Iveoma, what next please because it is so impossible to login into the account.
@IveomaMedia
Жыл бұрын
I can write an update. Nothing next, they have been sued by everyone big, lawsuits started rolling out last year. And how they have gone silent, highly doubt anyone is getting money back. Terrible communication from company.
@kosinwizu7280
Жыл бұрын
EFCC should allow Agro release our money first before they do what they want to do with them na😭
@TonyaEL
2 жыл бұрын
Thank you for explaining this Iveoma. I got the email this morning and was alarmed until I read about the SEC matter. You explaining this helped ease my mind a bit more. I hope Agropartnerships gets things together.
@IveomaMedia
2 жыл бұрын
I am glad I was able to ease your mind a bit. Let's watch and see
@africainvesther2.0
2 жыл бұрын
This seems like a procedural issue. Unfortunately, the responsibility is on the company to follow up and chase their own compliance. Knowing that they filed their documents and received no updates or responses should have made their legal division go to the offices and get an understanding of where they were in the compliance updates. 🤦🏽♀️🤷🏽♀️
@IveomaMedia
2 жыл бұрын
Honestly companies are following up with the SEC. The problem may be with the SEC, they need to do their work diligently without any additional “incentives.”
@IveomaMedia
2 жыл бұрын
Today, Agropartnerships sent an email out saying that "We began the process in April 2020 to ensure full compliance in anticipation of SEC’s regulatory directives. This included acquiring a fund and portfolio management license from a fund management company and immediately started the license transfer process with the SEC...To this end, we would like to implore all our esteemed stakeholders to remain calm as we are on top of the situation and taking necessary measures to resolve it." I would have added this email to the video but it was too late.
@lizz741
2 жыл бұрын
Ty for breaking this down... SEC should've checked if paperwork had been filed b4 giving investors heart conditions with office closures and dramatic news articles...I hope there are no more hiccups...this is a much needed sector where everyone can win...
@IveomaMedia
2 жыл бұрын
Until I got involved with business & investments in Naija, I didn't understand what was happening. It's dramatic out here lol
@MoneyGist
2 жыл бұрын
Imo, SEC is just trying to save face. These guys have been openly carrying out these investment activities for almost have a decade. The SEC didn't start talking about any required paperwork till 2020 or so. That's part of the reason Farmforte (company behind Agropartnerships) bought a microfinance bank last year. The only reason they're waking up now is because of the recent issues Agropartnerships is having.
@IveomaMedia
2 жыл бұрын
Wow @ 2020. I feel the same @ waking up now. Farmforte issues were too public to be ignored.
@directpropertiesng01
2 жыл бұрын
I wonder oo Nigeria is just a joke.
@UdochiOkeke
2 жыл бұрын
Thanks for the update.
@IveomaMedia
2 жыл бұрын
Thank you for watching 🙏🏿
@eghe5669
2 жыл бұрын
I am just thrilled by the way you talk, keep up the good work and always remember that I love you with all my heart
@IveomaMedia
2 жыл бұрын
Thanks for watching 🙏🏿
@riverland0072
Жыл бұрын
Na so my money take go 😢 6 months later and we are still here
@IveomaMedia
Жыл бұрын
I can write an update. Nothing next, they have been sued by everyone big, lawsuits started rolling out last year. And how they have gone silent, highly doubt anyone is getting money back. Terrible communication from company.
@olusesiolayinka7996
2 жыл бұрын
Wow. Ifuoma you are a very brave woman and God will continue to uplift you. Much as i want to relocate back home from the UK, this is one of the issues that scares me to death. I am sure that the issue here could be a si ple case of SEC wanting bribe fro the poor company. Goodluck and God's blessings on everything you put your hands on.
@IveomaMedia
2 жыл бұрын
My name is Iveoma 😂 spelled exactly like my channel. May God uplift all of us. I do understand @ fear. It’s definitely annoying. And I also agree @ bribe, the good thing about what has happened is that now SEC has to do their job diligently.
@olusesiolayinka7996
2 жыл бұрын
@@IveomaMedia I am very sorry for spelling your name wrong. Was not wearing my glasses and was driving when I in rush sent the message. I am really very sorry and just like you I appreciate it when people take their time to write my name correctly. I am so sorry.
@IveomaMedia
2 жыл бұрын
😂 no wahala. I wasn’t offended at all!! I promise. I definitely appreciate you watching and commenting.
@olusesiolayinka7996
2 жыл бұрын
@@IveomaMedia Thank you.
@Kpangolo
2 жыл бұрын
It's not a big deal until it becomes a big deal. Please, companies operating in Naija, obtain your papers properly before you start collecting money from investors. There is no guarantee that this will not be a big deal.
@naijaman1
2 жыл бұрын
Thanks for the update . I believe ALL AgroTech companies in Nigeria are in similar circumstances (as regards to non payment ) - Farmcenta is an example . It’s a shame because it has been a bright spot for the last 4 years - I guess until COVID hit .
@IveomaMedia
2 жыл бұрын
Yup many Agritech companies that do crowdfunding from the public are having this issue.
@michaelajayi8546
2 жыл бұрын
Thanks a lot
@IveomaMedia
2 жыл бұрын
Glad you appreciate the update.
@MoneyGist
2 жыл бұрын
Institutional funds would imply getting corporate investors like investment banks etc. instead of just relying on funds from retail investors (regular Joes like you and I) Commodity trading refers to their exports - cashew etc. Optimising retail network probably has to do with them reducing operational costs incurred from distributing their products locally... one of the toughest parts of running an agric-focused business in Nigeria. See, I understand the challenges Agropartnerships faced but I also feel they were quite dishonest in their handling of the issues. They should have communicated before payments came due in December. And they definitely should NOT have triggered another round of investments in December literally days before announcing their payment challenges. The whole thing just reeked of fraudulence after that. They might have good intentions but they've lost any trust investors had in them. Let's hope they can turn things around sha.
@IveomaMedia
2 жыл бұрын
Thank you for the break down 🙏🏿 And honestly you are right about the dishonesty. They should have been upfront from Dec and not open that last batch for fundraising.
@pearlymira1298
2 жыл бұрын
Plus, how could Farmforte have gone ahead with the acquisition of the plant in Edo state in December when Agropartnerships was already shaky. I believe it was a very wrong business move. It's hard to imagine they did not see the handwriting on the wall concerning Agropartnerships and its investors' monies when they were sealing the deal. They were certainly dishonest and maybe self-centred... It's sad.
@deecee4310
2 жыл бұрын
OMG… that’s horrendous
@IveomaMedia
2 жыл бұрын
It's surprising and annoying for sure
@chukwuemekaamobi5113
Жыл бұрын
Hi , has Agropartnerships finally paid in 2023??
@edafe4all
Жыл бұрын
Lol.. it was a pyramid scheme… stop making excuses for them
@gamingwiththemaster4714
2 жыл бұрын
VERY SAD I NEED MY MONEY 1M
@nerdtalknaija1
2 жыл бұрын
Great stuff as always, Where do you get the stock videos?
@IveomaMedia
2 жыл бұрын
Thanks, my editor does it. I think you can find it easily online.
@hugelaugh
2 жыл бұрын
Hi Ifeoma, could you point me i the direction of the company update with payment plan your video refers to. I have not received an email with this detail and the project I invested in does not appear to be listed. Could it be the 'FFV' listed is referring to Cashew Value Chain Project? Any further information would be helpful. Thanks.
@anthonyspeco4928
2 жыл бұрын
They didn’t include cashew value chain but I talked to one of their rep all payment starts from July for cashew value chain 5% July 15% oct 20% plus principal Feb 2023
@hugelaugh
2 жыл бұрын
@@anthonyspeco4928 Many thanks for the update. This is truly helpful.
@Ugoglo_Hemsnwears
2 жыл бұрын
Please do you have any update on the Payment July is here
@IveomaMedia
Жыл бұрын
I can write an update. Nothing next, they have been sued by everyone big, lawsuits started rolling out last year. And how they have gone silent, highly doubt anyone is getting money back. Terrible communication from company.
@Ugoglo_Hemsnwears
Жыл бұрын
Please would appreciate if you can tell me more about the sue. Thanks
@Ugoglo_Hemsnwears
Жыл бұрын
Unable to log on to their website a well
@hunt1110011
2 жыл бұрын
i think those who live or lived in USA can relate when she said "tranches?"....lmao
@IveomaMedia
2 жыл бұрын
lol British english kills me sometimes
@hunt1110011
2 жыл бұрын
@@IveomaMedia i grew up speaking british english, so i usually see the comedic nuances in both versions of the language.
@chrisbello-oluwamomi4107
2 жыл бұрын
Good afternoon, please when will l receive my 3000000 (three million naira with I interest back that was d money l saved for 34yrs and about to retire now, pls, release my money so that I don't retire with empty hands. God bless you richly sir
@adeadekanmbi502
2 жыл бұрын
My wallet was fixed last week.
@IveomaMedia
2 жыл бұрын
That’s good to hear
@michaelajayi8546
2 жыл бұрын
250 k gone
@IveomaMedia
2 жыл бұрын
Nooo don't say this quite yet. They still may pay out. They have released a payment plan that is realistic.
@michaelajayi8546
2 жыл бұрын
@@IveomaMedia ok oooo
@seunbabalola5362
2 жыл бұрын
I think it is realistic to assume it is gone. I can’t even log into my account anymore. I haven’t felt so helpless ever. Investing in Nigeria is a sham. 7m gone just like that.
@yemiikuobolati3373
2 жыл бұрын
@@seunbabalola5362 Quite confusing really 😐. Tried logging into my account as well now this morning, My Wallet is gone empty. I was due for a payout last week according to the initial plan. But my Investment was still visible in my wallet when I logged in last week, while I wait for the new payment timeline. But now nothing is available anymore. All their website's links appear to be inactive. Or are they having a mainteinance widow on their website? Dis one tire mi o o
@michaelajayi8546
2 жыл бұрын
They are going to destroy iveoma media . Period .This is naija iveoma and why no one from the diaspora wants to invest in Africa . 😒
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