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How To Start Rice Wholesale/Dealership Business In Nigeria - Agriculture - Nairaland

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How To Start Rice Wholesale/Dealership Business In Nigeria by emmykk(m): 2:51am On Oct 30, 2014
Why start rice wholesale business or dealership?

1.Nigeria is Africa biggest economy.The population of Nigeria is 170million people and by the year 2020 it will be about 200million people.these ever growing population need food and rice is a major stable food in Nigeria loved by children and adult.statistics shows that about 22million bags of rice is consumed every month.so there is a big market for rice in Nigeria.

2.Rice is not a perishable food like vegetable,it takes 4 years for rice to gets spoiled,within this period there is no way you cannot sell your stock of rice.

3.Of the total rice consumed in Nigeria,15 percent is grow here while the other 85% is imported from thailand,india and brazil.so rice at the moment is not something that is cheap and quick to be produce by everyone like water ,so the urban cities and villlages can still buy from you.

4.Aliko Dangote has already invested $1billion into integrated rice farming,so if you are still thinking what kind of business is this,the world richest black man and 24th in the world is already thinking how he can start selling rice.
How to market rice?

As a warehouse supervisor with stallion group for the pass 4years in portharcourt i can confidently teach you what the big rice wholesalers are doing to sell quick!

1.Look for a good shop close to or opposite to a normal conventional market.you can as well locate towns or if you are in such towns already good,towns without rice importing companies.ie if you are in rivers state,there are many rice importing companies warehouse in portharcourt,but in major LGA headquaters and Bayeslsa state(previous part of rivers state) there is nor,so most buyers go to PH and buy and go to BY and sell.traders there can sell at a higher price than if in PH,if you are in a town without a rice importing company warehouse you are in money.because you serve as a key distributor.

3.buy different brands to make your shop colourful,most company like ours have various brands,we have royal stallion,caprice,tomatoes king,African princess etc both 50kg and 25kg bags,we are like a one stop point to get many brands,but you can still buy from more than one companies,to cater for any brand asked for by buyers.

Note:ALL thailand rice are long grains and are the same so mama gold,royal stallion,pjs are from different companies but the same rice inside the bags ,is just branding that differenciate them,but thailand rice is sharply different from india rice.india rice is a bit shorter while thailand rice is long grain .

Where to buy your rice stock?

Although you can make detail findings about rice companies in you states.for it is cost effective to buy in your state,i can assist you if you live in portharcourt to get stallion rice.you can come to our office at trans-amadi to see for yourself too.

Current Prices.

Thailand long grain royal stallion N8250
india rice short grain N7850.
But these prices are very unstable,they change any time upward or downward,and there is a discount for quantity of 100.

As a wholesaler you just add a little profit to each bag after calculating your cost,a profit margin that wil discourage retailers not to go to importers warehouse.or expensive for them if they try..

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Re: How To Start Rice Wholesale/Dealership Business In Nigeria by emmykk(m): 7:18am On Oct 30, 2014
Bags of rice need to b store or arranged on wood pallets not on bare floor in your shop.
Re: How To Start Rice Wholesale/Dealership Business In Nigeria by arent88(m): 9:34pm On Oct 30, 2014
Pls wat is the minimum quantity one can buy from ur stallion warehouse and wat is the price for 25kg
Re: How To Start Rice Wholesale/Dealership Business In Nigeria by emmykk(m): 3:52am On Oct 31, 2014
arent88:
Pls wat is the minimum quantity one can buy from ur stallion warehouse and wat is the price for 25kg
you can buy any quantity but i advice you buy 50 and above that is when it will be more beneficial transport cost wise.25kg is N4200 for royal stallion. But again as xmas appproach the price can either increase or decrease depending on our competitors price,need to clear warehouse for space for more shipment.so the prices are always fluild.
Re: How To Start Rice Wholesale/Dealership Business In Nigeria by emmykk(m): 1:48pm On Nov 21, 2014
Let me help you get bags of 50kg rice to destination.
Re: How To Start Rice Wholesale/Dealership Business In Nigeria by david4mex: 12:22pm On Sep 15, 2015
Pls am interested in starting this rice business ASAP.I am based in Abak,Akwaibom.Pls where can I buy and at what prices?
Re: How To Start Rice Wholesale/Dealership Business In Nigeria by TGR: 11:23am On Oct 24, 2016
Please i am interested but i am delta state. please where can i buy for good price and what is the current price. please anyone that can help please contact me. 09090860667
Re: How To Start Rice Wholesale/Dealership Business In Nigeria by michaeltosu: 11:39am On Oct 24, 2016
am very much interested, i reside in benin and if u can leave ur number, i will surely give u a call
Re: How To Start Rice Wholesale/Dealership Business In Nigeria by dannonoil: 5:47pm On Jan 25, 2018
Hello sir, How can I start distributing Dangote cement and rice. Thanks.
Re: How To Start Rice Wholesale/Dealership Business In Nigeria by Ndbest1m(m): 11:52am On Dec 21, 2018
Pls emmykk I'm in porthacourt and i want to be connected into this rice business,my number 07038636566,email:ndufidelis50@gmail.com,please connect me i am serious for this business thanks
Re: How To Start Rice Wholesale/Dealership Business In Nigeria by emmykk(m): 12:13pm On Dec 21, 2018
Ndbest1m:
Pls emmykk I'm in porthacourt and i want to be connected into this rice business,my number 07038636566,email:ndufidelis50@gmail.com,please connect me i am serious for this business thanks

Go to stallion Nig Ltd, 84 rivoc rd trans amadi opposite ITF ask after David... And discuss or ask whatever questions you wish to ask with him.

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