HOW TO GET AGRIC. LOAN IN NIGERIA

BANK OF AGRICULTURE (BOA) — HOW TO GET A LOAN OR FINANCING The Bank of Agriculture can fund businesses involved in agricultural production or agribusiness. See your finance options Tell us how much you want to borrow and SukFin will find the best lenders in Nigeria for you. GET FUNDING

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Soy biodiesel

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Soy biodiesel What is soy biodiesel? Biodiesel consists of mono alkyl esters produced from vegetable oils,animal or old cooking fats. Soy biodiesel is fuel alternative produced from soybean oil. Biodiesel contains no petroleum diesel, but it can be blended with petroleum diesel. Since the oil embargo of 1973 by the OPEC a lot of research was done on biodiesel in various universities and government agencies in the USA. Soy biodiesel can be used in diesel engines with little or no modifications. Soy biodiesel is made through a chemical process called transesterification whereby the glycerin is separated from the soybean oil. The process gives two products: methyl esters (the chemical name for biodiesel) and glycerin (used to make soap). Biodiesel is mainly produced and used in the USA. In 1999 about 0.5 million gallons was produced and this value increased to about 25 million gallons in 2003. Advantages of soy biodiesel As compared to normal diesel, soy biodiesel has following advantages...
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make money from cassava Flour

Flour At 33% capacity utilisation, the flour milling industry requires about 200,000mt of cassava flour per annum. This will require 200 plants of about 1000t capacity per year. This is a business opportunity for investors and agro processors. A 1000t per annum output plant is considered a small-scale plant. There are also higher capacity plants especially flash dryers that can be imported from Brazil and other countries. Nothing stops investors with means to put up large-scale plants (of 2000 to 10,000t/day). But there are obvious supply chain problems for very large-scale HQCF plants. For equity reasons small-scale plants of 1000t per annum may be more appropriate. There is local capacity for the development of small-scale plants in Nigeria using locally fabricated machinery. Machinery can also be imported. High quality cassava flour can also be produced at the micro level (i.e. 100t/year output). Following is an investment profile for both levels of investment with options for impo...
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Invest In Cassava In Africa: A Lucrative Business Opportunity Worldwide

Why Invest in Cassava? Cassava is renowned for its high yield per hectare, making it an attractive proposition for businesses aiming to maximize agricultural productivity. This drought-tolerant crop thrives in diverse climatic conditions across Africa, requiring minimal inputs compared to other staples like maize or wheat. Its versatility extends beyond food security, with industrial applications such as bioethanol production, that cater to growing global demands for sustainable energy sources.
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