Livingstone Farm Estate

This document and information contained herein shall not be duplicated, forwarded, or distributed without the written consent of Livingstone Mega Industries. All
data projected herein are for information purposes; Livingstone shall not be held responsible for any interpretation of the information by any person.
LIVINGSTONE MEGA INDUSTRIES LIMITED
4B Ogun-Osun River Basin Development Authority,
Oyo Road, Niko, Iseyin, Oyo State
OUR VISION
To be the preferred name for additives free food and snacks globally
MISSION STATEMENT
Profitable growth through innovation, superior customer services, cutting edge technology, and
business best practices.
OUR CORE VALUES
Loyalty, Innovation, Networking, Excellence, and Service captures the very soul of Livingstone
Mega Industries. Not only do we hold them to be sacrosanct, they define the way we do
business.
We combine strong allegiance to our esteemed customers and relentless workers with our
resignation to rolling out excellent products and services using technology, research and
innovation as tools to continually reinvent ourselves so as to adapt to changing situations and
global business best practices.
All this is made possible through our policy of maintaining a network of teams of highly driven
workforce, highly talented, well-motivated and relentlessly engrossed in the pursuit of
customer satisfaction and the company’s expansion.
©CopyrightBiztreeInc.2010.Allrightsreserved.ProtectedbythecopyrightlawsoftheUnitedStatesandCanadaandbyinternational
treaties.ITISILLEGALANDSTRICTLYPROHIBITEDTODISTRIBUTE,PUBLISH,OFFERFORSALE,LICENSEORSUBLICENSE,GIVEORDISCLOSETO
ANYOTHERPARTY,THISPRODUCTINHARDCOPYORDIGITALFORM.ALLOFFENDERSWILLAUTOMATICALLYBESUEDINACOURTOFLAW.

LIVINGSTONE FARM ESTATE
Livingstone Farm Estate is an Agro-investment service of Livingstone Mega Industries Limited
which provides investment opportunities to all who would like to take advantage of the present
growth opportunities in the agro-allied sector to create an alternative income stream or as a
means to prepare for the future. It is structured with activities around three major crops as a
way to hedge our investments. It is a profit sharing arrangement in which investors get a return
on investment that is a reflection of the ratio of the slots they own to the total number of slots
the project has on offer.
The investors would share from a pool of 60% of the gross profits of the project on a pro rata
basis, while the remainder would go to Livingstone Mega Industries Limited.
The farm estate which is structured into slots of hundred thousand each has 252 slots.
There are four investment plans; platinum, gold, diamond, and silver.
The minimum buy-in for the Platinum Plan is One Million naira and consists of ten slots of One
Hundred Thousand Each.
The Gold Plan’s minimum buy-in is Five Hundred Thousand naira and consists of five slots.
The Diamond Plan has a minimum buy-in of Three Hundred Thousand naira and consists of
three slots.
While the Silver Plan has a minimal buy-in of One hundred Thousand Naira

To be part of this project, a would be investor would;
Send a mail with the heading “Livingstone Farm Estate”
In the body of the mail, name, address, and investment plan should be written.
Within twenty-four hours, we would respond to you, asking more questions and answering
whatever other questions you might have for us.
Thereafter, a memorandum of understanding between Livingstone Mega Industries Limited and
would be investor, would be signed before any payments are made.
We can be reached via mail at ceo.livmind@gmail.com. For further enquires, call us on
+2348062148183, or +2348182291334.

The projection for each crop within this project is as shown below:
PROJECTION ON CASSAVA PRODUCTION FOR 50 HECTARES (125 ACRES) OF LAND
COST ANALYSIS
Land leasing:
4,000 PER hectare
50 Hectares = #4,000 x 50 = #200,000
Clearing:
#2,000/acre = #250,000
Ploughing:
#4,000/acre = #500,000
Ridging:
#3500/acre = 437,500
Cultivation (Planting) of cassava
Stem cuttings:
80 bundles of cassava will plant 1 Hectare
4000 bundles will plant 50 Hectares
At #400/bundle = 4000 x 400 = #1, 600,000
#200,000
#1,187,500

Labour: #3000/acre = 375,000
Herbicide: (Primextral etc:)
#10,000/Hectare = #50,000
Labour for herbicide application:
#1500/acre = #187,500
Weeding:
3500/Hectare = #175,000
Transportation
#3000/hectare of planting materials
=#150,000
Fertilizer
5bags per hectare
One bag = #3500 = #875,000
Fertilizer Application @ 1500/acre = #37,500
Harvesting and Marketing
#5000/Hectare = #250,000
#1,975,000
#412,500
#250,000
#150,000
#912,500

Annual Farm Maintenance Cost
Total Expenses
Benefits Analysis
1 Hectare yields 15-20 tons of cassava
With a conservative yield of 15 tons per hectare:
50 Hectares will yield 50x 15
= 750 tons
1 ton sells for between #10,000 and #15,000
With an average selling price of #12,000/ton
Therefore expected revenue = 12,000 x 750
= #9,000,000
Gross Profit= 9,000,000-5,487,500 = 3,512,500
#5,487,500
#400,000
#9,000,000

PROJECTION ON PLANTAIN PRODUCTION FOR 20 HECTARES (50 ACRES) OF LAND
COST ANALYSIS
Land leasing:
4,000 PER hectare
20 Hectares = #4,000 x 20
= #80,000
Clearing:
#2,000/acre = #100,000
Ploughing:
#4,000/acre = #200,000
Cultivation (Planting) of Plantain
Plantain Suckers:
1,400 suckers of plantain will plant 1 Hectare
28,000 suckers will plant 20 Hectares
At #150/Sucker = 28,000 x 150= 4,200,000
Labour: #3000/acre = 150,000
Herbicide:
#80,000
#300,000
#4,350,000

#15,000/Hectare = #300,000
#1500/acre = #75,000
Transportation
#5000/hectare of planting material =#100,000
Fertilizer
5bags per hectare
One bag = #3500 = #350,000
Fertilizer Application @ 1,500/acre = #75,000
#10,000/Hectare = #200,000
Total Cost
Benefits Analysis
1 bunch of plantain sells for #1400
#200,000
#6,330,000
#100,000
#425,000
#500,000
#375,000

Assuming 80% of all plants produce (80% of 28,000 = 22,400), and sale is made at #1000 per
bunch;
Turnover would be
(22,400* 1000) = 22,400,000
Gross Profit would be (22,400,000-6,330,000) = #16,070,000

PROJECTION ON PINEAPPLE PRODUCTION FOR 10 HECTARES (25 ACRES) OF LAND
COST ANALYSIS
Land leasing:
4,000 PER hectare
10 Hectares = #4,000 x 10
= #40,000
Clearing:
#2,000/acre
= #50,000
Ploughing:
#4,000/acre
= #100,000
Ridging:
#3500/acre
= #87,500
Cultivation (Planting) of Pineapple
#40,000
#237,500

Pineapple Suckers:
28,000 suckers of pineapple will plant 1 Hectare
280,000 suckers will plant 10 Hectares
At #40/Sucker = 280,000 x 40= 11,200,000
Labour: #3000/acre = 75,000
Herbicide:
#15,000/Hectare
= #150,000
#1500/acre = #37,500
Transportation
#3000/hectare of planting materials
=#300,000
Fertilizer
5bags per hectare
One bag = #3500 = #175,000
Fertilizer Application @1500/hectare
#11,275,000
#300,000
#250, 000
#187,050

= #75,000
#5000/Hectare = #500,000
Total Cost
Benefits Analysis
1 pineapple sells for #200
Assuming 70% of all plants fruit (70% of 280,000 = 196,000), and sale is made at
#150/pineapple;
Turnover would be
(196,000 * 150) = 29,400,000
Gross Profit would be (29,400,000-#13,289,550) = #16,110,450
#500,000
#13,289,550
#500,000

Total Expenses to be incurred for Livingstone Farm Estate is Twenty Five Million, One Hundred
and seven Thousand Fifty Naira #25,107,050
Total Anticipated Profit from Livingstone Farm Estate is Thirty-Five Million, Six Hundred and
Ninety-Two Thousand, Nine Hundred and Fifty Naira #35,692,950

STAFFING AND EQUIPMENT MAINTENANCE COST
Every project requires human resources to effectively deploy all other resources and so ensure
profitability. Equally, equipments, machines, and tools would have to be maintained to ensure
they don’t break down or fall into a state where they would not be efficient, so as to ensure the
projects sustainability. Livingstone farm Estate is no exception. However, Livingstone Farm
Estate is designed in such a way that those costs are born by Livingstone Mega Industries
Limited, besides the management services they provide for this project. It is for these costs
borne and the management provided that 40% of the project’s profit accrues to Livingstone
Mega Industries Limited.
MARKETING OUTLETS
Profit is made only when sales are made, bearing that in mind, Livingstone Mega Industries has
made adequate arrangement for the sale of the products as follows:
Cassava: If it is to be sold raw, these would be sold to Psaltery Limited, Ado-Awaye, in Iseyin.
However, the target of this project is to process the cassava into garri, cassava chips, flour,
which would be packaged and sold in the open market, Shoprite and other retail stores, to
hotels, as well as starch making companies within Nigeria and abroad.
Plantain: Livingstone Mega Industries currently produces plantain flour which is sold to the
mass market. Like the cassava, these would be processed into flour and sold through retail
stores, sales representatives, and other distributors Livingstone Mega industries has cultivated.

Pineapple: would also be bought and processed by Livingstone Mega Industries and sold
through our existing marketing outlets for our fruit chips production.
RISKS AND ASSUMPTIONS TO BEAR IN MIND
Every project has associated risks and assumptions. The risk this project faces includes natural
disasters such as drought or flooding, slumps in the prices of foodstuff in the market, grazing of
farmland by cattle herders, as well as theft.
However, we have taken measures to mitigate these risks. Firstly, we have careful chosen crops
which are hardy to changes in the elements and in the event of adverse conditions; the worst
that could happen to them is a delay in their market readiness. As such, outright losses would
be less likely. They are also commodities that have a lot of demand, both domestic and foreign.
We would also ensure that our farms are well guarded with the provision of farm houses for
farm hands as well as trained dogs for further security asides ensuring that we identify the
nearest settlement owned by cattle herders and dialoging with them. We have also set up an
emergency response unit equipped with motorized pumps so as to tackle any potential drought
or flood that may arise.
Furthermore, all our projects would be insured by the Nigerian Agricultural Insurance
Corporation.
It should be noted that profit payout takes place April of the next investment cycle and that
investors reserve the right to reinvestment their funds.

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