Description

One major achievement of the present civilian administration in the past twelve (12) years has been the revival and growth of the non-oil export market in Nigeria. Non-oil export has recorded a tremendous increase of 112.4 % in nine years spanning 2001 to 2010 with annual average growth figure of 10.34 %.

Hardwood charcoal is one of the key export commodities in Nigeria. Though a viable business but the rate at which new entrant are coming into the business is increasing depleting the rate of return on investment in the sector hence the need to diversify to a product with less competition and good rate of return on investment.

Sawdust briquette is compressed sawdust and just like hardwood charcoal is used as fuel. It has a greater advantage over charcoal and firewood because it is smokeless and combusts for longer hours. The export market for sawdust is also large, sustainable and expanding.

The renewable energy industry is a multi-billion industry. It is large, sustainable and growing. It is estimated that the United Kingdom alone consumes more than 100,000 metric tons of sawdust briquette annually.

Sawdust briquette, a renewable fuel, has a seasonal market and the season differs from country to country due to difference in climatic conditions.

For countries like Holland, France, Germany, Denmark, Belgium and United Kingdom their sales season is from may through august because that is their summer time. In countries like Kuwait, Israel and some Asian countries, their order is all year round.