As global demand for oil palm surges, savvy investors are turning to this crop to secure substantial returns and build generational wealth. JOE-T AGRO EMPIRE is at the forefront of this investment opportunity, offering comprehensive support for those looking to capitalize on the lucrative oil palm market.
Historically, oil palm has been a cornerstone of wealth creation in Nigeria, as exemplified by Chief Sir Louis Odumegwu Ojukwu, Nigeria’s first billionaire from the Eastern region, who built his fortune through oil palm investments. Today, with innovative uses and growing global demand, oil palm investors are poised to achieve multi-billionaire status.
Despite Nigeria’s potential, the country currently does not produce enough oil palm to meet its own needs, spending over $500 million annually on imports. This shortfall presents a prime opportunity for domestic production to thrive.
JOE-T AGRO EMPIRE offers a detailed investment plan for oil palm cultivation using 200 Hybrid Tenera oil palm trees. The initial cost of purchasing and planting these trees is estimated at ₦350,000, which includes protection wire. Maintenance expenses, including fertilizer and ring-weeding, are projected at ₦300,000 until the trees reach the fruiting stage.
Once mature, a 200-stand plantation of verified Hybrid Tenera oil palm can yield an annual return on investment (ROI) of at least ₦5 million for the next 40-50 years. Additionally, by-products such as palm kernels, palm fronds, and palm kernel shells can generate up to ₦2 million annually.
Investors can also inter-plant annual crops such as Giant plantain, Cavendish bananas, and Cayenne pineapples to generate additional income while waiting for the oil palm trees to mature, further increasing the value of their farmland.
JOE-T AGRO EMPIRE provides extensive support to investors, including access to advanced machinery like oil palm harvesters and extractors. We ensure a ready market for any quantity produced, guaranteeing our clients and investors a worthwhile venture.
For more information or to start your investment journey in oil palm, contact us at 08122237895 (call/WhatsApp). Our services are available nationwide, with our oil palm nursery located in Oluku, Benin, and a temporary depot in Enugu.