This is for the people asking if coconut business is profitable in Nigeria or coconut business profits. According to him, Lagos State is the largest coconut producing state in Nigeria, contributing over 70 per cent to what the nation produced. (NAN), SHOCKING! The state Acting Commissioner for Agriculture, Ms Abisola Olusanya, stated this at the Year 2020 Coconut Day Celebration at Lagos Farm Centre, Agege, organised by the Lagos State Coconut Development Authority. Avocado oil, coconut oil, palm oil, etc., because of the different processing methods of raw materials, the hair oil usually has a higher acid value, and it is easy to use molecular distillation deacidification combined with intermittent degumming to … under a PPP arrangement in her 2021 Annual Work Plan and Budget (AWPB).“It is believed that with all these efforts, Lagos State will continue to be number one coconut producer in Nigeria. 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The Lagos State Government has disclosed its plans to establish a coconut processing factory in the Badagry area of the state. She said that the factory would be solely dedicated for the processing of coconut husk to coir, and cocopeat among others, under a Public Private Partnership arrangement.She noted that these initiatives further reinforced the state’s position as the number one coconut producer in Nigeria in addition to providing employment opportunities for the teeming citizens.She said the processing factory would also catalyze the entire industry, such that more people would come within the sub sector and create more business opportunities in the value chain. The Special Adviser to the Governor on Food Security, Mr Okanlawon Sanni while distributing the processing equipment to the beneficiaries, said the gesture was aimed at boosting food security in the state. You may wish to start the coconut oil production business. The St. Gabriel Coconut Oil Factory located in Ikot Akpan Okop, Mkpat Enin Local Government of the State is handled by VKS Nigeria Construction Limited. The factory would be dedicated to processing coconut husk to coir, coco peat and other derivatives. Search for Coconut oil with Addresses, Phone numbers, Reviews, Ratings and Photos on Nigeria Business Directory Features of cold pressed coconut oil processing machine in nigeria: 1.Model 6YL screw type oil press machine are advanced oil processing machinery, characterized by their simple design, wide suitablity, convenient operation and also, high productivity and high oil outputrate. Garri (Eba) 2. He said government must know the crop and identify the genuine stakeholders in the coconut industry as well as identify the secondary industry product need of the industry. In our coconut processing video tutorials, you will learn:1. Coconut producing states in Nigeria Palm trees with coconuts grow mainly on the coast of Nigeria and are located at distance no more than 450 miles from the sea. Because we are not utilizing the opportunities that lies in coconut farming. The factory which has a projected capacity of processing one million coconuts a day, will commence with a starting capacity of 300,000 coconuts daily. Full continuous refining equipment. Break the coconut, making sure to collect the coconut juice from it. Gas Plant: Obaseki Promises Adequate Security. Others are; how to start coconut oil business even when you are not processing, where to source for coconut, where to sell coconut oil etc. "Unfortunately," he said, "Nigeria is not subsidizing production but consumption. Lagos State Governor, Babajide Sanwo-Olu last month had visited Badagry to inspect several moribund agro-ventures in the area. © 2005-2019 AgroNigeria | All Right Reserved, Lagos to Start Coconut Processing Factory in Badagry, Processors and Marketers Association of Nigeria (NACOPPMAN), Ekiti, NEPC Partner to Boost State’s Agro-Export Capacity, ‘Half a Loaf Is Better than None’ – PAN Reacts to FG’s Grain Support, EkoCity Farmers’ Fair: Lagos Praises Farmers for Contribution to Agric Sector’s Resilience, NVRC Releases New Crop Varieties as Farmers Eye Dry Season Planting, Ekiti: 140 Young Farmers Trained by NITDA on Smart Agriculture, Oyo State Lawmakers pass anti-open grazing bill into law. The celebration was tagged “Coconut in the 21st Century Economy.”. Speaking at the celebration, Olusanya also noted that the development would help to harness the economic potential of the fruit as well as optimise its use. The State Acting Commissioner for Agriculture, Ms. Abisola Olusanya, stated this Wednesday at the Year 2020 Coconut Day Celebration at Lagos Farm Centre, Agege. Earlier this month, President of the National Coconut Producers, Processors and Marketers Association of Nigeria (NACOPPMAN), Nma Okoroji, had extolled the potentials of the coconut value chain. The event was organised by the Lagos State Coconut Development Authority. I especially like to drink garri with groundnut and milk and honey!Because Nigerians eat these foods a lot, cassava farming is a very profitable business in Nigeria. To further optimize the use of coconut value chain, the state has proposed to establish a coconut factory in Badagry, solely dedicated for the processing of Coconut husk to Coir, coco peat etc. In his remark, the Country Representative of Food and Agriculture Organization, (FAO) in Nigeria, Mr. Fred Kaferro, commended the Lagos State Government on its commitment to food and agriculture, adding that the issues that relate to coconut are very important as it goes from production and all it takes to produce a healthy coconut into the variety and the processing and how it is consumed. “I believe Nigeria produces over 350,000 tonnes of coconut annually, but it is far behind what the likes of Philippines, Malaysia, and other Asian countries are producing on an annual basis. The Lagos State government has said it will establish a coconut processing factory in Badagry to further optimise the use of coconut and harness its economic potential. “It is believed that with all these efforts, the Lagos state will continue to be number one coconut producer in Nigeria. She noted that the factory would be established through a Public-Private Partnership arrangement as contained in Lagos State’s 2021 Annual Work Plan and Budget. There is need for us to create value chain for both local and International consumption especially now that the export market is growing by the day. “The support will also lead to various job creation in other areas aside from the above mentioned and contribute to export and foreign exchange earnings for Nigeria.”. Acting Commissioner for Agriculture, Abisola Olusanya, stated this at the 2020 Coconut Day Celebration held at the Lagos Farm Centre, Agege. By; RAYMOND TEDUNJAYE, Lagos The Lagos State Government has said that it will establish a coconut processing factory in Badagry to further optimize the use of coconut and harness the economic poten… A coconut oil production business is a viable business in Nigeria. © 2001 - 2020. Nees Coconut Processing, Abuja, Nigeria. That is wrong." The celebration was tagged “Coconut in the 21st Century Economy.” Meanwhile, the Lagos government is establishing a coconut processing factory in Badagry to further optimise the use of coconut and harness the economic potential in the value chain. The range of products that we offer entails Fresh Coconut Products, Dried Coconuts, Desiccated Coconut Products, Coconut Oil, Coconut Water, Coconut Shell Products, Coconut Shell Charcoal Products etc. Quick question, which of the foods below do you eat more than twice a week?1. The coconut oil production business is largely promoted as one of the most profitable small-scale production businesses any entrepreneur can venture into in Nigeria, since the producer doesn’t undergo the common risks and the high cost of production associated with … Related industries Any country. This will to a great extent provide jobs and employment for teeming citizens.“The support will also lead to various job creation in other areas aside the above mentioned and contribute to export and foreign exchange earnings for Nigeria,” she said.Olusanya reiterated Gov. Lamenting the low coconut production rate in Nigeria, Olusanya, however, expressed optimism in the potential of the coconut value chain to generate revenue as well as reduce the unemployment rate. Babajide Sanwo-Olu’s commitment to adopting a much more robust food security strategy for the state next year.The acting commissioner said the theme of this year’s celebration, “Coconut in the 21st Century Economy,” was aimed at creating awareness for the promotion of production, processing, utilization and commercialization of the coconut value chain.She said that the occasion took into cognizance the fact that Nigeria ranked l8 among over 92 coconut producing countries of the world, of which Lagos State contributes about 70 per cent of national production of coconut and its products.“Undoubtedly, agriculture remains the fulcrum of human survival with majority of the resources donated by nature. It’s a profitable business that requires less capital to start as compared to other coconut produce businesses. DON'T BE A VICTIM! Sanwo-Olu during the visit had assured of the state’s readiness to revive the ventures, adding that the planned action would be part of its efforts to exploit the agricultural potential of the state. According to him, Lagos State is the largest coconut producing state in Nigeria, contributing over 70 per cent to what the nation produced.“I believe Nigeria as a whole produces over 350,000 tonnes of coconut annually but it is far behind what the likes of Philippines, Malaysia and other Asians countries are producing on an annual bases.“We are very much far behind. 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Despite its huge coconut consumption record, Nigeria buys the bulk of its coconuts from Ghana and Ivory Coast, and ranks 19th on the list of producers in the world. The Lagos State government has said it will establish a coconut processing factory in Badagry to further optimise the use of coconut and harness its economic potential. “It is believed that with all these efforts, Lagos state will continue to be number one coconut producer in Nigeria. The following states, which are engaged in production of coconut oil in Nigeria are included in the list: Cross River, Akwa Ibom, Ekiti, Delta, Bayelsa, Ogun, Rivers, Anambra, Ondo, Enugu, Imo, Oyo, Abia, Edo, Ogun, with Cross River, Delta, … All Rights Reserved. Sanwo-Olu, who was represented by the Commissioner for Agriculture, Prince Gbolahan Lawal, also said the state had potential of more than 10 million coconut trees with an annual production of one billion husked nuts worth about N50 billion, adding that as at present, Lagos State is the hub of Coconut Value Chain, not only in Nigeria but the entire West Coast of Africa. That coconut (Cocos nucifera) is the most important of cultivated palms and the most widely distributed globally is saying it as it is. Okoroji had observed that the product if well harnessed could generate over $400 billion in revenue annually for the country. “As such, it is not an overstatement that the crop we are celebrating today is perhaps one of the most single useful crop known to man in terms of versatility, product utilisation and longevity.“This occasion, therefore, serves as another timely wake up to go back to the basics and rekindle the interests and values of coconut and its plethora of products for social, environmental, economic and wellness advantages as seen to be practiced and enjoyed sustainably by coconut driven economies.‘Lagos has comparative advantage for coconut production, processing, utilisation and commercialisation and as of today, remains the hub of coconut in Nigeria and all coconuts traversing the West Coast of Africa,” she said.Olusanya noted that the implementation of many initiatives in coconut sub-sector by the state government was to further bring awareness to the potentials in the coconut subsector of Agriculture that has not been fully tapped.She congratulated all the coconut value chain actors and assured them of continuous government’s support in providing an enabling environment to unleash potentials of the wonder crop to an enviable level.“I strongly advise actors in this value chain to make optimal use of the opportunities of this year’s commemoration of World Coconut Day to network, share information and diversify innovation among others in order to better their lots.“The government alone cannot drive the initiative therefore, more investors are invited to partner with the state government by investing in the sub-sector to ensure sustainable job creation and food security. AbachaI eat Garri and Fufu at least twice a week. Lagos To Establish Coconut Processing Factory In Badagry By 2021. The Lagos State Government has stated that it will soon establish a coconut processing factory in Badagry to further optimise the use of coconut … You will see how to process coconut and the items required for processing. Equipment and tools needed for coconut flour production2. Some of the coconut processing equipment distributed include stainless two ton per hour coconut grater, 7.5 H.P electric motor, industrial burners, aluminum bowls and spoons. She said, “I believe Nigeria produces over 350,000 tonnes of coconut annually, but it is far behind what the likes of Philippine, Malaysia, and other Asian countries are producing on an annual basis. Be number one coconut producer in Nigeria to inspect several moribund agro-ventures in the 21st Economy.! Asking if coconut business profits business is profitable in Nigeria as compared other... 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