Sunday, November 21, 2010

SOURCING OF AUTOMATED GAS OIL {AGO} FOR THE NIGERIAN MARKET.

From June, 2013 Foraminifera Market Research would start publishing our E- magazine. The magazine would focus on investment and business opportunity in Nigeria. Be the first to get hot investment and business opportunities in Nigeria by subscribing to our E- Magazine, Investing in Nigeria.

SOFT COPY SUBSCRIPTION

Annual subscription x 12 issues

Never miss another issue of Investing in Nigeria magazine. Get an Annual Subscription and get Investing in Nigeria magazine delivered direct to your E- Mail Address every month!

You would also have 12 months access to over 50 market intelligence reports on our website.
N5, 000 for 12 issues
Euro 25 for 12 issues
$32 for 12 issues

Subscribe Now!

For more on our subscription and membership package, please do visit http://www.foramfera.com/index.php/membership-zone

SOURCING OF AUTOMATED GAS OIL {AGO} FOR THE NIGERIAN MARKET.

Foraminifera, a business development firm in the petroleum sector of the Nigeria economy, hereby express our desire to work with end sellers of NNPC standard grade of automated gas oil {AGO}, in the sourcing and sales of the product from our network of reliable buyers in Nigeria in order to remove the difficulty associated with the business.

Below is our standard procedure for a successful completion of a transaction.

Product: NNPC Standard Grade of AGO

Mode of Transaction: Tanker to Tanker {TTT}

Price: The price would be a reflection of the prevalent price and would be quoted in naira, the official legal tender in Nigeria.

Quantity: 5000 to 50,000 MT

Payment: BG, reinstated either per shipment or monthly. BG cannot be divisible and transferable.

Commission: Buyer strongly discourages fees that the total is greater than N 3. Buyer strongly discourages more than two groups; sellers’ side and buyers’ side and the fee should be 50/ 50.

Procedure {TTT}:

1. Seller signs SPA

2. Buyer signs SPA

3. Buyer sends CPA, Q88 and ATL

4. Seller’s vessel master sends NOR to the buyer’s vessel master

5. Buyers issues a BANK GUARANTEE {BG} to the seller for the payment of the product

6. Buyers vessel master send ETA to the sellers vessel master

7. Both vessels meet for trans-shipment. Transfer of product takes place and the total time required for the entire cargo to the transferred shall not exceed eight {8} days.

8. Buyer undertakes Q and Q inspection during transfer

9. Documentation formalities completed by buyers’ vessel master including Q and Q inspection. Shipping and Q and Q documents are faxed and sent to the buyer and his bank.

10. Seller provides invoice based on actual quantity transferred. Buyer’s bank upon confirmation and verification of shipping documents send payments by swift wire transfer to sellers and paymasters banking account as stated in the SPA.

Get our market intelligence report on the following related topics by clicking on any of the titles below

1. MARKET REPORT ON THE INVESTMENT OPPORTUNITIES IN THE DOWNSTREAM SECTOR OF THE OIL AND GAS INDUSTRY IN NIGERIA.

2. INVESTMENT OPPORTUNITY IN MARINE SUPPORT SERVICES IN THE PETROLEUM SECTOR.

3. ESTABLISHING A MODULAR REFINERY IN NIGERIA 

4. HOW TO SECURE AND EXECUTE LOCAL PURCHASE ORDER {LPO} FOR THE SUPPLY OF REFINED PETROLEUM PRODUCTS.

At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for start-ups and those already in business.

Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies. 

Do you require one- on- one consultancy on the subject matter? Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}
Mobile Number: +234 {0} 8033782777 {Monday – Saturday; 8 am – 6 pm}

E-Mail Address: enquiries@foramfera.com
 
Office Address: 

61-65 Egbe- Isolo Road,
Iyana Ejigbo Shopping Arcade,
Block C, Suit 39,
Iyana Ejigbo Bus Stop,
Ejigbo, Lagos.

Like and Follow us on 



HUMAN DEVELOPMENT PROGRAMMES AND TRAINING OPPORTUNITY IN NIGERIA

Our human development training programmes are designed to assist our client set-up their respective business on a sound footing.

The training cuts across different segment of the economy to include Agriculture, Export and Import, Food and Beverage, Manufacturing, Mining and Quarry, Oil and Gas, Retail Industry, Telecommunication, Tourism and Transportation and are facilitated by seasoned professionals in their respective fields.

Please do visit the link below to access available training programmes

Foraminifera Market Research is a dynamic market intelligence company providing comprehensive market research solutions and strategic intelligence services to start-ups and existing businesses in Nigeria.

We prepare business plan, feasibility study and market report for the small and medium scale industries and develop the entrepreneurial capacity of our client with the aim of providing the much needed business data in Nigeria.

In keeping with our vision of providing services that adds value to our clients business and resources to develop their business into a strong and visible global brand, we would like to introduce to you to our sister websites

www.nigeriaoilandgasportal.com {The one stop for the oil and gas industry in Nigeria}
www.marketreportportal.com {Marketing and Sales of Market Intelligence Report}
www.nigeriabusinessplace.com {Online Business Forum}

SOURCING OF PREMIUM MOTOR SPIRIT {PMS} FOR THE NIGERIAN MARKET.

From June, 2013 Foraminifera Market Research would start publishing our E- magazine. The magazine would focus on investment and business opportunity in Nigeria. Be the first to get hot investment and business opportunities in Nigeria by subscribing to our E- Magazine, Investing in Nigeria.

SOFT COPY SUBSCRIPTION

Annual subscription x 12 issues

Never miss another issue of Investing in Nigeria magazine. Get an Annual Subscription and get Investing in Nigeria magazine delivered direct to your E- Mail Address every month!

You would also have 12 months access to over 50 market intelligence reports on our website.
N5, 000 for 12 issues
Euro 25 for 12 issues
$32 for 12 issues

Subscribe Now!

For more on our subscription and membership package, please do visit http://www.foramfera.com/index.php/membership-zone

SOURCING OF PREMIUM MOTOR SPIRIT {PMS} FOR THE NIGERIAN MARKET.
 
Foraminifera Market Research, a business development firm in the petroleum sector of the Nigeria economy, hereby express our desire to work with end sellers of NNPC standard grade of Premium Motor Spirit {PMS}, in the sourcing and sales of the product from our network of reliable buyers in Nigeria in order to remove the difficulty associated with the business


Please do contact us if you can supply the product.

Get our market intelligence report on the following related topic by clicking on any of the titles below

1. MARKET REPORT ON THE INVESTMENT OPPORTUNITIES IN THE DOWNSTREAM SECTOR OF THE OIL AND GAS INDUSTRY IN NIGERIA.

2. INVESTMENT OPPORTUNITY IN MARINE SUPPORT SERVICES IN THE PETROLEUM SECTOR.

3. ESTABLISHING A MODULAR REFINERY IN NIGERIA 

4. HOW TO SECURE AND EXECUTE LOCAL PURCHASE ORDER {LPO} FOR THE SUPPLY OF REFINED PETROLEUM PRODUCTS.

 At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for start-ups and those already in business.


Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies. 

Do you require one- on- one consultancy on the subject matter? Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}
Mobile Number: +234 {0} 8033782777 {Monday – Saturday; 8 am – 6 pm}

E-Mail Address: enquiries@foramfera.com
 
Office Address: 

61-65 Egbe- Isolo Road,
Iyana Ejigbo Shopping Arcade,
Block C, Suit 39,
Iyana Ejigbo Bus Stop,
Ejigbo, Lagos.

Like and Follow us on 



HUMAN DEVELOPMENT PROGRAMMES AND TRAINING OPPORTUNITY IN NIGERIA

Our human development training programmes are designed to assist our client set-up their respective business on a sound footing.

The training cuts across different segment of the economy to include Agriculture, Export and Import, Food and Beverage, Manufacturing, Mining and Quarry, Oil and Gas, Retail Industry, Telecommunication, Tourism and Transportation and are facilitated by seasoned professionals in their respective fields.

Please do visit the link below to access available training programmes

Foraminifera Market Research is a dynamic market intelligence company providing comprehensive market research solutions and strategic intelligence services to start-ups and existing businesses in Nigeria.

We prepare business plan, feasibility study and market report for the small and medium scale industries and develop the entrepreneurial capacity of our client with the aim of providing the much needed business data in Nigeria.

In keeping with our vision of providing services that adds value to our clients business and resources to develop their business into a strong and visible global brand, we would like to introduce to you to our sister websites

www.nigeriaoilandgasportal.com {The one stop for the oil and gas industry in Nigeria}
www.marketreportportal.com {Marketing and Sales of Market Intelligence Report}
www.nigeriabusinessplace.com {Online Business Forum}

SOURCING OF DUAL PURPOSE KEROSENE {DPK} FOR THE NIGERIAN MARKET.

From June, 2013 Foraminifera Market Research would start publishing our E- magazine. The magazine would focus on investment and business opportunity in Nigeria. Be the first to get hot investment and business opportunities in Nigeria by subscribing to our E- Magazine, Investing in Nigeria.

SOFT COPY SUBSCRIPTION

Annual subscription x 12 issues

Never miss another issue of Investing in Nigeria magazine. Get an Annual Subscription and get Investing in Nigeria magazine delivered direct to your E- Mail Address every month!

You would also have 12 months access to over 50 market intelligence reports on our website.
N5, 000 for 12 issues
Euro 25 for 12 issues
$32 for 12 issues

Subscribe Now!

For more on our subscription and membership package, please do visit http://www.foramfera.com/index.php/membership-zone

SOURCING OF DUAL PURPOSE KEROSENE {DPK} FOR THE NIGERIAN MARKET.

Foraminifera, a business development firm in the petroleum sector of the Nigeria economy, hereby express our desire to work with end sellers of NNPC standard grade of Dual Purpose Kerosene {DPK}, in the sourcing and sales of the product from our network of reliable buyers in Nigeria in order to remove the difficulty associated with the business.

Below is our standard procedure for a successful completion of a transaction.

Product: NNPC Standard Grade of DPK

Mode of Transaction: Tanker to Tanker {TTT}

Price: The price would be a reflection of the prevalent price and would be quoted in naira, the official legal tender in Nigeria.

Quantity: 5000 to 50,000 MT

Payment: BG, reinstated either per shipment or monthly. BG cannot be divisible and transferable.

Commission: Buyer strongly discourages fees that the total is greater than N 3. Buyer strongly discourages more than two groups; sellers’ side and buyers’ side and the fee should be 50/ 50.

Procedure {TTT}:

1. Seller signs SPA

2. Buyer signs SPA

3. Buyer sends CPA, Q88 and ATL

4. Seller’s vessel master sends NOR to the buyer’s vessel master

5. Buyers issues a BANK GUARANTEE {BG} to the seller for the payment of the product

6. Buyers vessel master send ETA to the sellers vessel master

7. Both vessels meet for trans-shipment. Transfer of product takes place and the total time required for the entire cargo to the transferred shall not exceed eight {8} days.

8. Buyer undertakes Q and Q inspection during transfer

9. Documentation formalities completed by buyers’ vessel master including Q and Q inspection. Shipping and Q and Q documents are faxed and sent to the buyer and his bank.

10. Seller provides invoice based on actual quantity transferred. Buyer’s bank upon confirmation and verification of shipping documents send payments by swift wire transfer to sellers and paymasters banking account as stated in the SPA.

Get our market intelligence report on the following related topics by clicking on any of the titles below

1. MARKET REPORT ON THE INVESTMENT OPPORTUNITIES IN THE DOWNSTREAM SECTOR OF THE OIL AND GAS INDUSTRY IN NIGERIA.

2. INVESTMENT OPPORTUNITY IN MARINE SUPPORT SERVICES IN THE PETROLEUM SECTOR.

3. ESTABLISHING A MODULAR REFINERY IN NIGERIA 

4. HOW TO SECURE AND EXECUTE LOCAL PURCHASE ORDER {LPO} FOR THE SUPPLY OF REFINED PETROLEUM PRODUCTS.

At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for start-ups and those already in business.

Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies. 

Do you require one- on- one consultancy on the subject matter? Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}
Mobile Number: +234 {0} 8033782777 {Monday – Saturday; 8 am – 6 pm}

E-Mail Address: enquiries@foramfera.com
 
Office Address: 

61-65 Egbe- Isolo Road,
Iyana Ejigbo Shopping Arcade,
Block C, Suit 39,
Iyana Ejigbo Bus Stop,
Ejigbo, Lagos.

Like and Follow us on 



HUMAN DEVELOPMENT PROGRAMMES AND TRAINING OPPORTUNITY IN NIGERIA

Our human development training programmes are designed to assist our client set-up their respective business on a sound footing.

The training cuts across different segment of the economy to include Agriculture, Export and Import, Food and Beverage, Manufacturing, Mining and Quarry, Oil and Gas, Retail Industry, Telecommunication, Tourism and Transportation and are facilitated by seasoned professionals in their respective fields.

Please do visit the link below to access available training programmes

Foraminifera Market Research is a dynamic market intelligence company providing comprehensive market research solutions and strategic intelligence services to start-ups and existing businesses in Nigeria.

We prepare business plan, feasibility study and market report for the small and medium scale industries and develop the entrepreneurial capacity of our client with the aim of providing the much needed business data in Nigeria.

In keeping with our vision of providing services that adds value to our clients business and resources to develop their business into a strong and visible global brand, we would like to introduce to you to our sister websites

www.nigeriaoilandgasportal.com {The one stop for the oil and gas industry in Nigeria}
www.marketreportportal.com {Marketing and Sales of Market Intelligence Report}
www.nigeriabusinessplace.com {Online Business Forum}

Saturday, November 20, 2010

SOURCING FOR FORCADOS LIGHT CRUDE OIL FROM NIGERIA

From June, 2013 Foraminifera Market Research would start publishing our E- magazine. The magazine would focus on investment and business opportunity in Nigeria. Be the first to get hot investment and business opportunities in Nigeria by subscribing to our E- Magazine, Investing in Nigeria.

SOFT COPY SUBSCRIPTION

Annual subscription x 12 issues

Never miss another issue of Investing in Nigeria magazine. Get an Annual Subscription and get Investing in Nigeria magazine delivered direct to your E- Mail Address every month!

You would also have 12 months access to over 50 market intelligence reports on our website.
N5, 000 for 12 issues
Euro 25 for 12 issues
$32 for 12 issues

Subscribe Now!

For more on our subscription and membership package, please do visit http://www.foramfera.com/index.php/membership-zone

SOURCING FOR FORCADOS LIGHT CRUDE OIL FROM NIGERIA

Foraminifera, a business development firm in the petroleum sector of the Nigeria economy, hereby express our desire to work with end buyers of Nigerians Forcados light crude oil, in the sourcing and sales of the product through reliable sellers in order to remove the difficulty associated with the business.

Below is our standard procedure for a successful completion of the transaction.

Product: Standard Export Grade Nigerian Forcados Light Crude Oil {FLCO}

Trade Model: Tanker to Tanker {TTT} / Tanker Take Over {TTO}

Price: A reflection of the prevalent price. It is in dollars or naira, the official legal tender in Nigeria.

Payment: DLC, reinstated either per shipment or monthly. DLC cannot be divisible. DLC can be transferable one time only, if the transferee is specified, with banking, in the SPA.

Commission: Buyer strongly discourages fees that the total is greater than $2. Buyer strongly discourages more than two groups; sellers’ side and buyers’ side and the fee should be 50/ 50.

Procedure {TTT}:

1. Seller signs SPA

2. Buyer signs SPA

3. Buyer sends CPA, Q88 and ATL

4. Seller’s vessel master sends NOR to the buyer’s vessel master

5. Buyers issues a DLC to the seller for the payment of the product

6. Buyers vessel master send ETA to the sellers vessel master

7. Both vessels meet for trans-shipment. Transfer of crude takes place and the total time required for the entire cargo to the transferred shall not exceed eight {8} days.

8. Buyer undertakes Q and Q inspection during transfer

9. Documentation formalities completed by buyers’ vessel master including Q and Q inspection. Shipping and Q and Q documents are faxed and sent to the buyer and his bank.

10. Seller provides invoice based on actual barrels transferred. Buyer’s bank upon confirmation and verification of shipping documents send payments by swift wire transfer to sellers and paymasters banking account as stated in the SPA.

Procedure {TTO}:

1. Seller signs SPA

2. Buyer signs SPA with ATB and supercargo details

3. Seller issues ATB

4. Buyer conducts Q and Q

5. Buyer issues a DLC to the seller for the payment of the product

6. Documentation formalities for the re-chartering of the vessel is completed. Shipping and Q and Q documents are faxed and sent to the buyer and his bank.

7. Seller provides invoice based on the Q and Q. Buyer’s bank upon confirmation and verification of shipping documents send payments by swift wire transfer to sellers and paymasters banking account as stated in the SPA.



Get our market intelligence report on the following related topics by clicking on any of the titles below

1. MARKET REPORT ON THE INVESTMENT OPPORTUNITIES IN THE DOWNSTREAM SECTOR OF THE OIL AND GAS INDUSTRY IN NIGERIA.

2. INVESTMENT OPPORTUNITY IN MARINE SUPPORT SERVICES IN THE PETROLEUM SECTOR.

3. ESTABLISHING A MODULAR REFINERY IN NIGERIA 

4.HOW TO SECURE AND EXECUTE LOCAL PURCHASE ORDER {LPO} FOR THE SUPPLY OF REFINED PETROLEUM PRODUCTS.

At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for start-ups and those already in business.

Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies. 

Do you require one- on- one consultancy on the subject matter? Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}
Mobile Number: +234 {0} 8033782777 {Monday – Saturday; 8 am – 6 pm}

E-Mail Address: enquiries@foramfera.com
 
Office Address: 

61-65 Egbe- Isolo Road,
Iyana Ejigbo Shopping Arcade,
Block C, Suit 39,
Iyana Ejigbo Bus Stop,
Ejigbo, Lagos.

Like and Follow us on 



HUMAN DEVELOPMENT PROGRAMMES AND TRAINING OPPORTUNITY IN NIGERIA

Our human development training programmes are designed to assist our client set-up their respective business on a sound footing.

The training cuts across different segment of the economy to include Agriculture, Export and Import, Food and Beverage, Manufacturing, Mining and Quarry, Oil and Gas, Retail Industry, Telecommunication, Tourism and Transportation and are facilitated by seasoned professionals in their respective fields.

Please do visit the link below to access available training programmes

Foraminifera Market Research is a dynamic market intelligence company providing comprehensive market research solutions and strategic intelligence services to start-ups and existing businesses in Nigeria.

We prepare business plan, feasibility study and market report for the small and medium scale industries and develop the entrepreneurial capacity of our client with the aim of providing the much needed business data in Nigeria.

In keeping with our vision of providing services that adds value to our clients business and resources to develop their business into a strong and visible global brand, we would like to introduce to you to our sister websites

www.nigeriaoilandgasportal.com {The one stop for the oil and gas industry in Nigeria}
www.marketreportportal.com {Marketing and Sales of Market Intelligence Report}
www.nigeriabusinessplace.com {Online Business Forum}

SOURCING FOR BONNY LIGHT CRUDE OIL FROM NIGERIA

From June, 2013 Foraminifera Market Research would start publishing our E- magazine. The magazine would focus on investment and business opportunity in Nigeria. Be the first to get hot investment and business opportunities in Nigeria by subscribing to our E- Magazine, Investing in Nigeria.

SOFT COPY SUBSCRIPTION

Annual subscription x 12 issues

Never miss another issue of Investing in Nigeria magazine. Get an Annual Subscription and get Investing in Nigeria magazine delivered direct to your E- Mail Address every month!

You would also have 12 months access to over 50 market intelligence reports on our website.
N5, 000 for 12 issues
Euro 25 for 12 issues
$32 for 12 issues

Subscribe Now!

For more on our subscription and membership package, please do visit http://www.foramfera.com/index.php/membership-zone

SOURCING FOR BONNY LIGHT CRUDE OIL FROM NIGERIA

Foraminifera, a business development firm in the petroleum sector of the Nigeria economy, hereby express our desire to work with end buyers of Nigerians bonny light crude oil, in the sourcing and sales of the product through reliable sellers in order to remove the difficulty associated with the business.

Below is our standard procedure for a successful completion of the transaction.

Product: Standard Export Grade Nigerian Bonny Light Crude Oil {BLCO}

Trade Model: Tanker to Tanker {TTT} / Tanker Take Over {TTO}

Price: A reflection of the prevalent price. It is in dollars or naira, the official legal tender in Nigeria.

Payment: DLC, reinstated either per shipment or monthly. DLC cannot be divisible. DLC can be transferable one time only, if the transferee is specified, with banking, in the SPA.

Commission: Buyer strongly discourages fees that the total is greater than $2. Buyer strongly discourages more than two groups; sellers’ side and buyers’ side and the fee should be 50/ 50.

Procedure {TTT}:

1. Seller signs SPA

2. Buyer signs SPA

3. Buyer sends CPA,Q88 and ATL

4. Seller’s vessel master sends NOR to the buyer’s vessel master

5. Buyers issues a DLC to the seller for the payment of the product

6. Buyers vessel master send ETA to the sellers vessel master

7. Both vessels meet for trans-shipment. Transfer of crude takes place and the total time required for the entire cargo to the transferred shall not exceed eight {8} days.

8. Buyer undertakes Q and Q inspection during transfer

9. Documentation formalities completed by buyers’ vessel master including Q and Q inspection. Shipping and Q and Q documents are faxed and sent to the buyer and his bank.

10. Seller provides invoice based on actual barrels transferred. Buyer’s bank upon confirmation and verification of shipping documents send payments by swift wire transfer to sellers and paymasters banking account as stated in the SPA.

Procedure {TTO}:

1. Seller signs SPA

2. Buyer signs SPA with ATB and supercargo details

3. Seller issues ATB

4. Buyer conducts Q and Q

5. Buyer issues a DLC to the seller for the payment of the product

6. Documentation formalities for the re-chartering of the vessel is completed. Shipping and Q and Q documents are faxed and sent to the buyer and his bank.

7. Seller provides invoice based on the Q and Q. Buyer’s bank upon confirmation and verification of shipping documents send payments by swift wire transfer to sellers and paymasters banking account as stated in the SPA.

Get our market intelligence report on the following related topics by clicking on any of the titles below

1. MARKET REPORT ON THE INVESTMENT OPPORTUNITIES IN THE DOWNSTREAM SECTOR OF THE OIL AND GAS INDUSTRY IN NIGERIA.

2. INVESTMENT OPPORTUNITY IN MARINE SUPPORT SERVICES IN THE PETROLEUM SECTOR.

3. ESTABLISHING A MODULAR REFINERY IN NIGERIA 

4. HOW TO SECURE AND EXECUTE LOCAL PURCHASE ORDER {LPO} FOR THE SUPPLY OF REFINED PETROLEUM PRODUCTS.

At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for start-ups and those already in business.

Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies. 

Do you require one- on- one consultancy on the subject matter? Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}
Mobile Number: +234 {0} 8033782777 {Monday – Saturday; 8 am – 6 pm}

E-Mail Address: enquiries@foramfera.com
 
Office Address: 

61-65 Egbe- Isolo Road,
Iyana Ejigbo Shopping Arcade,
Block C, Suit 39,
Iyana Ejigbo Bus Stop,
Ejigbo, Lagos.

Like and Follow us on 



HUMAN DEVELOPMENT PROGRAMMES AND TRAINING OPPORTUNITY IN NIGERIA

Our human development training programmes are designed to assist our client set-up their respective business on a sound footing.

The training cuts across different segment of the economy to include Agriculture, Export and Import, Food and Beverage, Manufacturing, Mining and Quarry, Oil and Gas, Retail Industry, Telecommunication, Tourism and Transportation and are facilitated by seasoned professionals in their respective fields.

Please do visit the link below to access available training programmes

Foraminifera Market Research is a dynamic market intelligence company providing comprehensive market research solutions and strategic intelligence services to start-ups and existing businesses in Nigeria.

We prepare business plan, feasibility study and market report for the small and medium scale industries and develop the entrepreneurial capacity of our client with the aim of providing the much needed business data in Nigeria.

In keeping with our vision of providing services that adds value to our clients business and resources to develop their business into a strong and visible global brand, we would like to introduce to you to our sister websites

www.nigeriaoilandgasportal.com {The one stop for the oil and gas industry in Nigeria}
www.marketreportportal.com {Marketing and Sales of Market Intelligence Report}
www.nigeriabusinessplace.com {Online Business Forum}

Saturday, November 13, 2010

SESAME SEED EXPORT IN NIGERIA: THE OPPORTUNITIES.

From June, 2013 Foraminifera Market Research would start publishing our E- magazine. The magazine would focus on investment and business opportunity in Nigeria. Be the first to get hot investment and business opportunities in Nigeria by subscribing to our E- Magazine, Investing in Nigeria.

SOFT COPY SUBSCRIPTION

Annual subscription x 12 issues

Never miss another issue of Investing in Nigeria magazine. Get an Annual Subscription and get Investing in Nigeria magazine delivered direct to your E- Mail Address every month!

You would also have 12 months access to over 50 market intelligence reports on our website.
N5, 000 for 12 issues
Euro 25 for 12 issues
$32 for 12 issues

Subscribe Now!

For more on our subscription and membership package, please do visit http://www.foramfera.com/index.php/membership-zone

SESAME SEED EXPORT IN NIGERIA: THE OPPORTUNITIES.

During the 2004-2005 cropping season, Nigeria realized the sum of one hundred and fifty million {$150,000,000} dollars from the export of sesame seed. Sesame seed now ranks second only after cocoa in terms of value and volume of crop export. It is been estimated that about seven hundred and fifty million {$750,000,000} dollars would be realized from the export of the product in the next three {3} to four {4} years.

Sesame (Sesamum indicum) is a flowering plant in the genus Sesamum. Numerous wild relatives occur in Africa and a smaller number in India. It is widely naturalized in tropical regions around the world and is cultivated for its edible seeds, which grow in pods. They are also cultivated because of the edible oil extractable from the seeds.

Sesame seed is one of the oil bearing seeds produced in Nigeria and due to its odour, chemical composition, colour and taste; it is usually the preferred choice of edible oil.

Nigeria currently ranks second in the Africa and seventh in the world producing about 120,000 metric ton of the product annually. Sesame seed also known as beni-seed is produced in the following states of Nigeria Benue,Taraba, Cross – River, Yobe, Borno, Plateau, Bauchi ,Kebbi, Kano, Adamawa ,Gombe, Nigeria, Ebonyi, Katsina and Nassarawa with Nassarawa being the largest producer.

Two main varieties of sesame seed are produced in Nigeria namely the white and the black variety and both are widely accepted in the international market. The price is dependent on the quality. After harvesting, the seeds are cleaned and hulled. The seeds are sieved to remove any foreign material. After these, the seed passes through a combination of water and friction work in order to separate the hull from the seeds. These dust-free dehulled seeds are usually 99.97% pure.

The specification of the is
Purity: 99% min,
Moisture: 7% max,
Impurity: 1%,
Oil Content: 50% min
FFA: 2% max

Packaging is usually in 50 Kg though the buyer could request it to be packaged in 40/80/100 Kg and since the price is quoted in Metric tons, 1000/KG makes 1 ton. This helps in easy containerization of the goods since most shipping company prefer to carry 20 tons in 20 feet container. A twenty {20} feet container would contain eighteen {18} tons of the product.

The international price currently goes for about $1200 FOB, Apapa port, Lagos.

Some of the cost to consider in the export of sesame seed is cost of material and packaging, transportation, insurance, documentation, NESS fee etc.


To continue reading this article and other investment opportunities in Nigeria, please do click on the link below

SESAME SEED EXPORT IN NIGERIA: THE OPPORTUNITIES.


Do you know you can access to over 50 market intelligence reports and our monthly E- Magazine for 12 months for just N 5,000?
 
Click on the link below to know more about this offer.

Can you supply sesame seed from Nigeria and you are seeking for export contract? Then use our business process outsourcing service. Contact us with the details given below with the subject line as SESAME SEED EXPORT IN NIGERIA: SESAME SEED EXPORT CONTRACT.

At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for beginners and exporters already in the commodity export market.

Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies. 

You can order our detailed feasibility report on the export of sesame seed in Nigeria by clicking on the link below.

Report Code: FORA/08/2011/05

Do you require one- on- one training on the subject matter? Contact us with any of the details provided below to arrange a meeting

Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}
Mobile Number: +234 {0} 8033782777 {Monday – Saturday; 8 am – 6 pm}

E-Mail Address: enquiries@foramfera.com

Office Address: 

61-65 Egbe- Isolo Road,
Iyana Ejigbo Shopping Arcade,
Block C, Suit 39,
Iyana Ejigbo Bus Stop,
Ejigbo, Lagos.

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HUMAN DEVELOPMENT PROGRAMMES AND TRAINING OPPORTUNITY IN NIGERIA

Our human development training programmes are designed to assist our client set-up their respective business on a sound footing.

The training cuts across different segment of the economy to include Agriculture, Export and Import, Food and Beverage, Manufacturing, Mining and Quarry, Oil and Gas, Retail Industry, Telecommunication, Tourism and Transportation and are facilitated by seasoned professionals in their respective fields.

Please do visit the link below to access available training programmes
Foraminifera Market Research is a dynamic market intelligence company providing comprehensive market research solutions and strategic intelligence services to start-ups and existing businesses in Nigeria.

We prepare business plan, feasibility study and market report for the small and medium scale industries and develop the entrepreneurial capacity of our client with the aim of providing the much needed business data in Nigeria.

In keeping with our vision of providing services that adds value to our clients business and resources to develop their business into a strong and visible global brand, we would like to introduce to you to our sister websites

www.nigeriaoilandgasportal.com { The one stop for the oil and gas industry in Nigeria}
www.marketreportportal.com { Marketing and Sales of Market Intelligence Report}
www.nigeriabusinessplace.com {Online Business Forum}