Expression of Interest Form

This investment checklist is prepared for both the Private and Public Investors.

PRIVATE INVESTOR EXPRESSION OF INTEREST

Please fill out this form to express your interest in investing in the coconut industry through NATCODEV.

Participating Banks

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Tel: 07033377202, 08166887910, 09112886132, 07039577770

Frequently asked questions (FAQ)

How do I guarantee that Coconut can grow in my terrain?
There are 15 species, (Dwarf and Tall), available for cultivation
How do I identify the specie suitable for my terrain?
First, it is important to conduct Environmental Impact Assessment, (EIA) and Soil Testing.
What is the estimated average yield in the first harvest per tree?
With our technology, we estimate an average fruiting of between 150 - 200 per tree
What is the gestation period for the hybrid variety?
With the hybrid varieties, we can harvest within 3 years.
What is the average yield per hectare
1 hectare = 300 trees
1 tree = 150 fruits
Total = 30,000 fruits
What is the estimated Return on Investment ROI?
At the market price of Five hundred Naira (N500) per fruit = (N500 X 30,000) Total Sales = N 15, 000, 000s
How much is the initial cost to cultivate 1 hectare
2022/2023 ExP = N 2, 500, 000
How much is the gross profit?
Turnkey, and based on market forces as at 2022/2023 Fifteen Million Naira =N 15, 000, 000 less =N 2, 500, 000m Pro Fit = N 12, 500, 000
How many farm hands do we require in 1 hectare?
10 workers
In pursuit of planting 100 million Coconut trees across the nation, what size of farmland can we cultivate?
503, 200 Hectares
How many hectares can a State cultivate on the average?
13, 600 hectares
How much investment is required by the State?
Thirty Four Billion Naira = N 34, 000, 000, 000
How many farm hands can a State gainfully engage on a sustainable basis
130,000 jobs
At an average return of N12,500,000 per hectare, how much can a State generate?
N12, 500, 000 X 13,600 Hectares Gross Revenue Total =N170, 000, 000, 000
How much can the State generate from the first harvest?
N 170, 000, 000, 000 less N 34, 000, 000, 000 Net Profit =N 136, 000, 000, 000
How can a State raise Thirty Four Billion Naira (N34,000,000,000) to invest in the Coconut Economy?
Through a structured Joint Venture Partnership with