Did you know that the global exchange market is a trillion-dollar industry? It is the largest financial market in the world, with an average daily trading volume exceeding $6.6 trillion. Every day, investors from around the globe navigate the complexities of currency fluctuations in pursuit of maximizing their returns. However, what happens when a significant development disrupts this delicate balance? Today, we will discuss the launch of the Dangote Refinery and its implications for investors.

The Dangote Refinery is set to become Africa’s largest refinery, positively impacting Nigeria’s economy. As Nigeria currently relies on imports to meet its demand for petroleum products, the inefficiency and limited capacity of existing refineries exert considerable pressure on the country’s foreign exchange reserves. However, the advent of the Dangote Refinery is expected to alleviate this burden. By becoming self-sufficient in refining, Nigeria can curtail its reliance on foreign currency outflows, potentially strengthening its foreign exchange reserves and consequently benefiting the Nigerian Naira. The refinery will be a solution to the constant increase in the exchange of naira to dollar, as this will allow Nigeria to produce its petroleum products like crude oil, increasing domestic supply and potentially influencing the naira-to-dollar exchange rate, which currently stands at N743 to $1.

If you have a lot of dollars in your account then you need to think of other investment opportunities. Improving our dollar reserve will impact the flow of dollars in Nigeria and increase the capacity of Individuals and businesses to trade locally and internationally, as the Nigeria forex reserve will be stabilized and increased gradually. Investors, business owners, and employees let’s solve this puzzle. Do you know you can also invest in Oil profitably? But at this time it is a combination of Real Estate and Strategic land Ownership + Oil Palm Tree Plantation. So, If you want to diversify your investment portfolio and generate wealth, Real Estate is a fantastic option. Apart from traditional buying and reselling, strategic land ownership with an oil palm tree plantation can provide significant returns and long-term passive income. Now let’s be practical, if you consider investing in rental income property in areas like Magodo or Lekki, where the construction and finishing of a 4-bedroom duplex would cost approximately 150 million Naira, it’s important to note that it would take around 25 years to recoup your initial investment, given an annual rental income of 6 million Naira. However, if you were to invest the same amount in an oil palm tree estate, acquiring 176 plots (29 acres) for 850,000 Naira per plot, including the cost of planting and maintenance till fruiting, the potential returns would be significantly different. Each acre of oil palm trees can generate an average income of 2 million Naira per year. From 3-8 years, your turnover would reach almost 500 million Naira excluding your land value Appreciation and also 176 plots plus a minimum of 30% land appreciation per annum. Your Palm tree can produce palm oil and other by-products that can generate revenue for you, for 30 years and this can generate a turnover of 2.5 billion Naira both in land and Palm Produce. Investing in an oil palm tree presents the potential for long-lasting generational wealth.

Hold on, there is more, do you know that Palm oil is an essential commodity in various industries? Especially industries Like the Pharmaceutical industry, food and beverages, cosmetics, biofuel, chemicals, and more. Some notable companies that make use of these raw materials include companies like Unilever, Pz Cusson, Cadbury, Mega Chicken, and more.

Nigeria currently ranks fifth among the world’s palm oil-producing countries, accounting for 1.5 percent or 1.03 million metric tonnes of the global output, according to the United States Department of Agriculture (USDA), And we are also the largest consumer of palm oil on the African continent, with an annual consumption of approximately 2.5 million metric tonnes, while domestic production falls short at less than 1.3 million metric tonnes.

Smart investors, are you thinking what I am thinking?

The oil palm tree yields the highest amount of oil per unit area compared to any other crop and produces two distinct oils – palm oil and palm kernel oil – both of which hold significant importance in global trade. As of 2019, 5 liters of Palm Oil were sold for 10,900 in Nigeria and now it’s selling at a range of 24,000 to 30,000, think about it. By leveraging the vast potential of oil palm cultivation in Nigeria’s Real Estate sector, you can explore these opportunities and capitalize on the increasing demand for palm oil both domestically and internationally.  All these can happen if you subscribe and secure properties in our PALM RICH ESTATE

How does this work

• Purchase a unit of land in one of our Palmrich Estate locations (Epe, Lagos, or Owode-Ota).
• We’ll plant palm trees on your land and manage them until they start bearing fruit (usually within 0-3 years).
• Once the trees are mature, you can either harvest the oil palm yourself or sign a management agreement with us to handle it for you.
• Start earning passive income from oil palm production for up to 10-30 years or more.
• Additionally, the land value will appreciate over time while you earn from oil palm farming. The Land Title here is the certificate of occupancy (C of O).

As a smart investor, if this is something you want to be part of, reach out to us now and we will guide you through making this investment and leaving transgenerational wealth for yourself and your beneficiaries.