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Do It Yourself - Yam Business Version - Business - Nairaland

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Do It Yourself - Yam Business Version by Ymodulus: 5:51pm On Apr 23, 2015
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1 Like

Re: Do It Yourself - Yam Business Version by Ymodulus: 5:55pm On Apr 23, 2015
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Re: Do It Yourself - Yam Business Version by Ymodulus: 5:57pm On Apr 23, 2015
1. Pictures of Yams / Yam market ( Using Garatu as case Study )
2. Requirements.
3. Business Problem.
4. Locations where Yams are/can be sourced from?


4. Tips to take note of why buying yams
5. Types of Yams
6. Logistics / Cost of buying the Yam (Cost breakdown )
7. Transportation
8. Retailing Areas / Market ( I.e Places where you sell yam after buying )
8a. Price break down of how they are been sold in these market
9. Gains / Profit
10. Exporting Yams ( UK / China, outside Nigeria )
11. Questions
12. Advice and contributions.

3 Likes 2 Shares

Re: Do It Yourself - Yam Business Version by Ymodulus: 6:00pm On Apr 23, 2015
[size=16pt]Table of Content / Indexing / Reference [/size]

We have some set of people who may want to read this thread but will be discouraged because of comments from various other members. Now this reference guide is who do not want to read the whole thread, Just want the important points follow the links below.


1. Pictures of Yams / Yam market ( Using Garatu as case Study )
https://www.nairaland.com/2273546/it-yourself-yam-business-version#33032568

2. Requirements.
https://www.nairaland.com/2273546/it-yourself-yam-business-version#33033165

3. Business Problem.
https://www.nairaland.com/2273546/it-yourself-yam-business-version#33034191

4. Locations where Yams are/can be sourced from?
https://www.nairaland.com/2273546/it-yourself-yam-business-version#33034507

5. Necessary Logistics when buying Yam
https://www.nairaland.com/2273546/it-yourself-yam-business-version/1#33069202

6. Pictoral Description of Logistics
https://www.nairaland.com/2273546/it-yourself-yam-business-version/1#33070934


Lalasticlala

2 Likes

Re: Do It Yourself - Yam Business Version by Ymodulus: 6:04pm On Apr 23, 2015
..
Re: Do It Yourself - Yam Business Version by citizenjuwon(m): 6:09pm On Apr 23, 2015
I hope am not too early.
Re: Do It Yourself - Yam Business Version by Keziehenry(m): 6:11pm On Apr 23, 2015
Folowing bumper to bumper
Re: Do It Yourself - Yam Business Version by Ymodulus: 6:17pm On Apr 23, 2015
Without Doubt we all know what a Yam is, or how it looks like. For those who don't know about yams belows are pictures of yams.

Re: Do It Yourself - Yam Business Version by Ymodulus: 6:21pm On Apr 23, 2015
More picture of Yams and How yam market looks like.

Re: Do It Yourself - Yam Business Version by LONGFELLOW02(m): 6:23pm On Apr 23, 2015
Grap Front Seat
Re: Do It Yourself - Yam Business Version by Ymodulus: 6:24pm On Apr 23, 2015
More pictures of Yam and Yam market

Re: Do It Yourself - Yam Business Version by Ymodulus: 6:33pm On Apr 23, 2015
From the above pictures, I do like to belief you have an idea of what a yam looks like and how a yam market is.


I will try all my best to make this lecture as slim as possible, direct, concise, precise and straight forward. As the lecture goes on, you are free to ask any question and I will be straightforward. However please and please do not ask me for my contacts in the market, I would not give you.



At intervals I will give recharge cards in a game format called fadest finger. Here picture of recharge card details will be uploaded and first to load is the winner. .

2 Likes

Re: Do It Yourself - Yam Business Version by Ymodulus: 6:36pm On Apr 23, 2015
At this point I know you have one or two ideas about what am about to discuss, now lets go there.



[size=16pt]Requirements[/size]

1. Minimum Starting Capital N20000 - 25000
2. You must be sharp, fast and agile. The Yam business is not for those who behave like ajebutters.
3.

4 Likes

Re: Do It Yourself - Yam Business Version by Nobody: 6:46pm On Apr 23, 2015
Cross leg with keen attention
Re: Do It Yourself - Yam Business Version by princeuk21(m): 6:48pm On Apr 23, 2015
Ymodulus:
At this point I know you have one or two ideas about what am about to discuss, now lets go there.



[size=16pt]Requirements[/size]

1. Minimum Starting Capital N20000 - 25000
2. You must be sharp, fast and agile. The Yam business is not for those who behave like ajebutters.
3.
following. ride on man
Re: Do It Yourself - Yam Business Version by memski(m): 6:51pm On Apr 23, 2015
Ymodulus at it again... always coming up with somethin nice. what do u ve for us again.

1 Like

Re: Do It Yourself - Yam Business Version by kolomax(m): 6:59pm On Apr 23, 2015
In-case you need cheap yams kindly visit saki in oyo state or ilesha baruba kwara state when you need guides let me know

2 Likes 1 Share

Re: Do It Yourself - Yam Business Version by olamibiddy(f): 7:00pm On Apr 23, 2015
Following YM
Re: Do It Yourself - Yam Business Version by Ymodulus: 7:08pm On Apr 23, 2015
The Yam business is a highly profitable and easy cool making business. In which you for an average of say N23,000 you can make at least nothing less than N7,500 - N8,000 and above Per 100tuber ( every 100 tuber is called Kwarai. A Vernacular language used to describe 100 tubers of yam. Same way we have Mudu for garri. Yams are sold in Kwarai).

[size=16pt]Business Problem[/size]

Yam is one food item been consumed by man across and outside the Nigeria. However these yams are cheap in some locations and expensive in another location. For example Yams are of no value or importance to Residents of both Niger and Benue State. Reason been that these states are Yam Hub Growing States, yams are in abundance. However the abundance of this food commodities / stuff cannot be said for other places like Lagos, Ibadan, Kano, Portharcout, Delta, Warri, Enugu.
A tuber of yam that goes for N270 per tuber in Niger State Yam Marker can go as high as N600 in Portharcout and above per tuber. In Lagos Ikotun, during my last market sojourn I, A tuber of yam at N450 in Niger State can go for N700 and above in Ikotun, Mile 12 market Lagos ( No pricing ).


The above been said, our next step is to think as entrepreneurs by asking some self important question so as to meet our needs and goals of making money. Questions like;


A. How can this information be of monetary benefits to me?
B. What are the necessary tips I need to know in entering this business?
C. Can I sell these yams outside Nigeria? Export them? If yes how?


The aforementioned and many more questions will be flogged as the tutorial continues.
Re: Do It Yourself - Yam Business Version by Ymodulus: 7:19pm On Apr 23, 2015
[size=16pt]Locations where Yams are/can be sourced from? [/size]

In Nigeria, there are 2 - 3 Locations yams dealers buy yam from. These places are ;

1. Niger State (The Power State )
2. Benue State ( Food Basket of the Nation )
3. Taraba State.

[color=#990000]Note!
I have not visited Taraba state for Yams so I cannot categorically brief you about sourcing yams from Taraba states. But for the first two states I can talk on as I have visited the two states for the purpose of Yam.


Now let's expantiate on These states. [/color]

[size=13pt]1. Niger State[/size]

Name of Market in Niger State where yams are sourced==> Garatu Market , Minna Niger State.

Garatu market is a big market for yams solely. People from South West, Kano, Abuja, Kaduna, Kwara, Oyo , Lagos, Portharcout, Bayelsa and other South western States visit Garatu Market in Minna, Niger State to purchase yam in bulk from farmers at the market after which they take to their respective Locations to sell.

If you plan visiting Garatu Market in Garatu Minna Niger State. Its easy for a stranger to locate this market, as Garatu is just a 5Mins Journey from the Prestigious Federal University of Technology Minna, Niger State.

If you are coming from Bids or from kwara , and other southwestern states The market is just a 5Minutes drive before same prestigious Federal University of Technology Minna Niger State.


[size=13pt]2. Benue State[/size]


Name of market in Benue, where yams are sourced;

A. Gboko Market
B. Ugba International Yam Market, Ugba Local Government .


When you get to Benue state, take a trip to Markudi then to Gboko or Ugba. ( Note am describing this from my own experience, how I visited the market coming from Abuja ).


[size=13pt]3. Taraba[/size]

I don't know about taraba. I heard yams can be sourced here. However I have not tried visiting the state to carry out my findings and won't be doing so. So for this lecture, permit me to keep Taraba State aside.


[size=15pt]Difference Between Yams in Benue and Niger State.?[/size]

Cooking: in terms of cooking or eating, I honestly can't say the difference between Yams in both states.

Appearance: Yams in Benue have a smooth Back while those in Niger have a rough back. This thus not implies that you cannot see smooth yam back in Niger State. Also note that, From my experience the physical Appearance have no effect on the price.

Price: Truth be told me Yams in Niger State are cheaper, but some people will argue Yams in Benue are. But with what I have seen Yams in Niger are far cheaper.


[size=16pt]Should I source the Yams in Benue or Niger State?[/size]

Sentiments aside ( I have a love towards Niger than Benue ), Its advisable to source Yam from either of this states based on your location or marker you intend to sell the yam. Let me explain.

If you intend selling your Yams in the South West, South South States, Kano, Abuja, Kaduna. Its advisable you source your yams from Niger. Reason been to Proximity of Raw Yam to market. From Niger you can easily access these states. This will reduce cost of transportation. And stress of Long Journeys.

If you want to sell your Yam in Enugu, Jos, Bauchi, Maiduguri, Cross River, Adamawa, sourcing yam from Benue is your sure bet.

Use the map below to trace proximity to source.

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Re: Do It Yourself - Yam Business Version by obicentlis: 7:29pm On Apr 23, 2015
Taraba is the best place to source for yam.


There is a specie of yam called "IYOO" , dunno if I got the spelling right. This specie sells faster than any other because it's very sweet when cooked. If you can get this specie, better for you.

8 Likes

Re: Do It Yourself - Yam Business Version by Goldenboy842(m): 7:30pm On Apr 23, 2015
Nice work bro.
Re: Do It Yourself - Yam Business Version by Ahmed4002(m): 8:04pm On Apr 23, 2015
Nice one Dan uwa.


grin
What a concept
Re: Do It Yourself - Yam Business Version by Nobody: 8:06pm On Apr 23, 2015
Front page, with my jotter and pen.
Re: Do It Yourself - Yam Business Version by Nobody: 8:28pm On Apr 23, 2015
cheesy
Re: Do It Yourself - Yam Business Version by felai: 8:47pm On Apr 23, 2015
Kudos to You bro.
Its high time we look inwards and think of ways to start exporting our resoucres.
Re: Do It Yourself - Yam Business Version by initialize(m): 8:54pm On Apr 23, 2015
Na our Young.... He's young but i don't mind following him.


Yes, I'm his follower.




#Team Ymodulus



Init don show.

11 Likes 2 Shares

Re: Do It Yourself - Yam Business Version by benebaby77: 8:57pm On Apr 23, 2015
Following
Re: Do It Yourself - Yam Business Version by techmart(m): 8:57pm On Apr 23, 2015
Nice...
AnyThing that involves money... I'm in
Business-boy

1 Like

Re: Do It Yourself - Yam Business Version by oluplus(m): 8:59pm On Apr 23, 2015
Am here
Re: Do It Yourself - Yam Business Version by abbeyman1798: 9:03pm On Apr 23, 2015
This is great Young. Yam biz is great bro. OK. Taraba has good yams too, cheap and affordable it just that logistics might take all ur money if u are a petty buyer. @ Young, I can make my research on the logistics and get back to u tommr so that we can compare and contrast. Thumbs up bro

1 Like

Re: Do It Yourself - Yam Business Version by mcfynest(m): 9:05pm On Apr 23, 2015
.... Nice one...kudos....

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