Blog

What it will cost you to setup an oil palm plantation.

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”

From the 4th year of production, AN ANNUAL NET INCOME of N24 Million can be realized from the plantation after expenses for the next 40-57years.

Estimated as follows:
*Land Acquisition(N1,000,000 per acre)=N10,000,000
*Land Clearing/smooth Preparation =N600,000
————————
*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 N2500(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.
“60 palms seedlings per acre (600x N2500) =N1,500,000”

*The 10acres will require 5 bundles of wire-collar for protection against animal attacks.
Each bundles cost N35,000
5 bundles =N175,000.

*Professional mapping, protecting with the provided wire-collar, accurate mark-in-outs and planting of the whole 10acres=N300,000

TOTAL= N12,575,000

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) 20,000L/25litters=800 gallons.
Each gallons is sold within the range of 18–35k.
Therefore, N25,000 x 800gallons=N20,000,000
A Gross revenue of 20 million naira 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 N9,550,000 million.

Total income realizable is N29,550,000. While the annual operating expenses From the day of planting till the day of first harvest is put at N15 million.

This leaves us with a Net income of N14,550,000 million for you as the investor for the first year of production and an annual NET INCOME OF N24 Million after expenses for the next 40-57yrs

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 so 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.

5 thoughts on “What it will cost you to setup an oil palm plantation.

  1. OTTUN says:

    YOU DIDNT ADD COST OF PRODUCTION E.G. FUEL, SALARY, MACHINERY, CONTAINER/STORAGE ETC THAT LEADS TO OIL PRODUCTS

    1. Green Hybrid Empire says:

      The 15M for expenses covers it sir

  2. OTTUN says:

    I NEED YOUR SERVICES AT OGUN STATE FOR MY 10 ACRES TO PLANT THE OIL PALM AS YOUVE STATED HERE, THANKS

    1. Green Hybrid Empire says:

      Alright sir. Please give us a call via 08141156233 for further discussion.

  3. OTTUN says:

    MY NO 08059560593

Leave a Reply

Your email address will not be published. Required fields are marked *