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Hon. John A. Alalade

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Hon. John A. Alalade

  • Farm Name:Bolday Global Ventures, Ltd.

About Bolday Global Ventures, Nigeria LTD

A member of IAPA
(Total Land at Igangan Farm Settlement: 1500 hectares)
Bolday Global Ventures, Nigeria LTD, and ‘Lalade Farms Nigeria Ltd, are subsidiary companies of Bolday Global Ventures, Inc., New York, USA. As a global enterprise with investment interest in the full gamut of the value chain in the agricultural sector, especially organic farm produce, the company’s principal investors’ eclectic expertise in farming is rooted in firsthand knowledge that encompasses both arable and cash crops. The company’s short term goal involves the production of arable crops to serve as a primary vehicle for generating round-the-year revenue to fund and sustain the rapidly expanding operations of the company, and propel the company towards the actualization of the strategic long-term goals of positioning the organization to become a global player in cash crops production, particularly high quality cashew production, processing, and exporting.

Our approach to farming is guided by our resolve to work knowledgeably, using modern farming techniques and technologies. We intend to work smarter and efficiently, using best practices to maximize yields and ensure profitability. To achieve our goals, the company’s emphasis is on organic food production, hygienic food processing, packaging to international standards, and sophisticated marketing techniques that utilizes modern electronic and print media, including social media and professional platforms, not only in the Nigerian market, but also in the regional West African, African, and exporting into the global food markets.

History:

Through its subsidiary, ‘Lalade Farms, the company has had a major presence as a key player in the agricultural sector in Nigeria, for over thirty years. Our MD/CEO, Dr. Dayo Alalade, is a diaspora based agribusiness practitioner and investor with over thirty years of experience in fishery, snail rearing, yam and potato farming, palm and coconut plantation, and general animal husbandry. Likewise, our Director of Operations, Honorable J.A. Alalade, is a farmer of national repute, with over forty years of experience in large scale production of various farm produce. His expertise is in apiary farming, poultry, grass cutter, piggery, cows and rabbit rearing, snail farming and fishery. He has been a principal officer of the Nigerian Cocoa Farmers Association, and the Chairperson of the Oshun State Animal Husbandry Farmers.
Our company currently owns cocoa plantations, kola-nut farms, bitter kola, coconuts, and palm tree farms totaling over 500 hectares across Oshun State. We also currently operate twenty fish ponds holding 25000 catfish and tilapia, from which we produce branded fresh/live and smoked fish. We produce honey in commercial quantities. Our cassava farm of over two hundred and fifty acres is linked with our Gari factory where we currently produce gari and elubo in commercial quantities. We operate an eku – where we convert our palm fruits into palm oil and our palm kernels into PKC.
  • Farm Name:Bolday Global Ventures, Nigeria LTD.
  • Email:Bolday@gmail.com
  • Phone:0916 032 3249, 0816 454 8744

Plan of action for year one-Cultivate 500 Hectares (1236 acres)

1. Yam-100 acres (3000 heaps per acre x 100 acres = 300,000 heaps/sets)
2. Cassava- 100 acres
3. Maize – 500 acres
4. Beans-100-500 acres
5. Soybeans-500 acres
6. Sesame Seeds – 500 acres

Work Schedule
1. Plant yams, cassava, maize, beans, soybeans, in batches – 500 hectares each year. Simultaneously plant cashew on all 500 acres space @ 7.5m x 7.5m (175 plants per hectare) = 90,000 plants
2. Simultaneously plant cashew on all 500 acres space @ 7.5m x 7.5m (175 plants per hectare) = 90,000 plants
3. One acre = 4046.86 square meters /9meters/9meters = 81 (45 stands per acre)
4. Cover entire rows with leguminous plants like watermelon and melons, etc Operations

Operations
1. Build a six-bed apartment for the workers, plus one storage and a warehouse.
2. Provide a pickup truck and three motorcycles for on-the-farm transportation.
3. Tractor purchase, varied farm equipment, solar lights and portable generators.
4. Line the length and breadth of the land with usable trees, i.e. Teak, Melina, etc.
5. Plant plantains, banana, coconut, oranges, palm trees, mangoes, avocado
6. Irrigated farming – tomatoes, red peppers, veggies-ewedu, cucumber, ugu, etc.

The size of the cultivated land will double year after year until the entire 1500 hectares is occupied and operated by year three. Simultaneously, as the cash crops mature and the cashew plants start to bloom over the next three years, commercial scale beekeeping will commence in earnest.
In addition to a permanent staff of ten, at least forty to fifty seasonal workers will be hired for construction, harvesting, and other clearing work on an annual basis.
We currently rent a house in Igangan town, but plan to purchase about four-acre piece of land to build a guest/training house, warehouse, and processing plant in the future. Once in full operation, the’ processing plant and the ancillary services attached to it is expected to provide permanent jobs to about twenty technical personnel and forty to fifty non skilled workers. The anticipated annual revenue to be generated is between N250mil to N500million.
N25million has been invested so far between acquisition, farm implement and equipment purchase, and sundry supplies, mobilization, personnel, and security services, with several millions more already earmarked to execute the remaining tasks needed to establish a lasting large scale farming.
In terms of the company’s charitable contributions, as a goodwill gesture, about twenty acres of land has been ceded to the primary school that’s located within our allotted land, for use by the school authorities. In addition, the nonfunctional community borehole within the premises of the same school Baptist Primary School at Oke Arinsa, in the Ayete area – has been marked for rehabilitation and repair by our company, for use by members of the farm communities.