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Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria - Business (3) - Nairaland

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Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 2:28pm On Jun 03, 2021
Nigeria produces 500,000MT of unrefined shea butter annually (with a trade value of $400,000), which makes it the top producer of shea butter in the world. It is produced primarily in Kwara and Niger states; other states include Kogi, Kebbi and Ogun.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 10:46am On Jun 07, 2021
The disadvantage of processing Shea Nuts into Shea Butter in Europe or Asia is the transport costs because the raw material can only be gotten in Africa. To produce 1 kg of Shea Butter, you need 2.2 kg Shea Nuts, so as you understand, it is much cheaper to produce Shea Butter in Nigeria with easy access to the raw material. Staff costs here are also lower.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 7:20pm On Jun 08, 2021
Sheabutter available for sale at market price
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ajgal10(f): 11:23pm On Jun 10, 2021
You didn't drop a contact number
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 11:06am On Jun 11, 2021
Ajgal10:
You didn't drop a contact number

For more information and enquiry, Call or WhatsApp 07033097160.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 11:07am On Jun 11, 2021
There is the specific quality of shea butter needed in the international market and it is of ultimate concern to buyers. Buyers want to know the Iodine number, acid and free fatty acid number and other parameters of the shea butter he wants to import. The African entrepreneur has too little access to financing for trade and investment, hence 80% of the Shea butter production is done in Europe and Asia by multinational companies.
Shea Tree grows only in West Africa and lesser extent in Central Africa, and nowhere else in the world with Nigeria a leading producer of the raw material (Shea nut).
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 2:07pm On Jun 12, 2021
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Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 4:39pm On Jun 14, 2021
Does shea butter expire?

The typical shelf life of unrefined shea butter is about 24 months (2 years) from the date of manufacture and packaging. This is an approximate shelf life affected by storage and temperature. The last two are very important to keep in mind!
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 9:03pm On Jun 14, 2021
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Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 2:39pm On Jun 16, 2021
There are many reasons why a prospective investor should invest in agriculture. Experts say agriculture is a low-risk investment that keeps pace with inflation and increases in value over the long-term.

They describe investment in agriculture as a tangible asset that provides benefit to the community, adding that it can diversify the investor’s portfolio.

Investments in agriculture can guarantee significant revenue for the investor.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 8:52am On Jun 22, 2021
The raw production method produces Shea Butter of light beige to a more creamy yellow. It is smooth to the touch, absorbs easily and sometimes has a roasted fragrance to it. Interest in Raw Shea Butter is having a well-deserved resurgence. The result of the production process is a miraculous beauty, anti-ageing and therapeutic lotion that is naturally high in vitamin A and E has more antioxidants than Green Tea and boasts of six different essential fatty acids. Its high nutrient content makes Raw Shea Butter useful for everything from hair care to reducing wrinkles.
The latter is a new way which is gaining popularity. It is the Cold pressed. Cold Pressed Shea Butter produces a final product that is lighter in Shea Scent and Colour but still as nutritive.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 6:49pm On Jun 22, 2021
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Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 9:16am On Jun 23, 2021
Export Expansion Grant– It is a post-shipment incentive designed to expand export volumes and improve global competitiveness of Nigerian products.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 5:46pm On Jun 23, 2021
Our role as exporters of raw agricultural products is to ensure buyers get exactly what they want from as close to the sources as possible.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 9:13am On Jun 24, 2021
Benefits of Using a Freight Forwarder in Sheabutter Export

They can recommend the best mode of transportation and best routes based on shippers' requirements. There is a cost savings when using a freight forwarder. Since transportation providers transports Shesbutter in bulk, freight forwarders can negotiate lower terms with carriers.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 2:34pm On Jun 24, 2021
Every region in the world has a minimum standard for the commodities that can be imported into their countries. Whether for petroleum products, agricultural products, or solid minerals, there’s a minimum standard for every nation, before moving on to the importer’s standard requirements.
Studying and understanding what is acceptable in most parts of Asia, Europe, America, and parts of Africa can be the difference between success and failure.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 9:11pm On Jun 24, 2021
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Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 9:26am On Jun 25, 2021
What is a freight forwarder example for Sheabutter Export?

Forwarders contract with a carrier or often multiple carriers to move the goods. For example, the freight forwarder may arrange to have cargo moved from a plant to an airport by truck, flown to the destination city and then moved from the airport to a customer's building by another truck.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 2:19pm On Jun 25, 2021
Freight Forwarders vs Shipping Agents

The main differences between freight forwarders and shipping agents are: Types of transportation—shipping agents will often specialize in one specific mode of transportation, while a freight forwarder can provide multimodal transportation options.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 9:04pm On Jun 25, 2021
And while no two countries have exactly the same laws, when it comes to freight there are many precepts that are standardized worldwide.

This means that no matter where you ship from, you will encounter the same regulations. One of the most prominent examples of this standardization is the International Commercial Term, or incoterm.

Simply put, an incoterm is the standard contract used to define responsibility and liability for the shipment of goods. It plainly lays out how far along into the process the supplier will ensure that your goods are moved and at what point the buyer takes over the shipment process. It also has implications for your total freight costs.

FOB
Of the 11 different incoterms that are currently used in international freight, Free on Board (FOB) is the one that you will encounter most frequently.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 9:10pm On Jun 25, 2021
FOB Shipping Meaning

First, let’s define what FOB (free on board) means by breaking it down word-by-word.

The term ‘free’ refers to the supplier’s obligation to deliver goods to a specific location, later to be transferred to a carrier.

In other words, the supplier is “free” of responsibility. ‘On board’ simply means that the goods are on the ship.

As such, FOB shipping means that the supplier retains ownership and responsibility for the goods until they are loaded ‘on board’ a shipping vessel. Once on the ship, all liability transfers to the buyer.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 11:09am On Jun 26, 2021
The FOB incoterm is only applied to shipments being sent by sea or waterway.

The further clarify, let’s track the FOB shipping process:
You purchase goods from a supplier in China and agree to FOB shipping terms. The next three steps of the process are carried out at the supplier’s expense.
Your goods are packaged and loaded onto a truck (or another form of transportation) at the supplier’s warehouse (or another facility).
The truck brings the goods to the port.
The goods are loaded on board the shipping vessel.
Once aboard, the rest of the journey from China is now both your liability and your expense. Anything that happens from this point is on you
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 2:52pm On Jun 26, 2021
There are situations where you may be responsible for covering costs before your goods are on board.

When you are shipping loose cargo (ie, not a full container), for example, your goods must go through a Container Freight Station (CFS) to be consolidated into a container.

Some suppliers do not cover the cost of consolidation.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 9:44pm On Jun 26, 2021
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Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 12:21pm On Jun 27, 2021
What is the Difference Between FOB Shipping Point and FOB Destination?

The qualifiers of FOB shipping point and destination are sometimes used to reduce or extend the responsibility of the supplier in an FOB shipping agreement.

With FOB shipping point, ownership of goods is transferred to the buyer once they leave the supplier’s shipping point.

From there, the title for the goods transfers from the supplier to the buyer immediately and if anything happens to the goods at any leg of the journey to the buyer from there, the buyer assumes all responsibility.

With FOB destination, ownership of goods is transferred to the buyer at the buyer’s loading dock.

Upon delivery of the goods to the destination, the title for the goods transfers from the supplier to the buyer.

If anything happens to the goods on any leg of the journey to the buyer, the supplier assumes all responsibility
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 7:07am On Jun 28, 2021
FOB Shipping Point

When the terms are FOB shipping point, the supplier relinquishes all of his responsibility for the goods at his shipping point and the buyer is obligated to cover the freight costs required for getting them to the desired location.

To further clarify, let’s assume that Third moves ventures company in Nigeria purchases a container of The Wonder Comb from a supplier based in China.

An FOB shipping point agreement is signed and the container is handed off to the freight carrier at the shipping point.

If sending the container to Nigeria costs N500,000, Thirdmoves ventures Company is responsible for paying that sum in full in order to get the goods.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 3:43pm On Jun 28, 2021
FOB Costs: What is the Difference Between FOB and other sea shipping incoterms?

There are four incoterms that are applied exclusively to ocean shipments: FOB, FAS, CFR, and CIF.

Understanding the differences between each is as simple as knowing how much responsibility the buyer and supplier assume under each agreement
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 9:42am On Jun 29, 2021
What is the Difference Between FOB and FAS?

Free Alongside Ship (FAS) is a barebones ocean freight shipping option. It requires the supplier to pay for the delivery of your goods up until the named port of shipment, but not for getting the goods aboard the ship.

The buyer takes responsibility for the shipment once it is placed alongside the shipping vessel.

Unlike FOB shipping, the supplier is not required to ensure the safe movement from port to ship.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 5:04pm On Jun 29, 2021
What is the Difference Between FOB and CFR?

Cost and Freight (CFR) puts the costs associated with transporting your goods to the destination port on the supplier.

This includes any fees associated with export, in addition to the cost of sending your freight to the port of destination.

Once the delivery is unloaded in the receiving country, responsibility is transferred to you.

CFR includes neither insurance nor the costs associated with getting the delivery to your final destination. Also excluded are customs duties.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 9:46am On Jun 30, 2021
What is the Difference Between FOB and CIF?

Cost, Insurance, Freight (CIF) puts the liability of payment for – you guessed it – cost, insurance, and freight on the supplier.

This means that your shipment is in the proverbial hands of the supplier through the process of transporting them to a port and loading them aboard a ship. They also cover insurance costs.

The buyer still pays additional fees like customs clearance, however.

Depending on the agreement with your supplier, your goods may be considered delivered at any point between the port of destination and your final delivery address.

CIF is a more expensive contract option than FOB, as is demands more effort and expense on the part of the supplier.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 6:16pm On Jun 30, 2021
Shipping timelines are always given by the shipping line when a booking is first made, but the reality is even if you managed to get the container loaded and moved into the port the same day, which is highly unlikely, there’s no guarantee that your cargo will still sail with the scheduled vessel.
Re: Guide To Sheabutter Opportunities, Export, Extraction And Refinery In Nigeria by Ltrust1(m): 10:04am On Jul 01, 2021
Sales are the lifeblood of every business. Without it, you wouldn’t have cash flow, and without cash flow, you won’t achieve any form of growth or have enough funds to keep your organisation running.

While consistently making sales is key to growing a thriving organisation, the ease of finding clients in various industries differ. Join us to find out reasons you are not finding International buyers for your products.

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