Dried Hibiscus Flower Export Business

A hibiscus flower is an ornamental plant with great medicinal properties that he

lps reduce blood pressure, control cholesterol and other health challenges when
used correctly.
There are more that 300 species of hibiscus flower found worldwide but in Nigeri
a, the red Hibiscus flower is very common.
Hibiscus flower plant is grown more by farmers in the northern part of Nigeria a
nd it is usually from late December /early January.
When dried, the red Hibiscus flower popularily called Zobo leaves is used to pro
duce a popular health drink/tea called Zobo in Nigeria.
the Hibiscus flower is a very lucrative export business that can be exported to
Europe, America and the Asian market.
Foreign buyers in these countries need Dried Hibiscus flower. it sells for $1500
to $2000 per ton in the international market.
Foreign buyers may request either FOB or CIF qoutes from suppliers.
To start exporting this goods, there is need to have a registered company with t
he Corporate Affairs Commission and also get the Export License from the Nigeria
Export Promotion Council.
SOURCE
Dried Hibiscus Flower of Nigeria origin has the following specifications:
Impuries- 0.7%
Total Ash- 10%
Appearance- Cleaned petals
Colour- Red
Moisture content- 12% maximum
The local market price from the dried hibiscus per MT ranges from N140, 000 to N
160, 000 to deliver to Lagos during the season.
It may be as high as N180, 000 when the season is over.
PROBLEM STATEMENT
1. How to contact foreign buyers of the Nigeria Dried Hibiscus flower
2. How to get them to sign the product export contract
3. How to contact local seller of cheap Dried Hibiscus flower in Nigeria
4. Method of payment recognized in export business
5. Export business documentation.
HOW TO OBTAIN THE EXPORT LICENSE
Before the start of export business in Nigeria, there is need to obtain a licenc
e from relevant government agencies saddled with the issuance of licence to exp
orters. Having the licence allows to legally carry out shipment of commodities a
pproved by government
There are two government agencies vested with the power to grant export licences
in Nigeria. they are The Nigeria Export promotion council (NPEC) and Federal Mi
nistry of Solid Materials development FMSMD.
NPEC is saddled with the responsibility of issuing export licences for agricultu
ral commodities and manufactured goods while the FMSMD is responsible for granti
ng licences for extraction and exportation in Nigeria.

BELOW ARE THE CONTACT INFORMATION OF THE GOVERNMENT AGENCIES

Nigeria Export promotion council (NPEC)
Head office- Export House, Kumba street, Wuse Zone 2, Abuja.
Zonal Office- no. 13/15 Oladipo Oluwole Street, Apapa, Lagos
Tel: 01- 5460027, 5872335
Federal Ministry of Solid Materials development FMSMD
Head office- Federal Secretariat building, 5th floor, PMB 107, Suleja. Abuja
NPEC REGISTRATION REQUIREMENT
Duly registered Limited Liability company certificate copy
Application form N1000
Registration fee N10, 000
Period of registration- 1week minimum