If you check the internet you will see things like “how you can make 50 million in seven years on 10 hectare of castor” or “earn millions of naira farming castor farming in a year”. 3.7 Pre-Operating activities and expenses Castor bean plant ( ) growing along the edge of San Elijo Lagoon in coastal San Diego County, California. No. This oil is known to have been domesticated in Eastern Africa and was introduced to China from India approximately 1,400 years ago. Castor Bean Farming In Nigeria. You can own a farm today. The production capacity of the proposed plant is four (4) tons per day and would operate a double shift of eight (8) hours each at 80% of installed capacity for three hundred (300) working day producing about one hundred and sixty (160) tons of castor oil bi-monthly. Account Number: 101 76 603 95, Eco Bank Plc 1110 Vermont Ave NW, Ste 550, Washington, DC 20005, USA. Castor seed farming in Nigeria is a profitable money-making agribusiness investment that few Nigerian farmers know about. Maize farming is a high-potential opportunity for Nigeria and its people, especially those who are willing to learn how to turn a business idea as this to wealth. 3.4 Production Process Castor oil has long been used commercially as a highly renewable resource for the chemical industry. Agriculture Over 30bn worth of Castor oil is imported from India alone to Nigeria every year, while Nigerians watch as foreigners come into the country to collect our money in raw cash. 5.8 Viability Analysis, Report Type: Pre- Feasibility Report 3.6 Stock Control Process The crop grows in the wild even where it is not cultivated. The project will educate and empower at least 100 women and youth certified Castor beans farmers to cultivate and own an acre of Castor beans farm which will produce 2.9 tons of castor beans every year. As you`re reading this tutorial today Mon, 17th October 2016, I will be taking you by the hand and showing you how to start and make money from poultry farming in Nigeria and other Africa countries. Language: English Consequently snail farming is not a way to make money quickly! Castor oil plant (Ricinus communis L.) is an important oil crop with little research attention in Nigeria. The lands in South Eastern and South Western parts of Nigeria are very good for beans farming. Get the best knowledge on plantain cultivation in Nigeria by downloading this plantain farming pdf on this page. Access to the Off-takers to international off-takers eliminating middlemen and guaranteeing full income to the farmers in US Dollars. Check out our farms now. 30% according to the official statistics but its well over 60%, this is clearly evident in the increased and continued youth restiveness in the country. KC1, KC2, KC3 and KC4. Delivery time: 24– 48hours. Academia.edu is a platform for academics to share research papers. Nigeria is still importing about #26 billion worth of castor … However, beans don’t grow well in areas with too much rain. The project will educate and empower at least 100 women and youth certified Castor beans farmers to cultivate and own an acre of Castor beans farm which will produce 2.9 tons of castor beans every year. A Review of Small holder Farming in Nigeria: Need for Transformation 12 3R.N.Mgbenka, E.N. After payment call us on 01 -29 52 413 / 08033782777 or email us at foraminiferamarketresearch@yahoo.com with the payment details. Publisher: Foraminifera Market Research Castor oil, produced from castor beans, has long been considered to be of important commercial value primarily for the manufacturing of soaps, lubricants, and coatings, among others. Mechanized Maize (corn) Farming (cultivation) and Corn Flakes Production in Nigeria; The Opportunity. Castor Bean farming with its high dollar income is the paliative. Mbah and C.I. … Castor oil farming is as good as moringa farming. with how everything is so expensive in Nigeria. Major castor oil-producing countries include Brazil, China, and India. Analysis of this... Business Start- Up Training Opportunity in Nigeria, Business Legislations and Resources in Nigeria. 1.8K likes. our business plan Focuses on cassava farming … 4.3.2 Management Support Units GlobalGiving makes it easy and safe for you to give to local projects anywhere in the world. v This report has been drafted by Emmanuel Odunze (FMARD), Hiver Boussini (FAO), Orsolya Mikecz (FAO) and Ugo Pica-Ciamarra (FAO). Request PDF | On Jan 1, 2007, B.O. 3.5 Production Cost Ricinus communis T he castor plant is a robust annual that may grow 6 to 15 feet (2-5 meters) in one season After payment confirmation, the soft copy of the report would be sent to you within 24 hours. 5.3 Source of Capital Tag: Castor Farming Business Plan. This report examines the financial viability of establishing a castor oil processing plant in Nigeria. Omitoyin published Introduction to fish farming in Nigeria | Find, read and cite all the research you need on ResearchGate Castor Oil Farming In Kenya. Academia.edu is a platform for academics to share research papers. Is Rabbit Farming Profitable in Nigeria? 5.6 Profit and Loss Statement Castor farming has been trending since last year up to this moment I am writing this article. In rainfed situations, seed priming with 1% … Release Date: 10/01/2018; Update Every 3- Months Business Description of Cattle Rearing Business Plan in Nigeria. Youth unemployment is grossly downplayed in Nigeria. 4.2 Profile of the promoters A match is a tool for starting a fire. 4.3 Key Management Staff Castor Farming Investment Potential. Ranging from Niger-delta unrests, Boko haram and most recently IPOB. The country of India is the leading producer of castor seeds worldwide. The global demand for castor oil is mainly … January 19, 2018. This report examines the financial viability of establishing a castor oil processing plant in Nigeria. How Nigerians can make money from Castor seed farming. The history of paper dates back to the history of human culture and... Nigerian agriculture is characterized by considerable regional and crop diversity. Maize is perhaps the most common food crop in Nigeria, and also the most important as it is eaten in various dishes and forms the basis for most of the meals … It is a vegetable oil obtained by pressing the seeds of the castor oil plant (Ricinus communis L.) that is mainly cultivated in Africa, South America, and India. The world consumption of castor oil is very high. Beneficiaries become cluster leaders expanding this knowledge and breaking the poverty cycle in Nigeria. Poultry Farming In Nigeria & The Secrets of Making Millions Image; pixabay.com ABC loves you. United Bank for Africa (UBA) 5.2 Startup Capital Estimation 5.4 Security of Loan We don't have good castor seed in Nigeria but we have the best land for castor plant. 3.3 Production Equipment In this cucumber farming pdf book, you will learn the basics of cucumber cultivation and how to identify cucumber plant diseases on the field. The plantain farming manual is one of the best and highly downloaded materials for planting plantain. while providing nonprofits with the tools, training, and support they need to thrive. India is a net exporter of castor oil, accounting for over 90% of castor oil exports, while the United States, European Union, and China are the major importers, accounting for 84% of imported castor oil. Long-Term Impact. Castor Oil Production in Nigeria; The Feasibility Report. of Pages: Text – 30 Pages /Excel – 6 Pages Our vision is to be a strong and visible global brand in the industries we operate in by providing services that adds value to our clients business and resources to develop their business into a strong and visible global brand. Account Name: Foraminifera Market Research Limited 4.4 Details of salary schedule, 5.1 Financial Assumption Foraminifera Market Research Limited is a Nigerian market research and consulting company that partners with clients to support the development of innovative growth strategies. 1.4 Critical Success Factor of the Business 3.2 Raw Materials Even though castor oil accounts for only 0.15% of the world production of vegetable oils, worldwide consumption of this commodity has increased more than 50% during the past 25 years, rising from approximately 400,000 tons in 1985 to 610,000 tons in 2010. Account Number: 274 20 569 37. 5.7 Cash flow Statement This can be your gold. Nigeria imports over N30 billion worth of castor oil every year despite having arable and fertile land, and climatic conditions suitable for its farming. *MG makes available good castor seed (finest quality of hybrids)* ... Also invest in castor farming and earn 420-500k monthly for good 7yrs from an hectare of castor farm. 2.2 Product Packaging and delivery No. Snails as a pest Snails that have escaped from a farm, or been dumped by a farmer, may quickly develop into a serious pest in agriculture. Pepper farming in Nigeria PDF Business: Cattle Rearing and Sales Industry: Agriculture (Animal Farming; Cattle Rearing Business plan in Nigeria) PATILAD Cattle Farm is a start-up Farm that is involved in production of quality and affordable beef, milk, cheese, cow skin for leather companies, cow … 1.7 Contribution to Local and National Economy, 2.1 Description of products According to the Norwegian Ambassador to Nigeria, “Nigeria imports fish especially stock fish from Norway, worth over N109.2 billion Naira ($700million dollars) annually”. It should a… Castor Seeds are valued mainly for their oil, which is used in pharmaceutical products. Most of the money made from castor bean farming is from castor … The crude oil common wealth has been effectively hijacked by the corrupt political and millitary class leading to all forms of youth restiveness and violent agitations from Boko Haram, to Niger Delta insurgency and now IPOB. Pawpaw farming business requires little or no capital that is if you can handle the labour by yourself and own a land. Nigeria's youth unemployment rate particularly graduate unemployment (30% by very unreliable official government statistics) but which could be anywhere above 40% or even more is a ticking societal time bomb. Formats of Delivery: EXCEL / MS WORD 2.5 Target Market Beneficiaries become cluster leaders expanding this knowledge and breaking the poverty cycle in Nigeria. The castor farming business in Nigeria can be a lucrative and profitable venture to start-up, due to its vast market demand and on your own ability to build a wide supply chain network. Cassava Farming Business Plan in Nigeria-cassava farming and processing business plan. Ground seed cakes are used as fertilizers (castor oil pomace) Varieties . To join whatsapp 08084637475. 1.2 Vision and Mission Statement Castor Cultivation Information Guide. Table 2 shows the quantity of Castor imported into Nigeria as estimated by FAO (2013). Catfish farming activities is one of the most lucrative but mind tasking business; the Catfish farming business is one you can actually venture into today. Chilli plants can live and bear fruit for 2-3years. So, it has a high Return of Investment. In general, the current rate of castor oil production is not considered sufficient to meet the anticipated increase in demand. This project has provided additional documentation in a PDF file (projdoc.pdf). The business has been billed as one of the most profitable businesses in the agricultural farming business. Seed Treatment in Castor Cultivation:-It is recommended to treat the seeds with Carbendazim @ 2 grams/kg of seed for preventing seed borne diseases like root-rot and Alternaria blight.Soaking the seeds in water for 18 to 20 hours is advised. Rainfall: 500-600 annually. Access to funds for procurement of the best high- yield and early maturing Castor seeds variety. In the case of cattle farming in Nigeria and how lucrative it can be, a simple check on the rate of cow meat consumption in Nigeria is a testament of how lucrative the business can be, a report once revealed few years back that in Lagos of Nigeria alone, about a hundred thousand (100,000) cows are slaughtered on a daily basis. The proceeds from the farm will help provide for their families' health and well-being. Nigeria is still importing about #26 billion worth of castor oil yearly as at 2017. Rabbit farming can be done on a full time basis or as a part time thing, depending on your schedule. 2.3 The Opportunity It is the result of a series of national workshops, held in 2018 and 2019, on the current status and the future of the cattle and poultry sectors in Nigeria. The soil should have pH of 6-7 (neutral to slightly acidic). Ezeano 1Department of Agricultural Extension, Faculty of Agriculture, University of Nigeria, Nsukka, Nigeria 2Department of Agricultural Extension and Communication, University of Makurdi, Nigeria Castor is one of the oldest cultivated crops; however, it contributes to only 0.15% of the vegetable oil produced in the world. It is... How To Start Bike Logistics Business In Nigeria(Despatch Rider) If you’re looking for a farming business to venture into, the castor farming business in Nigeria is a great option to explore. Castor (Ricinus communis L.) is cultivated around the world because of the commercial importance of its oil. 1.3 Business Objective The good news about pepper farming is it’s multiple and continuous harvests. Castor Farming Investment Potential. 2.4 Pricing Strategy 1.5 Current Status of Business The world consumption of castor oil is very high. We offer one of the safest ways you can benefit from agricultural farm investment opportunities in 2020. Let’s take advantage. Pepper matures within 3-5 months depending on variety, and harvesting can last up to 3months. Account Name: Foraminifera Market Research Limited 2.6 Distribution and Delivery Strategy YES, Rabbit farming is a profitable business in Nigeria. Castor Seeds. You can easily see the effects of poverty and hopelessness in the activities of the women and youths of this Nation as they hussle perpetually for their sustenance daily. Nigeria has been found to have the best land for the cultivation of castor bean seed but we are yet to take advantage of this golden opportunty. Jagdish Reddy ACAF provides free sensitization and training to prospective women and youth castor farmers on the cultivation of castor beans and the processing of its oil. Home → Product → Castor Oil Production in Nigeria; The Feasibility Report. Nigeria has been found to have the best land for the cultivation of castor bean seed but we are yet to take advantage of this golden opportunty. The large, tropical, palmately-lobed leaves make this naturalized plant unmistakable. From the breeding stage, rabbit farming is not as expensive as other livestock production including poultry production. 24,THOMAS SALAKO STREET, OGBA IKEJA, LAGOS (5,444.24 mi) Lagos, Nigeria 23401 Agriculture, Agro – Processing, Forestry And Fishing, How To Set Up A Safety Match Box Manufacturing Plant in Nigeria, How To Set Up A Paper Bag Manufacturing Plant in Nigeria.
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