Wednesday, April 2, 2014

YAM EXPORT FROM 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 research 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

YAM EXPORT FROM NIGERIA; THE OPPORTUNITIES.

Yam {Dioscorea spp.} is an important food crop especially in the yam zone of West Africa. Although more than six hundred species of the tuber exist, only a few are important as staple food in the tropics. These include white yam (D. rotundata), yellow yam (D. Cayenensis), water yam (D. alata), trifoliate yam (D. dumetorum), aerial yam (D. bulbifera) and Chinese yam (D. esculenta).

West Africa accounts for 90-95% of world yam production with Nigeria the largest single producer. In 2004, global yam production was about 47 million metric tons (MT) with 96% of this coming from Africa.

Nigeria alone accounts for about 70 percent of world production .It is the second most important root/tuber crop in Africa with production reaching just under one third the level of cassava. 

Yam is produced in all the states of the federation though the product is produced more in Benue, Oyo and Nassarawa.

Some of the other yam producing states in Nigeria includes Sokoto, Abia, Anambra, Delta, Edo, Enugu, Ebonyi, Niger, Taraba, Osun and Plateau.

Mature yams are harvested at the end of the rainy season or early part of the dry season, which coincides with the end of vegetative growth. Yams for long-term storage (for marketing or seed) are usually harvested during the harmattan period (Dec-Jan) in many parts of southeastern Nigeria when the crops have attained maximum growth and maturity.

Apart from serving as food, it has a lot of industrial uses. It is used in production of all-purpose-adhesives. The adhesives are used by producers of cartons, packaging companies and lather and shoe producers. The all-purpose adhesives is produced with yam or cassava starch.

Some industries particularly in Europe use yam flour in preparation of high quality biscuits, bread, cakes to mention but few. In Nigeria also, it is used in production of high quality bread and cakes.

The yam chips and pellets can also play the same function as cassava chips & pellets in production of livestock feeds. Yam Starch has a lot of industrial uses.

Nigeria is by far the world’s largest producer of yams, accounting for over 70–76 percent of the world production. According to the Food and Agricultural Organization report, in 1985, Nigeria produced 18.3 million tonnes of yam from 1.5 million hectares, representing 73.8 percent of total yam production in Africa. According to 2008 figures, yam production in Nigeria has nearly doubled since 1985, with Nigeria producing 35.017 million metric tonnes with value equivalent of US$5.654 billion.

Though there is not data on the demand for the commodity, the average consumption rate of yam and it bye-products in Nigeria is estimated at 0.5 - 1.0 kg daily. The demand for the commodity is expected to fuelled by the over 17 million Nigerians living outside the country.



Do you know you can access to over 50 market research 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.

http://www.foramfera.com/index.php/membership-zone



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.

You can order our detailed feasibility report on yam export from Nigeria by clicking on the link below.

Report Title: YAM EXPORT FROM NIGERIA; THE FEASIBILITY REPORT.

Report Code: FORA/YAMEXPORT/FMR/3453

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
CC: foraminiferamarketresearch@yahoo.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

Facebook: http://www.facebook.com/pages/Foraminifera-Market-Research/144471568901109?ref=hl
Twitter:  https://twitter.com/fmarketresearch

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
http://foramfera.com/index.php/human-development-programmes-and-training-opportunity-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.nigeriabusinessplace.com {Online Business Forum}

The details in this article is based on information from various sources that we believe are reliable; however no representation is made that it is accurate or complete. While reasonable care has been taken in preparing the articles, no responsibility or liability is accepted for errors of fact or for any opinion expressed herein. The articles are for information purposes only. 

Foraminifera Market Research accepts no liability whatsoever for any direct or consequential loss arising from any use of the articles or its contents. 

The articles are for private circulation only and may only be distributed freely in its entire form. Any other use without the prior express consent of Foraminifera Market Research is prohibited.