Rent a shop or put a kiosk in a very busy environment where people can easily see you. Then make sure that the selected farmland is properly cleared. Lastly, if you enjoyed this post, why not share with it your friends by making use of the share buttons below the newsletter form! Also you will make good money from selling coconut oil when you add value, the profit becomes exponential. Coconut oil business is largely dependent upon on the; Price of raw materials (coconut) which is usually affected by forex. 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. The soil must be ploughed, and all stumps in your farm removed to ensure adequate drainage. It requires applying constant marketing strategies to remain on top. Coconut palm is largely dependent on the availability of water, thus the best planting season is the onset of the rainy season. Start coconut business by selling to people around you first such as; neighbours, friends, family and close persons. I packaged 50CL for #1,000, you can imagine the profits. 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. Assuming it produces 250 coconut and one cost #100 so 100×250=#25,000 2500×150 trees=3,750,000 yearly. Coconut planting should be done at the onset of the rainy season, but the growing of coconut seedlings should first be done in the nursery. Create a Facebook page or Instagram where you can upload pictures or videos for a large online audience. Thanks for the knowledge. Nigeria has more than 23 million people living in poverty despite the abundance … WHERE TO BUY COCONUT IN NIGERIA There are more than 15 states that produces Coconut. 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. Obese persons buy coconut oil more a lot. Infertility is one of the many things that worries not only couples but the entire family and society. 1. And whether coconut is common. This leads to … You can buy copra from countries like Brazil’ Caribbean etc. 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. Wanted to market your Coconut Flour products globally? The profits in coconut oil production depend largely on the type of coconut used. Instead of producing 1 litre of coconut oil for #1,500, one will end up producing for #3,000. But you can wash the copra before grating to remove dirt. Map. The closer you are to the source the cheaper it is to produce coconut oil. I need more information and more knowledge about how to start and maintain a coconut plantation from an experienced coconut farmer.. How to reach them one on one will depend on the strategy you chose. Eno Johnson is my name, I am an entrepreneur in the making. Sanwo-Olu on Agriculture, says coconut industry attracts about N50 billion transactions annually. 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. Asians are the major producers of coconut oil; Ghana are equally doing well in Africa contributing immensely to their economy through coconut processing business. Turn the cloudy oil in a clean bowl and stir for 30 minutes before allowing it to stay for some days. 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. As at 2016, Nigeria produced 283,774Mt of Coconut and this increased to 288,615Mt in 2018. Boon Cocoline is premium brand, makers of bath and body products based on coconut oil. The following states, which are engaged in production of coconut oil in Nigeria are included in the list: Cross River, Akwa Ibom, Ekiti, Delta, Bayelsa, Ogun, Rivers, Anambra, Ondo, Enugu, Imo, Oyo, Abia, Edo, Ogun, with Cross River, Delta, … The position of Nigeria's highest point has been marked. 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. 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. Our in-depth online export course is specifically designed to help you build a successful export business from scratch IN 90 DAYS WITHOUT LOSING ANY MONEY FROM YOUR INVESTMENTS, GUARANTEED! This is a list of countries by coconut production from the years 2016 to 2018, based on data from the Food and Agriculture Organization Corporate Statistical Database. 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. To grate these number of coconut manually will take about 2-3 hours depending on how knowledgable you are on it. Expect a reply soon You can also choose from whole. 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The coconut is found in the Spanish markets all over the year. Use a filter plate to filter out the oil and package for sale or use. Coconuts serve as a moisturizer and is used in the production of both body and hair creams. I bought mine from a supplier who source coconut oil from Ghana about five years ago before dollar increased. Your email address will not be published. The price of imported fully automated processor is about 3 million. This blog was birthed because I needed a platform to pen my experience down in Agriculture and business. When using genetically improved coconut seedlings, you should start harvesting from the fourth year of planting. Coconut company list ,69 , in Nigeria (agriculture) , include lagos,Abuja,lagos state,ikeja,Port Harcourt,ABIA . A wide variety of coconut options are available to you, such as matured coconut. Mushroom Farming In Nigeria: How Profitable? The term “coconut” can refer to the whole coconut palm, the seed, or the fruit, which botanically is a drupe. The study of the coconut commodity chain in … If you have one million and a piece of land instead of going into coconut oil production you start coconut farming. At the back of your label write down the name of the producers and then you say packed and marketed by so so…. Coconut oil serves as first aid for bruises and minor burns. As well as from coconut, coconut oil. Coconut business is very lucrative especially if you put good money into it but very stressful. Go to a nearby super market and find out the price of coconut oil. With our highly in-depth world-class MBA Standard professional bank and investor-ready business plan & feasibility study report writing service, you can finally have the best chance of getting the finance you need for your business to succeed! How To Start Coconut Farming In Nigeria Or Africa: The Complete Guide | Image Source: Pexels. 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