Nigeria is a country richly endowed with agricultural products of varying importance. It is an agrarian society with over 90 per cent gross domestic product constituent made of agricultural export in the late 1970’s before the advent of crude oil. The current clarion call making waves in the country for citizens to return to agriculture has been given a boost by the federal government’s determination and pronouncement to make tax the major government revenue earner from the year 2009. Lagos state government has recently started implementing its own tax policies by openly demanding tax payment receipts from traders in the open market and defaulters’ shops and stalls locked up by tax officials. This is a signal for any discerning Nigerian of tax paying age to go back to land and engage in one agricultural business or the other to earn decent income, pay his/her tax, and live a decent life rather than remaining, unemployed, and suffering in abject poverty. One of such agricultural businesses profitable enough for you to engage in is the processing of dried split ginger for export.
A good percentage of ginger produced in Nigeria is exported. It is one of those commodities available in commercial quantity, several tons readily available for export during its harvest season. Ginger from Nigeria is no doubt one of the best in the world and it is well sought after.
It is used for flavoring tea or coffee, spice in cooking, for the making of ginger bread, ginger biscuits, ginger beer etc. it also has some interesting medical uses too. Ginger has been used to help digestion and treat stomach upset, diarrhea and nausea for more than 2,000 years. Ginger Has also been used to help treat arthritis, colic and heart conditions. So there’s enough reason for both local foreign demand of ginger.
Some of the countries who import ginger are United Kingdom, Spain, Netherlands,
Germany, France, Saudi Arabia, USA etc.
Ginger can be found in commercial quantity in six states namely- Kaduna, Nasarawa, Niger ,Gombe and Benue. Of these six states Kaduna is the major producer.
The SWOT analysis showed that the opportunities of the business outweigh the challenges and was concluded that dried split ginger export idea is healthy and feasible in Nigeria.
A good percentage of ginger produced in Nigeria is exported. It is one of those commodities available in commercial quantity, several tons readily available for export during its harvest season. Ginger from Nigeria is no doubt one of the best in the world and it is well sought after.
It is used for flavoring tea or coffee, spice in cooking, for the making of ginger bread, ginger biscuits, ginger beer etc. it also has some interesting medical uses too. Ginger has been used to help digestion and treat stomach upset, diarrhea and nausea for more than 2,000 years. Ginger Has also been used to help treat arthritis, colic and heart conditions. So there’s enough reason for both local foreign demand of ginger.
Some of the countries who import ginger are United Kingdom, Spain, Netherlands,
Germany, France, Saudi Arabia, USA etc.
Ginger can be found in commercial quantity in six states namely- Kaduna, Nasarawa, Niger ,Gombe and Benue. Of these six states Kaduna is the major producer.
The SWOT analysis showed that the opportunities of the business outweigh the challenges and was concluded that dried split ginger export idea is healthy and feasible in Nigeria.
1.0 Project Brief
1.1 Proposed Business Legal Status
1.2 Opportunity Rationale
1.3 Proposed Capacity
2.0 Market
2.1 Demand for Ginger in the International Market
2.2 Target Market
2.3 Pricing 2.3.1 Local Price of Commodity
2.3.2 International Price of Commodity
2.4 Raw Materials
3.0 Dried Split Ginger Specification
3.1 Packaging
3.2 Measurement
3.3 Small Scale Exporters
4.0 Export Documentation
4.1 Pre-Export Documentation
4.2 Post-Export Documentation (Exchange Control Documents)
5.0 Pre-Operating Activities and Expenses
5.1 Operating Activities and Expenses
6.0 INCOTERMS in International Trade
7.0 Securing an Export Contract
8.0 Critical Success Factors of the Business
8.1 SWOT Analysis
9.0 Risk
10.0 Cost & Profitability Analysis
1.1 Proposed Business Legal Status
1.2 Opportunity Rationale
1.3 Proposed Capacity
2.0 Market
2.1 Demand for Ginger in the International Market
2.2 Target Market
2.3 Pricing 2.3.1 Local Price of Commodity
2.3.2 International Price of Commodity
2.4 Raw Materials
3.0 Dried Split Ginger Specification
3.1 Packaging
3.2 Measurement
3.3 Small Scale Exporters
4.0 Export Documentation
4.1 Pre-Export Documentation
4.2 Post-Export Documentation (Exchange Control Documents)
5.0 Pre-Operating Activities and Expenses
5.1 Operating Activities and Expenses
6.0 INCOTERMS in International Trade
7.0 Securing an Export Contract
8.0 Critical Success Factors of the Business
8.1 SWOT Analysis
9.0 Risk
10.0 Cost & Profitability Analysis
$ 50 (N60,000)
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