Who we are
Red Hill Palms is an integrated agricultural development company committed to transforming Nigeria’s agro-economy through inclusive, sustainable, and farmer-centered solutions.
We are beginning our work in the palm oil value chain, where we aim to demonstrate scalable models that improve productivity, processing, and market outcomes for smallholder farmers. As we grow, we plan to expand into other critical agricultural sectors such as cocoa, cassava, and other high-impact crops that are vital to Nigeria’s food security and rural livelihoods.
Our work spans the entire agricultural value chain, from sustainable cultivation and cooperative farming to processing, storage, logistics, and market access. We design interventions that center the needs of farmers, while also building bridges between governments, investors, and local communities to unlock resources and scale agricultural impact nationwide.
The Palm Bank
A New Model for Supporting Nigeria’s Smallholder Oil Palm Farmer
The Palm Bank is the pioneering initiative of Red Hill Palms, created to address systemic barriers in Nigeria’s palm oil value chain. Built for ultra-smallholder farmers (≤2 hectares), it introduces a produce-based financing model where services are paid for not with cash, but with a share of the farmer’s future harvest. This simple but powerful idea allows low-income farmers to access tools, knowledge, and support that would otherwise be out of reach.
Why It Matters
Smallholder farmers often operate with little margin for growth. Cash constraints, transport challenges, and post-harvest losses keep them trapped in low-income cycles. The Palm Bank model flips that script by offering an accessible, scalable way to increase farm profitability using farmers’ own harvests.
Evidence from programs like Brazil’s Crop Receipts, One Acre Fund, and Nigeria’s NISCOPS shows that bundled support, cooperative sales, and community infrastructure lead to higher yields, better prices, and more resilient livelihoods. The Palm Bank intends on localizes this proven approach in Nigeria’s palm oil sector, with plans to scale.
What Makes Us Different
1. Produce-Based Membership & Financing (Social Collateral): Farmers use future produce as social collateral, unlocking access without loans or debt—an uncommon approach in Nigeria’s agricultural sector.
2. Bundled Support That Solves Multiple Problems at Once: Tackling all constraints together creates a feedback loop of productivity, efficiency, and higher earnings.
3. Laser Focus on the Underserved: the Palm Bank is built exclusively for ultra-smallholders often overlooked by mainstream interventions. Targeting this neglected group closes a major inclusion gap and builds economic resilience at the community level.
4. Self-financing, Circular Model: A circular reinvestment model ensures long-term sustainability while distributing profits back to farmers.
5. Transportation as a Core Intervention: Transportation is embedded into the model, treating access as equally critical as production.
The Result
By combining affordability, inclusiveness, and integration, the Palm Bank helps Nigeria’s most vulnerable farmers transition from survival to profitability, without relying on handouts. It’s not just a support program; it’s a new way of doing rural agribusiness.
Get in touch
Want to talk to us? Reach out to us and we will get in touch with you.