How do you become a player in sesame seeds business without having millions in your account? Is it even possible? Of course it is very possible to start from nothing and grow into millions even billions in the sesame seeds value chain business. These are the four most vital requirements that are needed to be a player in this business.
2. Working knowledge
4. Bank account
It is passion that first of all drive you in this business you need to be passionate to learn about the business. The working knowledge in this business depends on which level you want to enter the business. You can’t do this business without communication, so you phone connects the bridge between your suppliers, the farmers, and other stakeholders in the business. The bank account is for your transactions and to keep your millions.
sesame seeds is the second most sought after cash crop in Nigeria after cocoa, Nigeria is the second largest producer of sesame seeds in Africa, and also ranking seventh in the World. Other African countries also producer sesame seeds are Chad, Sudan, Ethiopia, Niger, mail, Kenya and Burkina Faso.
Sesame seeds is also highly valued for its oil which has a very low level of cholesterol. The oil is used in production and as a preservative in canned sardine, margarine, corned beef and soap. It is also used in the pharmaceutical and cosmetic industries. Sesame seeds comes in four colour namely clear white, brown, gold and black.
Ninety percentage of sesame seed produced in Nigeria is exported out to different countries. However we could add more value to sesame seeds apart from cleaning and exporting if as an investor extract oil from seed which sells more in the international market and the chaff used for animal feeds or as a raw material for another industrial used.
Sesame seed is produced in Benue, Taraba, Kebbi, Kano, Bauchi, Kogi, Plateau, Adamawa, Kwara, Cross-River, and also in Ebonyi, Niger, Gombe, Katsina, Yobe, Bomo and Nassarawa States.
To make money from the sesame seed you could decide. To also source for the product from any state that farms it. It means that you could decide to talk to the farmers to gather their stock for you and you pay once you see their stocks.
Secondly you could also decide to visit the cleaning mill and. Arrange for a buyer from there and you get commission.