Ibadan Agroforestry Reserve – Oil Palm Backbone

Office Address

101 A Illupeju Street Dolphin Estate Ikoyi
Lagos Nigeria.

Phone Number

Ibadan Agroforestry Reserve – Oil Palm Backbone

25 June - 2025 5:12 pm Closed Now!

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Description

📍 Location: Egbeda LGA, Ibadan, Oyo State, Nigeria
📐 Land Size: 22.23 Acres
🗂 Land Ownership: Owned by a Vercredx Co-Founder
📑 Land Documentation: Available upon request (Title Deed, Coordinates, Owner Consent)

🌲 Strategic Tree Planting Plan

Current Oil Palms: ~1,500 oil palm trees (estimated at 65–70 trees per acre)
Planned Additions (Intercrop Afforestation):

Gmelina arborea: 1,500 trees
Acacia auriculiformis: 1,200 trees
Khaya senegalensis (African Mahogany): 800 trees

⚡ These species are selected for compatibility with oil palm systems, long-term carbon absorption, and timber value.

♻️ Estimated Carbon Credit Yield

Tree Species	No. of Trees	Est. Annual Carbon Yield (tCO₂)
Oil Palm (existing)	1,500	~225 tCO₂/year
Gmelina arborea	1,500	~225 tCO₂/year
Acacia auriculiformis	1,200	~180 tCO₂/year
Khaya senegalensis	800	~120 tCO₂/year
Total	5,000	~750 tCO₂/year

Oil palm sequestration increases with age; replanting will ensure long-term productivity.

🌲 Strategic Tree Planting Plan

Total Trees to Be Planted: ~7,200
(Based on spacing of 3m x 3m, approx. 300 trees per acre x 24 acres)
Species Breakdown:
○ Gmelina arborea: 3,600 trees
○ Tectona grandis (Teak): 2,400 trees
○ Terminalia superba: 1,200 trees

⚡ These species are selected for their high carbon sequestration capacity and
resilience in tropical conditions.

🥬 Agroforestry Integration

Crops: Cassava, Cowpea, Banana, Watermelon
Harvest Cycles: 3–12 months
Benefits: Weed suppression, revenue diversification, local food security

🌱 ESG Impact Pillars

Pillar	Description
Health	Mixed vegetation enhances biodiversity and reduces rural heat island effect
Education	5% of proceeds fund agritech learning programs for local schools
Vocational Skills	Training youth and women in sustainable oil palm-agroforestry practices

🔍 Verification & Status

Standard Targeted: VERRA VCS & Gold Standard (TBC)
Baseline Mapping: Underway
MRV Tools: Drone & IoT soil monitoring (pilot)
Documentation: Available on request

💸 Estimated Budget

Total Required Investment: ₦16,000,000 (~$10,700)
Covers: Agroforestry maintenance, intercropping, seedlings, irrigation, labour, and MRV tools.

🚀 Fund This Project

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