Biomass Briquette Production (Waste to Energy)

Convert agricultural waste (rice husks, sawdust, groundnut shells) into compressed fuel briquettes for cooking and industrial use. Briquettes are cheaper than charcoal, cleaner, and in growing demand.

Monthly Potential

₦5k–₦100k

Difficulty

Intermediate

Capital Needed

₦500,000

Income Period

Per Month

🧠 Skills You'll Need

Green Energy Manufacturing Export Briquette Press Machine Dryer Storage Shed Quality Testing Kit NEPC Export Registration

📍 Works Best In

Lagos Abuja Port Harcourt Nationwide

🚀 How to Get Started

1

Source agricultural waste for free or near-free from rice mills, saw mills, and groundnut processors
2

Buy a briquette press machine: hydraulic or mechanical (₦300k–₦1.5m depending on capacity)
3

Produce and test: proper compression ratio creates denser briquettes with longer burn time
4

Target: hotels, restaurants, caterers, bakeries, and industries looking to reduce fuel costs
5

Export: European and Middle Eastern markets pay premium for certified biomass fuel — explore with NEPC

🎓 Sign Up Free to Get Biomass Briquette Production (Waste to Energy) Course

💰 Ways to Fund This

National MSME Awards Grant (FG "Renewed Hope for MSMEs")

₦100,000–₦5,000,000

Grant

Registered or registering Nigerian MSME (CAC registration usually required or fast-tracked). Application windows open periodically, not year-round.

📊 Non-repayable grant — no interest, no repayment.

🌐 Apply

SMEDAN Programmes (free registration, training, grant windows)

₦0–₦3,000,000

Government Fund

Nigerian-owned micro or small business. Free CAC business name registration via the CAC-SMEDAN partnership is a common entry point.

📊 Varies by scheme — many components are free or grant-based; some link to subsidized loans.

🌐 Apply

NIRSAL Microfinance Bank — AGSMEIS (Agri-Business/SME Investment Scheme)

₦500,000–₦10,000,000

Microloan

Nigerian SME or agribusiness owner; must complete a NIRSAL-approved Entrepreneurship Development Institute (EDI) training and get a completion certificate before disbursement.

📊 9% per annum interest (non-interest/Sharia-compliant option also available) — well below commercial or fintech rates. Up to 18-month moratorium before repayment starts.

🌐 Apply

NIRSAL Microfinance Bank — Targeted Credit Facility (TCF)

₦50,000–₦25,000,000

Microloan

Nigerian household, micro-enterprise, or small business; originally COVID-era, has continued as a general SME/household facility — confirm current status before applying.

📊 5% per annum interest — among the cheapest business credit available in Nigeria.

🌐 Apply

⚠️ Informational only — not financial advice. Confirm current terms directly with each provider before applying, and borrow only what you can repay.