Thread by @olusegunyemi

Hello guyz, we are so blessed in Nigeria that without focusing on Oil, Every of the Six geo political zones will do well economically and reduce the scourge of Unemployment. I dwelt on Castor seed farming in Nigeria last week. This week I will be talking about #Sesameseed

nairametrics.com/2018/07/27/ses…

@Nairametrics refer to the seed as “Black Gold” @nigerianstat even said it contributed a lot to our exports in recent time. pressreader.com/nigeria/busine…

I saw @Cokodeal tweet this evening and I told myself, #Sesameseed is really a Black Gold.

So, can we have people in the line of the business to give us information.@adunmed @MadedorVictoria @kunleeko @Kolafolorunsho @KdffarmsLtd @sarnchos

Nigeria eyes N300 billion from sesame export.

Nigerian farmers may earn over N300billion from the exportation of sesame seed to the global market this year, despite the coronavirus pandemic ravaging the world, it was learnt at the weekend.

As at last year, the country was the major supplier of sesame seed to the world’s largest importer, Japan and it is the country’s leading agricultural export.
A member of National Sesame Seed Association of Nigeria, Mr Salisu Uthman told The Nation in Lagos

that the country could generate about $1 billion yearly from the white and black sesame seeds if the farmers are encouraged by the government that the country could generate about $1 billion yearly from the white and black sesame seeds if the farmers are encouraged by the govt.

How do we increase the Value on #Sesameseed ?
But a maritime export analyst, Mr Andrew Adesana, frowned at the fact that the crops were exported in unprocessed form which creates a loss in value addition.

Although he projected that the country has the potential of earning over N300 billion from the exportation of sesame seed this year, he, however, berated the way the farmers are handling the precious commodity.

“Most farmers still need to be tutored on how to handle most of the export.Our farmers only remove the back of the cashew and sell the nuts raw.This is poor compared to England &Vietnam where it is processed before the products are sold to other international markets,” he said.

According to him, it is a very good source of vegetable oil that contains no cholesterol, making it the most demanded vegetable oil in the world and could be used in pharmaceuticals, confectionery, cosmetics &many industries for paints, soaps, lubricants&shampoos, among others.

“Sesame seeds contain 50.5 per cent oil and 25per cent protein,” he said.
It was gathered that the country has capacity to export 500,000 tons of the seed valued at N398.2billion as the seed production is being

supported by the Central bank of Nigeria’s (CBN’s) anchor borrower in Taraba, Jigawa, Nassarawa and Benue states.

Asian countries hold the topmost position in terms of biggest importer of sesame seeds, followed by North America and Europe.
Already, Asian &African countries have gained positive traction because of the emerging trend of using sesame seed-based seasonings, marinades and sauces.

Across the globe, there are over 4.8 million tons of the seeds produced yearly, with Myanmar being its largest producer. Nigeria is the second largest African producer, behind Sudan and ranked seventh in the world.
thenationonlineng.net/nigeria-eyes-n…

So, as we go into the week, just know that when this Pandemic is over, not all jobs will be restored.

So, no reason for you to think too much, just go into Agribusiness. Slow and steady. We will build a stronger nation.

Have a wonderful week ahead.

@threadreaderapp unroll

Follow up reading on Sesame.

Sesame Seeds - A Diamond In The Rough
proshareng.com/news/COMMODITI…

If you want to start Sesame sef farm. Reach out to people who are currently into it .

I got this piece of information for you too. ABC of Sesame seeds : startuptipsdaily.com/sesame-seeds-f…

Good night all.