Following the COVID-19 pandemic, many people sought refuge in various “investment” schemes as a means of being better prepared for an uncertain future.
In Nigeria, many of such Agriculture related investment opportunities sprang up, promising enticing rates of returns as high as 25% to 100% per annum – or even more!
Unfortunately, many of these so-called “Agrotech” schemes have failed to deliver on their promises, and those who invested in them have found that their money is “gone with the wind”.
Some of the platforms may have started with genuine intentions but eventually got overtaken by poor management, negative effects of the pandemic, or sheer greed, as the case may be.
Below is a sample list of such schemes, arranged in alphabetical order:
- Agrilet
- Agrorite
- Bazuze
- Ceepass
- Chinmark Ventures
- Crowdyvest
- Eatrich
- Emerald Farms
- Farm Agric
- Farm Power
- Farm4Me
- Farmcrowdy
- Farmforte Food Valley
- Farminvest
- Farmkonnect
- Farmsby
- Farmsponsor
- Foxygreen Agro Enterprise
- Goldvest
- Groupfarma
- HoCorn
- Jadek farms
- Menorah Farms
- Ovaioza Warehouse
- Payfarmer
- Plethora Farms
- Porkmoney
- Porkvest
- Requid
- SGL Farms
- Shopagric
- Thrive Agric
- Titan Farms
- Vestpay
- ViableX
Whereas many of the promoters of these “ventures” have been arrested by law-enforcement agencies, many others are on the run, while their investors are left with losses and regrets.
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