How
do you become a player in sesame seed business without having millions in your
account? Is it even possible? Ofcourse it is very possible to start from
nothing and grow into millions even billions in the sesame seed value chain
business. These are the four most vital requirements that are needed to be a
player in this business.
1.
Passion
2.
Working
knowledge
3.
Phone
4.
Bank
account
It
is passion that first of all drive you
in this business you need to be passionate to learn about the business.
The working knowledge in this business depends on which level you want to enter
the business. You can’t do this business without communication, so you phone connects
the bridge between your suppliers, the farmers, and other stakeholders in the
business. The bank account is for your transactions and to keep your millions.
Sesame
seed is the second most sought after cash crop in Nigeria after cocoa,
Nigeria is the second largest producer of sesame seed in Africa, and ranking
seventh in the World. Other African countries also producer sesame seeds
are Chad, Sudan, Ethiopia, Niger, mail, Kenya and Burkina Faso.
Sesame seed is highly valued for its
oil which has a very low level of
cholesterol. The oil is used in production and as a preservative in canned sardine, margarine, corned
beef and soap. It is also used in the pharmaceutical and cosmetic industries.
Sesame seed comes in four colour namely clear white, brown, gold and black.
Ninety percentage of sesame seed
produced in Nigeria is exported out to different countries. However we could
add more value to sesame seed apart from cleaning and exporting if as an
investor extract oil from seed which sells more in the international market and
the chaff used for animal feeds or as a raw material for another industrial
used.
Sesame seed is produced in Benue,
Taraba, Kebbi, Kano, Bauchi, Kogi, Plateau, Adamawa, Kwara, Cross-River,
Ebonyi, Niger, Gombe, Katsina, Yobe, Bomo and Nassarawa States.
To make money from the sesame seed
you could decide to source for the product from any state that farms it. It means that you
could decide to talk to the farmers to gather their stock for you and you pay
once you see their stocks.
Secondly you could also decide to
visit the cleaning mill and arrange for a buyer from there and you get commission. For example if you get over to
the milling and sesame is selling for N260,000 a ton if sell to your suppliers for N265,000 a ton you
will make a N150,000 in one trailer load of 30tons, so if you can load 10 trailers
in one month that is N1,500,000 in a month.
If you have the resources or you can
leverage on relationship you can supply to your buyers directly in lagos and you make over N10,000 to N20,000 per ton thereby
making N300,000 to N600,000 per trailer.
Since the world is a global village
you could connect with international buyer around the world through the
internet and export directly without going to sell in lagos.
This might be your blue print to
success
for more details call 07034706326 or email iniobong4solution@gmail.com