Post by Trade facilitator on Feb 9, 2011 4:15:34 GMT 1
Yam: There are different types of yam tubers such as water yam, cocoyam and yellow yam produced in Nigeria, but the ones needed for exports are the sweet and pound –able yam. The major states of the federation where yam tubers are being produced in large quantities and almost washed are Benue, Sokoto, Abia, Anambra, Delta, Edo, Enugu, Ebonyi, Niger, Taraba, Osun, Oyo and Plateau. The major export market for yam from West Africa include Europe (England in particular) and the United State of America. Yams are sold in pallets at the rate of USD 130-150 per pallet. (a pallet contains about 40 tubers and it weighs about 25kg each). Therefore, the export prize per tuber will be USD3.25 to USD3.75 (fob) Lagos. The local price
Per tuber ranges from NGN 100 NGN200. The return on investment is 61.4%.
Per tuber ranges from NGN 100 NGN200. The return on investment is 61.4%.
