{"id":150021,"date":"2022-02-17T13:51:08","date_gmt":"2022-02-17T12:51:08","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=150021"},"modified":"2022-02-17T13:51:08","modified_gmt":"2022-02-17T12:51:08","slug":"agropartnership-to-investors-weve-designed-specific-payout-timelines","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2022\/02\/17\/agropartnership-to-investors-weve-designed-specific-payout-timelines\/","title":{"rendered":"Agropartnership to investors: We&#8217;ve designed specific payout timelines"},"content":{"rendered":"<p>An agritech crowdfunding platform identified as Agropartnership has revealed that it has designed specific payout timelines to settle investors.<\/p>\n<p>Agropartnerships is an investment platform powered by\u00a0<a href=\"https:\/\/www.farmforte.com\/\" target=\"_blank\" rel=\"noopener\"><strong>Farmforte Limited<\/strong><\/a>.<\/p>\n<p>This was made known on Wednesday by co-chief executive officer of Agropartnerships,\u00a0<span data-preserver-spaces=\"true\">Uyi Osayimwense in a video posted on the company\u2019s official Instagram page.<\/span><\/p>\n<p>Recall that there are reports that<span data-preserver-spaces=\"true\">\u00a0Agropartnerships and similar agritech businesses have been unable to pay their <a href=\"https:\/\/www.withinnigeria.com\/news\/2022\/02\/12\/dmo-well-auction-n150bn-fg-bonds-to-investors-on-feb-16\/\">investors<\/a>\u2019 money, both capital and profit.<\/span><\/p>\n<p>Osayimwense while apologising to investors<span data-preserver-spaces=\"true\">\u00a0explained that the delayed payout was caused by global supply chain disruptions, which impacted the company\u2019s ability to obtain parts of machinery for processing facilities.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">He added that the COVID-19 pandemic affected its business operations.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cIn the past few weeks, many of our partners and investors have had to deal with the inconvenience of delayed cycle payouts of their investments,\u201d Osayimwense said.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cOn behalf of the management team, I would like to sincerely apologise for this (delayed payout of investment) and express that we deeply regret the situation.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cWhile we\u2019re deeply sorry for the turnout of events, we understand that sincere actions speak louder than words this is why our team has been working assiduously over the past few weeks to answer two pertinent questions; how did we get here and how do we make sure that this never happens again.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cThis is a turning point for us given the track record with over sixty thousand subscribers and over twenty thousand successful payouts over the last four years.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cWe understand absolutely how disappointing this had been, however, I want to assure you; our esteem partners, that we cherish the hard-earned trust that you put in us, and that\u2019s why we have taken corrective measures to make sure that this never repeats itself.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cWe appreciate your passion, your endurance and your patience, and we take seriously our responsibility to ensure the safety of your investment.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cTo this end, we have designed specific payout timelines, and we look forward to sharing this with you on the 18th of February during our town hall meeting.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cFor certainty, our highest priority is the confidence of our investors and their inspiration, progress and safety.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cWe remain absolutely committed to the sustainable development of an agricultural chain of Nigeria, and we\u2019re glad to be your partner in progress within the ecosystem.<\/span><\/p>\n<p>\u201cThank you all for the support and the loyalty that you\u2019ve shown us through this period. Once again, we want to give you full assurance that your investments are safe with us.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An agritech crowdfunding platform identified as Agropartnership has revealed that it has designed specific payout timelines to settle investors. Agropartnerships is an investment platform powered by\u00a0Farmforte Limited. This was made known on Wednesday by co-chief executive officer of Agropartnerships,\u00a0Uyi Osayimwense in a video posted on the company\u2019s official Instagram page. Recall that there are reports [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":150033,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[16587],"tags":[30313,3258,30314,191],"class_list":["post-150021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-agropartnership","tag-covid-19-pandemic","tag-farmforte-limited","tag-investors"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Agropartnership to investors: We&#039;ve designed specific payout timelines<\/title>\n<meta name=\"description\" content=\"An agritech crowdfunding platform identified as 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