Introduction

Plantain farming, chili pepper, and vegetable farming are essential for the purpose of consumption by human beings.

In Nigeria, plantain, chili pepper, and vegetable farming are one aspect of farming with the ability to generate income and profits year round. As it is, is one of the easiest agricultural engagements a farmer can venture into and the demand for an edible vegetable is year round, creating a veritable stream of income for the would-be farmer.

As a business, vegetable farming offers an opportunity to earn a steady income and also provide employment opportunities for a countless number of men and women. On a national scale, it also helps to reduce our dependence on other countries to meet our increasing food demand.

Major customers for plantain, pepper, and vegetables in Nigeria are households. These households can be ranked based on income levels. They include high, middle level and low-level income earners having an annual income of over N800, 000 to N1.5million and everything below N800, 000 respectively. Other consumers of the product are restaurants, hotels, local markets, online/offline food stores food supplement industries who make supplements out of highly nutritious vegetable like ugwu spinach.

The high demand for our agro-allied products has led to an increase in farmers springing up in many parts of the country. This, however, is still a far cry from the ever-increasing local demand for the product. Hence starting a farm of your own either on a large, small or medium scale is indeed a very wise decision as this will bring immense financial benefit both in the short and long term.

Business Description

PATILAD Agro farms is a budding organic farm that is involved in the production of high quality, nutritional, and fresh plantain fruits, bell and chili pepper, vegetables including green vegetables for consumption in and around Lagos Nigeria. We cultivate, harvest, process and package for supply retail outlets to sell our plantain fruits, cucumbers, carrots and eggplants green vegetables in Nigeria: green leaf, ugwu(fluted pumpkin leaf), Efo Shoko(Lagos Spinach), Bitter leaves, Efo Tete(Africa Spinach), waterleaf, Garden Eggplant, Malabar Spinach, Efirin (scent leaf), Afang leaves,   are committed to the improvement of food taste and nutritional quality.

Our first stage of activity is in cultivating harvesting and selling these products in wholesales, our next phase activity is to begin processing of our products like the plantain fruits into plantain flour, and plantain chips, our chili pepper into a dry powdery pepper.

Our company is being founded to build upon an extensive array of biological and horticultural education, experience, and the research of its founders.

We produce process and package to meet requirements of the standard organization of Nigeria as well as NAFDAC.

Although we will initially supply to local markets, online and offline supermarkets and grocery stores all across Lagos and Ogun State, we ensure to fortify our business structure in place that will support the kind of growth that we have in mind while setting up the business.

Form of business:              A sole proprietorship.

Owner of business:             Dayo Adetiloye

State of business:              New business

Opening days:                    8am-6pm Mondays- Saturdays

Business Development

Consultant:                         Jumobi Oyebade  (MBA)

                                             Hundred and five Academy

Legal Adviser:                     Barrister Oyewumi

      Oyewuni &Co

Banker:                                     UBA

Board of Directors:           Kemi Oluwadamilare

 Femi Kush    

VISION

Our vision is to be among largest organic farm in the production of plantain fruits, chili pepper, green leafy vegetables and all its processed derivatives in Nigeria by 2025.

MISSION

Our mission is to build a company whose reach gets to the nooks and cranny of major cities in Nigeria.

We intend to build an international brand and export our well – packaged farm produce and agro-allied products to other countries of the world.

OBJECTIVES

• To maintain profit margins at 20-25% through close attention to expenses and cost of vegetable production.
• To drive awareness and generate sales through mentions in both local print and digital media, listings on online stores and a dedicated blog.

• To initiate a relationship with bulk purchasers or dealers to reach far places in Nigeria
• To achieve a net profit in year one, increasing in year two, by containing costs and meeting sales goals
• To provide quality sales service and products at fair and best possible prices.