In fulfillment of a promise made, the Titan Multi-business investment Limited popularly known as Titan Farms has paid N246,812,300 to 124 investors in two months.
This was confirmed via a document attached to a statement released by the firm during the week which also confirmed that N49,985,300 and N196,827,000 was paid in December, 2021and in January, 2022 respectively.
It was gathered that these Investors were paid cash and products which consisted of rice, flour and/or land.
As at December, 2021, thirty-seven (37) investors were settled and that culminated to N49,985,300, while in January, 2022, it was discovered that 87 investors were also settled to the tune of N196,827,000.
The Documents entitled Investment Settlement from Whatsapp Group 2 Titan Farms settlement made in December.
While confirming the settlement, The Chief Executive Officer, Titan Farms, Chief Gbenga Eyiolawi said it is true that over N246 million had been paid out as investors’ settlement and assured that more investors would still be paid as the payment is ongoing.
Gbenga stated that he would not rest on his oars until the last investor is paid, saying that in the Yoruba parlance “Good name is better than gold and silver”.
He, therefore, apologized to every investor for the inconvenience caused by the current situation.
Packaged by Olanrewaju Agiri
