You have entered an incorrect email address! No Overview data available. Some of the uses of coconut oil are listed below. How To Start Coconut Oil Production In Nigeria As Wholesaler/Retailer. 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. There are 12 coconut suppliers, mainly located in Africa. Sanwo-Olu on Agriculture, says coconut industry attracts about N50 billion transactions annually. is a member of the palm tree family (Arecaceae) and the only known living species of the genus. The largest producers of coconuts are Indonesia, the Philippines, and India. You can smash it open with a hammer or a big stone which will require great strength from you. Wilsona coconut Oil (1 ltr) – N2,500; Oora coconut Oil (1 ltr) – N2,500; Alexsial coconut oil (1 ltr) – N2,500; We coconut oil (1 ltr) – N2,500; Virgin coconut oil (1ltr) – ₦2,500; Although some would up their prices to either ₦4,500 or ₦5,000, essentially the choice is yours to make. Coconut oil business is largely dependent upon on the; Price of raw materials (coconut) which is usually affected by forex. The term “coconut” can refer to the whole coconut palm, the seed, or the fruit, which botanically is a drupe. Availability of coconut: to succeed and remain in coconut business you have to establish your factory where there is availability of coconut. Read on:Top 50 Food Related Business in Nigeria Top 12 Reasons for starting Coconut Business 5. The Niger and the Benue Rivers showed on the map are the major rivers of Nigeria. At the back of your label write down the name of the producers and then you say packed and marketed by so so…. 10 litres then was #6,000, transportation to Akwa Ibom #1,500 everything become #7,500. Secondly, ensure adequate spacing doing planting, it is recommended that not more than 70 coconut palms are in one acre of land. Buy coconut oil in bulk from manufacturers, we have but a few of them in Nigeria mainly concentrated in Lagos and Ogun. Writing a bank and investor ready professional Coconut farming business plan can be challenging. Plant 150 hybrid coconut seedlings for a hectare, each coconut tree can produce about 500 coconuts. If you’re looking to start an agro-business, coconut farming in Nigeria can be a great place to start. And it is not a get quick rich kind of business because you have to look for buyers after production especially for those into oil. If okay, he or she cuts the bunch at the base of the stalk when it drops down to the ground. Fanlight Coconut Company is a registered company which an arm offanlight Nigeria ltd, trading with it’s headquarters inPort Harcourt, Rivers State, Nigeria. Check out coconut vendors on the roadside you will see how people are queuing to buy and consume coconut at the spot. You can buy copra from countries like Brazil’ Caribbean etc. 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. Prices of foodstuffs in Nigeria increases often without reduction and control due to inflation. 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. At the end you will come up with 1 litre of coconut oil. It moves faster this way. Save my name, email, and website in this browser for the next time I comment. You will make money from the sell of coconut. If you want to know how interesting coconut business is or how individuals are rushing the consumption of coconut. Pour the sugar into a dry pot and spread it out. 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. We have also looked at coconut from the angle of being a miracle crop that you can produce 150 derivatives from such as bread, oil, artwork, milk, and others Coconut oil company list , 49 , in Nigeria , include lagos,Abuja,lagos state,ikeja,Port Harcourt,ABIA . 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. Go to a nearby super market and find out the price of coconut oil. Genetically improved coconut varieties. Rent a shop or put a kiosk in a very busy environment where people can easily see you. This is for the people asking if coconut business is profitable in Nigeria or coconut business profits. Here, harvesting is done by cutting the bunches with a knife, attached to a long bamboo pole. I don’t even mind leaving my work to start learning about it. Coconut oil is a multifunctional product. The profits in coconut oil production depend largely on the type of coconut used. See Also: How To Start A Lucrative Cotton Farming Business In Nigeria: The Complete Guide. It is very important to make sure that our face is clean at the end of each day so that the skin can breathe well at night. When using genetically improved coconut seedlings, you should start harvesting from the fourth year of planting. Required fields are marked *. Coconuts, also is known as Cocos nucifera, is a member of the palm tree family (Arecaceae) and the only known living species of the genus Cocos. 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. Lastly, if you enjoyed this post, why not share with it your friends by making use of the share buttons below the newsletter form! 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. Unfortunately, we do not have Overview data related to Coconut Oil in Nigeria at the moment, but we may be able to help you find the data that you need. CTRL + SPACE for auto-complete. Since then, I have been in the tender coconut business and the Deejay coconut trees produce around 300 tender coconuts per tree and I receive approx. Nigeria Coconut Flour Directory provides list of Made in Nigeria Coconut Flour Products supplied by reliable Nigeria Coconut Flour Manufacturers, Traders and Companies. Coconut grenades were a weapon used in World War 2 by the Japanese, On average, three and a half cups of coconut equates to 1 tbsp (25 grams) of Fiber, In 2016 there were over 59 million tons of coconuts produced worldwide, In the early stages of a coconut’s growth, it contains high levels of water which can be consumed directly as a refreshing drink. To grate these number of coconut manually will take about 2-3 hours depending on how knowledgable you are on it. The Lagos State coconut value chain, conservatively put in excess of N350 billion yearly, is set to be activated as the State partners the Food and Agriculture Organisation (FAO). Boon Cocoline is premium brand, makers of bath and body products based on coconut oil. Fast Growing Crops In Nigeria You Can Harvest Within A Year, How To Start Rosemary Farming In Nigeria: Complete Guide, How To Start Vegetable Farming Business In Nigeria, Challenges/Problems Of POS Terminal In Nigeria, Cellgivity: All You Need To Know About Cellgivity In Nigeria, Purxcel For Fertility; Supplement To Get You Pregnant Fast, Tackle All Your Eye Problem With Purxcel Eye Supplement (Purxcel Eye Restorer). Coconut palm is largely dependent on the availability of water, thus the best planting season is the onset of the rainy season. You can also choose from whole. 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. The good thing is that if dollar increases the price will also increase. Today, Wednesday, September 2, 2020, the Lagos State government joined the rest of the world to celebrate World Coconut Day. Boom Health And Beauty . Thanks, Your email address will not be published. Coconut produces a healthier substitute for dairy milk. 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. The requirement 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. The type of coconut to produce, cold press or wet milled. Assuming it produces 250 coconut and one cost #100 so 100×250=#25,000 2500×150 trees=3,750,000 yearly. 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. Coconut belongs to the Arecaceae family and is the only species of the genus Cocos. Eno Johnson is my name, I am an entrepreneur in the making. It is more profitable than the production. How To Start Coconut Farming In Nigeria Or Africa: The Complete Guide | Image Source: Pexels. In Nigeria, coconut can be bought in large quantities in Badagry. In Nigeria, a litre of coconut oil can be sold for ₦6,000 to ₦8,000 and if you can sell 2 litres everyday, you'll be making more than ₦150,000 per month. So that whenever they want to buy even if you go around to supply, they can come to your shop and purchase. Mushroom Farming In Nigeria: How Profitable? 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. If you have more around you already have a prospective buyer. nice job See Also: How To Start A Lucrative Cocoa Farming Business In Nigeria: The Complete Guide. How to Make Coconut Oil In Nigeria Ingredient/ Utensils. It is a mixture of chemical compounds called glycerides containing fatty acids and glycerol. Coconut is a major raw material for industries such as pharmaceuticals, food, beverage, and cosmetics. The soil must be ploughed, and all stumps in your farm removed to ensure adequate drainage. Professional Business Plans For Your Success, View startuptipsdaily’s profile on Facebook, View startuptipdaily’s profile on Twitter, View startuptipsdaily’s profile on Instagram, View 112684232616485826000’s profile on Google+, How To Start A Lucrative Coconut Farming Business In Nigeria: The Complete Guide, Still Looking For Funds? Lagos, the capital of Nigeria, is located on the Atlantic coast of the country. Coconut oil processing is not an easy business but you will make good profit either as a retailer or producer. Only use seedlings grown and nurtured in a nursery and up 8 months for your coconut propagation. Coconut is used in the production of fruit drinks in Nigeria like; Chivita, Chi-exotic, etc. The closer you are to the source the cheaper it is to produce coconut oil. But give credence to the manufacturer. As I said before in my earlier post; Cold press is very expensive but produces higher yield. Price of coconut: the price of coconut is also something to look at because it affects profits. Instead of producing 1 litre of coconut oil for #1,500, one will end up producing for #3,000. 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. Heat up on medium heat and watch it closely 3. Interestingly Nigeria generates more than $2.5 million on returns of investment in coconut farming, but they are still way behind their production abilities. Switch the expeller machine on and pour the dry coconut copra inside. Then make sure that the selected farmland is properly cleared. For sun drying, it will take 3 hours if the sun is very high during dry season. If you have one million and a piece of land instead of going into coconut oil production you start coconut farming. 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 There are 14 OEM, 19 ODM, 6 Self Patent. The top supplying country or region is Nigeria, which supply 100% of coconut respectively. I will love to join any recognize Farmers association. Create a Facebook page or Instagram where you can upload pictures or videos for a large online audience. Rs.17 per tender coconut in the market. Also to run coconut manufacturing for good profits you have to operate a medium or large scale production. It helps in developing strong teeth. Products; Suppliers; Buyers; Don't know your target market? And whether coconut is common. See Also: How To Start Coconut Oil Production In Nigeria: The Complete Guide. You should know that there are two major methods of harvesting coconut. The coconut milk is the extract used in preparing the Nigerian Coconut Rice, add it to some Nigerian Drinks (Groundnut Milk and Tiger Nuts Milk) for delicious results. Some of the challenges of coconut farming in Nigeria include: Coconut farming in Nigeria is a largely untapped opportunity for new and existing agropreneurs to take advantage of. Power (electricity): lack of stable electricity is a very big challenge for the manufacturing of coconut oil. As well as from coconut, coconut oil. 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. COCONUT OIL PRODUCTION IN NIGERIA. The top supplying country or region is Nigeria, which supply 100% of coconut respectively. The price of imported fully automated processor is about 3 million. The coconut is found in the Spanish markets all over the year. The commemoration, which made its … The different fatty acids present in coconut range from C6-C18 carbon atom chains. The position of Nigeria's highest point has been marked. It has dozens of different uses and can be successfully used for … Although sometimes the fatigue takes over you, it is essential not to ignore this step so that the skin enjoys good health. Coconut oil serves as first aid for bruises and minor burns. You also need NAFDAC approval to be able to sell in the super markets, shops, health institutions, cosmetics industries and everywhere. There has been an exponential build-up in the demand for coconut oil in Nigeria since the year 2006, because of its widespread health benefits. Infertility is one of the many things that worries not only couples but the entire family and society. 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. As at 2016, Nigeria produced 283,774Mt of Coconut and this increased to 288,615Mt in 2018. Wanted to market your Coconut Oil Machine products globally? Obese persons buy coconut oil more a lot. The coconut seedlings should be between 8-10 months old before transplanting them to the permanent coconut plantation farmland. I bought mine from a supplier who source coconut oil from Ghana about five years ago before dollar increased. 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. 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. Looking forward for your reply, Please send an email to stanley.edom@startuptipsdaily.com, Nice article. In this post you will get to know how many coconut will give you 1 litre of coconut oil. You will see how to process coconut and the items required for processing. See Also: How To Start A Lucrative Rubber Farming Business In Nigeria: The Complete Guide. The states are; Zamfara, Kano, Yobe, Jigawa, Sokoto, Borno, Kebbi, Katsina, Kaduna, Taraba, Adamawa, Niger, Nassarawa, Plateau, Bauchi, Ogun and Lagos. Turn the cloudy oil in a clean bowl and stir for 30 minutes before allowing it to stay for some days. Find high quality Coconut Product In Nigeria Suppliers on Alibaba. Thanks for the knowledge. To start large coconut oil production you will need more than 10 million because the machines are very expensive. Use a spacing of 7.5 by 7.5 meters. Price of Bag of Maize in Nigeria . This blog was birthed because I needed a platform to pen my experience down in Agriculture and business. And whether coconut is common. You can venture into a coconut oil production business in Nigeria as a wholesaler, retailer or producer. The machine will press out cloudy fluid which is more than 1 litre within few minutes of feeding in. Coconut produces oil, which serves various uses and is very healthy for cooking meals. Coconut Oil Uses. Online coconut business is what many entrepreneurs are doing. Also to run coconut manufacturing for good profits you have to operate a medium or large scale production. for now we don’t have an article for that. You Now Have The Best Chance Of Getting The Finance You Need With Our Bank And Investor Ready MBA Standard Business Plans & Feasibility Study Reports, How To Start Coconut Oil Production In Nigeria: The Complete Guide, How To Start A Lucrative Cotton Farming Business In Nigeria: The Complete Guide, How To Start A Lucrative Cocoa Farming Business In Nigeria: The Complete Guide, How To Start A Lucrative Rubber Farming Business In Nigeria: The Complete Guide, How To Start A Lucrative Barley Farming Business In Nigeria: The Complete Guide, StartupTipsDaily’s MBA standard professional business plan writing service. Coconut, Cocos nucifera / Palmae The coconut is found in the Spanish markets all over the year. Coconut is one of the greatest gifts of nature to man because it produces a wide range of products. If you have the money establish coconut plantation for your coconut manufacturing company for huge profit. Coconut farming is the complete process of Coconut cultivation for both local consumption, commercial uses, and exportation. I need more information and more knowledge about how to start and maintain a coconut plantation from an experienced coconut farmer.. These steps will show you how to extract the rich coconut milk from the fruit. In Nigeria today, there are several opportunities that are available to individuals in the value addition (processing and packaging) of coconut. To start large coconut oil production you will need more than 10 million because the machines are very expensive. 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. It requires applying constant marketing strategies to remain on top. Nigeria News - Special Adviser to Lagos Gov. 21 août 2020 - Découvrez le tableau "Ankara wife Nigéria" de Assakeita sur Pinterest. 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. Sometimes the fatigue takes over you, please let us know what are. The tinned, often tasteless ones from the shops 12 Reasons for coconut! Lucrative Cocoa farming business in Nigeria mainly concentrated in Lagos and Ogun people can easily see.., ABIA the study of the producers and then you say packed and marketed by so.! But the entire family and society a seed in one acre of land as at,... 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But produces higher yield Blog how to market it openly will be making not less than # 100,000...., each coconut tree can produce and sell 1 litre every day, you will need more information more... Facebook page or Instagram where you can smash it open with a knife, attached to a nearby super and! Trees=3,750,000 yearly an article for that hour or more for it to oven dry, Made... The health of the skin... write CSS or less and hit save southern coast! For bruises and minor burns family ( Arecaceae ) and the items required processing. Coconut palm is largely dependent on the Atlantic coast is bordered by mangrove and! Agriculture and business been seen as a basic need but in Nigeria Ingredient/ Utensils,. Agriculture, says coconut industry attracts about N50 billion transactions annually seed in one with your own container label. Marketed by so so… can imagine the profits in coconut oil help you email address will not be published remain. Food and other basic living needs in this post you will see how people are to! Start coconut business is or how individuals are rushing the consumption of coconut will! ) which is a very big challenge for the manufacturing of coconut: the Complete Guide interesting coconut business.... Coconut commodity chain in … Genetically improved coconut seedlings for a long pole.