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10.03.2023 Featured ‘I Lost N300,000’ — Another Victim of Agropartnerships Investment Company Comes Out

Published 10th Mar, 2023

By Joseph Nzei

It’s been two years since Agropartnerships, an agricultural investment platform powered by Farmforte, a company owned by Osayi Osazuwa and Uyi Osayimwense, disappeared with investors’ funds.

Serah Olawale, an investor, recently told FIJ that she was yet to get her over N200,000 capital invested in the company’s sweet potato plan in October 2021, and the promised return.

“I invested in January 2021 and I was supposed to get my investment and ROI on it by October 27,” said Olawale.

Mail from Agropartnerships
Payment to Agropartnerships
Payment to Agropartnerships

“On October 27, I sent an email to the organisation and got a reply. They told me that they were going through some challenges and needed to reconsider how they made their payouts.”

Mail from Agropartnerships
Mail from Agropartnerships

She noted that the company promised to pay her by February, the following year (2022), but failed to fulfil the promise. Instead, multiple attempts to reach them ended up being futile.

READ ALSO; Doctor Who Invested N800,000 No Longer Hears From Farmforte’s Agropartnerships

She said she lost N300,000 after investing in three units of the scheme.

READ ALSO; How Hale Bird Poultry, a Fraudulent Investment Company, Stole Lagos Resident’s N300,000

PREVIOUS REPORTS

FIJ had reported how Adetoun Adekanmbi, a Lagos State-based medical doctor, lost close to N600,000 after investing in the company.

Lawal Seyi (not real name), another investor, told FIJ how he lost out after investing N96,000 in the firm’s Poultry 02 plan in 2001, and N250,000 in its Cashew Value Chain in January 2021.

David Oyekan (not real name), who also had three investment portfolios worth over a million naira with Agropartnerships, is yet to receive payment.

FIJ reported in April 2022 how the subsidiary company stole billions of naira through several agricultural investment schemes they offered to the general public.

READ REPORT; Investor’s Billions Trapped with Agropartnerships’ Osayi Osazuwa, Uyi Osayimwense

Agropartnerships’ Instagram page is filled with comments from angry investors swindled out of their monies.

READ ALSO; Top 10 Investment Scammers Exposed in FIJ’s Second Year

The company’s office was one of those sealed, according to a statement made by the Securities and Exchange Commission (SEC), on March 11 for engaging in fund management-related investment activities without proper registration.

This prompted a response from the organisation, reassuring its investors that their funds were safe and efforts were being made to resolve the issue.

FIJ called Agropartnerships’ phone number but got no response. A message sent to the company on social media has also not been responded to.

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Published 10th Mar, 2023

By Joseph Nzei

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