business opportunity seed oil seeds press oil in lagos

                                               
                                               
                                               
                                               
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  • Can Nigeria tap into a huge Sesame global market?
  • It has also affected the pricing of the two variants. Hence, for Nigeria to tap into the huge sesame global market, there is a need for both public and private sectors to engage in massive sesame production and processing; as well as creating an organized market structure for the value chain leveraging on prevailing government policies.‌
  • Does Nigeria Export sesame seeds to Japan?
  • Nigeria exports 70% of its sesame seed to Japan but according to FAO, sesame seed is imported into over 100 countries ( with particular emphasis on Asian countries), thus creating a vast and untapped market for Nigerian sesame seeds.‌
  • What is the potential for sesame cultivation in Nigeria?
  • The potential for sesame cultivation in Nigeria is very high as an estimated 3.5 million hectares of the country’s agricultural land are suitable for the production of a sesame seed.‌
  • What is oil extracted from sesame seed used for?
  • Oil extracts from sesame seed have a wide range of application; it is used for cooking, used in medicine for treating ulcer and burns, used in making aerosols and in manufacturing margarine. Also, low-grade oil is used locally in manufacturing soap paints, lubricants, and illuminants.‌
  • What is the yield per hectare of sesame seeds in Nigeria?
  • Despite increasing awareness and global demand for Sesame seeds, yield per hectare in Nigeria is 0.5 – 1.0 tonnes; this is small compared to 1.4–1.6 tonnes per hectare in China. This under-performance in yield is due to the knowledge gap and poor crop management practices adopted by small-holder farmers in Nigeria.‌
  • How much money can a Nigerian farmer make from sesame seed?
  • In 2010, Nigeria exported 140,850 metric tonnes of sesame seed grossing an income of $139,000,000, considering the fact that sesame cultivation in Nigeria is a smallholder affair, there is a huge potential for farmers, who know what they are doing to make a lot of money from investing in Sesame seed cultivation.