Titan Farms disburses N246m to investors in two months

IN fulfillment of the promise made, Titan Farms a flagship of Titan Multi-Business Investment Limited, has announced the payment of N246,812,300 to 124 investors in the last two months.

The company made this known through a document attached to a press statement released by the firm on Monday, it also stated that the sum of N49,985,300 and N196,827,000 were paid in December, 2021 and in January, 2022 respectively.

It also informed that these investors were paid cash and products which consist of rice, flour and land.

As of December, 2021, thirty-seven investors were settled and that culminated to N49,985,300, while in January, 2022, eighty-seven investors were also settled to the tune of N196,827,000.

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While confirming the settlement, Chief Executive Officer, Titan Farms, Chief Gbenga Eyiolawi, stressed that N246 million had been paid out as investors’ settlement and assured that investors who are yet to receive theirs would gety paid in due course as the payment process is ongoing.

Eyiolawi, further stated that he has resolved not rest until the last investor is paid, saying that: “Good name is better than gold and silver”.

He, therefore, apologised to every investor for the inconvenience caused by the current situation, stating that the storm would soon be over.