BATCH B

The link to Batch A
https://www.nairaland.com/4271513/roi-cassava-investment-far-better

Due to land scarcity, I was unable to accept more investors in March. I promised to look out for land against September when the second phase of planting will be done.
I have been able to secure just 60 Acres of ploughable land for this September phase. The other available lands ( over 500 acres ) has trees in it. So we are left with TWO Options:

Option 1 (Ploughable land)

The lease is for A YEAR and the breakdown to cultivate 5 acres is as follows:
BREAKDOWN
( for 5 acres of land)
LAND(LEASE): #5000 per acre x5 acres = #25,000.

PLOUGHING : #5000 per acre x5 acres = #25,000.

CASSAVA STEM: #37,500

SPRAYING : 8 bottles of herbicide for 5 acres @#1500 each = #12,000

WEEDING: #50,000 (#10,000 per Acre x 5)

LABOUR : #30,000 (planting @#5000 per acre= #25,000. Spraying @1000 per acre = #5000.) .

MISCELLANEOUS: #20,000. ( Supervision, Transportation, Feeding etc)

TOTAL = #199,500.

OPTION 2 (Virgin land with Trees)
The LEASE is for 5 YEARS

BREAKDOWN
( for 5 acres of land)
LAND(LEASE): #5000 per acre x5 acres = #25,000.(NOTE: THE #5000 IS FOR 5 YEARS)

BUSH CLEARING: #100,000 (@#20000 per Acre)

REMOVAL OF TREES: Ranges between #75,000 - #100,000 for 5 Acres.

PLOUGHING : #5000 per acre x5 acres = #25,000.

CASSAVA STEM: #37,500

SPRAYING : 8 bottles of herbicide for 5 acres @#1500 each = #12,000

WEEDING: #50,000 (#10,000 per Acre x 5)

LABOUR : #30,000 (planting @#5000 per acre= #25,000. Spraying @1000 per acre = #5000.) .

MISCELLANEOUS: #20,000. ( Supervision, Transportation, Feeding etc)

TOTAL = #399,500.

NOTE: The advantage that comes with option 2 is:
1) It will be used for a minimum of 5 years

2) Being a virgin land, we can plant PEPPER on it (RODO) and I can assure you that you will make all the money spent on opening the land from the first harvest.

3) Starting from the second year, it could be ploughed.

ESTIMATED RETURN AT THE END OF 9 - 12 MONTHS = # 400,000 - #600,000

For enquiries: agbajesaid@gmail.com. 0-7-0-3-9-5-3-0-4-2-7

CHALLENGES FACED IN BATCH A
We eventually had to weed because rain fell immediately after Spraying, thereby washing away the chemical

Part of the land was waterlogged, so we planted Rice on it to supplement the expected ROI

Planting season pls?

Pjossot:
Planting season pls?

from NOW till September ending

agbajesaid:
from NOW till September ending

OK sir. I will chat u on whatsapp

INVESTORS NEEDED
Earn 6-9% Returns on Investment (ROI) monthly plus quarterly bonus.
Our company is into the Mining/Supply of Mineral Resources sub-sector and need #100 million naira to meet the increasing demand from our local and international Clients.
We are located in Festac town, Lagos state.
Invest with us today and enjoy lucrative ROI.
Terms and conditions apply.

For calls/enquries 08054931445,08025947173
Watsapp only 08033702558
http://wealtharenacode..com/

Pls note: Only Serious Investors Should contact us.

Limited slots available.

10 ACRES BOOKED. 50 ACRES TO GO

agbajesaid:
10 ACRES BOOKED. 50 ACRES TO GO

5 more Acres booked. 45 acres to go

12 More Acres booked. 33 Acres remaining

agbajesaid:
12 More Acres booked. 33 Acres remaining

Send other details to - kerston202@yahoo.com .pls include account details. I wish to apply for 5acres.

wura2020:


Send other details to - kerston202@yahoo.com .pls include account details. I wish to apply for 5acres.

I have mailed you. thanks

The returns quoted is that profit or just returns? And does one have to reinvest again for subsequent years returns after the first year?

Trippledots:
The returns quoted is that profit or just returns? And does one have to reinvest again for subsequent years returns after the first year?

it's the Return sir and not the profit.
Re-investing is OPTIONAL

25 Acres booked. 8 Acres remaining.
Most people are avoiding Option B like a plague probably because of cost of maintenance.
But the advantages far supersedes the disadvantages

agbajesaid:
CHALLENGES FACED IN BATCH A
We eventually had to weed because rain fell immediately after Spraying, thereby washing away the chemical

Part of the land was waterlogged, so we planted Rice on it to supplement the expected ROI

is d return for an acre or for 5acre

marchemma:
is d return for an acre or for 5acre

the ROI is on 5 acres

This thread has been dormant, very sorry for that. We have been busy on the farm.
But this is the link to batch A where update still occurs once in a while. Its difficult updating 2 threads together. Probably we can merge the threads together.

https://www.nairaland.com/4271513/roi-cassava-investment-far-better

Well, I missed out on the first and second batch. Please do let us know when new intakes for the new batch begins.

Where's the location of this farmland?

Interested
Please where is the farmland located

Mysselff2:
Interested
Please where is the farmland located

EDE, AWO, OOGI, AGO OWU, ILA, all inOsun State

agbajesaid:
EDE, AWO, OOGI, AGO OWU, ILA, all inOsun State

Ok thanks