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DRY WHOLE GINGER EXPORT IN NIGERIA; NON-OIL EXPORT OPPORTUNITY IN NIGERIA.

Ginger is rhizomous species widely cultivated as cash crop in Nigeria especially in southern Kaduna. Ginger rhizomes is highly valued in industries where it is used as spice in continent, preservation, in pharmaceutical, confectioners and soft drink concentration , locally, ginger rhizome is used in ethomediaries, in preparation of ginger drink and in seasoning griued meat (suya) as well as some local drinks like Kunu.

The production of ginger (zingiber officinal roscae) in Nigeria started since 1927. It is a tropical monocotyledons herbaceous perennial plant (purse leaves, 1975) with leafy shoots and grows to a height of 30-100 rain fall, depending on cultivars and growing environment. Between 1960 and 1986, Nigeria exported a total of 56,224,519. Tones of ginger valued at 618,812 dollars to European and northern America countries.

The product is at the centre of the contract because that is what the buyer wants and they need it in certain Quality /Quantity which ultimately affects the price. For the purpose of this write-up, the international standard specification of ginger is given below

Moisture content: 6-9% max

Oil content: 1-2%

Impurities: 0-2%max

To obtain an export license, you need to register a limited liability company with the corporate affairs commission (CAC).

Then the following documents will be submitted to the Nigerian export promotion council.

1. A duly completed export license application form obtained from the Nigerian Export Promotion Council.

2. Copy of certificate of incorporation

3. Memorandum and articles of association

4. Certified true copy of Form C.A.C 7 and C.A.C 2

The return on investment on the export of ginger is estimated between 10%- 15%.

Packaging is usually in 50/80/100 KG PP bags.

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At Foraminifera Market Research (www.foramfera.com), we provide bespoke and up to date market research reports. 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 dry whole ginger in Nigeria by clicking on the link below.

Report Title: DRY SPLIT GINGER EXPORT IN NIGERIA; THE FEASIBILITY REPORT.

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