Hence the reason why not many farmers are into this very lucrative business. Nigeria Castor Seeds Directory provides list of Made in Nigeria Castor Seeds Products supplied by reliable Nigeria Castor Seeds Manufacturers, Traders and Companies. Your email address will not be published. And due to overstocking done … India is said to be the world’s largest producer of castor seed and meets most of the global demand for castor oil. He further explained: “Labour to be determined by self, pesticides will cost N12,000, seedlings N25,000, which the total is N37,000. Nigeria imports over N30 billion worth of castor oil every year despite having arable and fertile land, and climatic Good luck. The African Castor Acres Foundation promotes the specific knowledge of castor seed farming and castor seed oil processing in Nigeria and West Africa. All rights reserved. I have seen some of them looking for whom or where to sell their castor seeds and rake millions, alas no one is ready to buy and if they eventually see, it may be at a ridiculous price. You planned to market your organisation but you got it wrong.How on earth can you spend more than #150k on Castor planting for an hectare? Its seed is the castor bean, which, despite its name, is not a true bean. The highest I have gotten is 500kg n the highest I have heard is 800kg in Nigeria. Castor seed is the source of castor oil, which has a wide variety of uses. I will like to meet someone for proper mentoring. It only needs four rains or watering to survive and that makes you a silent millionaire because people don’t even know it when they see it. Some sell 1 litre of oil for 2000naira, Please add me Emeka 08065124429 Thank you. Best Castor Seed Professionals in Nigeria. Castor seed is a multipurpose bean seed, (ricinus communis) which is poisonous at its first stage there is no limit to the works and wonders of castor order for undiluted raw castor oil and seed at affordable price (490/tonne... Lagos State, Ikeja, NOV 8 – Feeds, Supplements & Seeds 3 Our value proposition is to drive youth empowerment through agricultural development and technology. Nigeria imports over N30 billion worth of castor oil every year despite having arable and fertile land, and climatic conditions suitable for its farming. Nigeria Castor Seeds Directory provides list of Made in Nigeria Castor Seeds Products supplied by reliable Nigeria Castor Seeds Manufacturers, Traders and Companies. FEATURED Castor Seed news Castor Seed Price Move Up Gradually in Coming Weeks. India is said to be the world’s largest producer of castor seed and meets most of the global demand for castor oil. Speaking on the economic benefits, a farmer and consultant with Monrole Global, Mr. Akin Famuyiwa, said, “the money in castor is even more in production of its oil. Nigeria is still importing about #26 billion worth of castor oil yearly as at 2017. Castor oil is a basic ingredient in the production of nylon 11, jet engine lubricants, nylon 610, heavy duty automotive greases, coatings and inks, surfactants, polyurethanes, polishes, flypapers, and many other chemical derivatives and medicinal, pharmaceutical and cosmetic derivatives. The world consumption of castor oil is very high. Nairaland - Copyright © 2005 - 2020 Oluwaseun Osewa. Required fields are marked *. It is absolutely impossible you get 3 tonnes in an hectare. All these industries need castor oil presently imported from India and China. Currently, the price per ton for castor seed is pegged at 180,000. • To place Nigeria and Africa in the world map of major producers and exporters of castor seeds and oil. The current consumption of castor oil and its derivatives in the domestic market is estimated at about 300,000 tonnes. A lot of juicy talks about castor farming has been circulating the internet for some time now and trust Nigerians they have gone into it without carrying out proper due diligence, and as a result they get their fingers burnt losing their money. Despite the small number of farmers growing castor seeds in the South-South and the South-East, … Connect with the right business. India is said to be the world’s largest producer of castor seed and meets most of the global demand for castor oil. Seed Treatment in Castor Cultivation:-It is recommended to treat the seeds with Carbendazim @ 2 grams/kg of seed for preventing seed borne diseases like root-rot and Alternaria blight.Soaking the seeds in water for 18 to 20 hours is advised. CASTOR SEEDS Details. Crude castor oil could be sold to electricity companies, textile industries, paint industries, aviation industries and pharmaceutical industries to mention few. Ricinus communis, the castor bean or castor oil plant, is a species of perennial flowering plant in the spurge family, Euphorbiaceae.It is the sole species in the monotypic genus, Ricinus, and subtribe, Ricininae.The evolution of castor and its relation to other species are currently being studied using modern genetic tools. We have arable land suitable for Castor seed farming. Let’s take advantage. Pharmaceutical industries need organic castor bean oil to produce painkillers. Castor Seed (Ricinus communis L.) is cultivated around the world because of the commercial importance of its oil. Contact Buyer. 2. BECOMING PART OF OUR CASTOR FARMING PROJECT. Please Help. 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castor seed in nigeria

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