BUSINESS PLAN

ON
DEVELOPMENT OF 200 HECTARES
OF OIL PALM PLANTATION AT THE
DEGRADED PORTION OF
, ONDO STATE UNDER PPP MODEL
OF LEASE

SUBMITTED TO;

TABLE OF CONTENTS
INTRODUCTION…………………………………………………………………...3
 COMPANY PROFILE……………………………………………………………...4
UNIQUE VISION FOR ,,,,,,,,STATE………………………………………..5
COMPANY OBJECTIVES………………………………………………………...5
SCOPE OF SERVICES……………………………………………….................6
PROPOSED CLIENTELE/OFF-TAKE…………………………………………. 6
ADDITIONAL EQUIPMENT FOR EXPANSION……………………………6
FUTURE DEVELOPMENT………………………………………………………..7
PERSONNEL………………………………………………………………………… 7-8
COMPANY DEPARTMENT………………………………………………………8
HEAD OFFICE…………………………………………………………………………8
COMPANY’S BANKER……………………………………………………………..8
SCHEDULE OF PLANTATION……………………………………………………9
THE ADVANTAGE OF CULTIVATION OF
OIL PALM COMPANY……………………………………………………………..9
CONCLUSION…………………………………………………………………………10

……………….. NIGERIA LTD

1.0. INTRODUCTION
 The greatness of a nation hinges on the ability of its
government to provide basic needs and conducive
environment for the people to thrive and respond positively
to global challenges. The Federal Government’s goal of
making Nigeria an industrialized nation by the year 2030
cannot be actualized without all sectors of the society
working together to achieve the set objectives.
1.1. In this regards, the Government of ……… State under the
leadership of ……………………..has come out boldly to
align itself with Federal Government set of goals by creating
conducive environment for private and public partnership for
development of every sector of ………… particularly the
Agricultural sector by making maximum use and control of
our arable land and forest reserve. This is in tandem with Mr.
Governor’s
1.2. It is therefore very important that, for this laudable goal can be
realized; all hands must be on deck to put the state among
industrially viable states of Nigeria. It is on this
……………….desires to come up with its business plan for
the lease of Two Hundred (200) hectares of land for thirty
years approved by ……State Government for Oil Palm
Plantation at …….. State forest reserve situate and being at,
along ……………. Local Government Area of …… State.
1.3. There is no doubt that Agricultural Sector in Nigeria has been
the main source of external income before the discoveries of
Oil Sector in Nigeria. Nigeria used to be the world’s largest
 producer of oil palm before the oil boom era. Oil palm serve
as by products to numerous industries such as the food and
beverage, cosmetics and pharmaceutical industry to mention
a few. Palm oil is an extremely versatile product that has
many different properties and functions. The palm can also
be used in various ways; the leaves are used in making
brooms and as roofing materials; the bark of the fond can be
peeled and woven into baskets. The trunk can be used as part
of building materials when spitted like timbers. We can also
get palm wine from oil palm tree.
1.4. Therefore our humble contribution towards fulfillment of the
economic development of …… State, Youth Empowerment
and Industrialization of our great state is to engage
agricultural development in oil palm sector as contained in
our business plan. We humbly forward this unique business
venture/plan for your esteemed consideration.
2.0. COMPANY PROFILE
……………..LTD is proficient in agricultural activities
with specialty in Oil Palm Plantation and blessed with a team
of Agricultural experts in agro allied industries and
Agriculture, Palm Oil Mill Fabrication, Installation &
Agricultural Management, Agronomy and Agricultural
Extension.
3.0. UNIQUE VISION FOR ………. STATE
INDUSTALIZATION
 Due to the alarming rate of unemployment and idleness of
Young School Leavers – …….NIGERIA LTD decided to
embark on Palm Plantation so as to direct the energy of the
youths towards acquiring entrepreneurial mentality channeled
towards positive productivity. Hence …………..
NIGERIA LTD is proposing partnering with government
to site a small oil Plantation Industry at ……Reserve Area,
…… Axis, Local Government Area of……. State.
4.0. COMPANY OBJECTIVES
The primary objectives of the company is to not only
maximize profit while sustaining the needs of consumers
through its services; but also
a. To reduce the unemployment rate of the community, the
Local Government and the state at large;
b. To create wealth through handwork;
c. To provide training platform for youths who may not be
able to afford higher education;
d. To create opportunity for basic skill acquisition in line
with especially on Rural and Agricultural Development.

5.0. SCOPE OF OUR SERVICES

5.1. The company’s plan is to largely concentrate on Palm Oil
Production and strengthen its financial viability by
embarking on extension programme, that will also
incorporate in-grower scheme. The company intends to
 purchase and install additional 2 tonne FFB per hour mill
with an expanded Palm Kernel Cracking Unit.
5.2. It is expected that the cost of installing viable milling capacity
as well as infrastructure will be in the region of Eight
Million naira only(₦8,500.000:00).

5.0. PROPOSED CLIENTELE/OFF-TAKE

a. All Local Governments in ……State.
b. Individual & Corporate Organization
c. Market Women
d. Exportation of Palm Oil
e. Hotels & Restaurants.
f. Individual Homes in …..State and outside …… State.

6.0. ADDITIONAL EQUIPMENT FOR EXPANSION

a. Procurements of modern processing facilities for the
processing of the FFBs
b. Two tractors
c. Additional Water borehole drilling
d. 1 Unit 10kva Generator
e. Chairman and staff office furniture
f. 2 unit Pentium IV computers with appropriate software
g. 1 unit chairman’s laptop with accessories
h. 1 unit HP laser colored printer

7.0. FUTURE DEVELOPMENT AND FINANCIAL

PROJECTION
7.1. The company is aware of the importance of Palm Oil as an
essential part of the average diet in many African homes
and also a major requirement for the food industries. This
has put a substantial pressure on the producers, who have
been unable to satisfy the growing domestic and industries
demand for Palm Oil.
7.2. Our Company, through the proposed development of 200
hectares of Oil Plantation is of the view that a matured
plantation will give an investor 5 tonnes per hectare of red
palm oil from the fourth year and 1000 tonnes for the entire
200 Hectares. A tone of red palm oil is a minimum of
N400,000. With this projection, 1000 tonnes derivable from
200 Hectares will give a gross revenue of
N400,000,000,00k from red palm oil, an investment value
of this range is being added to the State economy on red
palm oil only. 3 metric tonnes of palm kernel can also be
obtained from one hectare. This gives us 600 tonnes from
200 hectares at the sale of N300, 000,00k per hectare. This
translate to annual income of 180,000,000.00k.
8.0. PERSONNEL
a. Chairman and CEO
b. General Manager (Agricultural Services)
c. Plantation Manager
d. Production Manager
e. Administrative Secretary
f. Sales Manager 1
 g. Sales Manager 2
h. Sales Supervisor 1
i. Sales Supervisor 2
j. Field Supervisor 1
k. Field Supervisor 2
l. 30 Daily Paid Workers (Field Labor)

9.0. COMPANY DEPARTMENT

…… NIGERIA LTD as a business concern have the
following Directors.

10.0. HEAD OFFICE LOCATION

The company head office is located at

11.0. COMPANY’S BANKER

a) Guaranty Trust Bank Plc.
b) FCMB Bank Plc.
c) Sterling Bank Plc.
12.0. SCHEDULES OF PLANTATION
a) 2022- Cultivation of one hundred hectares of Oil Plantation;
b) 2023- Cultivation of one hundred hectares of Oil Plantation.

13.0. THE ADVANTAGES OF THE CULTIVATION OF OIL PALM

COMPANY IN ………….. STATE
 a. To bring about industrialization of the rural area;
b. To promote entrepreneurial activities within the state;
c. To discourage the youth from rural urban migration;
d. Nearness to the targeted youth who are to acquire skills;
e. Providing Job Opportunities for the teeming population;
f. provision of raw materials for agro based industries in the State
and the country as whole;
g. put ……. State back into its footing as one of the leading
producers of palm oil and its products in the committee of
states.

14.0. CONCLUSION
It is our belief that the with the approved lease of 200 hectares of
land for thirty years; the scheme shall provide employment for more
than one hundred workers (unskilled labour) and fifty workers
(skilled labour).
15.2. Our Commitment is to engage and collaborate with ,,,,,, State
Government in investing over N400 Million in the

establishment and management of 200 hectares of Oil Palm

Plantation, by way of promoting agriculture and agribusiness
in the state, using part of the degraded portion of the LGA of
State, that has been declassified for agricultural purposes,
with a view to enhancing maximum production of agricultural
products and create youth employment
Our focus is to create wealth through agriculture in order to
sustain the State economy.
……………………………………….
Managing Director/CEO,