It moves faster this way. Some of the uses of coconut oil are listed below. Some of the challenges of coconut farming in Nigeria include: It can be difficult and time-consuming Lack of access to good-quality seeds; Pest and Diseases Lack of adequate knowledge and technology; Lack of adequate farmland to allow crop rotation; Poor funding of research activities; Pest and diseases; Bush burning Read on:Top 50 Food Related Business in Nigeria Top 12 Reasons for starting Coconut Business 5. Create a Facebook page or Instagram where you can upload pictures or videos for a large online audience. The price of imported fully automated processor is about 3 million. If you’re looking for an agricultural business to venture into in Nigeria, Africa, and many other parts of the world, Coconut farming in Nigeria is a great place to start. Sanwo-Olu on Agriculture, says coconut industry attracts about N50 billion transactions annually. It is mostly cultivated in the north. Obese persons buy coconut oil more a lot. Procedure. It also stops tooth decay. Coconut producing states in Nigeria Palm trees with coconuts grow mainly on the coast of Nigeria and are located at distance no more than 450 miles from the sea. Also to run coconut manufacturing for good profits you have to operate a medium or large scale production. Coconut Oil Uses. Challenges Of Coconut Farming In Nigeria. The type of coconut to produce, cold press or wet milled. To start large coconut oil production you will need more than 10 million because the machines are very expensive. Cash crops have been creating millionaires, jobs and sustaining the economy of many nation around the world, just as coconut represents golden chance for Nigeria to rake in over $2.5billion annually. The study of the coconut commodity chain in … Coconut produces oil, which serves various uses and is very healthy for cooking meals. . Thanks, Your email address will not be published. Start coconut business by selling to people around you first such as; neighbours, friends, family and close persons. You can also choose from whole. Small business ideas, business plans, & tips for African entrepreneurs to start, run, & grow successful businesses. For you to de-shell 20 coconut, it will take about 15-20 minutes depending on experience but it can take up to an hour for some people especially beginners. Unity estate, Ajah Lagos, Lagos, Lagos. Also you will make good money from selling coconut oil when you add value, the profit becomes exponential. Since coconut oil facilitates absorption of calcium by the body. Nigeria News - Special Adviser to Lagos Gov. With the growing global demand for coconut oil, water, and other by-products, Nigeria is losing potentially over $1 billion yearly from the untapped coconut farming industry. There are 12 coconut suppliers, mainly located in Africa. Because Virgin coconut oil is known to burn down fat as a result of that fat people that want to slim down patronise coconut oil tremendously. You should know that there are two major methods of harvesting coconut. While there is great prospect in coconut farming in Nigeria and many other parts of the world, coconut farming has remained a grossly untapped agricultural resource. After removing the meat from the nut, you grate them. Price of Bag of Maize in Nigeria . The estimated total world production for coconuts in the year 2017 was 60,773,435 metric tonnes, which went up by 3.0% from 59,010,635 tonnes in 2016 with a projected increase by 3% yearly. Required fields are marked *. I will love to join any recognize Farmers association. Eno Johnson is my name, I am an entrepreneur in the making. Lastly, if you enjoyed this post, why not share with it your friends by making use of the share buttons below the newsletter form! It is a mixture of chemical compounds called glycerides containing fatty acids and glycerol. Plant 150 hybrid coconut seedlings for a hectare, each coconut tree can produce about 500 coconuts. The following table shows the dates in which coconuts are found in the United Kingdom market, along with the origin and the weight of the packages. All you have to do is request an understanding of your proposed business model, and you’d have a professional MBA standard business plan ready for you in anywhere from 5 to 14 days. It has dozens of different uses and can be successfully used for … Tackle All Your Eye Problem With Purxcel Eye Supplement (Purxcel Eye... How to start POS business in Nigeria (Withdrawal/Transfers), Complete Guide On PawPaw Farming In Nigeria(Papaya), How To Start Bike Logistics Business In Nigeria(Despatch Rider), Where to source good and large matured coconut. 2. Although the coconut palm is not indigenous to Nigeria, 15,000 ha of land are estimated to be under coconut cultivation in the country, mostly in the coastal areas of Lagos and Ogun State, the delta areas of Rivers, Cross Rivers, akwaibom, Bayelsa and Delta State, northern states of Niger, Taraba, plateau, Nasarawa, kebbi, Sokoto, Kaduna, Yobe and Zamfara. The good thing is that if dollar increases the price will also increase. Coconut is a major raw material for industries such as pharmaceuticals, food, beverage, and cosmetics. It requires applying constant marketing strategies to remain on top. Mushroom Farming In Nigeria: How Profitable? Grate the coconut and set aside. Online coconut business is what many entrepreneurs are doing. It will take about an hour or more for it to oven dry. There are about 10 common types of coconuts which are: Choosing the right farmland is key as the ideal soil conditions that ensure proper growth and performance for coconut palms are well-drained soil between 50-100cm in-depth and good water holding capacity. Because a litter can be sold for #6,000-#8,000 even more. Nursing mothers or mothers with babies and ladies are the highest patronisers. Products; Suppliers; Buyers; Don't know your target market? But give credence to the manufacturer. Genetically improved coconut varieties. As I said before in my earlier post; Cold press is very expensive but produces higher yield. Break your coconut open (to prevent injury, you can wrap it in a towel). 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Years ago before dollar increased, Traders and Companies here, harvesting is by... Plant 150 hybrid coconut seedlings should be between 8-10 months old before transplanting them to the....

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