The GreenWealth® Project
In light of the Covid-19 pandemic, the price of crude oil (our main revenue source) has been gravely impacted and our dear nation is faced with severe economic recession and soaring inflation.
Food insecurity has become a more serious issue than ever. As a people, we hitherto spent trillions of Naira yearly on food imports, and now with declining foreign earnings,we must act decisively to bridge the local deficit in the production of critical food and cash crops. The converse is a hunger crisis!
Productivity in most sectors of the economy has also been negatively impacted, leaving the spending power of Nigerians as well as our GDP gravely compromised. What this means is that even if food sufficiency is sorted, there will still be food insecurity as a result of gross lack of purchasing power.
Considering the extremity of the challenge we are up against, a very drastic measure is required to creatively restructure our agricultural industry and speedily diversify the Nigerian economy into agribusiness.
Nigeria requires an annual GDP of N365 trillion to lift every Nigerian above the poverty line. Our research reveals agribusiness alone has the potential to contribute up to N402 trillion to our GDP if we choose to bring key innovations, industrialization and commitment to play at national scale.
This creative restructuring and innovation required to help Nigeria reach her agribusiness potential is what Green Eagles Agribusiness Solutions is set to achieve.
The above charts show the potential values we can create from various value added agricultural products against what presently obtains, with the total of the potential values being N402 trillion:
PROJECT OBJECTIVES
We will facilitate the establishment of:
1: Integrated Farm Estates “IFEs”in every LGA across Nigeria (over the next three years) and achieve a rapid increase in crops& livestock supply (produced all year-round) at significantly lower production costs; until we achieve an equilibrium of demand and supply at consistently lower prices.
2: Cottage processing industries within the IFEsto add significant value to farm products upon harvest and for efficient application of waste to wealth integration of crops and livestock. These cottage industries will enjoy nearness to raw materials; and farmers will enjoy direct linkage to the whole food value chain; including guaranteed markets and export.
Adopting the IFEs model nationwide will mean lowering food production costs while optimizing yield. From the sixth month to the second year, we expect the cost of production to drop progressively from about 10% to 50%. Apart from the attainment of food security, it is a welcome change to sustainability from the conventional methods that deplete our soils and potentially harm our bodies.
FUND APPLICATION & RETURNS STRUCTURE
IFEsof at least a thousand hectares each will be established in each of the 774 LGAs across Nigeria. Farmers will be organized into co-operative structures, trained and sponsored to achieve the Project objectives.
The IFEs will create sustainable livelihood opportunities for at least three million people (along the food chain from farm to table), while stirring up unprecedented economic prosperity in and around rural communities across Nigeria.
The first phase of the Project will be geared towards the goal of national food security while the second phase will facilitate the achievement of export prominence in crops where we have agro-ecological advantage.
Our projections show we can assure an annual return of 30% to sponsors (15% every six months). At the end of each sponsorship cycle, a sponsor may request for a roll-over or principal repayment.
Join us to galvanize unprecedented agricultural productivity and fast-track our nation on the highway of food security, export prominence and prosperity; despite the COVID-19 pandemic.
God bless Nigeria!
COST-BENEFIT (per slot)
SN | ITEM | AMOUNT |
1 | Land lease | ₦365 |
2 | Land preparation | ₦4,100 |
3 | Irrigation | ₦4,545 |
4 | Crop inputs (fertilizers/pesticides) | ₦3,300 |
5 | Livestock systems | ₦11,754 |
6 | Livestock feeds/inputs | ₦9,509 |
7 | Harvest | ₦2,140 |
8 | Processing | ₦1,287 |
9 | Administration | ₦2,500 |
10 | Management/Consultants fees | ₦3,500 |
11 | Aggregation | ₦1,500 |
12 | Insurance | ₦2,500 |
13 | Miscellaneous | ₦3,000 |
Total: | ₦50,000 | |
Returns: 30% annually | ₦15,000 | |
(15% direct credit every 6 months) |