going to be used.

Is this acceptable to you? If yes, kindly sit down, get your record on table, and give us answers to all the questions above.

I hope to read a wonderful and well detailed reponse from you. Please, answer all the questions. Do not leave anyone unanswered.

Thank you sir.

fluentinfor:


Once again, thank you for your prompt responses.

Since the OP is not around yet, and it may be hard to choose a third party who is neutral without him, let us use another approach sir, if you agree. The third party issue can still come up later (if necessary).

Sir, to make everything clear and straight forward, and to save you unnecessary stress in the future, especially when you want to pay OP his dividends, you should clear some issues. I suggest you put everyone on the same page with you. It is for your own good. How should you do this? You do this by answering clearly all the questions below. Please, do not leave anyone unanswered. It is for your own good.

1. How much (total payments) has OP paid so far?

2. Please, could you list out the payments and the activities they are meant for?

3. How much was he suppose to pay if he had followed what is on the contract?

4. Based on the situation at hand, how much is he entitled to collect as his take home?

5. When do you think you will harvest the crop and be able to make sales in order to pay the amount you gave in 4 above.

NOTE: These are vital issues I have listed above. What is going to happen is that OP will accept or reject your responses. At the end, you might need to shift position, and likewise OP in order to agree. The new agreement will be what is going to be used.

Is this acceptable to you? If yes, kindly sit down, get your record on table, and give us answers to all the questions above.

I hope to read a wonderful and well detailed reponse from you. Please, answer all the questions. Do not leave anyone unanswered.

Thank you sir.

I have painstakingly followed every of your comment, your sense of judgment has been a good pointer to resolving the issue on ground. Unlike some who in the past had similar challenges managing their clients' investments, yet... want to take advantage of this unfortunate incident to settle their old scores with the parties involved.
Thanks, God bless u.

OluchiDelly:


I have painstakingly followed every of your comment, your sense of judgment has been a good pointer to resolving the issue on ground. Unlike some who in the past had similar challenges managing their clients' investments, yet... want to take advantage of this unfortunate incident to settle their old scores with the parties involved.
Thanks, God bless u.

Amen to your prayer.

fluentinfor:


Once again, thank you for your prompt responses.

Since the OP is not around yet, and it may be hard to choose a third party who is neutral without him, let us use another approach sir, if you agree. The third party issue can still come up later (if necessary).

Sir, to make everything clear and straight forward, and to save you unnecessary stress in the future, especially when you want to pay OP his dividends, you should clear some issues. I suggest you put everyone on the same page with you. It is for your own good. How should you do this? You do this by answering clearly all the questions below. Please, do not leave anyone unanswered. It is for your own good.

1. How much (total payments) has OP paid so far?

2. Please, could you list out the payments and the activities they are meant for?

3. How much was he suppose to pay if he had followed what is on the contract?

4. Based on the situation at hand, how much is he entitled to collect as his take home?

5. When do you think you will harvest the crop and be able to make sales in order to pay the amount you gave in 4 above.

NOTE: These are vital issues I have listed above. What is going to happen is that OP will accept or reject your responses. At the end, you might need to shift position, and likewise OP in order to agree. The new agreement will be what is going to be used.

Is this acceptable to you? If yes, kindly sit down, get your record on table, and give us answers to all the questions above.

I hope to read a wonderful and well detailed reponse from you. Please, answer all the questions. Do not leave anyone unanswered.

Thank you sir.

Ok.
I have been away to where the network is poor reason for the late response.
.OP has paid about 300k from clearing to planting excluding the transportation.
Normally he should have paid for all the operations to be carried out on the farm (776k)
If not for the incidence that happen on the farm,profit is suppose to be shared 80% to the OP and 20% to us.

The cassava will be harvested and sold by first quarter of next year.

Lesgupnigeria:

Ok.
I have been away to where the network is poor reason for the late response.
.OP has paid about 300k from clearing to planting excluding the transportation.
Normally he should have paid for all the operations to be carried out on the farm (776k)
If not for the incidence that happen on the farm,profit is suppose to be shared 80% to the OP and 20% to us.

The cassava will be harvested and sold by first quarter of next year.

Cool bro.
From the above and with the first post of OP, I can deduce that he was suppose to pay N776,000 (N194,000/ha × 4hectares).

Revenue was suppose to be N375,000/ha × 4 = N1,500,000

Fine, these figure tally with what OP wrote on the first page.

OP paid about N300,000 according to you. It is very easy to know what OP will get in return. Please, return to your record and produce the exact amount OP has paid. Do not use about N300,000. Write the exact amount. This figure is the first vital information needed.

Look at this:
Old Cost of Production = N776,000.
Old Revenue = N1,500,000

So, you guys agreed that OP would have collected 80% of N1,500,000 and you would have collected 20% of N1,500,000 (please, check this statement here very well if it is correct as it is the second vital information needed to settle this issue).

New Cost of Production = ? (Give the real value and not about N300,000)
New Revenue = ?

We need to find 80% of New Revenue and this will be the amount you will give OP. Do not worry, if all information above is produced correctly, we can easily calculate this.

Please, check all I have written. Kindly correct any error. If you give me green light that everything here is correct, we will go ahead and use ratio of the old cost:new cost to find new revenue. Thenafter, we will calculate 80% of new revenue and that is what OP is entitiled to.

What we are concerned about is that you provide OP the amount we are going to arrive here.

Time of payement = First Quarter next year (January to April 2018).

fluentinfor:


Cool bro.
From the above and with the first post of OP, I can deduce that he was suppose to pay N776,000 (N194,000/ha × 4hectares).

Revenue was suppose to be N375,000/ha × 4 = N1,500,000

Fine, these figure tally with what OP wrote on the first page.

OP paid only N300,000 according to you. It is very easy to know what OP will get in return.

Look at this:
Old Cost of Production = N776,000.
Old Revenue = N1,500,000

So, you guys agreed that OP would have collected 80% of N1,500,000 and you would have collected 20% of N1,500,000 (please, check this statement here very well if it is correct as it is the most vital information needed to settle this issue)..

New Cost of Production = N300,000
New Revenue = ?

We need to find the 80% of New Revenue and this will be the amount you will give OP. Do not worry, if all information above is correct, we can easily calculate this.

Please, check all I have written here. Kindly correct any error. If you give me green light that everything here is correct, we will go ahead and use ratio of the old cost:new cost to find new revenue. Thenafter, we will calculate 80% of new revenue and that is what OP is entitiled to.

What is going to happen is that, it is no business of anyone how many hectares you have on ground. It is no issue if you take OP to another site. What we are concerned about is that you provide OP the amount we are going to arrive here.

Time of payement = First Quarter next year (January to April 2018).

You are right.
305k was made.

Lesgupnigeria:

You are right.

Please check my post again as I corrected it. Especially using about N300,000. Please use the exact figure. Is it N300,000 or another figure?. The exact amount is needed.

Lesgupnigeria:


You are right.
305k was made.

Thank you very much. OK. N305,000 was made.

Old Cost of Production = N776,000.
Old Revenue = N1,500,000


New Cost of Production = N305,000
New Revenue = N589,562

Therefore, OP will take N471,650. Deadline = April 2018.

Look at this and let me know if you have any question. If you think all is right, just quote this post and write the following statement:

" I agree to pay PK2000000 the total sum of N471,650 in April 2018"

This solves the issue and as soon as you fulfill this condition, you are free.

Anyone who knows OP should tell him to come online and let us know if this arrangement is OK with him. He needs to look at the amount he gave the farm manager, and also the new amount he is entitled to. And he should let us know if the time given by the farm manager to pay his dividend is reasonable enough for the plants he saw on the farm to be fully matured and sold.

fluentinfor:


Thank you very much. OK. N305,000 was made.

Old Cost of Production = N776,000.
Old Revenue = N1,500,000


New Cost of Production = N305,000
New Revenue = N589,562

Therefore, OP will take N471,650. Deadline = April 2018.

Look at this and let me know if you have any question. If you think all is right, just quote this post and write the following statement:

" I agree to pay PK2000000 the total sum of N471,650 in April 2018"

This solves the issue and as soon as you fulfill this condition, you are free.

Anyone who knows OP should tell him to come online and let us know if this arrangement is OK with him. He needs to look at the amount he gave the farm manager, and also the new amount he is entitled to. And he should let us know if the time given by the farm manager to pay his dividend is reasonable enough for the plants he saw on the farm to be fully matured and sold.

You did not put into consideration the100k that was made to OP from the sale of his cassava and also we have incurred expense and are still incurring expenses on the farm.
One more weeding will still be done on the farm before harvesting and the expense will be on us.
How did you arrive at your figures if I may ask?

Lesgupnigeria:

You did not put into consideration the100k that was made to OP from the sale of his cassava and also we have incurred expense and are still incurring expenses on the farm.
One more weeding will still be done on the farm before harvesting and the expense will be on us.
How did you arrive at your figures if I may ask?

This N100,000 is a new inforrmation which will be deducted from the amount he is entitled to.

Let me quickly break it down for you.

We are going to use ratio to make our calculation.

Old cost : Old Revenue
N 776,000 : N1,500,000
1 : 1.93

So, ratio 1 : 1.93 will be used for ONLY the payment he made. This means that instead of paying for 4 hectares, he paid only for 1.55 hectares. And we will base revenue on just 1.55 hectares. You do not need to collect one kobo from him again. Just go ahead and fund the project. What he is getting share from is 1.55 hectares of land.

Real Cost : Real Revenue
1 : 1.93
N305,0000 : N589, 562.
This is saying that the revenue for 1.55 hectares is N589,562

Interprepation: All the expenses you made after N300,000 is not to his advantage. He is only getting reward for the N300,000 payment he made.

Revenue is N589,562 for 1.55 hectares.
OP collects 80% = N471,650
Farm manager collects 20% = N117,912

OP collects N471,650 (80% of revenue)
N471,650 - N100,000 = N371,650 (N100,000 deduction, this is the amount he has been paid).

This arrangement means he will not give you one kobo till the end of the project. Means, no matter how small or big the farm is, you will be responsible for the management but at the end you pay him just N371,650 which is the dividend for his N300,000 after the deduction of N100,000 you have given him.

If you still have any question or you need more clarification, do not hesitate to ask.

fluentinfor:


This N100,000 is a new inforrmation which will be deducted from the amount he is entitled to.

Let me quickly break it down for you.

We are going to use ratio to make our calculation.

Old cost : Old Revenue
N 776,000 : N1,500,000
1 : 1.93

So, ratio 1 : 1.93 will be used for ONLY the payment he made. This means that instead of paying for 4 hectares, he paid only for 1.55 hectares. And we will base revenue on just 1.55 hectares. You do not need to collect one kobo from him again. Just go ahead and fund the project. What he is getting share from is 1.55 hectares of land.

Real Cost : Real Revenue
1 : 1.93
N305,0000 : N589, 562.
This is saying that the revenue for 1.55 hectares is N589,562

Interprepation: All the expenses you made after N300,000 is not to his advantage. He is only getting reward for the N300,000 payment he made.

Revenue is N589,562 for 1.55 hectares.
OP collects 80% = N471,650
Farm manager collects 20% = N117,912

OP collects N471,650 (80% of revenue)
N471,650 - N100,000 = N371,650 (N100,000 deduction, this is the amount he has been paid).

This arrangement means he will not give you one kobo till the end of the project. Means, no matter how small or big the farm is, you will be responsible for the management but at the end you pay him just N371,650 which is the dividend for his N300,000 after the deduction of N100,000 you have given him.

If you still have any question or you need more clarification, do not hesitate to ask.

Your problem solving skill is top notch, I doff my hat for you and respect your analytical mind, thank you for your intervention in this discourse and seeing to it that the issue on ground is resolved to a logical conclusion,

By all the the inputs you have requested from legsupnigeria after juxtaposing the figures we may come to realise that legsupnigeria may be innocent of the allegation -not that iam trying to preempt the result of your findings before concluding your investigation, just that the negatives counting against legsupnigeria is his inability to provide evidence ab initio.

Your impartial stance on this case seems to amaze me as other competition using this opportunity to damage his reputation,I honestly hope things work out well for legsupnigeria as regards this case so that this test case will be a springboard to boast his farm management business

commendable analysis & solution

Flaghouse1:



Your problem solving skill is top notch, I doff my hat for you and respect your analytical mind, thank you for your intervention in this discourse and seeing to it that the issue on ground is resolved to a logical conclusion,

By all the the inputs you have requested from legsupnigeria after juxtaposing the figures we may come to realise that legsupnigeria may be innocent of the allegation -not that iam trying to preempt the result of your findings before concluding your investigation, just that the negatives counting against legsupnigeria is his inability to provide evidence ab initio.

Your impartial stance on this case seems to amaze me as other competition using this opportunity to damage his reputation,I honestly hope things work out well for legsupnigeria as regards this case so that this test case will be a springboard to boast his farm management business

?

Flaghouse1:



Your problem solving skill is top notch, I doff my hat for you and respect your analytical mind, thank you for your intervention in this discourse and seeing to it that the issue on ground is resolved to a logical conclusion,

By all the the inputs you have requested from legsupnigeria after juxtaposing the figures we may come to realise that legsupnigeria may be innocent of the allegation -not that iam trying to preempt the result of your findings before concluding your investigation, just that the negatives counting against legsupnigeria is his inability to provide evidence ab initio.

Your impartial stance on this case seems to amaze me as other competition using this opportunity to damage his reputation,I honestly hope things work out well for legsupnigeria as regards this case so that this test case will be a springboard to boast his farm management business

Thank you for your comment.

I have learned a long time ago to get detailed info from all parties involved in disputes before saying too much. It is still unfortunate that OP is no where to be found and it is to his own disadvantage. Well, it just shows his kind of person. Damaging someone's name online is a serious crime. And running away after the damage has been done is far more serious. It is absolutely not acceptable.

On the part of the manager, like you pointed out, he was not able to quickly come out and give evidences which are simply figures. If he had spelt out the details of transaction, and the amount the guy paid him, and how he defaulted, people would have understood him. In fact, if I was the guy in charge, i would have stated on the contract that any breach of contract makes him forfeit certain benefits. And i would have listed "default in payment" as one. Does he expect me to sell my properties to finish his job? And he was here shouting someone duped him. He has not even come back online to say yes, he did not pay all. Funny that he wrote out all the expenses and profit accurately on his first post. But how come he forgot to tell us he paid less than half of the whole cost of production. Less than half. What can you call that? And he is still not online to come tell us that... ha...it is a lie oooo. I paid this amount and not N305,000.

It is good to learn to be a farm manager. Accountability is a skill you need which should be included in the curriculum of trainings organised for farm managers. Most trainings (including the one in Shonghai) simply turn their graduates to what we call farm laborers. Yes, they train people to be laborers and not managers.

When we sit down and remove facts from noise, we always get solution.

But the truth of this matter is that nairaland, Seun, Dominique, and other key people still do not know their responsibilties at all. The day they will "jam" what is above them by not acting responsible is the day they will know that "to serve" is to be responsible. To serve is not to ignore the cry of the people. Since Seun sent me just a single line email, he has not checked again. Dominique has dashed off too. The day will surely come since Seun has refused to correct this scam issue on this site. That day will come. You all should mark my words.

Since it seems there is no other competitor for nairaland at this point, my advice is that everyone should be careful. From this experience, nairaland for me is a platform genuine business is extremely hard to come by. There is absolute no check. I cannot see usage of professional and advance management skills with the way it is run. I pray nairaland does not end up like motorola and nokia that I used as examples previously.

You will all notice that two threads are pinned at the top of this Agric section as at today's date. Also, you will notice that Agric admin quickly created another thread which was the third pinned after this thread was opened. As soon as we spotted their flaws, and remember, i wrote that they will unpin it soon in order for it to sink naturally. So, can you see that it is exactly what they have done. Lol. If the thread was to their advantage, it will still be there. But they have unpinned it and it has sunk naturally. They delete posts they do not like at their will. These moderators are not ready to do anything. So, let us all just be careful. Yet, they will be the first to go to politics section to say Jonathan is clueless, Buhari is a dictator, Osinbajo is nothing, etc. May God help us all.

Will I put 100% blame on Seun? Nope. We must be honest with ourselves - over 99% Nigerians are not truthful. I can understsnd why he might refuse to take help or advice from people. Most are just opportunists. It may be from his previous experience that he has decided to do what he is doing. I do business and I know exactly what the book of Jeremiah meant - "The heart of man is desperately wicked". Come on! It is not just wicked BUT "desperately" wicked. This is really bad.

Personally, if I am going to use this platform for anything, i will just make some analysis and scrutinize who I feel is qualified for such project, and remove everything from this platform. This platform is good for the number of readers you can get. Anything outside that, be ready to tackle scams yourself.

@fluentinfor... Your figures are wrong. You are basing it on revenue and not on profit. So the figures both OP and the accused are sharing are wrong...
Far from that, I have observed keenly and read all through to the end of page 10 that I'm commenting now. First, farming is not as easy as it seems, the OP is to blame, I think legsupnigeria is just trying to save face, but I know if the person actually cultivated 4hectares from the beginning and funds dried up midway. In agribusiness , it's a waste and nothing can be done to remedied the situation. Agribusiness is not trading that u can assumes that if u are to buy 200pcs and u only have money for 80pcs, you just buy 80pcs and trade more to buy more units in future. That can only be corrected in agribusiness from the planning stage and not when the tractors has started rolling. So I will advise OP to even thank Legsupnigeria for his efforts because what he did is just to protect his reputation and not that he owed him. Then for legsupnigeria, try in future endeavors to do Agriculture insurance. You can consider IGI insurance.

olushowunm:
@fluentinfor... Your figures are wrong. You are basing it on revenue and not on profit. [s] So the figures both OP and the accused are sharing are wrong... [/s]
Far from that, I have observed keenly and read all through to the end of page 10 that I'm commenting now. First, farming is not as easy as it seems, the OP is to blame, I think legsupnigeria is just trying to save face, but I know if the person actually cultivated 4hectares from the beginning and funds dried up midway. In agribusiness , it's a waste and nothing can be done to remedied the situation. Agribusiness is not trading that u can assumes that if u are to buy 200pcs and u only have money for 80pcs, you just buy 80pcs and trade more to buy more units in future. That can only be corrected in agribusiness from the planning stage and not when the tractors has started rolling. So I will advise OP to even thank Legsupnigeria for his efforts because what he did is just to protect his reputation and not that he owed him. Then for legsupnigeria, try in future endeavors to do Agriculture insurance. You can consider IGI insurance.

I understand the angle you were coming from. Well, you are not in the position to say that using 80% and 20% of revenue for OP and the farm manager respectively is wrong. Sir, in one of my posts, I asked the farm manager to confirm if it is revenue they agreed on. And he said yes. So, why dont you wait for OP to come out and say... ha..it is profit we agreed on and not revenue. So, please, kindly wait. It is what they agreed on initially that should be used. Farm manager has confirmed it, let OP come out too. And if he doesnt, it is what the farm manager said that will be used. Or were you there when the transaction or contract was signed?

You are able to distinguish revenue from profit. Many cannot. It was the reason I used figures to ask what they agreed on. Since many people use profit wrongly, I suggest we keep off from using the terms here. Let us just work on the real figures they agreed on. Farm manager said the figure they agreed on was N1,500,000 to be shared using 80 : 20.

Bro, you should check it out too. If you remove N776,000 from N1,500,000 and then you ask OP to take 80% of that, is that a good one for him? Would you do it? What you are saying is that OP's take home should be N579,200. So, can you pay N776,000 and get N579,200 at the end of the day? Ha ba! Do your maths well before you make comments. I beg you. If you do not know how I arrive at this, I can elaborate more sir.

On the issue of insurance. Sure you are absoutely right; however, let us be very honest here. Do things work well in Nigeria? That insurance is not there should not be a reason not to find solution to this issue. And if insurance had been there, let us be honest...it may still not yield the best result. Do you think insurance company pray you have challenges? And do they really refund your cash when you need it to quickly get your business on track? I know someone whose refund was delayed and he almost forgot about it. If you mentioned insurance to that kind of person, you would visit a dentist cos he would knock out your front teeth. Lol. Just messing here bro. And insurance might find loopholes and they will not pay.

By the way, do you think including insurance which makes the cost of production higher will be attractive to most investors in Nigeria? They will be the one to tell you that please, remove insurance. Or is it OP that has failed to pay up to half of the cost of production that will be willing to pay for insurance? Many issues are attached here bro.

I am not justifying or criticising the farm manager. He has his weaknesses too obviously. But I am not happy with OP just for one reason, he is no where to be found. He is the only one who can tell us if it is the profit or revenue they base their sharing formular on. So, let us relax and wait for him to accept it or reject it.

We should all try to understand accounting principle which involves inventory management and risk management, and let us put Force Majeure into consideration..

How do logistics businesses handle financial plans of moving goods across ocean when shipwreck can happen anytime, when cargo plane can crash anytime? I agree it is still insurance people advise to get. We will be shocked that insurance can pull out a law or condition which exempts such payment.

Like I said, being a farm laborer is different from being a farm manager.

Bros, you wrote that the figures OP and the farm manager wrote are wrong. Na wa ooo. So, it is your figures that will be accurate? So, which figures are accutate? Can you show us? Are you a witness? I am confused.

fluentinfor:


Thank you for your comment.

I have learned a long time ago to get detailed info from all parties involved in disputes before saying too much. It is still unfortunate that OP is no where to be found and it is to his own disadvantage. Well, it just shows his kind of person. Damaging someone's name online is a serious crime. And running away after the damage has been done is far more serious. It is absolutely not acceptable.

On the part of the manager, like you pointed out, he was not able to quickly come out and give evidences which are simply figures. If he had spelt out the details of transaction, and the amount the guy paid him, and how he defaulted, people would have understood him. In fact, if I was the guy in charge, i would have stated on the contract that any breach of contract makes him forfeit certain benefits. And i would have listed "default in payment" as one. Does he expect me to sell my properties to finish his job? And he was here shouting someone duped him. He has not even come back online to say yes, he did not pay all. Funny that he wrote out all the expenses and profit accurately on his first post. But how come he forgot to tell us he paid less than half of the whole cost of production. Less than half. What can you call that? And he is still not online to come tell us that... ha...it is a lie oooo. I paid this amount and not N305,000.

It is good to learn to be a farm manager. Accountability is a skill you need which should be included in the curriculum of trainings organised for farm managers. Most trainings (including the one in Shonghai) simply turn their graduates to what we call farm laborers. Yes, they train people to be laborers and not managers.

When we sit down and remove facts from noise, we always get solution.

But the truth of this matter is that nairaland, Seun, Dominique, and other key people still do not know their responsibilties at all. The day they will "jam" what is above them by not acting responsible is the day they will know that "to serve" is to be responsible. To serve is not to ignore the cry of the people. Since Seun sent me just a single line email, he has not checked again. Dominique has dashed off too. The day will surely come since Seun has refused to correct this scam issue on this site. That day will come. You all should mark my words.

Since it seems there is no other competitor for nairaland at this point, my advice is that everyone should be careful. From this experience, nairaland for me is a platform genuine business is extremely hard to come by. There is absolute no check. I cannot see usage of professional and advance management skills with the way it is run. I pray nairaland does not end up like motorola and nokia that I used as examples previously.

You will all notice that two threads are pinned at the top of this Agric section as at today's date. Also, you will notice that Agric admin quickly created another thread which was the third pinned after this thread was opened. As soon as we spotted their flaws, and remember, i wrote that they will unpin it soon in order for it to sink naturally. So, can you see that it is exactly what they have done. Lol. If the thread was to their advantage, it will still be there. But they have unpinned it and it has sunk naturally. They delete posts they do not like at their will. These moderators are not ready to do anything. So, let us all just be careful. Yet, they will be the first to go to politics section to say Jonathan is clueless, Buhari is a dictator, Osinbajo is nothing, etc. May God help us all.

Will I put 100% blame on Seun? Nope. We must be honest with ourselves - over 99% Nigerians are not truthful. I can understsnd why he might refuse to take help or advice from people. Most are just opportunists. It may be from his previous experience that he has decided to do what he is doing. I do business and I know exactly what the book of Jeremiah meant - "The heart of man is desperately wicked". Come on! It is not just wicked BUT "desperately" wicked. This is really bad.

Personally, if I am going to use this platform for anything, i will just make some analysis and scrutinize who I feel is qualified for such project, and remove everything from this platform. This platform is good for the number of readers you can get. Anything outside that, be ready to tackle scams yourself.

From the above narrative, Naoraland needs to be reloaded/upgraded to Nairaland 2.0, which will need thorough forensic investigations on of all sections ,especially those relating to business transactions to be able to identify genuine business men and conmen,so readers would be aware of whom they are dealing with.

If they finally have a competition which I hope comes up soon, the moderators should sit up and attend to issues with maturity with a view of having prompt resolutions on them.

Flaghouse1:


From the above narrative, Naoraland needs to be reloaded/upgraded to Nairaland 2.0, which will need thorough forensic investigations on of all sections ,especially those relating to business transactions to be able to identify genuine business men and conmen,so readers would be aware of whom they are dealing with.

If they finally have a competition which I hope comes up soon, the moderators should sit up and attend to issues with maturity with a view of having prompt resolutions on them.

It is at advance stage forensic investigations are needed. There are still some very affordable tools and techniques which can be put in place.

Nigeria is static because we do not always set up our systems well. For example, the present constitution we have is better than the previous ones. We can imagine if the constitution we had during the military era is what we are using today. I am sure no one would have tagged anyone maradona. Why? Social media would have simply checked him.

Let me tell you why I think OBJ made sure everyone has mobile telephone service in Nigeria. From the info we had, it was a call he put through to maybe Ex. President Carter of the US that saved him, and he could not be executed sharp sharp (though this was a rumor but there was an element of truth in it). Look at our communication system today.

Talking about establishing a good system, look at our banking system. If Nigeria is not a fraudulent arena, trust me, we would have been rated one of the countries with the best banking system with what the present emir of Kano did to the industry.

And if the ex agricultural minister (Adeshina) had had 4 more years, I can imagine what would have happened to Agric in Nigeria.

We are our own enemies. We go against anyone who is doing the right thing. We do not listen to opinions of others when we think we are small gods. I am guilty of this too cos I am Nigerian. We should all do it well.

Simple checks here and there will help. Dont we have agric mods? Where are they? Have we read reasonable comments from them? Agreed they aren't super mods, are we the users suppose to be doing what we are doing now? What they want to do is to exonerate themselves from every dispute here just because they claim to have disclaimers. The question is that is it morally and ethically right for them to close their eyes to these issues? I doubt it.

Just watch bro. When it will be too late for them all, it will be like the kind of stunts Bruce Lee did in his movies. We call it "film trick". Lol. Na film trick e go be for dem eyes.

Just let us continue observing on HD screen.

fluentinfor:


It is at advance stage forensic investigations are needed. There are still some very affordable tools and techniques which can be put in place.

Nigeria is static because we do not always set up our systems well. For example, the present constitution we have is better than the previous ones. We can imagine if the constitution we had during the military era is what we are using today. I am sure no one would have tagged anyone maradona. Why? Social media would have simply checked him.

Let me tell you why I think OBJ made sure everyone has mobile telephone service in Nigeria. From the info we had, it was a call he put through to maybe Ex. President Carter of the US that saved him, and he could not be executed sharp sharp (though this was a rumor but there was an element of truth in it). Look at our communication system today.

Talking about establishing a good system, look at our banking system. If Nigeria is not a fraudulent arena, trust me, we would have been rated one of the countries with the best banking system with what the present emir of Kano did to the industry.

And if the ex agricultural minister (Adeshina) had had 4 more years, I can imagine what would have happened to Agric in Nigeria.

We are our own enemies. We go against anyone who is doing the right thing. We do not listen to opinions of others when we think we are small gods. I am guilty of this too cos I am Nigerian. We should all do it well.

Simple checks here and there will help. Dont we have agric mods? Where are they? Have we read reasonable comments from them? Agreed they aren't super mods, are we the users suppose to be doing what we are doing now? What they want to do is to exonerate themselves from every dispute here just because they claim to have disclaimers. The question is that is it morally and ethically right for them to close their eyes to these issues? I doubt it.

Just watch bro. When it will be too late for them all, it will be like the kind of stunts Bruce Lee did in his movies. We call it "film trick". Lol. Na film trick e go be for dem eyes.

Just let us just continue observing on HD screen.

@ bolded refers, I doubt if the agric mods have experience relating to agricultural discourse and business strategy in terms of how to develop the agriculture threads,simple checks would have gone a long way to nip all these suspected fraudulent cases ,

I believe in fairness ,and hold intergrity in high esteem and have come across a lot of Nigerians when you do business with them you tend to see that no matter the facade of intergrity the person is putting up at the end of the day will cheat you on business deals .like you said we are our own worst enemies,till date the OP has not come to the forum to counter legsupnigeria claims which is disheartening though,if not for the timely Intervention from people like you I wonder what would have remained to salvage from his already battered reputation, we should try and live above board in our dealing as Nigerians so as to bring back the good old days when trust, intergrity, empathy etc used to be part of daily anthem

until we seat to understand that agriculture needs more than "i give you money,i wait for result",things like this cant cease. Nairaland can improve as everyone too can. Wont blame both parties, because i presume many learnt more from this thread to improve in future. Agriculture too has its challenges, which insurance might not readily meet when expected. Merry Christmas in Advance.

fluentinfor:


It is at advance stage forensic investigations are needed. There are still some very affordable tools and techniques which can be put in place.

Hmmmmm!!!! This your articulate composition and 'wisdom of the ages' packaging dey make me look u one kind

fluentinfor:


This N100,000 is a new inforrmation which will be deducted from the amount he is entitled to.

Let me quickly break it down for you.

We are going to use ratio to make our calculation.

Old cost : Old Revenue
N 776,000 : N1,500,000
1 : 1.93

So, ratio 1 : 1.93 will be used for ONLY the payment he made. This means that instead of paying for 4 hectares, he paid only for 1.55 hectares. And we will base revenue on just 1.55 hectares. You do not need to collect one kobo from him again. Just go ahead and fund the project. What he is getting share from is 1.55 hectares of land.

Real Cost : Real Revenue
1 : 1.93
N305,0000 : N589, 562.
This is saying that the revenue for 1.55 hectares is N589,562

Interprepation: All the expenses you made after N300,000 is not to his advantage. He is only getting reward for the N300,000 payment he made.

Revenue is N589,562 for 1.55 hectares.
OP collects 80% = N471,650
Farm manager collects 20% = N117,912

OP collects N471,650 (80% of revenue)
N471,650 - N100,000 = N371,650 (N100,000 deduction, this is the amount he has been paid).

This arrangement means he will not give you one kobo till the end of the project. Means, no matter how small or big the farm is, you will be responsible for the management but at the end you pay him just N371,650 which is the dividend for his N300,000 after the deduction of N100,000 you have given him.

If you still have any question or you need more clarification, do not hesitate to ask.

Ok.No problem
Thank you.
The cassava will be sold and OP will be paid N371,650.

Let's hope OP can come soon and tell us if he accepts this final settlement.

Lesgupnigeria:

Ok.No problem
Thank you.
The cassava will be sold and OP will be paid N371,650.

Lesgupnigeria:

Ok.No problem
Thank you.
The cassava will be sold and OP will be paid N371,650.

Thank you again for your response. It is time for people who wrote on this thread, or on the other thread opened by the farm manager that they spoke with PK2000000 to speak with him again. Please tell him to come online.

Everything has time frame in life. It will be so terrible if he comes online in Jan/Feb 2018 to start ranting that he does not accept the conditions here. In fact, no one will take him serious.

Mr. Lesgupnigeria, please just continue with your work. Please, kindly make sure you get it right. If you do not, believe me, it will not be funny also as it will affect your business. But if you get it right, do not be surprise that many people here will start rushing you to invest in your business just because you keep to your words; hence, the ball is in your court.

Whether PK2000000 replies or not, just go ahead with the project. When dividend payment time comes, go to any of his bank branch and deposit the amount agreed here in his account (i hope you have his bank account details). And please come here and post the screenshot of the payment.

This is all from me except PK20000000 does not agree with us. And I give God the glory for using everyone here to reach an expected end. It is just a pity that the person who rushed to report the farm manager is no where to be found. Later, he will start saying it is PHCN, no card, no internet, no airtime, no water, no air, no nothing....lol. seriously, it is very irresponsible of him to accuse someone and not show up again.

Everyone keeps saying farm manager should pay for his transport to visit the farm but I kept silent. The truth is that doesn't he know he has to keep some fund aside for him to visit the farm from time to time? That should be part of his cost of production too. Mr. Lesgupnigeria, do not give him one kobo again for anything. Enough! He needs to be responsible too.

Well, Mr. Lesgupnigeria, the ball is in your court now. Will your reputation shoot high, and you gain more respect and even attract more blessings to yourself by making sure you fulfill your part of the deal? Or will you allow this issue to destroy a career you have been building?

Thanks to everyone who has contributed to this case. I, fluentinfor will step aside now and allow time to reveal the outcome of this issue. Well, I pray PK2000000 accepts all conditions here as that can be the only reason for me to come in again. I wish everyone best of luck.

Please, shine your eyes. There are many investments programs still advertised here on daily basis without any good check. Instead of wasting your sweat on a project with loss, why don't you invite us to a nice restaurant. We can do justice to that money that is itching your palms. Lols. Nice peppersoup with quality catfish ordered from a fish farmer here can be rewarding. If the cash is too much, we can invite a DJ who will move our spirit into a higher level playing good music depending on the choice of friends we invite to feast with us. This nairaland can provide us contact to even get some elderly reapected people. Kwam 1 songs can do justice. KSA sef na baba. We fit come top am with one fuji respected album. Teenagers and young adults too can feel Olamide, Wizkid and Davido with that money you want to throw away. A dey expect that IV. Lols.

E better like this than to just throw it away in an Agricultural MMM "wayo" deal. Who is ready to invite me?

Peace be unto you all

fluentinfor:


Thank you again for your response. It is time for people who wrote on this thread, or on the other thread opened by the farm manager that they spoke with PK2000000 to speak with him again. Please tell him to come online.

Everything has time frame in life. It will be so terrible if he comes online in Jan/Feb 2018 to start ranting that he does not accept the conditions here. In fact, no one will take him serious.

Mr. Lesgupnigeria, please just continue with your work. Please, kindly make sure you get it right. If you do not, believe me, it will not be funny also as it will affect your business. But if you get it right, do not be surprise that many people here will start rushing you to invest in your business just because you keep to your words; hence, the ball is in your court.

Whether PK2000000 replies or not, just go ahead with the project. When dividend payment time comes, go to any of his bank branch and deposit the amount agreed here in his account (i hope you have his bank account details). And please come here and post the screenshot of the payment.

This is all from me except PK20000000 does not agree with us. And I give God the glory for using everyone here to reach an expected end. It is just a pity that the person who rushed to report the farm manager is no where to be found. Later, he will start saying it is PHCN, no card, no internet, no airtime, no water, no air, no nothing....lol. seriously, it is very irresponsible of him to accuse someone and not show up again.

Everyone keeps saying farm manager should pay for his transport to visit the farm but I kept silent. The truth is that doesn't he know he has to keep some fund aside for him to visit the farm from time to time? That should be part of his cost of production too. Mr. Lesgupnigeria, do not give him one kobo again for anything. Enough! He needs to be responsible too.

Well, Mr. Lesgupnigeria, the ball is in your court now. Will your reputation shoot high, and you gain more respect and even attract more blessings to yourself by making sure you fulfill your part of the deal? Or will you allow this issue to destroy a career you have been building?

Thanks to everyone who has contributed to this case. I, fluentinfor will step aside now and allow time to reveal the outcome of this issue. Well, I pray PK2000000 accepts all conditions here as that can be the only reason for me to come in again. I wish everyone best of luck.

Please, shine your eyes. There are many investments programs still advertised here on daily basis without any good check. Instead of wasting your sweat on a project with loss, why don't you invite us to a nice restaurant. We can do justice to that money that is itching your palms. Lols. Nice peppersoup with quality catfish ordered from a fish farmer here can be rewarding. If the cash is too much, we can invite a DJ who will move our spirit into a higher level playing good music depending on the choice of friends we invite to feast with us. This nairaland can provide us contact to even get some elderly reapected people. Kwam 1 songs can do justice. KSA sef na baba. We fit come top am with one fuji respected album. Teenagers and young adults too can feel Olamide, Wizkid and Davido with that money you want to throw away. A dey expect that IV. Lols.

E better like this than to just throw it away in an Agricultural MMM "wayo" deal. Who is ready to invite me?

Peace be unto you all

I have always being fair,and go the extra length to make sure we make our partners&investors smile.
There are many things I can take advantage of in this deal that might be legally right but morally not okay for the business
Since we have cassava on his farm,its very easier to pay him.
I will not die if I said that I will not be able to pay him that amount;many people who has done business with me here knows that my yes is always yes and No is always No.
Definitely I will pay him.
You will also have to deduct the N15k we incurred for his transport to the farm

Thanks to you and all others who are not tempted to resort to name calling,biased comments due to the allegations made by OP.
You are one of those who just gained my respect.

pk2000000:
hello all, kindly read my story and advise

my name is folorunsho kayode, in 2016, i engaged mr yusuff gbenga adewale whom i met on nairaland, he is into farm management, we all know him https://www.nairaland.com/lesgupnigeria. I lived in the north, i sent him money to purchase a four Hectares of land for cassava plantation, i gave him money for cassave stems,planting, weeding, etc for the 4 Hectare of land, according to the schedule he sent to me, each Hectare is expected to yield N375,000, according to the schedule below, the the total yield for 4 hectare would be N1,500,000



STAGE 1 Farm Size 1 Hectare
Stage 1.1

Clearing 30,000
1 st Ploughing 7,000
2 nd Ploughing 7,000
Stage 1.1 total (N) 44,000

Stage 1.2
N350 per bundle
60 bundles/hectare

10 month improved cassava stem 21,000
Transportation of stems 30,000
Planting 12,000
Stage 1.2 Total ( N) 63,000

Stage 2

1 st weeding 9,000
Poultry manure 6,000
Application 7,000
Stage Total (N) 22,000

Stage 3

2 nd weeding 9,000
Poultry manure 6,000
Application 7,000
Stage Total ( N) 22,000

Stage 4
Stage 4.1 3 rd weeding 9,000
Stage 4.1 total ( N) 9,000
Stage 4.1.1 4th weeding 9,000
Stage 4.2 Harvesting 5, 000
Transportation of tubers 20,000
Stage 4.2 Total ( N) 25,000
Total Cost 194,000
Target yield 25
Price/ton 15,000
Revenue 375,000


now, my brothers and sisters the cassva has been harvested according to mr yusuff gbenga, and what he sent to my account is N100,000 as harvest yield for 4 hectares of cassava plantation He could not give any reasonable explanation to this ridiculous figures, right now he no longer picks my calls. this is the money am expected to use to pay my rent, i have been out of job since 2016, i have 5 children, now we have been given quite notice. please help me beg him to give me my harvest money, this is the business i thought would bring succor to my family after days of hunger and humiliation. his phone no is 08164628081. for any assistance on this issue kindly contact me on 08038177671. i also plead to admin to help put on front page, i want all Nigerian to contribute to this

oGA you get strong mind sha. You DAT down in the North and sent money even without seeing the land. Hope the farm he showed you was not an arangee if you know what I mean. Pray you get your money back sha

DUNKA:
oGA you get strong mind sha. You DAT down in the North and sent money even without seeing the land. Hope the farm he showed you was not an arangee if you know what I mean. Pray you get your money back sha

Did you bother to read through the entire saga or are u just another rabble rouser who feels he must say something no matter how dumb it is??

dynamix101:


Did you bother to read through the entire saga or are u just another rabble rouser who feels he must say something no matter how dumb it is??

lol

It is to Mr Gbenga's advantage if this is resolved correctly. I find it appalling that he keeps poor records and this is a downside to a lot of people. When you go into a business agreement with anyone, you must document every kobo spent in pursuit of the business after you have his or her consent.

You don't start adding figures as if they are an afterthought. The transport money should be tabulated and subtracted from what you anticipate to pay him. The land purchased for him should have the documents given to him.

And he, the OP still needs to show up.

Having said that, the accused business man still needs to clean house and restrategize as this is just one of the people who accused you.