Making money from African honey bee

You can indeed make good money from keeping and farming African honey bees.

Introduction: product/market

Apart from honey there are other derivatives from bee, viz: bee wax, propolice and bee venom.

Use of products

Medicinal cough syrup, bee wax candle, bee wax based on products obtainable from processed honey. In modern agriculture, bees pollinate crops such as mangoes, avocadoes, apple cucumbers, water melon, carrots and cabbages among other plants. These, if added to the revenue accruable to the farmer from honey and other derivates, speak volumes of the enterprise. From field reports, there is practical demonstration and evidence that when beekeeping or apiary is combined with plantation farming, there is about 80% reduction in flower abortion and crop yield has increased to about 200%. This has made the use of chemical to control flower abortion unnecessary.

Honey is used for a variety of things: as a drug and in medicines such as expectorants, as beverage and as sweeteners for those who abstain from sugar consumption. It is used to preserve the living and the dead, eaten in various forms by the living and used to embalm the dead.

In an organized system of apiary, the farmer in an area can increase his/her yield via avoidance of flower abortion by renting bees from other farmers for the purpose of pollination.

Profit

There is unlimited market within the country and abroad for processed honey. Two Israelis who visited Nigeria recently reveled as follows: David Gertial said: “You have the most ideal conditions for bee-keeping either as a hobby or as a commercial venture”. His reasons are based on this premise: there are abundant flowers, fantastic weather, two high seasons (when you can harvest honey) and Nigeria is free from every known malady of bee-keeping worldwide, which Nigerians can exploit.

Another Israeli – Ami Maimise said that bee venom, a derivative of honey alone, sells for about $10,000 per gram. Gertial added that he alone produces between 600 and 700kg of bee wax every year. Bee wax is used for making cosmetics and candles. Gertial said further that he has about 700 beehives and that honey brings over $10m to his country from the activities of apiary operators in his country; his government realizes over $10m as taxes from apiary operators in his country. That is, in the desert land of Israel. On the home front, it is not difficult to establish and sustain an apiary since the farmer does not have to be around all the time. The investor could embrace this proposal as subsistence, commercial or industrial operator.

Technical aspect

Apiary involves attracting bees with appropriate technology and feeding them to yield the various products.

Investment

Status      Capital    Net           Annual

Income

(N)            (N)

Pilot                          700m        3.2m

Commercial             1.5m         11.3m

Industrial                  5m            35m

 

 

 

Courtesy: S.E.C Eleke, 08033560525, E-mail: [email protected].