Experts assert Pelican Greenish Acres to yield 190tons Cocoa, calls for investors' partnership

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Experts have asserted that not less than 190 tones of Cocoa would be harvested yearly at the Pelican Greenish Acres farms, thereby, making not less than 100 million nairas or more after the first year turnover.

This was made known on Saturday, shortly after an inspection tour on the Pelican Greenish Acres by Ibadan-based Cocoa production expert and consultant, Mr Abiodun Adedokun, who asserted that the farm site and the soil formation were a good ecosystem.

He stated this while speaking to newsmen after an inspection tour on the Pelican Greenish Acres in Kobape, Abeokuta the state capital, emphasising that he projected at least 190 tons of cocoa yield and N100m or more in the turnover year after the first harvest.

Adedokun posited that Cocoa production was viable because of its significant economic importance as it generates export revenues, income and jobs, said the cocoa market was also quite predictable as it forms an important raw material in confectionery, food and beverage industries as well as in the pharmaceutical and cosmetics industries.

He boasted that regardless of the quantum of tonnage produced or how large the farm was, there would always be enough and ready market to clear the product or the processed products from the producer(s).

He urged the prospective investors not to hesitate in venturing into cocoa farming, noting provided adequate and necessary cautions have been taken into perspective regarding disease incidence, pest infestations and theft, a wise investor in Cocoa production would always have cause to thank his stars yearly.

Also, consultant Muritala Olawale commented that Pelican Greenish Acres has a high prospect for success. He added that the marshy area of the site would be ideal for catfish, vegetables and fruit farming, the non–marshy section, he advised, should be devoted to cocoa.

He also recommended building greenhouses where necessary for maximum yield and profitability.

In his remarks, the Pelican Valley CEO, the Promoter of Pelican valley Estate, Pelican Brief Estate, Pelicans Ecostay Apartments and Pelican’s Greenish Acres farm Estate Dr Babatunde Adeyemo said the Pelican Greenish Acres was an offshoot of Pelican Brief estate.

The realtor said that apart from the cocoa production, the real estate firm was also venturing into organic food products such as snail, catfish, vegetables and fruits farming to purposely cater for the needs of the Lounge, Restaurant and short-time Airbnb Lodgers at the ongoing Pelican’s Ecostay apartments – all within the sprawling Pelican Brief estate and environ.

The Anti Corruption Ambassador said the essence was to build a sort of interconnectivity, interdependency and self–sustaining community between the Pelican Brief estate, Pelican’Eco stays Apartments and Pelican Greenish Acres Farm estates, Kobape, was to promote healthy diet and healthy living among clients and estate residents, tourists and landlords.

In his words “We want to take full advantage of the hospitality business in our Estate and the strategy is to grow what we eat as fresh as possible and also create value-added products for export, taking full advantage of the new Ogun State Agro Cargo Airport which is just in our neighbourhood. We have perfected our plans by delivering our Estates on the Ogun state Masterplan, through the Government approved layouts we have secured on all the Estates. The implications of this are that our Estates and farms are already on the state Masterplan and would not be affected by any present or future lands acquisition by the present or succeeding Government in Ogun state. I would want to use this medium to urge prospective and potential investors, most especially the Nigerians in the diaspora to always play safe with their funds by going for lands with government approvals and approved layouts. Land banking is great but can also be disastrous when it’s not secured… Awoof will always run belle” the Pelican CEO added.