Category Archives: General

HASTOM NIGERIA AND THE WORLD OF FARM COMMODITIES DEALER SHIP

 

HASTOM NIGERIA AND THE WORLD OF FARM COMMODITIES DEALERSHIP

 

As much as food is in constant demand and supply, it is notable that there is almost no perfect market for agricultural produce. The ultimate goal is to reach and satisfy consumption which of course is insatiable with the sporadic increase in population all over the planet.  Every reasonable producer would desire to cultivate, sell at a very profitable level and satisfy consumers with disease-free foods and fruits. The chain of production starts from farmers to middlemen which include wholesalers and retailers at varying levels to the final consumers. A jump in the cycle sometimes make the farmer reach the consumers, directly. This is fast, more effective and costs less as the consumers gets fresh, cheap and the farmers gets their cash instantly and do not have to bother about the various layers of obstruction middlemen pose.  It is pertinent to have seamless knowledge of how the market operates.

Mr. XYZ decided to practice absentee farming and the farm produce came out fine.  But then, he had grips of fear that the farmers will cheat him, he then went on to sell himself.  He couldn’t have forgotten how they helped cultivate his farmland and didn’t dupe him. On the said day, he went for price listing at the several markets, beforehand. The confusion started when prices vary relatively with the various merchants interviewed. Prices kept increasing with distance from local areas to the cities. He took his farm produce to a city about to his residence. It was alright until he could not sell more than 40% at the end of the day, with no place for him to stay, no outlet to pack the goods into and the driver had to return. He was caught in between. A sound knowledge of the market mechanism would have enlightened him on the prevailing  terms and conditions before he ventured into it. And he would have been prepared, armed with the necessary negotiations skills and be abreast with the current market prices at various locations and the average price.  He had to sell at lower prices to the buyers, near giveaway prices so he could pay the driver and return home. He could not afford to cover the costs of production, running at a loss other than profits.

Over the years, as the pioneer for absentee farming most especially cashew cultivation in Nigeria, our clients’ most asked question is “how do I market this”? Our answer has been that; If you allow us handle the selling of your farm produce, we would handle the stress and marketing while you receive cash at your comfort zone. In 2018 alone, our farm produced over 30,000 cashew fruits which we sold via offline marketing, e-mail marketing and social media ads. With the steady knowledge of how agricultural markets operate. We have ready suppliers and buyers, making our channel active every harvesting season. Producing high quality farm commodities did not just pop up, it had taken in much of our expertise, conscious time and effort.  Our growing cashew plantation churned out an average of thirty tons of  cashew nuts weekly in the last harvesting season. And this is a start point for us. Hastom Nigeria is becoming a force to reckon with in the cashew commodity trade business not just as a major cashew cultivating company in Ogbomoso, but also provides a platform for aggregating quality cashew nuts en mass.

Preparations are on top gear towards the next commodity trading season and you can be a player in this market too. Rest assured however that Hastom Nigeria is your best bet if you are new to the cashew commodity trade game because as lucrative as it is, like Mr. XYZ, it can spell doom for all your investment dreams if you venture into it ignorantly.

The beauty of the agricultural world is that,  it’s a free playing field for everyone, but the loopholes are as vast as its opportunities.

Agriculture is beautiful, so is the cashew trade, how much more trading in a place with the reputation for having the best cashew nuts world over, Ogbomoso.

 

 

CBN TO BAN $1.2B YEARLY FOREX FOR MILK, OTHER DAIRY PRODUCTS.

 

CBN TO BAN $1.2B YEARLY FOREX FOR MILK, OTHER DAIRY PRODUCTS.

There is high possibility that the Central Bank Of Nigeria{CBN} might have finalized plans to include all dairy products including milk to foreign exchange restriction list. This will call for increase in home production and more investment in ranches. It was reported that CBN governor Godwin Emefiele said these dairy products would hit a limitation from access to foreign exchange at parallel and official markets especially when citizens are reluctant to invest in ranches; in a bid to quench the ongoing farmers-herders crisis.

Operators might tag CBN a foister of such policy on them without a resort to an existing business model and the socio-ethnic concerns that meat and milk might cause. The decision might force an increase in the struggle for land between herders and farmers due to the fact that ranching has become a controversial issue majorly after the Federal Government’s proposed RUGA program.

Recently, two meetings held between dairy products’ manufacturers’ and the Central Bank of Nigeria. The need for backward integration and more investment in ranches was discussed as well as the complaints that the bank uses monetary policies to address fiscal issues. Operators noted that extending ranches to other locations would be disruptive to the strategy of their business whereas a successful model that will work for Nigeria would best be practised when pastoral communities are turned better yielders through milk collection, cross-breeding and smallholder farming model.
5% import duties on raw milk products and access to forex remains should be extended to all dairy companies that agreed to backward integration with evidence of milk collection, usage and production facilities, the operators urged the CBN.

The former Minister of Agriculture and Rural Development, Audu Ogbeh said the estimate of the cost of milk importation equals $1.2B annually while national dairy output per year 700,000 metric tonnes and demand is 1,300,000metric tonnes totals a supply of 600,000 metric tonnes needed.

He further said that an average cow in Nigeria could barely produce a litre of milk per day, this is very low compared to other countries where a cow could produce up to 100 litres as transportation of our cows from one place to another leaves their milk production unstable.

The operators further stated that it may have cost implications on the consumers, encourage smuggling as the demand and supply gap is not yet met. Investments might be at stake and the struggle for land between farmers and herders will be on the increase. Only Three Crowns Milk and WAMCO (producer of peak milk) are local producers that have been able to make use of DDP(Dairy Development Programme) across 90 communities in Oyo, Osun and Ogun states.
To be specific, farmers under this programme were able to contribute only 27,045litres in one day.
The general director of manufacturers stated that the organization has been at the main forefront to cause the implementation of the decisions.

Despite that Nigeria is incapable to produce powdered milk at the moment as milk is produced by drying in a tower with high energy use amidst other utilities, it is still used as intermediary or raw material for the local production of several produce consumed in the country.

Hastom Nigeria bags Outstanding Agricultural Real Estate/Agric. Investment Company of the year.

Another edition of Southwest Nigeria Excellence Award was held at the Obafemi Awolowo University Conference Centre, Ile-ife, Osun State, Nigeria on 26th July, 2019 by 2:30pm prompt. Southwest Nigeria Excellence Awards (SNEA) is a yearly award that provides a platform where individuals, companies and industries that are outstanding in their services and impacts the society are being appreciated. It aims to motivate others to emulate the enviable charisma thus making the world a better place. The Award is rotated amongst the states of the South West region in Nigeria after its kickstart in 2011. While speaking at the event, the convener, Mr. Honey Olawale stated that the awardees were nominated by media practitioners and the public followed by voting to shortlist by the media personnel, alone. Without their knowledge, a background screen or check was made to ascertain that they are worthy of the award and if they are, they receive a notification by letter. Aftermath, Hastom Nigeria was then awarded the outstanding Agricultural Real Estate/Agric. Investment Company of the year 2019. He further emphasized that the award  ensures that their is integrity at its peak.

Hastom Foods and Farms popularly known as Hastom Nigeria formerly operating under the name of Hastom Global Services is an agricultural investment company in Nigeria. A pioneer advocate for absentee farming in the nation, providing platforms for individuals interested in investing in agriculture to be a part of the system regardless of distance or busy schedule by providing topnotch management and consultancy services.  Hastom offers crop and livestock investment opportunities, professional farm management, and agricultural consulting services to all types of property owners and investors and tons of investors across borders can attest to the amazing possibilities of the agricultural platform as subscribers.

The company started operations in 2010 as Hastom Global Services Limited but as a result of the need to have a more solid grip on the agricultural interest of the organization, a new company in the name of Hastom Foods and Farms that have become the darling of every agricultural investor as of today with a vision to be an agricultural investment company of global repute redefining the very essence of agriculture, the thoughts and the processes, maximizing the vast opportunities it presents. Aimed at assisting intending farmers get access to arable farmlands suitable for their farming need. Today, Hastom has grown from a farming venture to a leader in the agriculture sector as a provider of farm management and real estate brokerage services with her agricultural operations spanning over 2000 hectares of farmland.

The company has also grown to incorporate other parts of agriculture such as cash crop farming, livestock rearing and food processing services.

Located in Ogbomosho, Oyo State and operates in accordance with the laws and regulations of the Federal Government of Nigeria, Hastom Group of Companies readily leverages on the competitive advantage the location presents with respect to readily available expanse of farmlands as well as being the producer of the best quality cashew in the West African region.

 

While speaking with the CEO, Hastom Nigeria, Mr. Debo Thomas, he said;

      “The story began in 2010 when the dream became a reality. Hastom foods and farms started by selling acres/hectares of land, proceeded into Cashew-cassava cultivation, yam planting, cattle rearing then agro-advisory services. We are the pioneer of absentee farming in Nigeria, giving people the ability to invest in agriculture at the comfort of their homes whilst getting records of the progress of their properly managed farms. It is not a mouth race nor a subject that doesn’t hold water to have clients from far and near trust their investments with us without physical contact. We have clients from Lagos, Abuja, Kaduna, Port-Harcourt amidst many states as well as clients from abroad. I always say we are still crawling; we will soon fly and much more soar until we become a household name in the world of agriculture and value addition not just in Nigeria but across the globe.”

 

You can reach us at hello@hastomnigeria.com or put a call through 08163013001.

AGRICULTURE TO THE GRASSROOTS.

AGRICULTURE TO THE GRASSROOTS.

Charity they say,  begins at home. The days when we chose to be doctors, lawyers and engineers without any preliminary experience had flew like plane. It’s landed us to where we are, right now. In those days, we hardly see a child who wants to be a farmer. The exception comes when one of his parents cultivate or he’s exposed to farming from time.

Today, it won’t skip our notice that old men and women are the producers of the food we consume while young people are propelling towards the knowledge of books.
It would be very normal until the World hunger keeps rising till forever when producers keeps decreasing and consumers, increasing.

What is the way out?
We having more young people in farming. These young people would train the upcoming generations and it goes on and on, like that.

I will argue that agriculture upholds other professions. Envision/imagine a situation whereby the mouth goes on strike, who doesn’t know what that the hands, legs, kidney, heart and brain stops functioning?
Let’s invest in agriculture so you and I can still be on our feet, go to work, parties, religious etc.

Today, we were opportune to make a presentation at the closing ceremony/end-of-the-year party at Kingdom heritage model high school. It was in a bid to encourage the children most especially the ones that excelled in agriculture. Introducing agriculture to grassroots will enhance their love for farming thus grow their passion.

You can save the world by investing in cattle by 15% of your income.

Have you heard of artificially grown beef? They are laboratory grown beef without killing animals, produced with a sample of muscle from an experimented animal. The stem cells are collected from the tissue, multiplied and allowed to be differentiated into crude fibres which bulk up to form muscle tissue. According to Mosa Meat in America, a tissue sample from a cow will produce 80,000 quarter-pounders arising from the built-up muscle tissue. Back in 2013, burger made from lab-grown meat was being presented to journalists. It was however recorded to be overly dry, has an unusual taste and expensive to produce. In recent years, advancement had met with more innovation as a number of start-ups proclaim that they will have these products for sale in the next few years. There were stated excuses or advantages that Lab-grown meat has over natural cattle, they are;

Artificial meat was said to be clean meat because they don`t undergo the dirty process of meat slaughtering and dissecting.
Artificial meat reduces the cruel treatment of animals raised for consumption.
They cut down the environmental costs of meat production and transportation.
Available resources will be used to cultivate and maintain a cultured cell not an entire animal right from parturition.

Subsequently, notable disadvantages have been observed from the other perspective; rearing animals more preferably to generating meat from laboratories. The demerits are stated below;
Increased breeding of meat-producing animals will rise up to conquer the world`s population without the essence of artificial meat.
Artificial meat is much more expensive than natural meat and hence, not affordable for everyone.
There are more alternatives to enlarging the meat market other than producing meat in the laboratories. Aside rearing animals, we now have plant-based meat substitutes such as steaks and mushrooms.
Food regulation process are known to undergo a prolonged period, this could force a decrease in the quality and safety of artificial meat.
Sequel to the point above, the resolve of FDA and other organizations to have the meat labelled by companies pose a threat to consumers’ trust. Labelling without adequate information on how it`s being made/what`s in the food could confuse buyers.
Some groups or cultures are not convinced to consume lab-grown meat. They believe it`s against the law of procreation thereby renders it unlawful and harmful.
The production of laboratory grown meat could remove existing agriculture jobs from contributing to the economy.
The cause of world hunger is much more economical and political in which lab grown meat can’t profer solutions to. This should be addressed other than looking for more production processes.

You aren’t convinced that investing in cattle would turn your life, around for good? You don’t see reasons other than saving the world which might be less beneficial to you? You are wondering if cattle is profilic and sells, fast? Have got answers to your questions, let’s roll;

A secured market; When will the market level encounter a drop? Demand for beef will keep increasing as long as humans exist. Their is no stop time for cattle breeding as it’s consumed far and near by both man and woman without religious constraints.
Market is nearby and open; Transportation of beef is easy as markets are located in nearby places. Market is rarely closed, it’s open almost everyday as beef consumption is on daily basis.
Time constraints might not hinder you; Gone are those days in which the traditional way of rearing cattle is rampant. The world is turned to the era of nomadic herders and contract-breeders; the modern way.
Cattle breeding has high returns if properly managed the costs will be lesser than the expected profits.
Natural beef is much more safe and less expensive than lab meats. You can vouch that all classes of people can buy from your products.

In conclusion, increased beef production will quench the world’s quest for its consumption. But in one way or the other, you might have constraints in investing cattle prior to time, expertise or housing. Contacting nomadic herders might be very stressful arising from lack of understanding, exposure of your cattle to unfavourable conditions amidst pests and diseases.

Here at Hastom Nigeria, we help our clients manage their cattle investments in high favourable conditions thus facilitating maximum profitable returns. For more information about our cattle investment plan, send a notification of interest to us at hello@hastomnigeria.com

 

Farm Machineries and the Agrarian Revolution.

Farm Machinery
Since inception of agriculture over 10,000 years ago, human labour has been the key component in the cultivation of crops and animals breeding. Constraints were inability of human labour to capacitate food production level needed to sustain the ever rising population. We have insufficient number of farmers thus couldn’t help food scarcity as production demands are more than the available human power.
At a time, native contract-farmers(egede people) were contacted, they were very strong people and could work for long hours. They were tireless workers who had the power of 3 people. It was going well until they became excessively demanding. They demanded food, clothing and shelter than necessary. And it came to an abrupt halt.

Nowadays, farm machinery and implements have come to stay making farming, easier. It made a reduction in drudgery, called for effective and efficient farming. It is very easy to purchase implements and machinery in the market. It’s very hard to choose the best. Trust me you don’t want to buy a tractor that you keep maintaining every week. You don’t wanna sell it off six months after you bought it. You’re wondering if you don’t have to spend on farm machinery right after purchase, No, I didn’t say so. Even human beings need maintenance. But when you have prior knowledge about of the necessary costs, you won’t be ignorant and spend unnecessarily.

There are four main costs to incur in farm machinery;
First few years of ownership often have a warranty that covers repair costs at a start. But as time goes on when warranty is over, reality sets in. You start to pay for your costs, yourself.
1) Machinery cost: Making the best management decisions starts with the knowledge of the purchase of effective and efficient machinery. High cost doesn’t necessarily mean the best, low cost doesn’t too. The best way is to purchase in accordance with quality. You will need the advice of experts to buy right. They’ll carefully give you the advantages, disadvantages, care and precautions in each type.

2) Operational cost: These costs are not fixed, they vary in accordance with use, level of maintenance, machine type and age. Engine size, load, operating speed, field conditions determine fuel and lubrication costs of farm machinery.

3) Labour cost: Quality and availability of labour is to be considered important in efficient machinery management. Unless you will operate your machinery yourself, you’ll need an operator. Labour costs major in machinery operations thus calls for accountability. Cost of labour vary with accordance to operations and size of machinery and if you’re on hire purchase. Level of proficiency differs from operator to operator. How then do you determine which operator is the best? Agro-Consultancy services will simply bail you out.
4) Ownership cost: Most farmers would love to own their machineries other than hire purchase. It is recommended that you opt for custom hire when you need a piece of equipment for a specific job, more capacity for a limited period or a new type of equipment without making a long-term capital investment. Ownership costs start from depreciation, capital in investment, insurance to housing. Depreciation talks about the loss in value when it’s being used or not. In other terms, depreciation begins right after phase.

In conclusion, keeping repair records will help you keep budget so you know when you’re running on excessive costs. To save the stress, you can go on hire purchase or seek expert’s advice before buying.
Yes, we’ve talked about the cost, don’t you think we should go over safety precautions and care? We would go over them, below:
1. Ensure to adjust equipment accordingly.
2. Ensure you read up about equipment safety.
3. Ensure you keep children and animals away from working areas.
4. Ensure you are aware of the environment.
5. Ensure you dress appropriately.

At Hastom Nigeria, we specialize in sales and hire of farm machinery and equipments. We provide for a stress-free machinery operation for efficiency and effectiveness.

AFRICA CONTINENTAL FREE TRADE AREA (AfCFTA)

 

 

Over the past couple of weeks, discussion on The Africa Continental Free Trade Area (AfCFTA) has been the talk of town. More so, the reluctance of the Nigerian Government in agreeing with the concord stirred waves in the air. The agreement was signed by majority of African Head of States at the summit held in Kigali, Rwanda between 17th– 21st of March, 2018. Its main goal is to create a single market followed by free movement and an African single currency. As at July 2019, fifty-four (54) African countries had consented to the trade agreement with Eriteria as an exception.

Now that you have a basic understanding of what AfCFTA is all about. It is only right to dive into what its objectives are.

The following are the objectives of AfCFTA;

  • To significantly reduce the rate of unemployment in African countries by creating thousands of job opportunities for African youths.
  • To cause productive competition in initiatives, businesses and industries by taking advantages of opportunities for market access and increase in productivity.
  • To enlarge intra African Trade through harmonization of Trade standards and removal of Trade barriers.
  • To create a single continental market for goods and services with free movement of businessmen and investment, this inadvertently would lead to the successful establishment of the continental customs union and African Customs Union.
  • To bolster the continent’s stagnant economy by strengthening intra-African trade and supply chains.

You might be wondering “how does this really work?” Here is how it does;

  • African countries that are signatories would have to reduce trade tariffs and import quotas amidst one another.
  • There is a need for each country to have the same tariff with the outside world and a reduced or no tariff between African countries.
  • Establishment of a single market which involves free movement of goods, services and other resources with zero tariff and quota between participating countries.
  • The adoption of a unifying single currency and establishment of a political union comes after further integration.

However, despite the numerous derivable benefits of AfCFTA, there are obstacles inhibiting the successful implementation of this free trade agreement. Part of which are the following:

  • The unwillingness of African countries to trade amongst themselves at the expense of trading with foreign countries.
  • Poor railway lines and roads, corruption, strict border controls, violence and diseases pose an imminent danger to a free trade area.
  • The sheer size of Africa is also a notable problem.

However, the aforementioned challenges are surmountable if the following measures are implemented by the participating countries

  • Safety measures to counter the problems, having efficient security to combat miscreants, construction of new roads and repair of old railway lines.
  • Anti-corruption practices, laws and regulation should be implemented.
  • With free movement comes the increased risk of transmitted diseases across borders of countries, strong disease-surveillance system can go a long way.
  • Establishment of monitoring agencies in participating countries to ensure smooth implementation of the trade agreement.

Behold a new dawn for Africa!  Here comes a wonderful time for our dear motherland; Nigeria, as we extend more arms of businesses to our kinsmen in neighboring African countries. We had never exercised our power, strength and potential as a continent all these while. AfCFTA present a perfect opportunity to exploit the untapped horizon.

Here you go motherland, a better future ahead!

 

 

THE RUGA SAGA!!!

Days ago, the Internet screamed at the throb of the initiative that will soon blow over our nation, Nigeria. Different opinions, wide perspectives and claims arose at the decision made by the federal Government. Just like that comes RUGA and it keeps spreading like wild fire but today weve received news that RUGA is suspended. While many claimed it is a source of ethnical domination, some said its a sort of islamization while others accepted it as ease and comfort on the part of citizens. Not to condemn or condole one, we would be going through the whole concept of RUGA.

WHAT IS RUGA ALL ABOUT?

RUGA (cattle settlements in Hausa language) is an initiative meant to curb insecurity and incessant clashes between farmers and herders through expanding cattle rearing from northern states to the other parts of Nigeria. It involves organizing cattle settlements into a secluded environment with provision of amenities like hospitals, vet clinics, schools, road networks and manufacturing facilities to refine and process animal products for dealers in each sector of animal husbandry. Before suspension 12 states out of 36 already subscribed to RUGA even amidst clouded skies, this totals one-third of the countrys population.

WHILE GOALS AND OBJECTIVES INCLUDE;

To avoid conflict issues between cattle herders and farmers in case of animals invading and destroying farm crops on farmlands.

To avoid wandering of cattle for feeding reasons which later result to drastic drain of energy and the feed consumed.

To provide infrastructures that will improve the life of nomadic farmers.

To provide employment opportunities and economic boost in the states that subscribed.

To provide green pastures with high quality and hygiene needed for effective growth.
To provide security and stability in pastoral farming.

THE GOVERNMENT STANDS; Below are the said proclaims declared public by the Federal Government even though it caused a wave of disagreement and grievances within citizens. Lets go.

RUGA is not limited to cattle herders alone but animal farmers too, as beneficiaries.
Federal Government propose to curb open grazing in animals to avoid conflicts, reduce the threats and insecurity to farmers and herders through the initiative.
It is an economic project aimed at jobs creation for citizens that wishes to key in the project.
Government insists that its not an imposing act on the citizens but interested states with land to spare.

Government states that RUGA will make life comfortable and increase financial capability in citizens of the volunteer states.

COMMUNAL STANDS; Several communities in our beloved Nigeria have rose to state their protests and resolve towards the RUGA initiative. We have them, below:

Communities across the south ( south-south, south west, south east etc) declined the initiative (RUGA) being active in their lands, they further proclaim that any governor of their state that buys into the idea is working towards the backwardness of his people.

Calabar inhabitants (south east) further insist that they could buy their pastures with the trucks they used to in selling cows to them as their lands their insufficient and they could not afford to spare.
Dismay resulting from previous attacks in the history of fulanis couldnt allow them to accept RUGA into the lands.

Communities insists that RUGA is a form of discreetly planned islamization, colonization and domineering, ethnic domination using political strategies.
Communities insists that RUGA will further provoke more conflicts other than resolution.

Have you thought about the possible influence that RUGA could have on our nation if adopted? The pros and cons of economic effects are as stated below.

ECONOMIC EFFECTS; (PROS AND CONS) (BENEFITS AND DEMERITS)
Provision of manufacturing entities that will process and add more value to animal products.
Employment opportunities in states who have volunteered to participate in the project.
Long term conflict between herders and land owners whilst establishing a domain resulting from fear that they could get to dominate and own their lands.
Adequate pasture and water will be provided within the RUGA settlement instead of the herders to keep scavenging for it.
Eradication of open grazing in animals as it poses threats to farmers should they trespass.
Reduction in inter-conflicts between farmers and herders.
Increased animal protection to increase quality of Livestock and its products.

Towards the demerits of the said economic effects, there are proposed solutions to help perfect the initiative:

THE WAY FORWARD (ACTUAL AND PROPOSED SOLUTIONS)

Lease of land: The community especially land owners are scared of Fulanis taking over their lands, permanently. The whole show can best be avoided If the lands are leased to them for a period of time as it will be easy to cancel the project should crisis surfaces.
Principle of crime and punishment- During the previous administration when this principle was applied it called for an ethnic balance yielding from a resolution between the management of herdsmen and farmers in which an invasion causes punishment in accordance on the side of the culprit.

Provision of loans: An influence on central bank of Nigeria by the government to provide loans for states in northern Nigeria to build cattle ranches for modern processing of beef which would then be transported nationwide as beef rather than cattle rearing.

Dialogue: Hearing out, dialogue, one-on-one conversation are skillful ways of avoiding future occurrences in conflicts. Before punishing an invader, he deserves to give reasons for his actions. This would call for necessary savages as well as preventions.

In conclusion, as much as we have merits and demerits of RUGA, the proposed solutions could salvage situations to prevent a dismal outing, maintaining peace and harmony in the community and Nigeria at large.

FREQUENTLY ASKED QUESTIONS

 

–  HOW PROFITABLE IS BEEF IN THE MARKET?

Beef is the most commonly consumed meat in Nigeria, currently about 3.6 million cattle are slaughtered annually in Nigeria and 360,000 tons of beef consumed per year. Lagos alone slaughters over 6000 cattle daily with business persons conveying cattle to Lagos from the North making as much as 7 million naira per trip. The combined value of the cattle and beef Industry is  $200 billion; this insinuates that beef has a ready-made market, coupled with fact that cattle can be used for many purposes including meat, milk, leather and labor.

 

– WHY INVESTING IN CATTLE

✓ To localize revenue generated from Cattle farming

✓ Cattle farming is the most profitable part of livestock farming, due to its ready-made market.

✓ Cattle has high feed to meat ratio of any livestock.

✓ Cattle are resilient with the lowest livestock mortality rate.

– WHAT IS THE READINESS OF THE SELLING MARKET? HOW QUICKLY DO THE COWS GET SOLD?

Beef has a ready-made market of its own, and is just a call away.

ABOUT CATTLE INVESTMENT PLAN

– WHAT DOCUMENTS DO I GET AFTER PAYMENT?

A Memorandum of Understanding duly signed, together with any other legal documents as deemed by your Lawyer

– HOW MANY COWS CAN BE INVESTED IN?

Minimum of 1 cow and maximum of 500 cows

– HOW MUCH IS IT PER COW?

An average sized cow cost 80,000 naira which includes transportation fee and other logistics.

– WHAT IS THE DURATION OF THE INVESTMENT?

As the price of cow doubles every 12 months, the investment runs for a cycle of only 12 months, after which the Cycle can be repeated based on the decision of the Investor to continue if not satisfied yet with the size of the cow.

– WHAT IS THE COST OF REARING AFTER THE INITIAL 12 MONTHS?

Same cost as the initial 12 months will be repeated.

– DOES THE REARING COST REDUCE FOR AN INVESTMENT OF MORE THAN ONE COW?

It is at a fixed rate and constant, the more the cow, the more the work and inputs.

– WHERE WILL THE CATTLE BE CATERED FOR?

Hastom Nigeria has a private grazing land that can comfortably house over 1000 cattle, with streams and dependable water sources, which is located at Baba Eko Village, Oriire local government, Oyo state.

– WHO ARE THE PEOPLE BEING USED TO CATER FOR THE CATTLE?

We have our own highly experienced team, with various specialties on cattle rearing.

– WHO DECIDES WHAT IS TO BE DONE WITH THE COW?

The decision of what to do with the cattle is 100% yours, at full maturity of your cattle,  you can sell the cattle yourself or we help sell if you want us to, however Hastom Nigeria owns 6.5% stake of every stock committed to our care.

– WHAT KIND OF CATTLE IS ACCEPTED?

Both Bull (male) and Cow (Female) are accepted for rearing.

– IS THE COST OF A MALE COW THE SAME AS A FEMALE COW?

Yes, the cost of rearing and management are the same.

– IN THE ADVENT OF THE DEATH OF THE CATTLE, WHAT BECOMES OF THE INVESTMENT

All cattle will be insured by our Special Cattle Protection Plan, 2% fee will be deducted from every investment to cater for this insurance.

– WHAT MEASURES DO YOU HAVE IN PLACE TO PROTECT MY INVESTMENT?

1. We have an insurance set up in place, in case of any sudden occurrence

2. Your cattle will be placed alongside other cattle to form a pack, which of course increases the rate of security.

3. The ranch itself is totally secured and located in peaceful environment.

– WHAT IS THE GUARANTEE THAT THIS INVESTMENT IS NOT A FLY BY NIGHT BUSINESS?

We assure you that this is a 100% venture that we are committed to achieving. Hastom Nigeria is a registered Limited Liability Company and has been in the agricultural business for as long as 8 years. We have been in the cattle rearing business for a while and have assisted people in rearing cows; we just came up with this idea to accommodate people who are interested in our short term business. We are also known for our other successful investment packages such as our Cashew-Cassava Investment Plan and Yam Investment Package, as well as other agricultural activities such as sale of farmlands amongst others.

– DOES THE INVESTMENT INVOLVE A CALF OR AN AVERAGE CATTLE

We have a size that we deal in and buy, and if the Calves are brought by investors themselves, we check them if they meet the required size. In case a baby calf is brought, it would be alongside the mother cow for easy nurturing.

– WHAT IF THE FEMALE COW GIVES BIRTH?

So long the mother cow is present; we rear to maturity alongside the mother for the cycle period of the 12 months

– IS THE MANAGEMENT FEE OF A NEW CALF SAME AS THAT OF A MATURED ONE?

Yes, it is the same.

– HOW LONG IS THE TURNAROUND TIME? WHAT IS THE DURATION TO FULL SIZE OF THE CATTLE BEFORE THEY ARE SOLD?

The investment runs on a normal cycle of 12 months, because some investors cannot wait long enough to cash out. Of course the Cow would have doubled in size to when it was initially bought and will be sold based on its size. But an investor can decide and how long and is open to repeat the cycle owing to the level of maturity and size of the cow.

– WHAT IS THE EXPECTED PROFIT?

Total cost – 114,500.00

Project Revenue – 160,000.00

Projected profit – 45,500.00

Hastom Admin Fee 6.5% – 10,400.00

Total Net Projected Profit – 35,100.00

 

– WHAT HAPPENS IF AT THE END OF MY 8-12 MONTHS INVESTMENT, YOU STILL HAVEN’T SOLD ALL MY CATTLE?

We have a ready-made market for this, and as soon as it reaches time, they will be duly sold. Arrangement has also been made for buyers to come to the ranch to buy directly and in even in the presence of the investor if they so request, and also we also allow Investor to take charge of the cow if they so wishes as it is their own property.

– WHAT OTHER MEASURES ARE BEING PUT IN PLACE TO IMPROVE THE INVESTMENT?

We are already in talks with companies like WAMPCO towards a partnership on artificial insemination and diary.

– WHAT IS THE MODE OF OPERTION

There will be a Memorandum of Agreement stating every details as well as the terms and conditions and will serve as what guides both parties in the joint venture.

– WHO PROVIDES THE COW?

You bring your cow or we help you buy a good breed for rearing.

– WHAT HAPPENS IN THE CASE OF A FEMALE COW?

In the case of Female cow, we own 6.5% of the calf after each birth of the mother cow, what becomes or is to be done with the Calf thereafter is decided by the Investor.

– THE 6.5% IS FROM THE WORTH OF THE COW AND DIFFERENT FROM THE REARING COST?

Yes.

 

HOW MANY CALVES DO THEY GIVE BIRTH TO AVERAGELY?

Just one calf annually, but two on rear occasions.

– WHEN DOES THE INVESTMENT TAKE EFFECT

7 days after payment and signing of the Memorandum of Agreement.

– HOW IS THE PAYMENT MODE?

All payments are to be made upfront

– IN THE ADVENT OF THE PURCHASE OF THE INVESTED COW, WHO HANDLES THE TRANSPORTAION?

The purchase price for the cow includes the cost of transportation and other logistics fees.

– HOW CAN AN INVESTOR GET ON BOARD?

You can start by sending a notification of interest to hello@hastomnigeria.com , after which details of the package will be sent to you. Having accepted and consenting to the terms and arrangement of the plan, a memorandum of understanding will be signed following an upfront payment.

– HAVE PEOPLE SIGNED UP FOR THIS IN THE PAST?

We have been in the cattle business for a while and have had course to work with people

and rear their cattle. This investment idea is a new development put in place by Hastom

Nigeria. It is a New Joint Venture set up to allow more people to benefit from the goldmine in the cattle business. As such this investment commences on the 14th of January 2019.

ABOUT HASTOM NIGERIA

 

WHAT IS HASTOM NIGERIA ALL ABOUT?

Hastom Global Services Limited is an agricultural real estate company with the main objective of maximizing the potentials of agriculture. Our interests include;

1. Acquisition and sales of farmlands

2. Agro-consulting

3. Crop and livestock farming

4. Processing

5. Commodity trading

6. Trainings

 

– IS HASTOM NIGERIA A REGISTERED COMPANY AND DO THEY HAVE A LOCATION?

Yes, Hastom Global Services is a registered company, and is located at Suite 18, Ajagungbade complex, High court road, Ogbomosho, Oyo state.

– WHAT OTHER INVESTMENT DOES HASTOM NIGERIA RUN?

1. Cashew-Cassava Investment

2. Yam Investment and other agricultural services.

– WHAT IS YOUR CAC NUMBER

RC864168

 

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“HOW TO GENERATE WEALTH FOR AT LEAST FIFTY YEARS”

For every man or Human Being I know, generating income is a very important goal, every man always sort after generating income or revenue for himself, like that popular anthem by Victor AD, “If we no make money, wetin we gain.”  But I am here to tell you (and show you how), that you can generate for yourself an income, not just anyhow income o, steady and constant rising income for at least 50 years.

With the way things are currently going, we have had people who do more than one Job, just to earn and increase their income rate. People are now taking up extra jobs, after their normal work just to make ends meet. We have people who have morning Job, Afternoon job, some even take Night job. You can imagine going through all this stress just to make money, and boost your income rate. Nigerians especially, we know how to adapt to suffering and hardship, which shouldn’t be so, life can be easier for all of us, if only we can turn towards the right direction.

I cannot begin to mention the things we all do for wealth creation, it’s what we all see every day, like a friend of mine will say, confusion everywhere. But ladies and gentlemen, like they use to say again, what you are looking for in Sokoto is simply under your ‘Sokoto’ (trousers).

How can you ease yourself of all the necessary stress of taking up several jobs and other things, INVEST. When you invest, you buy yourself a day that you don’t have to work anymore; you plan to be your own boss.

Did someone say Invest in what? Am not talking about all these savings investment or stock stuff that you are always skeptical that it might crash one day, am talking about an Investment that is constant and doesn’t crash like the stock exchange, an investment that doesn’t fluctuate like Dollar to Naira exchange rate, in that irrespective of whatever happens to you or these country, your investment is still there.

Have you heard of Real Estate Agriculture? Yea, am talking of a combo of Agriculture and Real Estate. You buy a piece land; you all know a land doesn’t depreciate now. Instead of spending money building houses that will still cost you fortune to maintain later on, you invest that land into farm plantation that will generate you a life-time wealth.

How can you go about this? Hastom Nigeria is an Agricultural Real Estate Company, and has come up with a Cashew-Cassava Plantation Investment opportunity.

How to invest is simple:

          

.       Put a Call through to Hastom Nigeria to discuss about investing

· We have a detailed investment plan or package ready to suit your capabilities, which can be requested by you in other to go through the details of how it is going to run, so you are already aware of how the process will go on before it even begins, isn’t that splendid.

· After going through the details, you can request for a site tour, to probably see the Farm site, which comprises of our Farm and that of other Investors.

· You invest by buying a minimum of 10 acres of our plantation (Farm).

· With just 75% payment, the entire plantation can be set up for you in your name.

 

It’s as simple as stated above. Let’s make this happen, click link to also learn more https://hastomnigeria.com/how-to-become-rich-within-three-years/

 

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