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. 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. Ground seed cakes are used as fertilizers (castor oil pomace) Varieties . Account Number: 101 76 603 95, Eco Bank Plc Delivery time: 24â 48hours. Academia.edu is a platform for academics to share research papers. Language: English 3.7 Pre-Operating activities and expenses To join whatsapp 08084637475. Castor farming has been trending since last year up to this moment I am writing this article. Find a vetted, verified project that you want to make a donation to: https://www.globalgiving.org/dy/cart/view/gg.html?cmd=addItem&projid=48301&rf=microdata&frequency=ONCE&amount=25. After payment call us on 01 -29 52 413 / 08033782777 or email us at email@example.com with the payment details. In rainfed situations, seed priming with 1% â¦ 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 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. The history of paper dates back to the history of human culture and... Nigerian agriculture is characterized by considerable regional and crop diversity. Beneficiaries become cluster leaders expanding this knowledge and breaking the poverty cycle in Nigeria. Nigeria is still importing about #26 billion worth of castor â¦ The cucumber farming in nigeria pdf is a perfect book that students and farmers can combine to achieve maximum output at low cost. 3.3 Production Equipment Release Date: 10/01/2018; Update Every 3- Months Hence the reason why not many farmers are into this very lucrative business. It is... How To Start Bike Logistics Business In Nigeria(Despatch Rider) Castor oil has long been used commercially as a highly renewable resource for the chemical industry. About The Plantain Farming PDF. The plantain farming manual is one of the best and highly downloaded materials for planting plantain. 2.7 Promotional Strategy It should aâ¦ with how everything is so expensive in Nigeria. The lands in South Eastern and South Western parts of Nigeria are very good for beans farming. The proceeds from the farm will help provide for their families' health and well-being. Agriculture 2.2 Product Packaging and delivery Formats of Delivery: EXCEL / MS WORD â¦ Castor Oil Production in Nigeria; The Feasibility Report. are you going into cassava farming then you are in the right place because with our standard cassava farming and processing business plan. According to the Norwegian Ambassador to Nigeria, âNigeria imports fish especially stock fish from Norway, worth over N109.2 billion Naira ($700million dollars) annuallyâ. 5.2 Startup Capital Estimation 2.3 The Opportunity Pepper matures within 3-5 months depending on variety, and harvesting can last up to 3months. Major castor oil-producing countries include Brazil, China, and India. Agriculture. In a May 2012 report, the Chairman of Fisheries Society of Nigeria (FISON) Rivers State chapter, Dr. Awoteinm George revealed that âNigeria â¦ In Nigeria, castor bean is cultivated on over 6,000 ha across most of the states. 1.6 Description of the Business Industry Analysis of this... Business Start- Up Training Opportunity in Nigeria, Business Legislations and Resources in Nigeria. 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. Castor Cultivation Information Guide. Poultry Farming In Nigeria & The Secrets of Making Millions Image; pixabay.com ABC loves you. Jagdish Reddy 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. Castor Bean Farming In Nigeria. 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. Castor Farming Investment Potential. The world consumption of castor oil is very high. The world consumption of castor oil is very high. 5.6 Profit and Loss Statement Tag: Castor Farming Business Plan. 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. 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. 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. 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. 1.4 Critical Success Factor of the Business Castor Bean farming with its high dollar income is the paliative. The global demand for castor oil is mainly â¦ Castor oil plant (Ricinus communis L.) is an important oil crop with little research attention in Nigeria. Castor seed farming in Nigeria is a profitable money-making agribusiness investment that few Nigerian farmers know about. Mbah and C.I. After payment confirmation, the soft copy of the report would be sent to you within 24 hours. Nigeria is still importing about #26 billion worth of castor oil yearly as at 2017. Home → Product → Castor Oil Production in Nigeria; The Feasibility Report. 5.4 Security of Loan 1.2 Vision and Mission Statement A moderately distributed rainfall of about 300-400 mm per crop cycle is ideal for beans farming. Nigeria imports over N30 billion worth of castor oil every year despite having arable and fertile land, and climatic conditions suitable for its farming. You can own a farm today. Copyright © 2018 All Rights Reserved by Foraminifera. 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. 1.5 Current Status of Business The large, tropical, palmately-lobed leaves make this naturalized plant unmistakable. 1.1 Description of the Business Pawpaw farming business requires little or no capital that is if you can handle the labour by yourself and own a land. 3.5 Production Cost 2.4 Pricing Strategy Account Name: Foraminifera Market Research Limited 1.9K likes. Mechanized Maize (corn) Farming (cultivation) and Corn Flakes Production in Nigeria; The Opportunity. January 19, 2018. 2.5 Target Market Get the best knowledge on plantain cultivation in Nigeria by downloading this plantain farming pdf on this page. 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 â¦ If youâre looking for a farming business to venture into, the castor farming business in Nigeria is a great option to explore. From the breeding stage, rabbit farming is not as expensive as other livestock production including poultry production. Ezeano 1Department of Agricultural Extension, Faculty of Agriculture, University of Nigeria, Nsukka, Nigeria 2Department of Agricultural Extension and Communication, University of Makurdi, Nigeria In this cucumber farming pdf book, you will learn the basics of cucumber cultivation and how to identify cucumber plant diseases on the field. 1.8K likes. Access to funds for procurement of the best high- yield and early maturing Castor seeds variety. Account Number: 274 20 569 37. This oil is known to have been domesticated in Eastern Africa and was introduced to China from India approximately 1,400 years ago. Product Code: FORA/07/2018/CASTOROILPRODUCTIONINNIGERIA/300994664 We have arable land suitable for Castor seed farming. 2.8 Competition, 3.1 Description of the Location 3.4 Production Process Beneficiaries become cluster leaders expanding this knowledge and breaking the poverty cycle in Nigeria. 5.8 Viability Analysis, Report Type: Pre- Feasibility Report Youth unemployment is grossly downplayed in Nigeria. 1110 Vermont Ave NW, Ste 550, Washington, DC 20005, USA. Castor (Ricinus communis L.) is cultivated around the world because of the commercial importance of its oil. 4.3 Key Management Staff v This report has been drafted by Emmanuel Odunze (FMARD), Hiver Boussini (FAO), Orsolya Mikecz (FAO) and Ugo Pica-Ciamarra (FAO). In general, the current rate of castor oil production is not considered sufficient to meet the anticipated increase in demand. Castor Seeds. However, beans donât grow well in areas with too much rain. 3.6 Stock Control Process Ranging from Niger-delta unrests, Boko haram and most recently IPOB. The business has been billed as one of the most profitable businesses in the agricultural farming business. Publisher: Foraminifera Market Research our business plan Focuses on cassava farming â¦ Business Description of Cattle Rearing Business Plan in Nigeria. Ricinus communis T he castor plant is a robust annual that may grow 6 to 15 feet (2-5 meters) in one season Castor oil farming is as good as moringa farming. GlobalGiving makes it easy and safe for you to give to local projects anywhere in the world. 5.5 Loan Repayment Plan Long-Term Impact. Academia.edu is a platform for academics to share research papers. The oil produced from this crop is considered to be of importance to the global specialty chemical industry because it is the only commercial source of a hydroxylated fatty acid. YES, Rabbit farming is a profitable business in Nigeria. 1.7 Contribution to Local and National Economy, 2.1 Description of products 2.6 Distribution and Delivery Strategy 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. 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. So, it has a high Return of Investment. If you check the internet you will see things like âhow you can make 50 million in seven years on 10 hectare of castorâ or âearn millions of naira farming castor farming in a yearâ. A Review of Small holder Farming in Nigeria: Need for Transformation 12 3R.N.Mgbenka, E.N. Table 2 shows the quantity of Castor imported into Nigeria as estimated by FAO (2013). Castor Farming Investment Potential. 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. Rainfall: 500-600 annually. Check out our farms now. Is Rabbit Farming Profitable in Nigeria? For these reasons it must be emphasized that snail farming should be seen as only one component in a diversified farming â¦ Most of the money made from castor bean farming is from castor â¦ We offer one of the safest ways you can benefit from agricultural farm investment opportunities in 2020. Pepper farming in Nigeria PDF The first thing you have to do before you embark on farming to ascertain the viability of the land. No. 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. Account Name: Foraminifera Market Research Limited The soil should have pH of 6-7 (neutral to slightly acidic). Omitoyin published Introduction to fish farming in Nigeria | Find, read and cite all the research you need on ResearchGate 1.3 Business Objective Letâs take advantage. of Pages: Text â 30 Pages /Excel â 6 Pages Cassava Farming Business Plan in Nigeria-cassava farming and processing business plan. The crop grows in the wild even where it is not cultivated. Rabbit farming can be done on a full time basis or as a part time thing, depending on your schedule. Catfish Farming Business Plan In Nigeria 2020 PDF. This report examines the financial viability of establishing a castor oil processing plant in Nigeria. This can be your gold. Castor is one of the oldest cultivated crops; however, it contributes to only 0.15% of the vegetable oil produced in the world. 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. On average, worldwide consumption of castor oil increased at a rate of 7.32 thousand tons per year. 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. Castor Oil Farming In Kenya. 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. Consequently snail farming is not a way to make money quickly! 24,THOMAS SALAKO STREET, OGBA IKEJA, LAGOS (5,444.24 mi) Lagos, Nigeria 23401 3.8 Project Implementation Schedule, 4.1 Ownership of the business Castor Seeds are valued mainly for their oil, which is used in pharmaceutical products. 3.2 Raw Materials Ecological requirements. Agriculture, Agro â 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. 4.3.2 Management Support Units How Nigerians can make money from Castor seed farming. 4.2 Profile of the promoters 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 â¦ Castor bean plant ( ) growing along the edge of San Elijo Lagoon in coastal San Diego County, California. Are you interested in purchasing this report? 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. 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. Request PDF | On Jan 1, 2007, B.O. The good news about pepper farming is itâs multiple and continuous harvests. 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. 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. while providing nonprofits with the tools, training, and support they need to thrive. United Bank for Africa (UBA) Chilli plants can live and bear fruit for 2-3years. 5.3 Source of Capital The country of India is the leading producer of castor seeds worldwide. This project has provided additional documentation in a PDF file (projdoc.pdf). 4.4 Details of salary schedule, 5.1 Financial Assumption *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. 5.7 Cash flow Statement KC1, KC2, KC3 and KC4. We don't have good castor seed in Nigeria but we have the best land for castor plant. Foraminifera Market Research Limited is a Nigerian market research and consulting company that partners with clients to support the development of innovative growth strategies. 3.7.1 Operating Activities and Expenses A match is a tool for starting a fire. Nigeria imports over N30 billion worth of castor oil every year despite having arable and fertile land, and climatic conditions suitable for its farming. This report examines the financial viability of establishing a castor oil processing plant in Nigeria. No. Access to the Off-takers to international off-takers eliminating middlemen and guaranteeing full income to the farmers in US Dollars. 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.