Cashew Nuts: The Business

Cashew Nut

 Cashew nut is a business you should look into.

Doing a business in cashew nuts production can be very profitable if you understand the market and have access to buyers of the product.

But what do they use the nut for? Why are people buying a nut that is usually thrown away by most nigerians?

The process of producing cashew nuts is in four stages, each designed to produce quality edible cashew kernel. And where do you get the nut? It is gotten from the cashew tree.  The cashew nut is the commercial product that you can get from the tree. While the cashew crop can be used in the production of jams, soft, and alcoholics.

Starting a cashew plantation is hard work but the financial reward at the end of the day is worth the hustle. But the cash-crop just don’t grow immediately, you must be patient as it requires a lot of time. A prospective casher farmer must be willing to wait several years before his plantation starts producing cashew.

You can decide whether to process the cashew nut or sell the raw one. It is advisable to process and sell the nut as this significantly increases the market value of the product.

But before diving into the business of Cashew nut production, it is important to get more information and guidance from the right source. Such source includes the Cocoa Research Institute of Nigeria (CRIN) which is located in Ibadan. As any business, exposure to information regarding that business is important as it reduces the risk of failure. Information as to where to grow the crop, the external and domestic market, the cost of business is what you should be looking out for.

Registration of business should be the next thing that should happen. This will give legitimacy to your cashew nut business.

 

 

Nigeria produces 57% of world’s shea nut

shea nut

 

 

According to the Minister of State for Industry, Trade, and Investment, Mrs. Aisha Abubakar, said that Nigeria produces about 57% of the world shea nut production.

She said that industry could benefit Nigeria if the informal sector was properly harnessed.

“Nigeria accounts for about 57 percent of the world shea nut production of which the global shea market for chocolate value is approximately 117 billion dollars while that of the cosmetics industry stands at 382 billion dollars. The 2018 conference no doubt explores the meaning of an African proverb that states if you want to ‘go quickly, go alone; if you want to go far, go together,” the minister said.

She further identified the benefits of developing the shea industry to include employment generation, poverty alleviation, wealth creation, attracting foreign investment.

The Minister said that her ministry will partner with the National Cotton Association of Nigeria (NCA) to organize the 16th annual International African Cotton Congress.

The congress will be focused on mechanized cotton farming to boost African cotton production, she said this congress will expose Nigeria International best practices and new technology in cotton production.

She added that the county was endowed with fertile land for cotton production.

Shea Nut farming would worth looking into.

 

Farmers to be trained on Rice value Chain

rice value chain

Training on Rice Value Chain

8,317 Farmers and Processors are to be trained on Rice Value Chain by the Federal Government and African Development Bank. This training is being provided under Agricultural Transformation Agenda Support Programme (ATASP) Phase 1.

Mr. Haruna Akwashika, the National Coordinator of ATASP-1 said this in an interview with the News Agency of Nigeria (NAN). It was noted that this was done in collaboration with the AfDB.

The training is in line with the Government’s determination to diversify the economy, reduce imports and attain self-sufficiency in rice production.

According to Akwashika, 152,651 tonnes of grains of rice has been released to the market by farmers who benefited from the programme.

He said that 3,931 beneficiaries on cassava and 3,498 beneficiaries on sorghum value chain. 205 youths have been trained on seed production technology as it is believed that one of the problems farmers are facing today is the inability to get improved seeds.

“We are working assiduously on this to make sure that improved seeds are made available to farmers.“More than 40,000 youths have also been trained in various aspects of agribusiness.“About 120,000 new jobs have been created along the commodity value chain component,’’ he said.

From the programme, eight clinics, 21 hand pumps, five rural markets, 10 primary schools in the seven participating states have been provided in its infrastructure development component.

The participating states include Anambra, Enugu, Jigawa, Kebbi, Sokoto, and Niger states.

ATASP-1 was established in 2015. It is funded by the Federal Government and AfDB as its contribution to agricultural development in the country.

The Main objective of ATSP-1 is to attain food and nutrition security, employment, wealth generation and import substitution in the country. It can be recalled that the FG said the country will achieve self-sufficiency in rice production by 2018.

Hibiscus business in Nigeria

Hibiscus

Hibiscus is a genus of flowering plants in the mallow family, Malvaceae and one of the beautiful plants. It a  healthy flower which can be sourced in some state in Nigeria namely: Jigawa, Kano, Katsina, Gombe, Bauchi and Borno state.

The flower requires 4-8 months with night time temperature not below 20 degrees. It also requires 12-13hours of sunlight during the first few months of growth to prevent premature flowerings. During the growth stage, it requires constant monthly rainfall, usually during the first four months.  Even though it grows throughout the year, its peak production is during the dry season of November to April.

On the price of hibiscus, you can sell the produce at ₦7,000- ₦10,000 per 25kg

What is Hibiscus used for?

It can be used for the following;

  • Used to cure cancer.
  • Slows ageing and anti-ageing properties.
  • It lowers cholesterol levels.
  • It darkens hair colour.
  • Serves as raw materials in industries.

It is traded as,

  • Dried Flower
  • Dried shifting

Export Market

The major market destinations are USA, Germany, Holland, Europe, and Asia in general.

Locally, the flower is used to produce zobo drink which is a local drink.

 

 

 

Strawberry Farming In Nigeria

strawberry

Strawberry In Nigeria

Strawberry production in Plateau, Nigeria has been on the increase dispelling previous beliefs that the farm produce could not be grown here.

The favorable agro-ecological weather conditions in Plateau state gives Nigeria the potential to grow the farm produce.

The strawberry is cultivated in Chaha which is located at the outskirt of Vom in Jos South LGA of Plateau state. The cultivation started a few years ago and is now the most important produce that empowers the farmers.

On average, the heart-shaped fruit ₦1000/ kg and each carton weigh about 5-6kg. This means that if a farmer were to sell a carton, he will be making between ₦5000 – ₦6000 per carton.

Most of the farmers who engage in the cultivation of strawberry are in their 20s. This has helped reduce the dependence on government for employment and also reduce the unemployment rate in that LGA. Some of the farmers are also students who pay their tuition fees through this business.

Resellers go to the strawberry farmers early in the morning to buy and resell. Obviously being sold at an extra price, sales of such fruit will yield a better profit.

What the government needs to do in this area is to provide facilities that will aid production of the fruit. Storage facilities will need to be provided as strawberry is a perishable fruit that could go off quickly.

At the moment the country imports strawberry. If the government can encourage cultivation of the fruit in commercial quantity, it will help in generating revenue for the country.

This is good news for the country as it adds to the nation’s food basket. And at Tinker and Bell Trading Limited, we are happy to help farmers locate the right market.

 

Farming Rewards you

Farming

Rewards of Farming

Farming has its reward but how many people are ready to go into it. When you think of farming, what comes to mind? Most people resort to this agricultural activity as the last resort in this country, and this is as a result of unemployment.

Before the era of oil production and export, Nigeria solely depended on the agriculture. This meant that a major part of the country’s revenue was from agriculture. In order words, farming was a lucrative business back in the days. There were different boards like the cocoa board which set the price of the commodity and ensure that farmers were not cheated.

The rate of unemployment in the country has made people (especially the youths) see farming as one of the suitable option available. Starting from the Goodluck era, the government has found it necessary to diversify the economy from being an Oil dependent one.

Like any other regular business, farming offers endless opportunities, but first, you need to have the passion for it. For anyone to succeed in anything he or she does, there has to be passion. That is why going into agriculture with an absence of passion will lead to frustration.

So how can the passion for farming be cultivated? It needs to start at an early stage, that is, teach the importance of agriculture at an early stage. If Agriculture can be taught the same way physics and chemistry are been taught, then people will be able to appreciate the importance and benefits agriculture to the nation.

Conclusion

Through Agriculture, one can grow a business empire. It is best to first focus on a particular cash crop and be a guru in it. Don’t be a cocoa merchant and then branch into sesame seeds almost immediately, you will only set yourself up for failure. Master the craft of your area of agribusiness, build networks of farm produce buyers. Understanding the market through market research to identify the right market for your product.

If you are going into farming for quick wins, you are definitely going to be disappointed. Patience is needed in this area of business.

Farming is lucrative if you focus on what you want to achieve with it. Billionaires are created through this agricultural activity all that is needed is patience, hard work, and dedication.

So are you going to start farming today?

Koji to develop Cassava Value Chain Policy

cassava

The Koji government is partnering with Synergos Nigeria to develop a Cassava Value Chain policy. This is part of efforts to reposition the agriculture sector in line with C’s policy.

Mr. Victor Adejoh, the field manager for Synergos Nigeria in Kogi, Benue and Kaduna states disclosed this in an interview with the News Agency of Nigeria (NAN) on Monday in Lokoja.

Adejoh said that the government has concluded plans to organize a mini-summit on the cash crop from where the policy would develop. According to him, aside from developing a policy on cassava value chain, the summit will also aim at promoting the agriculture sector towards eventual diversification of the economy.

He stated that the summit will help reposition the state on the world map in Cassava Value Chain.

“The mini-summit will through a participatory and inclusive panelist engagement, elicit inclusive steps to evolve a Cassava Value Chain Policy to position Kogi on the world map in the Cassava Value Chain”, he said.

Mr. Adejoh said that the summit would be chaired and co-chaired by the state commissioner for Agriculture, Mr. Kehinde Oloruntoba and the All Farmers Association of Nigeria (AFAN) president in the state, Mrs. Rabi Emaiku respectively.

The ministry of agriculture is in partnership with key ministries, department, and agencies of government and non-state actors in cassava value chain were promoters of the mini cassava summit billed for January 24.

The Koji ministry of agriculture, Agriculture Development Project (ADP), Federal Ministry of Agriculture, Ministry of Commerce and Industry and the State Bureau for Public-Private Partnership (BPPP) would be participating in the summit.

Other organizations including Kogi Network of NGOs, Kogi Chambers of Commerce, Industry, Mines, and Agriculture, Federal Ministry of Environment and Small-Scale Women Farmers Organization of Nigeria (SWOFON).

This is a welcome development by the government of Kogi State.

 

http://Ref: http://newsdiaryonline.com

Nigeria making remarkable progress in agriculture – Buhari

agriculture

 Nigeria making progress in Agriculture- Buhari

Nigeria is making remarkable progress in agriculture according to President Buhari.

President Muhammadu Buhari Thursday in Abuja said the agricultural sector had seen a steady and remarkable progress in two years, and this has significantly reduced the food import bill of the country.

This was made known when the Ambassadors of the Democratic Republic of Greece, People’s Republic of Bangladesh and Republic of Portugal offered him Letters of Credence.

“We are very busy in the agricultural sector, and more Nigerians are getting involved,’’ the President told the Ambassador of the Republic of Bangladesh, His Excellency, Maj. Gen. Kazi Sharif Kaikoband.

President Buhari said the boom in the agricultural sector had also attracted more people, especially younger Nigerians, to pick interest in farming with long-term plans for large-scale farming and export of products.

The Ambassador of Bangladesh commended the President for the courageous steps he has taken in eliminating terrorism in the country.

“We have had the terrorism problem in Bangladesh for more than 36 years,’’ he said, “Bangladesh denounces terrorism in all forms irrespective of color or country.’’

Kaikoband said education and sports provide new opportunities for improved relations as more Nigerians in Bangladesh are in schools or in sports, especially football.

The President also received Letters of Credence from Her Excellency, Ms. Maria Saranto, Ambassador of the Democratic Republic of Greece and His Excellency, Mr. Anthonio Pedro Da Vinha Da Silva, Ambassador of the Republic of Portugal.

In separate meetings, the President congratulated the ambassadors on their postings to Nigeria. He urged them to use the opportunity to explore the potentials of the country and improve the good relations that had been built over the years.

Ginger Farming in Nigeria

Ginger Farming

 

 

What do you know about ginger farming in Nigeria? We sure know that ginger can be consumed as medicine, a delicacy or spice. The medicinal value of this great ancient spice is widely recognized across the world.

Nigeria is one of the top producing countries of Ginger in the world. Locally, ginger is well known and it is in high demand despite being expensive. Kaduna is the highest producer of the crop followed by Gombe, Bauchi, Benue, Nassarawa as major producers. Ginger is widely available in various forms; fresh ginger rhizome, powder ginger, and dry ginger rhizome.

Growing Ginger

For Ginger farming to improve, the following is required,

  • Mulched fertile soil. Loam is the most preferred soil type.
  • Ridges must be made in order to plant the crop.
  • A minimum of 1500mm of annual rainfall is needed.
  • An average daily temperature of about 30 degrees centigrade.
  • Viable ginger rhizomes with buds
  • Good drainage to prevent water logging/ Flooding.

Cultivation

Ginger requires the right kind of nutrients to sustain its growth and maximum yield, especially in the humid environment.  Ginger is cultivated vegetatively from its rhizomes. The vegetative propagation of ginger involves the following steps;

Step One: Land Preparation and Manuring

Get the land well prepared. If the land is being used for continuous cropping, then organic manure or compost manure should be broadcasted in the farm continuously so as to enrich the soil.

Ensure to evenly distribute the manure and allow rain to fall on it for the first time. Once this has happened, go on to the next step immediately.

Step Two: Planting.

Start planting immediately in columns or in rows in order to make harvesting very easy.  You can also use organic or inorganic fertilizers can be used. Compost manure is better. In Nigeria, when growing ginger, it is better to use N.P.K 15:15:15 which is applied twice. The  First application is twenty days after planting at a rate of 4 bags per hectare. The second application is about 40 days after the first application at the rate of 2 bags per hectare.

Step Three: Insulation.

In this third stage, the whole hectare of land is covered with grasses. It is worthy of note that grasses that produce weeds are not to be used. Elephant grass is a perfect material for this purpose.  Insulation is done to prevent direct sunlight from reaching the seed. If sunlight reaches the seed, they will dry up inside the ground,  leading to no germination. Once the whole area has been insulated, it will be left for about two to three weeks for the seed to germinate.

Step Four: Weeding.

The next step is weeding which is done by hand. Using machetes or cutlasses to weed your ginger farm will destroy the seeds in the course of weeding.

Step Five: Harvesting.

On the average, it takes nine months from the time of planting ginger to mature. In Nigeria, harvesting begins in October and runs all through May. Ginger rhizomes can be harvested by hand or with machines such as mechanical digger.

Step Six: Preservation.

Well preserved/ dried ginger has more market values than the wet ones. Preservation is done by cutting transversely or longitudinally and then spreading under the sun.

Step Seven: Storage and Packaging.

Depending on how you want to sell your ginger, dried ginger is packaged can be stored in a 50kg bag or any capacity. It is advisable to store ginger in a cool dry place until you wish to sell them.

This article was referenced from http://nigerianfinder.com/ginger-farming-in-nigeria-step-by-step-guide/