On this article we are going to look
at the guidelines and steps on how to start groundnut business in Nigeria. This
article is actually going to give you a comprehensive breakdown of the various
steps and what it takes for you to start groundnut business here in Nigeria. Without
been told groundnut is really an essential and highly economical crop with huge
nutritious value. There are several ways groundnut is use, the groundnut seeds
can be crushed to extract the oil which can use for many purpose like deep
frying, the formation of pomade when mixed with other substances, etc.
Furthermore, there are a lot of
health benefits of groundnut such as fighting stomach cancer, protection of the
skin, growth enhancement, fighting against heart disease, fighting of nerve
disease, acts as anti-oxidant, it reduces the chances of stroke, etc.
According to statistics Nigeria is
currently producing more than 1.55 million metric tons of groundnuts per annum.
Actually this figure has ranked Nigeria as the highest producers of the crop in
entire Africa and also making them to sit as the 4th position in the
world groundnut producers ranking.
Some years ago some parts of Nigeria
really depends on groundnut as their main source of revenue, most especially
the northern part of Nigeria and the middle belt. These parts of Nigeria where the
major producers of groundnut and these area became developed from the funds
acquired from groundnut importation and internal sales, now this has changed because
of the over dependent on crude oil. Despite this, groundnut business still
stands out as one of the most lucrative and profitable business in Nigeria as
most people who are into this business make a lot of income from the business, selling
it in a raw state and also in processed form. Statistics has also shown that groundnut
farmers most especially in the northern and middle belt in Nigeria harvest as
much as five metric tons of groundnut per hectare of land but same cannot be
said about groundnut farmers in the south and east as well as west as the soil
in those areas seems not to be a little bit deficient in nutrient demanded by
this crop.
Research has actually shown that groundnut
tends to do very well in arid or semi-arid areas which is why most of the
products in circulation are cultivated in places like Kaduna, Adamawa, Benue,
Kanu, Taraba, Bauchi, and Borno. Although other places like Akwa Ibom, Cross
River, Edo and Ogun still produce some good quantity of groundnut but not really
as much as those once I earlier mentioned. Below are the steps on how to start groundnut
business here in Nigeria:
1. Start by learning how to fry
groundnut: Before you venture into this business you really need to learn and
be perfect in frying groundnut. This can be done either by going for a formal
practice or just seeking advice from experts in this field. Whichever ways you
choose just know that doing so will really give an insight into what you intend
doing and it will not take you much time learning it.
2. Get a good location: Almost 80% of
Nigerians consume groundnut, but getting a location that has good population is
really an added advantage to you. Although you can start the business wherever
you are then with time move it to high populated places. You can move it to places
like schools, major streets, motor parks and even supplying supermarkets.
3. Purchase the groundnut and start
frying it: As you are new in the business you don’t need to buy a very large
quantity of groundnut, you can use this first time for testing and observation.
The following are the step by step on how to fry groundnut if you have not
fried groundnut before.
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You need to wash the groundnut with
water and then remove it in less than a minute (actually some people prefer to
sprinkling water, claiming it makes the groundnut taste better)
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Then add some salt to it.
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Just spray it and allow it to dry
properly.
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Then you need to prepare your fire
and pot (you can use a flat button pot or big fry-pan)
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Then you need pour some cup(s) of
garri or sand and allow it to heat up properly.
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Then pour the groundnut until it is
done (usually looks somehow brownish in color)
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Then pour it out and allow it to cool
a bit
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You can now tie them with waterproof
or whatever container you want to.
The truth is that there are many
groundnut sellers out there, the question now is how do you break into the market
and beat your competitors? What you need to do is to create some strategies.
You can start by reducing the price of
your groundnut and decide to make a minimal profit at the beginning or perhaps
increase the quantity in each sachet or bottle. Doing this will really help you
by bringing a lot of customers to you at the beginning.
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