Is garri production in Nigeria profitable?
Garri packed as 500kg per bag, and at least you can sale 40 bags(2 ton) in one week, that’s to say, just one week, the profit you get at leaset are $586 (N211,802.5). It’s worth to say that garri is the staple food of Nigeria and many other cassava-growing countries in Africa.
How profitable is cassava processing business in Nigeria?
The average selling price of 1 tonne of raw cassava is N25,000. So, if you sell your raw cassava to the women who make garri and akpu, you’ll make N750,000 (30X25,000), which is a profit ofN400,000. This is actually not bad but you can make more!
How much is a ton of garri in Nigeria?
As at July and early August 2021, this product sold for more than ₦47,000 per 100 kg bag, this indicates that the market price of Garri is going down lately….Prices of Garri in Nigeria Today.
| Garri Type | Quantity | Current Price |
|---|---|---|
| White Garri | 100 kg | ₦34,000 |
| Yellow Garri | Per paint | ₦1,100 |
| White Garri | Per paint | ₦850 |
Is cassava Processing profitable?
The profitability analysis showed that cassava processing into garri (fried cassava granules), chips and fufu/akpu (cassava dough) are profitable, (t =23.55, 11.95, 12.37: P≤ 0.01). The result of the post-hoc of ANOVA shows that among the three cassava products studied, garri had the highest profit.
Is selling Garri profitable?
The Nigerian market shows that garri can be in the range of $600 to $800 / ton, and if people produce the higher quality of garri, they can sell it for a higher price. So the sale price about $600 / ton, the net profit is $230 / ton.
Which state produces the best Garri in Nigeria?
Benue is the top region by production of cassava in Nigeria.
How much does it cost to start a Garri processing business in Nigeria?
Capital needed to start Garri production You can start a large scale Garri processing business with just five hundred thousand naira and a piece of land.
How do I start Garri processing factory?
How to start a garri factory in Nigeria?
- The first is raw material. You should make sure adequate supply of fresh cassava tubers.
- The second is buying land for starting a garri processing factory.
- Last but not least, you should purchase the garri machines involved in garri production.
Is cassava farming profitable in Nigeria?
Commercial cassava farming has been a very profitable farming venture for Nigerian farmers. Cassava tubers which is in very high demand is the raw material for producing ‘garri’ which is a staple food for the Nigerians. Cassava farming venture is known for its low input- high output nature.
How many bags of garri can a ton of cassava produce?
Under normal circumstances, if you make garri by garri processing equipment in DOING company, nearly 4 tons of cassava can produce 1 ton of garri. So 1 ton of fresh cassava can produce more than 250kg garri, if your bags is 50kg, you will get more than 5 bags of garri.
How can I start cassava processing business in Nigeria?
How to start cassava processing business?
- Determine your final product.
- Learn about the market.
- Set up an area for cassava processing.
- Obtain the necessary permissions and the licenses.
- Buy the equipment.
- Decide your source of raw material.
- Promote your business.
- Find protential buyers to sell your products.