While Nigeria’s economy continues to navigate inflation and economic uncertainty, a quiet revolution is underway in a sector often overlooked: oil palm. In 2024, the industry quietly surpassed the ₦500 billion revenue mark—driven by surging local demand, consistent export performance, and the versatile application of palm oil in food, cosmetics, pharmaceuticals, and even bioenergy.

Far from being a short-lived boom, this upward trend represents a structural shift—one that presents significant opportunities for forward-thinking investors.

The Numbers Behind the Growth

Two companies leading the charge—Okomu Oil Palm Plc and Presco Plc—have posted impressive financial results. Okomu recorded a 73.44% revenue increase, hitting ₦130.06 billion in 2024, largely driven by strong domestic sales of crude palm oil and rubber. Similarly, Presco Plc’s revenue more than doubled year-on-year, from ₦102.4 billion to ₦207.5 billion—a 102.6% surge that reflects the growing profitability of Nigeria’s palm oil sector.

At a time when many industries are struggling to keep pace with inflation and shrinking consumer spending, oil palm appears to be defying economic gravity.

From Farmland to Financial Freedom

Beneath these corporate headlines lies an even more compelling story: ordinary Nigerians, particularly oil palm plantation owners, are increasingly earning more than the average 9–5 worker. Annual earnings from plantations range from ₦10 million to ₦100 million, depending on the size and maturity of the farm.

Compare this to national employment statistics:

  • 58.4% of workers earn less than ₦100,000 monthly
  • Fewer than 10% of Nigerians over 45 have sustainable retirement savings
  • Most salaried roles are vulnerable to layoffs, restructuring, or economic downturns

The takeaway? Asset-backed income from land and agriculture is proving to be more resilient than many traditional income streams.

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

Lowering the Barrier to Entry: Assetrise Limited’s Agro Real Estate Innovation

Recognizing the potential of the oil palm sector, Assetrise Limited has spent the past four years developing an innovative agro-real estate model that combines land ownership with profitable farming. Through Palmrich Estate, the company offers Nigerians the opportunity to co-own oil palm plantations while benefiting from both land appreciation and palm oil profits. (https://flap.africa/)

Palmrich Estate’s success is evident (https://youtu.be/XlWWO_fYTK4) . In 2024, Phase 5, located in Ibadan, Oyo State, delivered a remarkable 60.8% profit share to participating plantation co-owners—proof that this model is not only scalable but also highly effective. Through Assetrise’s digital platform, Flap Africa, investors can get started with ease.

How You Can Get Involved

If you're thinking long-term and want to build wealth that spans generations, the oil palm sector offers a practical, profitable path forward. Here's how to get started:

  1. Learn the Basics
    No need for a degree in agriculture—this short explainer video breaks down how the palm oil value chain generates income.

  2. Own a Unit in a Palm Plantation
    Choose from plantation sites in Ibadan, Ado-Odo Ota, or Ewekoro—each offering growth potential through land value and palm oil revenue.

  3. Benefit from Land Appreciation
    Beyond annual income, land in these regions is consistently increasing in value, further enhancing your investment returns.

  4. Activate a Long-Term Income Stream
    Once mature, oil palm trees produce fruit—and profits—for over 30 years, offering a lifetime of passive income.

The Future is Agro Real Estate

Investing in oil palm plantations is more than a land deal—it’s an entry into one of Nigeria’s most promising economic sectors. Whether you’re looking for financial independence, retirement security, or legacy wealth, this is an asset class that checks all the boxes.

So ask yourself:

  • Are your current income sources future-proof?
  • Will they provide the security you need during retirement?
  • Do they protect you from inflation and currency devaluation?

If the answer is uncertain, it may be time to consider a model that’s already proving its worth.

Assetrise Limited has demonstrated that agro real estate isn’t just a buzzword—it’s a blueprint for sustainable wealth.

The next growth wave is coming. The best time to enter? Before it peaks.

Click here to learn how to own your own share in a producing oil palm estate and start earning consistent, long-term income.