A premium agricultural investment opportunity in Yola, Nigeria
The Gulf Cooperation Council (GCC) region represents a significant and growing market for high-quality alfalfa hay, driven by expanding dairy operations, equestrian activities, and limited local production capacity due to water scarcity.
With a target sales price of USD 550 per metric ton (with 3% annual escalation from Year 2 onwards under Scenario 3), the 2000-hectare project is positioned to capture a valuable share of this market while offering competitive advantages:
High-quality alfalfa hay production targeting the lucrative Gulf Cooperation Council (GCC) market, with a focus on Dubai, UAE as the primary export destination.
Projected Year 1 revenue of NGN 28,160 million (USD 17.6 million) with net profit of NGN 16,974 million (USD 10.61 million) and a rapid payback period of less than 8 months.
2000-hectare farm in Yola, Adamawa State, with ideal agro-climatological conditions and access to the River Benue for irrigation, enabling 10 cuttings per year and 40,000 metric tons of annual production.
Our alfalfa production system utilizes 2,000 hectares of prime agricultural land in Yola, Adamawa State. The land is laser-leveled to ensure optimal irrigation efficiency and equipped with state-of-the-art irrigation infrastructure drawing water from the River Benue.
We cultivate specially selected varieties with high protein content (18-22%), excellent leaf-to-stem ratio, and adaptation to local conditions, ensuring premium quality for export markets.
Our precision irrigation system delivers water with high efficiency, utilizing:
Our balanced fertilization program ensures optimal plant nutrition while maintaining soil health, with careful monitoring and application based on soil testing and plant analysis.
Our precision harvesting system maximizes quality and minimizes losses:
Our state-of-the-art processing system includes:
Year-round growing conditions with optimal temperatures and abundant sunshine maximize photosynthesis and crop development, enabling 10 cuttings annually.
Reliable water supply from the River Benue ensures consistent irrigation throughout the year, mitigating drought risks and maintaining production stability.
Strategic location with established export corridors to Arab Gulf countries, where alfalfa demand consistently exceeds supply due to water scarcity constraints.
Competitive advantages in land and labor costs compared to traditional exporters from North America and Europe, enabling attractive margins while maintaining price competitiveness.
Our alfalfa production is fully integrated with other agricultural operations, creating synergies and efficiencies:
Lower-grade alfalfa and processing by-products are utilized in our cattle operations, providing high-quality protein for beef and dairy production.
Manure from livestock operations is composted and returned to alfalfa fields, reducing chemical fertilizer requirements and improving soil health.
Alfalfa fields are rotated with other crops every 3-4 years, improving soil structure, breaking pest cycles, and enhancing overall farm productivity.
Irrigation systems, machinery, and processing facilities are shared across multiple crop operations, maximizing capital efficiency and utilization.
Discover how you can be part of this exceptional agricultural investment opportunity