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HOW TO MAKE PROFIT PROCESSING TOMATO IN NIGERIA
Tomato is regarded as a fruit in some quarters and as vegetable in others but which ever way you look at it, tomato is a highly nutritious food ingredient used in the preparation of many food. Tomato is virtually used by every tribe in Nigeria.
In time part in Nigeria, tomatoes grown in the south west had great dominance over all other varieties in the market but as the economy of the country expanded and the market for the globe looking type of tomato grown in the northern part of the country becoming too small as a result of low consumption rate, the variety stated gaining dominance in the southern market. Over time, this variety has dominated the market in Nigeria.
MARKET FOR PROCESSED TOMATO:
For a nation that wants to develop, it most focuses on area where it has comparative advantage and surely Nigeria does has a comparative advantage in the agricultural sector especially in tomatoes production and processing.
Nigeria produces about MT of tomato per year but over 50% of these value is lost majorly through poor storage system and bad road network thereby leading to lack of availability of the product during certain period of the year and also making it expensive.
The above loophole makes tomato processing a viable business in Nigeria. The demand for tomato and its bye-product far outweighs the supply.
With a population of over 140 million people and an estimated national population growth rate of 5.7% per annum ,an average economic growth rate of 3.5% per annum in the past five {5} years, Nigeria has a large market for processed tomato product . Also the investor can also take advantage of the trade liberalization in the West African {ECOWAS} market to sale there product.
In Europe and America, tomatoes are either presented fresh in supermarkets or packed in tins for consumers. The packaged tomatoes are used in the export market and Nigeria is one of the countries involved in its importation which also speaks of our consumption rate.
However, since tin tomatoes do not come in large packs, it cannot meet the needs of large size market consumers like those used for weddings, restaurants, parties, hotel and this market is very huge in Nigeria.
PLANT CAPACITY:
Tomatoes milling plant could be operated on a small, medium or large scale depending on the availability of the raw material and the investor’s financial capability.
RAW MATERIAL:
The major raw material needed in tomatoes and it can be sourced mainly from the northern part of the country in the following states Sokoto, Gombe, Yobe, Kano, Kaduna ,Benue e.t.c.
For large scale production, it is advisable that the investor has a farm attached to the business plan.
For a detailed feasibility studies or country report on the above subject matter or any project you wish to start in Nigeria, please do contact the writer.
Anaekwe Everistus Nnamdi is a solid mineral and agricultural produce consultant. You can reach him on + 2348033782777 ,+2347082530855 or farriconsultingng@gmail.com
That gold is difficult to serve as jewelry sets lies in the fact that it is very soft, which is one of its characteristics.In consequence, people create a new type of gold called karat gold by adding a little silver, copper and zinc into gold in order that the strength and toughness of gold are greatly improved.Vintage-Inspired: Magnificent Jewelry
Karat gold jewelry is characterized by the fact that it only takes a small amount of gold and is not expensive.On the one hand, karat gold can be processed into different colors; on the other hand, it also has little possibility of deforming or wearing off.Usually named as “white karat gold”, this gold alloy is made from gold and 25% palladium or nickel and it has a color of white.Consumers should be cautious about what they buy, avoiding the confusion of platinum and white karat gold (or karat white gold).The scientific name of what we commonly call white gold is platinum. Moreover, what we usually refer to as white karat gold is actually an alloy of gold and other metal.Several Weeks Ago Jenny Humphrey was Criticized for Wearing uk links of london
Jewels which are made of white karat gold or karat white gold are wholly different products from those made of platinum on the market. Wedding Links London Friendship , the Items that Makes all Women Crazy!Often made from silver or copper, this kind of gold-plated jewels can also be found on the market.Platinum and karat gold are much expensive and have a much better quality than this metal which is only plated with gold or rhodium or other metal and which in consequence looks like gold or platinum.Some Details to Maintain Your Links London Rings
Karat gold is the kind of gold used by Links of London.
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