₦airaland Forum

agentakins:
you didnt read through the write up. its already written there that the minimum investment is 130 euro

i did read everything but wanted to hear the minimum in Naira. As i like #growingNaira

agentakins:
Dont follow. Try everything possible to join the moving train NOW before its too late. Timing is the most important factor in cryptocurrency mining. By this time next year, i will be like...

like how much are we lookin at starting small? As bitcoin isnt cheap!

Christaf:
@gowaga68, what's ur price for a truckload of mahogany? and hw many trucks can u supply per week?

quotation without shipping are:
Mahogany:
2 X 12=1600
2 X 6= 1000
Marina
2 X 12 = 1500
2 X6 = 900
Quamtity in a truck:
2 X12 = 1000 piece
2 X6 = 2000 piece.
Never sent to your state but will ask cost.

You guys are doing good and wonderful. From seeing this thread I'm developing interest in venturing back to trade.
How ever what do you guys think of Inchimoku indicator?
Wishing you all a happy pipping week.

Following...

omoteamac:
So how do you manage all the businesses? You delegate?

And did you later venture into the okrika biz after you got the space? I hope sales isn't slow

Being an Entrepreneur that shouldn't be a problem.
OP, keep the light on.

bizme:
I have 9k euro for sale now. contact me on 07032508107 if interested. Only serious human buyers are welcome.

What's your location and rate?

Discussing here may help someone without us knowing.
So ask all questions here for now.

divineappo:
Do you have an export contract or do u have buyer presently?

Working on that at hand.

What's your present rate?

PROCESSING GUM ARABIC FOR HUGE PROFIT IN NIGERIA.
NIGERIA is the leading producer of Gum Arabic in West Africa. As well, it is the second largest world producer/exporter of Gum Arabic after Sudan. Gum Arabic (acacia senegalis) is a perennial tree found growing wild in large commercial quantity in the northern parts of Nigeria. However, when cultivated it takes about 5years to mature. At maturity, the tree when struck or pierced with sharp metal object like knife, oozes out whitish sticky sparkling substances. The raw gum command high commercial value both local and international. A research carried out by the Nigerian Export Promotion Council showed that the major Gum Arabic producing areas in Nigeria are Bornu and Yobe states.
Nigeria produces less than 30 per cent as Sudan produces about 70 per cent, leaving about 30 per cent for Nigeria and other gum Arabic producing countries of Mali, Senegal, Chad and Niger Republic. It is generally believed that Nigeria’s actual production of gum Arabic does not reflect her potentiality. Now that the government and people of Nigeria have shifted attention to commercial exploitation of non-oil exportable products, the gum Arabic industry in Nigeria is at the verge of challenging the near monopoly of Sudan in the world gum Arabic trade.
According to records of the Nigerian Export Promotion Council (NEPC), there has been a significant growth in non-oil exports since 2004 from about 3 per cent that year to 8 per cent in 2005 and 24 per cent in 2006, and more than 40 per cent increase in 2007. In 2009, due to global economic meltdown, a significant fall in non-oil export was recorded. As at September 2009, the earnings from non-oil export was put at $1billion, down from the $1. 8billion earned in the corresponding period of 2008. NEPC records also show that in 2009, 37 companies under the African Growth Opportunities Act (AGOA) scheme exported $37. 5 million and 286,24. 53 pounds worth of various products to the united states of America. This was about N48million less the amount that was accrued in the corresponding period of 2008 when a record of $86. 5million was realized.
The project
The project is establishing gum Arabic processing plant capable of refining raw gum Arabic into powder and granules for export as well as for local market using the right modern technology. The project is best located near the source of raw material. The major raw material is raw gum Arabic which is available in different grades in northern Nigeria. The plant will process the raw gum Arabic to the required international trade standard. It will be capable of producing 10 tons of refined gum Arabic daily working for 300 days per annum employing 25 members of staff at the outset.
The industrial uses of gum Arabic, both locally and abroad are so much that despite the fact of Nigeria being the second largest exporter of gum Arabic in the world still records its importation into the country. The gum has binding or adhesive properties and as such is used as a good emulsifying agent. It is therefore most useful to pharmaceutical, food, and beverages flavourings, dairy and ice cream, cosmetics and the confectionary industry. Besides the increasing needs of this ever growing industries in the country, gum Arabic commands appreciating value in the international market. The major importing countries of gum Arabic are India, Japan, UK, France, Germany, Spain, Pakistan, Bangladesh, Italy, and China.
Process technology
The processing technology is relatively simple and involves the following: sorting, crushing, dispersion in water, purification or straining, precipitation, separation or centrifuging with alcohol. Drying, milling or spray granulation. The application of the right machinery in this process will yield a high grade (grade1) of the refined gum Arabic powder or granules capable of meeting the international trade grading standard.
Profitability
The project operating at the estimated installed capacity is capable of producing 3000 tons of gum Arabic powder per annum. Assuming conservative export price of $10,000per ton and the local sales prices of N150,000 per ton, annual turnover of N2. 8billion can be recorded with export volume of 2000 metric tons of refined
Gum Arabic powder. A Strong positive profit figure after tax can be generated. Also a high internal rate of return due to the foreign exchange rate component of the export product is achievailable. A three year estimated pay back period for the project is guaranteed
Financing
The return on this project are quite attractive and impressive that no bank or financial institution with discerning credit officers will turn down any loan request for funding this project. Promoters of this venture will also feel comfortable to release their hard earned money to finance this project. Also, micro finance Banks across the country have all the necessary funding to assist entrepreneurs in this project. The bank of industry (BOI) as well is waiting for determined investors to present this type of project to them for sponsorship.
Project implementation
The successful implementation of this project begins with the preparation of detailed and bankable feasibility study report to ascertain the actual cost/benefit status of the project. Company registration with Corporate Affairs Commission, Nigeria Export Promotion Council, Standard Organization of Nigeria, National Food, Drug Administration and Control,etc. must be obtained. Acquisition of factory site, plant and machinery,and other fixed assets ensured. Staff recruitment and training, sourcing of raw materials, local and international market for the products established, then processing takes off.
Future growth minded investors are encouraged by the writer to engage in this profitable venture.
Project Cost Estimates N
Pre-investment expenses 300,000
Factory site 2,000,000
Plant&machinery 3,000,000
Furniture/Fitting 200,000
Motor vehicle 2,500,000
Working capital 500,000
Contingency 100,000
Total 8,600,000
As the world continues to grapple climate change and its effect on the socio-economic life of ordinary people, Nigeria is presented with a great opportunity to exploit the twin benefit of fighting desert encroachment and increasing the earning power of her citizens through massive investment in the cultivation of gum Arabic.
Gum arabic is a leguminous tree species that is well adapted to sudan and sahelian agro-ecology of Africa and it produces a natural gum made of hardened sap mostly taken from three species of the acacia tree; Acacia senegal (Grade 1), Acacia seyal(Grade 2) and Combretum though the major Acacia utilized for commercial Gum Arabic production in Nigeria are Acacia Senegal and Acacia seyal.
Nigeria currently produces about 20,000 MT of gum Arabic annually ranking second in the world with Sudan as the leading producer and Chad after Nigeria as the third largest producer of the product whose world production as been estimated at 70,000 MT annually. From available data Africa produces about 98% of the world requirement of gum Arabic.
Gum Arabic is used as thickener, suspender, emulsifier, stabilizer, flavour carrier, binder and encapsulating material. In addition, it is used in confectionaries, food, beverages, pharmaceuticals and chemical industries.
Some of the producing states in Nigeria includes Adamawa,Bauchi, Borno, Yobe, Jigawa, Gombe, Taraba, Plateau, Sokoto, Kebbi, Katsina, Nasarawa ,Niger and Zamfara. Though Borno and Yobe states are the major producers in Nigeria

tumababa:
U are looking for an iphone 6 of 300$. This is iphone ultimate search

With this free fall of $$$.
I hail thy!

kopell:
How far is this location from FO2, is this AGIS allocation? what is the full name of this developing Company. One thing for sure FO2 around that location is a vast land of about 100 acres that has been fully mapped out with all amenities like the major road has been put in place. Though for over 8 years now, no one could develop their subscribed plot due to bureaucracy between the government and the local indigenes that stop the development of that location. I will be more than happy if this seller can display the copy of COF of said land for everyone to see before subscribing to other problem that may last another 10years.

Nice observation. Following gentle to get more informations before venturing into any deal.

Yeah, not seeing you on whatsapp.

You see nothing wrong but he the Common sense Senator. Have this for you

iwuemma:
were you guys tagged special guest of honor?

i dont get the rant!

you want Ben Bruce to serve you personally? spoon feed you guys and hand you guys his book because you guys are guest and from Unilag?

will you say you havent been to a party and service was not carried out properly?
say you havent and you clean your mouth for lying.

event management is one problem , no matter the organizer.
those that managed the events mismanaged it , so holding it against Ben is crass stupidity.

must he be everywhere?

and you using this to cast aspersion on him because he didnt spoon feed you guys? very laughable..

and imagine the hate, you are taking pictures and snapped the food he served you guys?
his own money?

aint you an ingrates..
quite pathetic.

and if he didnt invite you, you would say he despise the student.

they sent you guys up for you to see all that happened.

instead to aspire to do greater things as a masscomm student you are casting aspersion and painting him on the bad light..


knowing fully well that your rant will dent his image as an opposition ..

you also forgot it was live program, so am yet to hear people confirm the humiliation at his birthday..

how many boook lunch have you attended and you got the book free , even to the point it reached everyone!?

probably they ran out of copies!
SO DOES THAT make him bad?


how much do people pay to attend shows by your favorite musicians?
you saw them free of charge and you dey complain?

are you okay?

I used common sense to derive the question i asked you.
not everyone will agree with me but you know they are true.

enjoy your teem drink man....

https://www.nairaland.com/2946435/ben-bruce-apologizes-unilag-students

idoo4love:
moneybag sha u don move ni

The guy done move o.

Lagtech: no matter where you hide ,you'll surely enter hand one day.
Enjoy your self before then..

Following.

hotmas911:
As at this morning, official price is not out yet here in Ogbomosho though unofficial trade has started.

Waiting to see the official price from Ogbomosho then ask from Nasarawa and Taraba.

Christaf:
Geniune Timber suppliers are needed for immediate supplies of quality timbers at a very good price in Abia state. Send your quotations to christianezensofor@gmail.com or call 08024350428

What type of Timber are you interested on?
I can supply: Madrid and Mahogany. Can also source for others if you want.
Contack me on 08024006498 (whatsapp).

Ohjayboy:
Between 4K and 6k

Ok.

OP: nice one

GlorytoGod:
A family of three and a half months old is sold for N7,500 ( l bought for N10,000 when l was starting) but l don't have them now ( l just sold 17 families to 2 people who want to start commercial breeding). Remember that 2 females and 1 male make up a family. However a family of two months old,which l have for sale now, is sold for only N3,000 Therefore 3 families cost N9,000 only.

What breed is it? I'll be going into commercial too but will be starting small.

GlorytoGod:
To get them to Lagos is easier,only 4 hour journey, compared to Ilorin-Anambra which is 8 hours.You can send money to me and l will send your rabbits to you. (l won't dupe anybody for anything) Alternatively,you can come over,send someone or if you know of a driver plying Lagos-Ilorin.

So, how much will it cost me to get just 3 family for a start? Am not base in Lagos but somewhere in the North (but will pick them at Lagos).

Bishops10:
Bring back Goodluck Jonathan

Bring him!

iamexcelblog:
Since agriculture is a booming business in Nigeria, I decided to go into the sector. Right now, am into the importation of Cucumber and Water Melon seeds. They are STRONG, tested and trusted and has been proven to survive the harshest weather conditions.....

I supply both in retail and cartons to any part of the country. Contact me for prices and quotes. Either send me a private mail or comment on this thread. Thanks.

The Price is 1,700 per tin. With the current lack of dollars and access to it, the price will hike to 3,000 in the coming weeks. Am still selling at that amount because I have over 30 containers of it.

I SHIP TO EVEN SAMBISA OR ANY OTHER REMOTE NORTHERN STATE! Your success in Cucumber and Water Melon farming is my concern!

For a start I'll be going for just two tins.
How much will it cost to land Katsina-ala,Benue state?

nosa2:
I need a consultant to help setup a moringa farm in or around the Abuja axis. Practical experience necessary.

Email me with your contact details nosa2 at iCloud.com

Are you still in need of a consultant?

Ohjayboy:
Hello,
Sorry am just replying. I have large rabbit full breed chinchilla and Angora. I have quite some wearers for anyone who wants to bread as well. Weaners are from 2k. Weaners are in hot demand, order fast or you wait for next breed.
My farm is located in Ajah,lagos, will sent pictures to you tomorrow.
You can reach me 08068894924 or 08032002042

If you eat rabbit meat once, you will never eat any other type of meat. A trial will convince you.

Ohjay farms.

How much are the adults ?
Thanks.

I can buy them all, but you need to do something on this price.

How can one get in Lagos?

princeifynicky:
Do you know that fish business is now a hot cake i n Nigeria? Do you want to join the train but don't know how?? Or maybe you don't even have the capital. Anyways, If you can afford 10k for your business, then you are good to go.

This is a real deal that can rake in over 100k for u monthly if you are serious, commited and passionate.

What you have to do...

Attend a 2 day 100% practical training on Catfish Hatching for just 4k in Ijebu Ode. Interested people should text Or Call 07057355957 for more info.

BENEFITS..
∆ Buyers connection to all participant.
∆ Free Handouts to all participant
∆ Certificates of participation.

I'll very much want to attend but one thing I don't understand is do you organise the training every month or day?
As I'll be coming from the North.