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WHAT IS THE COST OF 25 LITTERS OF PALM OIL IN YOUR AREA?


After expenses, Do you know you can make upto 1 million naira from your one Hectare of oil palm plantation?

Let’s start with showing you your profit and the Sum of what it will cost you yearly to setup and manage a “one hectare” of oil palm plantation using THE HYBRID TENERA oil palm seedlings.
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*Using stand spacing measurement of 9 meters triangular, each hectare contains 150 seedlings.
*Each seedling cost N800
N800 x 150 seedlings =N120,000

*Smooth cleaning and preparation of the plantation will cost N100,000

*Mapping, planting, and protecting with wire collars cost N350 per stand.
N350 x150palms=N52,500

*You will need one bundle of wire collars to protect them against animal attacks. Each bundle cost N35,000

*You will need two bags of NPK 20:10:10 for 3yrs years.
Each bag cost N58,000
N58,000 x 2bags=N116,000

*Application of fertilizer cost N200 per stand and it is done twice annually.(at the beginning of the yearly rainfall “April/may” and at the ending of the yearly rainfall “August/September”
N400x 150=N60,000

*Ring wedding is done 4 times annually depending on the growth of weeds in your farm.
Each Stand cost N400.
N400 x150palms=N60,000

Total=N543,500

Lastly, you will need to do slashing twice annually ( slashing is like clearing the grasses in the whole farm but just that it won’t be as smooth as when you wanted to start the planting. It is done so that the grasses does not grow to become too thick.) The price for the slashing varies depending on the location of the farm.
And you can avoid doing slashing if you decide to use cover cropping method to tackle weeds in your plantation once and for all. Scroll down to check out the well detail posts we have on controlling weeds in oil palm plantation with Pueraria (cover crop)

*🌴INCOME ANALYSIS🌴*

A matured plantation will annually start producing “1.3 Tonnes” per hectare of Red Palm oil from the fourth year after planting.

One Tonne of Red Palm Oil=1000 liters.
Therefore, 1.3tonnes = 1300 litters of oil annually.
The oil is being sold per gallons(25 litters) 1300/25litters=52gallons.
Each gallons is sold within the range of 18–35k.
Let’s use 25k per gallon. N25,000 x 52gallons=N1,300,000

We can also get 0.77 Metric Tonnes of Palm Kernel per hectare annually.

This can translates to a minimum annual income of N600,500

Total income realizable is about N1,900,500 while the annual operating expenses is put at (extraction of oil) N180,000.

The Planting / Maintenance of the plantation and the cost of extracting the first oil in the forth year will be N723,500.

This leaves us with a Net income of N1,177,000 obtained after subtracting the total cost of maintenance for the past years.

So, From the 5th year, Your Minimum NET INCOME WILL BE N1,500,000 annually for you as the investor for the next 45-57yrs.

NOTE: “This analysis is based on the least possible outcome of the plantation i.e if it lacks the maintenance as prescribed above.
It is also calculated based on the least possible price outcome of the oil in the market.”

There are still other sources of income such as palm fronds and palm kernel shells.
Oil palm seedlings is a rare Gold, do you own research to confirm this analysis before venturing into the business.

NOTE: “Green Hybrid Empire Ltd is not an investment firm that ask you to bring money so we can invest for you. We only sell the seedlings to you and give guidance on how to properly manage the plantation for maximum results.”

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.

Address:
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Our cooperate office address is at 05 Stanly Kunu street, beside S&T barrack. Opposite Jonny guest house. off isihor. Benin city.

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Our oil palm nursery is located at plot 56 Evboneka community along Benin akure road. Benin city.
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Our coconut nursery is located at 07 winners street behind oluku market. Along Benin Lagos road. Oluku, Benin city.

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Feel free to send your questions directly to our inbox or call/WhatsApp us via 08141156233. Email:GreenHybridempire@gmail.com

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