CASSAVA EXPORT OPPORTUNITIES IN NIGERIA

HOW TO TAP FROM THE UNAWARE INVESTMENT OPPORTUNITIES IN CASSAVA EXPORT AND LOCAL EXPLOITATION IN NIGERIA PLUS SURE INTERNATIONAL CLIENTS AND HOW TO ACCESS GRANT FOR CASSAVA FARMING

Years now, Nigeria has maintained its domination as the highest producer of cassava. The root crop (manihot esculentus) grows abundantly on Nigeria soil. It is said, of 36 states in Nigeria 34 states cultivate cassava, and is major staple food for the people

Over 800 million people world-wide depend on cassava as a regular source of energy. Per capital consumption in West Africa is more than 120kg per annum while that of Central Africa Republic is more than 300kg per annum.

Most businessmen and investors don’t understand the untapped investment opportunities, even as Nigeria produces over 10 million tons annually.

Farmers hardly see this crop as avenue to hit hard currency

Tuber cassava retains assortments that make it look Hot cake These include chips, flakes, cubes, peeler, starch and flour, pellets, etc. Many European and American countries, including: Germany, UK, France, the Netherlands among others demands huge quantities of processed cassava products annually. In fact, the use of cassava for mixing live stock feed is now in vogue in Europe, this has gain wide acceptance to an extent of recent release of European Economic Community of import of over 10 million metric tonnes per annum.

Apart from livestock feeds, processed cassava serves as industrial raw material for the production of adhesives bakery products, dextrin, dextrose glucose, lactose and sucrose. Dextrin is used as a binding agent in the paper and packing industry and adhesive in cardboard, plywood and veneer binding.

Food and beverage industries use cassava products derivatives in the production of jelly caramel and chewing gum; pharmaceutical and chemical industries also use cassava alcohol (ethanol) in the production of cosmetics and drugs. The products also find ready use in the manufacture of dry cell, textiles and school chalk etc. Cassava cubes are used mainly in the compounding of livestock feeds. Thus there is a very high demand for cassava products in both the local and export markets.

MASSIVE PROFITS MAKING PROSPECT

Today, while lots of people are lamenting of the bad state of the economy, some are hijacking this opportunity to make wealth for themselves.

In business contact and networking is so important that any entrepreneur who lacks these basic business concept will striving very difficult.

We will allow readers to see the clear picture of how to make awesome ends meet from this awesome money spilling opportunity

WHY YOU SHOULD INVOLVE YOURSELF?

“As describe by IITA with a confirmation from many Newspaper business rapporteurs whilst, research as publish by both local and international journals, Nigeria produces the most improved cassava species that translate to over 80 percent world output. Though greater part of the crop is also consume here.

Cassava End product such as Cassava chips has receive tremendous patronage due to its relatively cheap way of making animal feed especially as it is rich in carbohydrates, which makes animals very healthy and big.

In Asia, Europe and America demands from buyer are high. Recently, China spearheads countries that are willing to invest hugely in cassava Nigeria. Unfortunately, many Nigerians are seeing this mere tales that are not feasible, while graduates are patrolling streets looking for white collar jobs that are scarce and rare.

Though, realistically, the 40% percent mandatory cassava bread, as approved by the Federal Government is yet to be fully effected, but soon, Nigeria bread market will be flooded with bread made with cassava, So, whoever keyed into this now stands a better chance of blooming from cassava in no time

Nigerians became fond of foreign currencies like dollar and pound sterling after the devaluation of the Naira when its value plummeted considerably and these

Currencies appreciated enormously. Many traveled to foreign Countries like Britain and USA to work in pursuit of these currencies while others resorted to export of local items without adequate knowledge and preparations.

Cassava was popularized by the last administration when it announced that we can be earning about $5 billion annually from its export.  Most people rushed into it without any preparation and fore knowledge of the business and the industry.

What is Export?

Export is the sales of goods across national boundaries.  Export business is sophisticated and requires matures and enlightened minds that can understand and interpret the intricacies of modern international economics, politics and their implications.  Anybody can buy and sell but anybody cannot export.  A potential exporter must be informed, knowledgeable and experienced.  He must have an impeccable knowledge of the product he wants to export and should be able to expertly articulate their qualities and characteristics.  He should be familiar with their applications, technical qualities and restrictions.  Thorough knowledge of a product enhances the integrity of the exporter, strengthens the confidence of the buyer and also makes the sellers claims more authentic.

Advantages of Export

The advantages are numerous:  it enables one to earn diversified income through a mixed grill of currencies.  It brings the world to your door steps by providing opportunities to interact with different nationalities and cultures.  It breaks down communication barriers and creates impetus for better global understanding.  It provides goods and services and opportunities that mere not conceived of.  Export takes advantages of the opportunities created by currency devaluation.  It creates dynamic incentives for higher productivity, industrialization, research, innovation, competition, economic growth and modernization.  Through export a nation exposes her products and people to global competition and that enables her to know where she ranks with others.  A nation that does not encourage competition among its citizens can never compete with the rest of the world.

Cassava Export and Import

There are three main cassava products that are generally exported and they are:  Cassava chips, Cassava pellets and Cassava tapioca or starch and flour.  Chips are pellets mostly imported by EU countries for animal feeds while China imports chips and starch for production of ethanol.  EU importer prefers pellets over chips because over 50 percent of the chips get broken by the time they get to their destinations.

The major exporters of cassava products are:  Thailand, Indonesia and Vietnam.  They export chips, pellets, starch and flour.  Thailand in the largest exporter, accounting for about 94 percent of the world total export of cassava products.

The major importers are EU nations, China, Japan, South Korea and the United States.  The EU imported about 6.9million tones in 2000.

Pellets and chips currently dominate the World Trade in cassava products.  This trend may change in future due to the potential uses of cassava.  For instance, the inclusion of ethanol in petrol and the high cost of crude oil may divert more cassava products to ethanol production. America is considering dropping corn in their ethanol production due to food security. If they accept cassava, starch may take preeminence.

Nigeria currently has very large domestic market for cassava because of the demand of composite flour. When we satisfy the demand for 10% and 20% composite flour, we may begin to pay more attention to external market. If however, we can increase our local production of raw cassava to 100,000 metric tons per annum, we can then accommodate the demands of both domestic and external markets.

Only very few Nigerians for now have penetrated the lucrative market and reaping cool big profits without stress. Cassava export business secret had been covered up and seriously guided for some years but now we the present Nigerian revolutionary wealth builders have decided to uncover the secrets and release them without reservation to fellow aspiring Nigerians who so desire and keen in operating the wealth building secrets.