Xymbolic Development Unveils 2,000-acre Palm City Estate in Oyo State

Rebecca Ejifoma

Xymbolic Development Ltd, a pioneer in real estate and agricultural investments, has launched Palm City, a groundbreaking oil palm estate designed to create sustainable, generational wealth for investors.

Sited in Oyo State, Palm City spans 2,000 acres and offers a unique, hands-off investment model where individuals can own land dedicated to oil palm cultivation.

The CEO, Olisa Umerah, shared insights into the ambitious project, which reflects Xymbolic’s commitment to providing accessible investment opportunities in Nigeria’s growing agricultural
sector.

The Palm City project invites investors to purchase plots of land on the estate, with Xymbolic Development Ltd. handling all aspects of cultivation, production, and management.

This structure allows investors to receive passive yearly income without the operational demands typically associated with agricultural ventures.

Revenue will be generated through the production of palm oil and palm kernel oil, with sales targeted at both local and international markets.

“Our mission with Palm City is to create a pathway to wealth that grows across generations,” Umerah explained, adding that Xymbolic is deeply invested in making land ownership and sustainable income accessible to all.

Xymbolic’s track record includes the Hacienda, an agro-tourism project that brought sustainable agriculture to the public eye.

Palm City takes this concept a step further by offering land ownership alongside professional management, positioning it as a modern investment with the potential for significant returns.

Inspired by Nigeria’s industry leaders, such as Okomu Oil Palm Plc, Palm City seeks to contribute meaningfully to Nigeria’s economy while providing a valuable asset for its investors.

“Palm City was designed to remove the barriers traditionally associated with agricultural
investments,” he said, emphasising the project’s hands-off appeal.

Investors in Palm City are not just purchasing land—they are acquiring a managed estate that delivers consistent returns without requiring hands-on involvement.

The estate includes a high-capacity processing
plant capable of large-scale production, ensuring that the oil palm products meet both local demands and international quality standards.

With a target to plant one million oil palm trees within the next decade, Xymbolic aims to make Palm City a driver of growth and sustainability in Oyo State and beyond.

The launch of Palm City comes at a time when demand for sustainable investment options is on the rise.

Investors who participate in Palm City will own tangible land assets and have the opportunity to expand their holdings as the estate grows.

The project’s initial phase includes 4,000 plots, each designated for oil palm cultivation, and investors can look forward to long-term revenue from the estate’s thriving oil palm production.

Olisa emphasised that the project’s appeal lies not only in the income potential but also in the generational wealth it enables.

“Palm City offers investors a unique opportunity to hold and grow an asset that can benefit families for generations,” he said. “We’re proud to bring this project to Oyo State and create meaningful opportunities that align with Nigeria’s broader economic goals.”

Xymbolic Development Ltd. encourages interested investors to reach out to learn more about
Palm City and how they can take part in this transformative project.