At $8.99 (N3,24o) per bottle, the United States is the right place to establish your groundnut business.
A bottle of groundnut which typically sells between N400 and N600 across the country, is billed at $8.99 in CAYCE FOODS, a US store.
Groundnut is mainly grown in northernstates such as Kano, Kaduna, Taraba, Bauchi, Borno and Adamawa.
It is consumed as a snack and used in making oil for cooking.
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In the early 90s, groundnut pyramids were pyramid-like structures made from groundnut sacks.
Groundnuts were one of Nigeria’s biggest exports in the early sixties, but the pyramids began to fade after the discovery of oil.
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The Muhammadu Buhari-led administration is driving an agricultural revolution that seeks to export sundry crop to other parts of the world.
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