David Assogba, the managing director of Reftop Agrofield Limited, has called for wider participation in the country’s agribusiness to unlock potential values in the sector.
Assogba made this known during the recent official allocation of Palm Crest Phase I, reiterating that the company remains committed to expanding opportunities in the sector.
During the allocation, 168 investors officially took possession of their 300 acres in the Reftop Agrofield Limited project at Palm Crest.
According to Assogba, the strong participation in Palm Crest reflects a shift toward agriculture as a dependable investment sector.
He added that the development follows the rapid sell-out of 1380 acres out of the 1,500-acre oil palm estate, which attracted hundreds of subscribers.
“By embracing oil palm investment, Nigerians can secure financial returns while contributing to national economic stability,” he stated.
Assogba stated that the PalmCrest project sold by Reftop Homes Limited is managed by Reftop AgroField Limited, which is also a subsidiary of Reftop Holdings.
He stressed that oil palm has vast economic potential, from food production to manufacturing, making it a critical component of Nigeria’s development strategy.
Assogba disclosed that Palm Crest Phase I, a 1,500-acre oil palm estate, attracted 700 clients after launching in March 2025 and sold out by August 2025, while Phase II expanded to 3,700 acres, drawing 1,400 subscribers and selling out by February 2026.
“Together, both phases account for over 5,200 acres and 2,100 investors, making Palm Crest one of the fastest-growing agro-real estate initiatives in the country,” Assogba stated.
Incorporated in 2025, Reftop Agrofield Limited focuses on agricultural investment, farm development, and agro-consulting services, with a strong emphasis on oil palm and sustainable farming.
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