The profits in coconut oil production depend largely on the type of coconut used. At the end you will come up with 1 litre of coconut oil. The different fatty acids present in coconut range from C6-C18 carbon atom chains. I packaged 50CL for #1,000, you can imagine the profits. Read on:Top 50 Food Related Business in Nigeria Top 12 Reasons for starting Coconut Business 5. How To Start Coconut Business In Nigeria: Best Guide, Body Cream Production In Nigeria: Detailed Guide, How To Produce Methylated Spirit In Nigeria, How To Start Phone Repair Business In Nigeria: Detailed Guide, How To Start Stationery Business In Nigeria: (Office Supply), How To Start Book Shop Business In Nigeria: Detailed Guide. The coconut oil production business is largely promoted as one of the most profitable small-scale production businesses any entrepreneur can venture into in Nigeria since the producer doesn’t undergo the common risks and the high cost of production associated with other types of businesses.. Coconut oil is majorly produced in countries like India, Indonesia, and the Philippines. Use the comment box for your questions and get a prompt response and don’t forget to subscribe to our newsletter below, just enter your name and email address. Turn the cloudy oil in a clean bowl and stir for 30 minutes before allowing it to stay for some days. The term “coconut” can refer to the whole coconut palm, the seed, or the fruit, which botanically is a drupe. See Also: How To Start A Lucrative Rubber Farming Business In Nigeria: The Complete Guide. Fanlight Coconut Company is a registered company which an arm offanlight Nigeria ltd, trading with it’s headquarters inPort Harcourt, Rivers State, Nigeria. World coconut oil production has remained at more or less the same level In the last ten years (average 3 MT/year). Looking forward for your reply, Please send an email to firstname.lastname@example.org, Nice article. Wanted to market your Coconut Flour products globally? The position of Nigeria's highest point has been marked. Also to run coconut manufacturing for good profits you have to operate a medium or large scale production. How To Start Coconut Oil Production In Nigeria As Wholesaler/Retailer. Although women are most involved in... Write CSS OR LESS and hit save. With the concerted efforts of Lagos State Government and other stakeholders in the Coconut Value Chain, the yield is expected to increase to more than 400,000Mt within the next 3 years,” the governor said. We appreciate your support Thank you. 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. Coconut trees might become extinct in Nigeria, in the next 50 years, a coconut processor, Mr Muheammad Mustafa, has said, cautioning against its use as building materials substitute. Coconut water on average contains 94% water with around 46 calories a cup, A coconut tree can have up to 180 coconuts harvested during a single harvest. Also you will make good money from selling coconut oil when you add value, the profit becomes exponential. I have A-Z post on coconut farming you can look it up in other to get a better understanding of what I am saying. Genetically improved coconut varieties. You will see how to process coconut and the items required for processing. Coconut is one of the greatest gifts of nature to man because it produces a wide range of products. Notify me of follow-up comments by email. 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. Prices of foodstuffs in Nigeria increases often without reduction and control due to inflation. Products; Suppliers; Buyers; Don't know your target market? So that whenever they want to buy even if you go around to supply, they can come to your shop and purchase. Thanks. This blog was birthed because I needed a platform to pen my experience down in Agriculture and business. Or you buy from coconut oil dealers, these are people who buy from the factory and supply in wholesale. Save my name, email, and website in this browser for the next time I comment. Rs.17 per tender coconut in the market. After removing the meat from the nut, you grate them. The machine will press out cloudy fluid which is more than 1 litre within few minutes of feeding in. You can smash it open with a hammer or a big stone which will require great strength from you. Viva organic extra virgin coconut oil – ₦9000. The process of producing 1 litre is even very stressful for small scale coconut oil processing. Some of the uses of coconut oil are listed below. You will make money from the sell of coconut. Recent research suggests that it is also beneficial in reducing plaque formation and plaque-induced gingivitis. Eno Johnson is my name, I am an entrepreneur in the making. 2. 21 août 2020 - Découvrez le tableau "Ankara wife Nigéria" de Assakeita sur Pinterest. The requirement for now we don’t have an article for that. With the following steps, you can extract fresh coconut milk instead of buying the tinned, often tasteless ones from the shops. Nigeria Coconut Oil Machine Suppliers Directory provides list of Nigeria Coconut Oil Machine Suppliers & Exporters who wanted to export coconut oil machine from Nigeria. And in the process, show you how to make your first $10,000 from the export business within the first 3 months of finishing the course. Thank you sir, Hello Stan Edom See Also: How To Start A Lucrative Barley Farming Business In Nigeria: The Complete Guide, You can now greatly increase your chances of geting the loan/investment you need with our bank and investor ready professional MBA standard business plan writing service. Coconut oil helps maintain a healthy heart, Coconut water can be used as a healthy beverage, Lack of adequate knowledge and technology, Lack of adequate farmland to allow crop rotation, Lack of highly efficient storage facilities for the unprocessed nuts, Lack of capital for large scale production, Lack of easy access to the international market by most farmers in Nigeria, Instability of the international market price of Wheat, Lack of adequate widespread knowledge on how to produce high-quality In Nigeria, Lack of highly efficient storage facilities, Lack of availability of high breed seedling. Power (electricity): lack of stable electricity is a very big challenge for the manufacturing of coconut oil. Coconut, Cocos nucifera / Palmae The coconut is found in the Spanish markets all over the year. Housing Situation in Nigeria According to Nigerian Environmental Study Team (NEST) (1991), total housing requirements in Nigeria were 2238, 000 between 1960-1970 and 5,591,000 from 1970-1980, according to 1974 UN World Housing Survey. 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 And whether coconut is common. You can produce so many other things from it, such as: You don’t have to be a coconut manufacturer before you can start coconut business. And it comes in a set containing; It is always good to start small maybe from boiling or fermentation to modified kitchen method and then to sunlight method. No Overview data available. Nigerian cuisine consists of dishes or food items from the hundreds of ethnic groups that comprise Nigeria.Like other West African cuisines, it uses spices and herbs with palm or groundnut oil to create deeply flavored sauces and soups.Nigerian feasts are colourful and lavish, while aromatic market and roadside snacks cooked on barbecues or fried in oil are in abundance and varied. Nursing mothers or mothers with babies and ladies are the highest patronisers. Boon Cocoline is premium brand, makers of bath and body products based on coconut oil. How To Start Coconut Farming In Nigeria Or Africa: The Complete Guide | Image Source: Pexels. Also to run coconut manufacturing for good profits you have to operate a medium or large scale production. Nigeria is also not left out of these global market as it grows coconut on over 10,000 hectares of land in the country with the potential to generate over $1 billion dollars a year in coconut exports from the country. Coconut farming is the complete process of Coconut cultivation for both local consumption, commercial uses, and exportation. Plant 150 hybrid coconut seedlings for a hectare, each coconut tree can produce about 500 coconuts. It is a mixture of chemical compounds called glycerides containing fatty acids and glycerol. If you need a professional and affordable business plan service, StartupTipsDaily’s MBA standard professional business plan writing service is perfect for your small business. You can also choose from whole. The good thing is that if dollar increases the price will also increase. Coconut is used in the production of fruit drinks in Nigeria like; Chivita, Chi-exotic, etc. In this post you will get to know how many coconut will give you 1 litre of coconut oil. If you can produce and sell 1 litre every day, you will be making not less than #100,000 monthly. If you have one million and a piece of land instead of going into coconut oil production you start coconut farming. You can click here to get started with using StartupTipsDaily’s professional business plan writing service to create the perfect business plan that’d get accepted anywhere. Because a litter can be sold for #6,000-#8,000 even more. Availability of coconut: to succeed and remain in coconut business you have to establish your factory where there is availability of coconut. Coconut palm is largely dependent on the availability of water, thus the best planting season is the onset of the rainy season. Simply let us know what you are looking for and we will try our best to help you. Challenges Of Coconut Farming In Nigeria. I need more information and more knowledge about how to start and maintain a coconut plantation from an experienced coconut farmer.. Body cream is a very important material not just for fashion but for the health of the skin. It moves faster this way. Map. I want to know how to start a lucrative Stevia plant business. The coconut is found in the Spanish markets all over the year. In all you have to dry the grated copra to lowest moisture content for the expeller machine to be able to extract oil from it. The top supplying country or region is Nigeria, which supply 100% of coconut respectively. The coconut oil production business is largely promoted as one of the most profitable small-scale production businesses any entrepreneur can venture into in Nigeria since the producer doesn’t undergo the common risks and the high cost of production associated with other types of businesses.. Coconut oil is majorly produced in countries like India, Indonesia, and the Philippines. Small business ideas, business plans, & tips for African entrepreneurs to start, run, & grow successful businesses. Coconut oil company list , 49 , in Nigeria , include lagos,Abuja,lagos state,ikeja,Port Harcourt,ABIA . See Also: How To Start A Lucrative Cotton Farming Business In Nigeria: The Complete Guide. 6 Mature Coconut; 2 Cups of clean water; Blender; Chopping board; Bowls; Sieves; Stainless steel pots; Note: 6 coconuts produce a cup of oil. 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. Then sale them as your Product the selected farmland is properly cleared,,! You notice one of the genus Cocos Ajah Lagos, the coconut oil is., often tasteless ones from the fourth year of planting a great place to start and maintain a oil. N50 billion transactions annually to sell everytimr cuts the bunch at the end you will how! 1 litre of coconut here, harvesting is done by cutting the bunches with a hammer a! Contact us 2, 2020, the coconut oil price will also increase for this. 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