Due to popular demand, we have launched a contract rice processing services for clients. We are making it possible for anyone to venture into rice production business without owning a processing facility.

How It Works.

We will procure raw materials (poorly milled rice) on your behalf from the north and take it for further processing at our partner rice milling factories in Kaduna State.

At the factory, the rice will be destoned, polished, graded and color sorted. The end result will be perfectly milled, well polished and stone free rice, packaged in 50Kg bags.

The packaging will be in your own customized sacks. If you cannot afford to make your own sacks, we can use our own sacks for packaging your product.

Viability Of The Business.

As at the time of writing this , poorly milled rice sells for an average of thirty two thousand naira (N32,000) per bag (A bag weights between 100Kg – 105Kg).

Raw Material = N32,000

Processing Fee = N3,000

Sacks For Packaging = N700 (For two bags)

Service Fee = N1000

Total = N36,700

After further processing, you will get two 50Kg bags of well polished and stone free rice.

This implies that it will cost N18,350 to produce 1 bag of good quality rice.

If for example it cost N1,150 to transport 1 bag of rice to your location, your total cost will be N19,500 per bag.

As of today, good quality rice sells for between N23,000 to N27,000 in the market depending on your location.

Assuming you sell to resellers at the least cost of N22,000;

Gross Profit = Total Revenue – Total Cost = N22,000 – N19,500 = N2,500.

A person that is able to invest N390,000 to get 20 bags of rice, will be able to make a profit of N2,500 x 20 = N50,000. If he does three cycles in a month, that translates to a profit of N150,000 per month.

How To Get Started.

Simply send a message to us via:

Email: business@planbiz.com.ng

WhatsApp: 09022106607.

In your message, please state the following:

1. Number of bags you want to get (We can only do a minimum of 10 bags)

2. Whether you want to use our branded sacks, or your own customize sacks.

3. Location you want it delivered.

Thank you and wishing you all the best in your quests.

Originally Published At: https://planbiz.com.ng/rice-milling-service/

Nice

17850+1150=19000

IRIENBOY:
17850+1150=19000

Thanks for the observation. I have updated the post. It is actually N18,350 not N17,850.

If you need rice in large quantities I can send it for you from Gombe

Unpilled
Current price N13,500 per bag, big bagco bag.
I can source 500 bags or more

GideonG:
If you need rice in large quantities I can send it for you from Gombe

Unpilled
Current price N13,500 per bag, big bagco bag.
I can source 500 bags or more

Ok

We are at your service..

Good morning.

We are at your service.

Ok

Good morning.

December is fast approaching. Cost of rice will rise again.

Take advantage of this opportunity now.

How much if u are transporting to lagos

Dowenship:
How much if u are transporting to lagos

As at today, N18,350 will produce one 50Kg bag.

Budget 1k - 1.2k for transport to Lagos.

Regards.

TheSparrow:


As at today, N18,350 will produce one 50Kg bag.

Budget 1k - 1.2k for transport to Lagos.

Regards.

OK thanks...ur line do we can talk better

Dowenship:
OK thanks...ur line do we can talk better

You are welcome.

09022106607

Good morning.

We are at your service

We are at your service

Good morning

TheSparrow:
December is fast approaching. Cost of rice will rise again.

Take advantage of this opportunity now.

Many years after he suddenly was reported dead of natural cause and few years after his golden jubilee, facts are now emerging on the reasons that led to First and Second Republic political heavyweight, Late Chief Obafemi Awolowo committing suicide. It was learned that he did it to stem the tide of a possible military court martial into an insurrection he was planning to lead alongside his political associates at the time when it became evident that then Military President, General Ibrahim Babangida was intending staying in power forever.

As of today 19th Nov,the least price of 100Kg Nigeria Rice is N42,000 at Dawanau Kano and N48,000 at Bwari FCT.

katki1:
As of today 19th Nov,the least price of 100Kg Nigeria Rice is N42,000 at Dawanau Kano and N48,000 at Bwari FCT.

Fully processed??

For poorly milled, price have increased a bit, but not upto that. Will keep increasing as we approach December/Christmas though.

How much is the poorly produce 100kg now, please