Business

Assetrise Limited, Okomu Oil Palm Plc, Presco Plc, and others surpassed N500 billion in 2024- Here’s how you can benefit from the Oil Palm Industry

If you’ve been paying attention to where wealth is quietly being built in Nigeria, here’s one truth you can’t ignore: the oil palm industry is emerging as an economic juggernaut.

In 2024 alone, this sector crossed the ₦500 billion revenue mark, fueled by skyrocketing local demand, robust export value, and the versatile use of palm oil across food, cosmetics, pharmaceuticals and even sustainable energy.

This isn’t just a boom; it’s a golden opportunity for savvy investors to tap into one of the country’s most lucrative markets.

Where the Big Players are Winning

Okomu Oil Palm Plc revenue rose by 73.44% to ₦130.06 billion, driven by strong local sales of crude palm oil and rubber, which accounted for over 82% of total revenue.

Similarly, Presco Plc’s revenue more than doubled, reaching N207.5 billion, which is a 102.60% increase from the prior year’s figure of N102.4 billion, underscoring the robust performance of Nigeria’s palm oil sector.

While many sectors are shrinking under inflation, these companies have planted wealth and are now harvesting money.

Oil Palm Plantation Owners are Earning More Than the Average 9-5 Worker

You might not hear this on the news, but in Nigeria, many oil palm plantation owners now earn ₦10 million to ₦100 million yearly, depending on the size and maturity of their farms.

Compare that to the 9- 5 life:

  • 58.4% of workers earn below ₦100,000 per month
  • Less than 10% of Nigerians aged 45 and above have retirement savings they can live on
  • And most jobs? They don’t last past a recession, restructuring, or your boss deciding otherwise.

“The math is simple. The real security isn’t in a paycheck, it’s in an asset that keeps paying you”.

Assetrise Limited Has Made the Oil Palm Industry Easier for You to Access

Assetrise Limited() has spent the last four years perfecting a transformative agro real estate model that seamlessly integrates real estate with agriculture, creating a unique ownership avenue through the Palmrich Estate. This innovative model combines prime real estate with the booming oil palm plantation sector, giving investors the chance to benefit from both land appreciation and the lucrative palm oil market.

Across eight (8) successful phases, Palmrich Estate has refined a proven model that delivers consistent returns even in volatile economic times, and this has been made affordable to all through its digital platform, Flap Africa().

In 2024, Palmrich Estate Phase 5( in Ibadan, Oyo State, demonstrated the strength and effectiveness of the agro-real estate model, delivering impressive results. This Estate delivered a 60.8% profit sharing to her community of oil palm plantation landlords. A feat attributed to proactive farm management and consistent market demand for palm oil products. This wasn’t a stroke of luck. It was the result of a solid, well-thought-out structure and an undeniable proof that the model works.

Assetrise Limited is not stopping there. The company is scaling up, acquiring more land, bringing in more investors, and planting more oil palm trees that are set to generate sustainable wealth for the next 30+ years.

Do You Have a Vision of Creating Sustainable Wealth for Yourself and Your Family? You Don’t Need to Break the Bank.  

Here’s how:

1. Understand the Industry

You don’t need a degree in agriculture to understand how this works. Watch this short explainer video it’ll show you exactly how the palm oil value chain creates real income.

2. Own a unit of an oil palm plantation
Become a landowner in one of Assetrise’s oil palm estates located in Ibadan, Ado-Odo Ota, or Ewekoro, Nigeria. Choose the location that best fits your long-term financial goals.

3. Consider Land Value Growth
Each location offers more than just yearly returns; the land itself appreciates over time. It’s an opportunity to grow both passive income and asset value.

4. Activate a Lifetime Income Stream

Once your oil palm trees mature, they’ll keep producing and paying you for over 30 years.

You can’t go wrong with an oil palm plantation.
It’s more than just land; it’s an appreciating asset that generates consistent annual revenue. Whether you choose to sell it in the future to meet financial needs or pass it on as a legacy to your children, you’re building long-term value. This is your chance to earn from the billion-dollar industry in 2025.

Before you make your next financial move, ask yourself this:

  • Are you investing in a sector that’s safe, secure, and built to last across generations?
  • Will your current income streams provide you with the financial stability you need in retirement?
  • Do your investments have the power to withstand inflation and currency devaluation?

If these questions raise any doubts, then it’s time to stop guessing and start building with a model that works.

Assetrise Limited is proving that agro real estate isn’t just profitable, it is sustainable.
And the best time to get in? Right before the next growth wave.

Click here(/) to own your own unit in a producing oil palm estate and start earning sustainable income.

About the author

Collins Nnebedum

Collins Nnebedum is a seasoned writer with a knack for delivering insightful analysis on current affairs and breaking news. His dedication to factual reporting makes him a trusted voice on eNews Nigeria.