Oil Palm Plantation and Red Palm oil Refinery

Stage of Idea planning stage, start-up stage
This bar shows in a scale of 0-10 the Factor of an idea and his owner PROPORTIONAL TO ALL OTHER IDEAS AND OWNERS - 10 is the best, 0 is the worst value. The blue bar changes constantly due to the votes, comments, ratings and activities on this and other ideas.
1 10

Explain your idea in details:

The oil palm industry in Nigeria is characterized by high level of unimproved method of production and unimproved oil palm seedling (Dura and Pisceria breed) on our plantations. Statistics states that 80% of palm oil producers in the country are small-scale or local farmers that uses crude methods which make the level of production to be very low and below efficient level and then causes lower output than the food demand in the country. Our vision is to invest in the industry to explore and maximize the great potential and capacity to provide massive job opportunities for youths to end unemployment and eradicate hunger/ malnutrition and poverty from our land. According to FAO forecasts, by 2020 the global demand for palm oil will double, and triple by 2050. Also, the fast increasing Nigerias population (174million as at 2014) is opposed to the declining palm oil local production in the country. This makes the investment a worthwhile, promising and needed for our healthy survival in the future. Our plan is to start by planting 3,000 trees of Tenera hybrid of oil palm seedling on a 20 hectare plantation (150seedling/ha). The Tenera hybrid of oil palm seedling is a highly viable breed for commercial purpose because of its high yield qualities, ability to reach production maturity earlier than other breed and higher nutritional value. The trees are expected to mature within two and half years. These trees, when mature, would produce between 160,000-200,000 kg of fresh fruit bunches (FFB) of palm fruit per year and processed into about 40,000 liters of cooking grade palm oil. It will generate roughly 8million per year in revenue (@ 200/liter) and create at least fifty direct and indirect job annually.

Read More

Expected impact of your idea on sustainable development

The project is expected to have the following impact in line with the sustainable goals and Nigerian economy: 1. Massive job opportunities: The project will employ at least twenty people upon commissioning, an additional fifty by end of first year and up to 100 direct, indirect, professional and non- professional workers by the third year. Also, more employment opportunities are bound to be created as the plantation grows, expand and production increases. 2. Solution to climatic change: The first stage of the project is to plant 3,000 trees of oil palm on a 20 hectare plantation. This will pay an important role in climate change. The destruction of forests contributes to the problem through the release of CO2. But plantation can help mitigate against climate change by removing CO2 from the atmosphere. Combined with the sun's energy, the captured carbon is converted into trunks, branches, roots and leaves via the process of photosynthesis. It is stored in this "biomass" until being returned back into the atmosphere, whether through natural processes or human interference, thus completing the carbon cycle. 3. Increased food supply and at a cheap price: Our vision is to work tirelessly to provide quality and affordable food for every home on earth. The organization for Economic Co-operation and Development stated in the 16th session of the United Nations Commission on Sustainable Development (UN CSD-16), that about 216 million people, translating to one out of every seven persons in Africa are classified as undernourished. 4. Improved standard of living in rural communities where the plantation is located. 5. Improved Nigerian economy through increased local production. 6. We are proposing developing cost effective biofuel machines that uses oil palm products as fuel instead of petrol or diesel to reduce carbon monoxide emission but preserve our air and environment.

Read More

Plans for implementation and sustainability


  • Red Palm Oil for household consumption
  • Crude palm oil as raw material for agro-allied industries
  • PKO, PKC, Palm chaff etc.
Value Proposition: 100% pure palm oil with sweet flavour for a more nutritional meal and a healthy family Key Partners and Financing Source:
  • Personal source
  • Private Investors & Shareholders
  • Loan & Equity
  • Government
  • Aids, Grants and donations
Key Resources:
  • Arable land
  • Working Capital
  • Farm machines
  • Human capital
  • Agric Inputs
  • Red palm oil processing equipment
Key Activities:
  • Planting and maintenance of oil palm plantation
  • Harvesting of Fresh Fruit Bunches
  • Processing and extraction of palm oil and other products from the harvested fruit
  • Packaging and branding of the products
  • Marketing and sales of products
  • Individual/ household consumers
  • Aggro- allied industries
Cost Structure (Most Important cost): 20 hectares of Arable land (@ 200,000/ha)- 4million Pre-Investment- 1,000,000 Land survey, clearing and Preparation- 1,000,000 Oil palm seedling (3000 of Tenera palm nut breed @ 200/ seedling) - 600,000 Planting and other cultural Practices (25,000/ha) - 500,000 Chemical and fertilizer (2bags of fertilizer per ha @ 7,000/ bag) - 280,000 NIFOR Medium oil milling machine (purchase, installation and staff training) 3,000,000 Miscellaneous- 200,000   Distribution channel:
  • Sales Representative
  • Wholesale and retail distribution
  • Malls, Exhibition, trade unions etc.
Problem To Be Solve:
  • Hunger/ malnutrition- UN CSD-16 states that about 216 million people, translating to one out of every seven persons in Africa are classified as undernourished.
  • Poverty and Unemployment
  • Climatic change
  • Sales of packaged red palm oil for human consumption
  • Sales of crude palm oil to agro allied industries for their production purpose
  • Sales of other oil palm derivatives such as PKO, PKC, Palm chaff etc.
  • Consultancy and training services
  • Farm tourism

Read More

Your profile

I am Olugbemiga Augustine (born 12 August 1988), a young Nigerian entrepreneur, business Administrator and a Public Speaker on Intellectual Renaissance. I own a Bachelor Degree in Banking and Finance from Adekunle Ajasin University, Ondo state in Nigeria. I co-founded and serve as the Executive Director of Abegz De- Kings Multiglobal Ltd., a firm dedicated to researching people problem and moving fast in creatively solving them in a proactive way that also creates value for customer, job opportunities for people and maximizing the wealth of the firm and Africa at large. I founded of De- Kings Concept, an NGO dedicated to intellectual renaissance and helping youths develop and maximize their inborn potentials. This organization have help invested massively in the development of more than 100 youths annually through free skill acquisition programs, capacity building and mentoring platforms since inception in 2009. This brought me an award as a 'PROMISING FUTURE LEADER' from an NGO called Youth Alive Forum. I have strong passion for business management and solving peoples problem creatively. My vast research on the life and business principles of Aliko Dangote and Mr. Tony Elumelu (Nigeria foremost entrepreneurs) has been a source of motivation for my ambition to become one of the greatest industrialists Africa ever produced. I received an award of excellence from Akinyele Local Government authority of Nigeria in 2015 as Most Promising Entrepreneur of the Year and Most Innovative Student of the Year from Adekunle Ajasin University Akungba-Akoko Ondo State during my final undergraduate year in 2015 for creating an entrepreneurial club on campus that trains students on entrepreneurship and also link them with sources to raise little capital to start with. My vision in life is to create avenues that will eradicate poverty, hunger and malnutrition from the surface of the earth.

Read More

Location Map


August 31, 2017 23:31

Hello my fellow traveler, How are you feeling as our road ends temporarily?
I have just seen your entry and have been thoroughly impressed by it. Will you be willing to collaborate incase you want to set it up on ground?
I would like to be in touch with you,
Cheers from Kabul.

August 31, 2017 22:25

There are just a few hours before the end of this wonderful competition and I want to thank you for all you did here, especially your contribution to my project. Best wishes for all your future endeavors and never give up on your dreams! Be a dreamer! That is the most important characteristic in life!
Best regards,

August 31, 2017 22:25

There are just a few hours before the end of this wonderful competition and I want to thank you for all you did here, especially your contribution to my project. Best wishes for all your future endeavors and never give up on your dreams! Be a dreamer! That is the most important characteristic in life!
Best regards,

August 31, 2017 21:49

Hello fellow passenger,

You might have heard the famous song "What I've done" by Linkin park. The lyrics have been beautifully carved by the late singer Chester Bennington. The song covers the ways in which our so called development has helped only a handful of the upper society members, whereas people are still living in poverty.

We have a great platform here which is urging super brains from around the world to come together and collaborate with their ideas and help make this world a better place to live in. You have been a part of this community and I congratulate you on your effort that you have put in.

Thanks once again and all the best for the future
Team GreenSpace

August 31, 2017 20:50

All the best for your project.As today is the last day of competition I am glad that I was able to read your mind blowing project.
Best wishes for your success and thank you so much for your support on my project.

August 31, 2017 20:01

In this fight for a sustainable future, what we need is innovation; something which is not necessarily new, but which makes us look at things from a different angle.

I believe this is one of the major motives of this community which we are a part of. Taking one step together hand in hand towards our goal is the only way we can achieve it.

So I wish you the very best in this endeavour of yours and hope to see you together in the new tomorrow

Team GreenSpace

August 31, 2017 18:12

Yes, it was a wonderful journey !
a. Reading them gives me good bumps. Will you be able to give me some more details about your proposal?
b. Also, please go through my IDEA called EDU-CELL and if you like it, please vote.
c. This is what I could think when I saw your proposal. Truly inspirational and positive initiative from your side that is sending ripples amongst my friends and relatives. If you think it will be applicable in Afghanistan, please send me the details.
Thank You !
Truly, Shuhra K, Afghanistan

August 31, 2017 17:14

What a journey! I am truly amazed.
I read so many good thoughts including yours. UNESCO did a truly amazing job. And if you have already not read it, wont it be great if you have a quick glance at my IDEA called EDU CELL.
Bye for now!
Shuhra (Kabul)

August 31, 2017 16:49


August 31, 2017 09:06

Hi, it's great to read your innovative idea which could help our community in different aspects. It is not easy to go through all the stages and congratulation for your great ideas, hope to see your idea will come true soon.
I would like to invite you to read, comment and even vote for my idea 'Boosting economic growth in Africa with solar energy'. If you find it great, please also share it with your friends. Thank you very much.

August 31, 2017 07:26

Dear Leader,

We are coming to the end of this awesome competition and I appreciate your efforts, drive and support on my idea, 'AfricEnergy'.

No matter how the result comes out, we should always be focused on implementing our unique ideas and projects for the improvement of the World.

Thank you for your contributions, advice and encouragement so far. I hope to connect with you via [email protected]

Best of Luck!

August 30, 2017 23:26

SK !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

August 30, 2017 22:12

Greetings from Afghanistan!
Awesone. Fantastic. Relevant. These are the three words that came to my mind when I read your proposal. Congratulations. If you get a moment, would you be kind enough to read my proposal (IDEAS) called EDU-CELL from Afghanistan? And if you do manage to read it, would you be kind enough to vote if you like the IDEA? And if I am not asking too much, please forward the link to your friends and family.
Thanks in anticipation!
Shuhra K

August 30, 2017 20:30

Dear fellow entrepreneur:
(i) I went through the details of your idea and was indeed very impressed. Would you be kind enough to please explain to me as how you got this idea? Equally importantly, who were (are) the people who inspired you for you to come up with this idea.
(ii) May I also request that you please have a look at my idea called EDU-CELL. If it is relevant in your country, please let me know and I will be happy to provide you with more details to you. I can even help in establishing it in your place during the course of this year!
All the very best!

August 30, 2017 19:04

What a proposal! I am truly amazed.
So many good thoughts including yours. Reading them gives me good bumps. Will you be able to give me some more details about your proposal? And on a different note, wont it be great if you have a quick glance at my IDEA called EDU CELL.
Take care!
Shuhra (Kabul)

August 30, 2017 06:29

Greetings my Colleague ,

Thank you for participating in that great event , it was a great nice Journey , but the best thing of it is meeting good friends here , I hope you achieve your dreams & good luck with your Idea.
thanks again & best wishes for you.


August 30, 2017 02:31


This entrepreneurship-campus platform has been amazing it has enabled us to see all the enthusiasts and to share our passion and experiences to learn from each other. Good luck with your work and wishing you all the success on your journey. Please try to keep in touch; this is important to me as I find this inspirational.

I appreciate all your votes, valuable feedback, advice, and suggestions. For me it has helped me to improve my ideas and also helps me to win and learn from the ideas that you have given me.

Best of Luck! And keep it up

Kindest regards

August 29, 2017 09:13

Hello My Friend!

Thank you for being here all this while. Your dreams are valid and your project is very viable. Keep thriving and best will keep coming your way.

Best of Luck.

August 29, 2017 02:59

Hello everyone,

Now we are reaching the end of the competition. I want to thank everyone who have been voting and commenting on my ideas and interest in helping support GU.

As all of you said, a visual universal language is needed for this continuously developing society. I am trying my best to launch my Gadaa Universe with the help of you and your constructive comments. We will do whatever it takes to exceed your expectations.

Best of Luck! And keep it up

Kind regards

August 28, 2017 23:02

Hello my dear!
Three Questions come to my mind after seeing your excellent proposal:
(a) What is the main inspiration force behind you?
(b) Is your idea applicable in Afghanistan?
(c) Have you read my proposal EDU CELL

Shuhra Koofi

August 28, 2017 19:29

Being a part of India's well-known Entrepreneurship Cell of the most prestigious engineering college in India, I have interacted with many startup enthusiasts, have got to know how they think and what are some qualities that set them apart from the ones who are not able to see their idea through. Reading through your idea, I have realised that your idea has that spark which can help it become a successful venture. Coupled with its aim to help the society achieve its goals sustainably, your idea can be something quite helpful for the same.

But before it's implementation, you need to do a "premortem" check on how it can fail. This would prepare you for any uncalled-for circumstances and help you prepare for them accordingly.

Lastly, I would like you to have a look at our idea, GreenSpace, and share your views about the same.

Team GreenSpace.

August 28, 2017 10:38

Thank you very much Augustine,

As the competition draws to an end. I want to use this opportunity to specially thank everyone that have supported my idea so far (and that includes you), your contributions and criticism are well appreciated.

Thanks again and best wishes
Seth Thomas

August 27, 2017 16:32

Hello dear members of the entrepreneurship community,

I hope you will join us too and learn the GU universal communication system and the Gadaa system practices when the platform and the system implementations are complete and fully ready for use. This work is still under development. I will let you know once it is finished.

Please keep your constructive comments. Your feedback is important! Many thanks to all contributors!

Thank you for supporting GU project. We will notify you as soon as the platform is live.

Best of Luck!

August 27, 2017 15:40

Dear Entrepreneur,

It's a new day and few days to the end of the competition. It has been nice and encouraging having you here, on this platform. I wish to appreciate you.

Best of Luck!

August 27, 2017 01:26

Hello Great Mind,

You have come a long way with this competition and I want to congratulate you for the resilience you have show so far. I tell you what? It's not going to go unrewarded.

Bill Gates has said that "As we look into the next century, leaders will be those who empower others." I totally agree with the successful software developer!

With that, I want to honestly congratulate you once more for been a leader, especially such that will empower others!

You're relevant and I wish you the best with your project.
I wish that we could network beyond the competition,

Kindest regards,
Seth Thomas
([email protected])

August 26, 2017 16:44


To all the people who are asking how to join once the GU platform goes live, all you need to do is to create a free account. Please keep an eye out on the website and my social media pages at: http://gadaauniverse.com/

Kind regards

August 26, 2017 14:43

Hello Great Mind!

Thank you for your support to AfricEnergy so far. I appreciate your kind words, positive remarks and contribution on my idea. As you continue to progress in your quest for the improvement of the World, I wish you success and breakthrough.

Best of luck!

August 25, 2017 13:18

There are just a few days before the end of this stage of the competition and I want to congratulate you for all your effort you put into. All these ideas came from brilliant minds and I am sure the best one will win. I hope you will continue this idea and make impact for the local community and why not for all the world.
Best regards,

August 25, 2017 07:32

Hello Augustine!

Thursday's Inspiration from YCEC; 'The more I want to get something done, the less I call it work.' - Richard Bach

As you progress in working hard to see to the improvement of the World through your idea, I wish you success and breakthrough.

Best of Luck!

August 24, 2017 16:25

Dear community member,

As the competition deadline is approaching near, we would like some feedback regarding our idea, some ways by which we can tweak it and make it a little better and ready for future execution.
(follow this link https://www.entrepreneurship-campus.org/ideas/12/5961/comments)

Please vote and support our idea.

Thank you in advance.
Team GreenSpace

August 24, 2017 15:34

"All our dreams can come true if we have the courage to pursue them" - Walt Disney

Just a short note of motivation and encouragement for you.
Never give up, never quit, there's so much more you can achieve with this idea...

Stay Motivated World Changer!

August 23, 2017 22:26

Dear fellow entrepreneur:
(i) I went through the details of your idea and was indeed very impressed. Would you be kind enough to please explain to me as how you got this idea? Equally importantly, who were (are) the people who inspired you for you to come up with this idea.
(ii) May I also request that you please have a look at my idea called EDU-CELL. If it is relevant in your country, please let me know and I will be happy to provide you with more details to you. I can even help in establishing it in your place during the course of this year!
All the very best!

August 23, 2017 13:18

As we are about to the very end of this competition I give you a bit of encouragement and yet the fact. The competition may reach to an end but the efforts you have shown to your community is great and long lasting, People may come and go but ideas stays forever. This platform is like a family or a classroom where we share all our strength and experience to solve Community challenges.
Your idea is real life touching and I hope you're making more good progress to take it into its full potential no matter what challenge you may face..Never give up.
You may wish to share your experience in my idea
Best of luck!
Uledi Kimbavala

August 23, 2017 11:54

After going through your idea, I firmly believe that you can successfully convert it to an executable project and help the society grow in a sustainable manner. I wish you the best for the same.

I would really appreciate if you could go through my idea as well(follow this link https://www.entrepreneurship-campus.org/ideas/12/5961/comments). Our idea deals with covering an otherwise unused rooftop of a building with green plants, and using that space for a multitude of activities. This would have various positive effects on the environment and also the society in general.

Thank you
Team GreenSpace

August 23, 2017 08:39

An Awesome Day to You, Dear Campus Colleague,

Cheeking through your idea and seeing it progress in this competition leaves me motivated and inspired that with us, our planet will become better and flourish in goodness and development desired by every human being with dreams and aspirations. To keep you moving and staying on in face of challenges as growing Entrepreneurs, it is my pleasure to share this link with you, "7 MOVIES Every Entrepreneur Should Watch", copy and paste this link to view; youtube.com/watch?v=s3x-_yRRUrk

All the best to you in you Idea!

Anita Mbah.

August 22, 2017 08:53

Thank you Augustine.

Having you around is very encouraging and wonderful. I wish you success on your journey and you should always expect the best coming your way.

You may like to see my idea, AfricEnergy, for comments and support.


August 22, 2017 07:49

Thank you if you have already commented my idea Path To Knowledge. If not, I invite you kindly to do it at: https://www.entrepreneurship-campus.org/ideas/12/5633/ I would really appreciate your opinion.
Best regards,

August 22, 2017 05:48

Hello Augustine
I hope you're making good progress whether the competition is on progress or not, this idea of yours should make more progress towards its implementation. Congulatulation for your efforts.
Best of luck
Never give up.

August 20, 2017 15:31


your idea is a very impressive and it will surely be beneficial for all the people..
It looks promising and executable.
Congratulations for all your efforts that you have put into your project.
Good luck

August 19, 2017 22:08


I invite you kindly to please read and give some suggestions or comment my idea GadaaUniverse[GU]-Gadaa Universal Communication System and GU-Fair. I really appreciate your contribution and would be glad to hear your advice and opinion.

Good luck with your work!

Kind regards,

Firanbek Robele

August 18, 2017 13:04

Hi Augustine,

Congratulations on This very innovative and well-thought-of idea of yours, I'm greatly intrigued by its presentation. You have really done all the research necessary and I can say you're set to commence. I wish you the very best with this.

Kindest regards,

In same spirit of community, I also invite you to see my idea of "Eradicating Poverty and unemployment via teens empowerment" and give me your support too.

Thanks once again.

August 18, 2017 12:17

I invite you kindly to comment my idea Path To Knowledge. I would be glad to hear your advice. I have written this message after I commented almost all ideas and projects and probably yours too. I am deeply sorry if this message bothered you, but everyone on this platform wants to go to the finals with his/her idea and makes all it is possible to get there. Maybe not all the actions are fair. Some participants copies the same meaningless message and paste it to all ideas. I just do marketing. Again, I am sorry if this message disturbed you.
Kindest regards,

August 16, 2017 08:56

Hello Augustine!

Your idea is a nice one, as it tends to promote food security and combats hunger, improve and provide massive employment opportunities. I admire your drive for entrepreneurship.

I wish you success and you can stop by on my idea to add your contribution.

Best of Luck!

August 6, 2017 09:45

This idea is great! You have organized it very well and you know exactly what you will do in the future. I encourage you to continue and contribute to the local economy , to help people and to employ the ones who need.
I wish you all the best,

June 6, 2017 20:01

Hello, Mr Augustine. I appreciate your commitment to the improvement of the Agricultural sector. I agree with the vision and goal of this project-to create employment opportunities for as many people as you can. I also appreciate your recognition that afforestation is a good way to combat climate change through planting of trees.
However, I have some reservations about your write up.
1. This write up was suffused with many grammatical errors. This made for a hard read. I suggest edits be extensively made.
2. Going through your bio, I sense that you are not environmentally minded, seeing that you have a background in business and finance. This is not necessarily a bad thing, it just makes me question your future commitment to the importance of the agricultural industry, for example if the business for some reason stops making as much money as anticipated, what is going to happen then?
3. A common theme that I noticed throughout the plan is that you have a general idea of what you want to achieve, however I think you need to be more specific on some issues. How are you going to provide these jobs? What exactly do these jobs entail? How do you plan to sustain these jobs during the growing months and years when there is less work to be done?
Overall, can you specifically talk about these direct, indirect and professional jobs you plan on creating?
4. As a business person, I know you know that your profit estimation lacks concrete backing. You do not account for the expenditure in terms of land acquisition, wages, insurance costs, etc.
5. Lastly, I will appreciate that you cite all sources in which you got your information from. This will not only foster transparency and good literary ethics, but will be good for your audience to learn about the topic better.

I wish you all the best in this contest.

June 6, 2017 10:59

Hello Augustine,

This a great idea and many congratulations for your efforts. All the best for your project. Just a question can you breif me out the chart illustrated.

Best wishes

June 4, 2017 05:35

WOW! This is a great Idea from a great mind, Agriculture was the backbone of Nigeria Economy before it being abandoned for a new means which I believe can never match the Strength of Agriculture. It a great relief we\\\'ve got young minds like him Visioned towards bringing Agriculture back to Stay, to enhance Nigeria Economy.


Ossai Emmanuel C

May 31, 2017 18:13

This is a great idea sir! Thank you and God bless you. This is just what we need in Nigeria! I think we need more of people like you who are ready to make use of the power of agriculture to enhance and improve the economy of our great nation. We can't keep depending on petroleum alone in this country, we need agriculture!

I support Olugbemiga Austin!

Wahab Akeem

May 31, 2017 17:25

This is a wonderful idea and vision. Food is one of the three main necessity of human beings and once it is solved, all other things will fall in place. Moreover, unemployment in Nigeria is now unbearable. It'll be a big plus and relief if your place works out. I wish you a big success

May 31, 2017 11:56

I am soliciting for your vote for my project to win an award and fund for its execution.

My vision is to eradicate poverty, hunger and malnutrition through this project which has the capacity to create 100 jobs annually for thirty years.