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Techno-economic viability assessment of a household scale agricultural residue composite Briquette project for rural communities in Nigeria

This study evaluated the technical and economic viability of a household scale composite briquette project. The objectives were to assess the quality of briquettes, estimate the cost of production, and determine the feasibility of the project. Briquettes were made from a blend of corncobs and the ba...

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Main Authors: Kpalo, Sunday Yusuf, Zainuddin, Mohamad Faiz, Abd Manaf, Latifah, Roslan, Ahmad Muhaimin, Nik Ab Rahim, Nik Nor Rahimah
Format: Article
Published: Multidisciplinary Digital Publishing Institute 2022
Online Access:http://psasir.upm.edu.my/id/eprint/103442/
https://www.mdpi.com/2071-1050/14/15/9399
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spelling my.upm.eprints.1034422023-06-07T07:12:27Z http://psasir.upm.edu.my/id/eprint/103442/ Techno-economic viability assessment of a household scale agricultural residue composite Briquette project for rural communities in Nigeria Kpalo, Sunday Yusuf Zainuddin, Mohamad Faiz Abd Manaf, Latifah Roslan, Ahmad Muhaimin Nik Ab Rahim, Nik Nor Rahimah This study evaluated the technical and economic viability of a household scale composite briquette project. The objectives were to assess the quality of briquettes, estimate the cost of production, and determine the feasibility of the project. Briquettes were made from a blend of corncobs and the bark of oil palm trunk using a manual press. Production cost was estimated from the market price of commodities and specific economic indicators were used for feasibility analysis. Sensitivity analysis was performed on some essential input parameters that may affect the profitability of the project. Economic analysis revealed that the unit production cost of the briquettes was USD 0.16 per kg. The net present value was USD 6755.91 from the sale of briquettes at USD 0.26 per kg. An accounting profit is possible once briquette sales are above the break-even point of 7329.8 kg. Households could save about 25% from their per-capita expenditure on fuelwood when briquettes are utilized. Overall, the household briquette project is technically and economically viable in Nigeria. The significance of this study lies in the provision of a piece of baseline information to encourage local bio-energy development and serve as a guide for stakeholders in Nigeria with a potential interest in investing in briquette technology. Multidisciplinary Digital Publishing Institute 2022 Article PeerReviewed Kpalo, Sunday Yusuf and Zainuddin, Mohamad Faiz and Abd Manaf, Latifah and Roslan, Ahmad Muhaimin and Nik Ab Rahim, Nik Nor Rahimah (2022) Techno-economic viability assessment of a household scale agricultural residue composite Briquette project for rural communities in Nigeria. Sustainability, 14 (15). art. no. 9399. pp. 1-19. ISSN 2071-1050 https://www.mdpi.com/2071-1050/14/15/9399 10.3390/su14159399
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
description This study evaluated the technical and economic viability of a household scale composite briquette project. The objectives were to assess the quality of briquettes, estimate the cost of production, and determine the feasibility of the project. Briquettes were made from a blend of corncobs and the bark of oil palm trunk using a manual press. Production cost was estimated from the market price of commodities and specific economic indicators were used for feasibility analysis. Sensitivity analysis was performed on some essential input parameters that may affect the profitability of the project. Economic analysis revealed that the unit production cost of the briquettes was USD 0.16 per kg. The net present value was USD 6755.91 from the sale of briquettes at USD 0.26 per kg. An accounting profit is possible once briquette sales are above the break-even point of 7329.8 kg. Households could save about 25% from their per-capita expenditure on fuelwood when briquettes are utilized. Overall, the household briquette project is technically and economically viable in Nigeria. The significance of this study lies in the provision of a piece of baseline information to encourage local bio-energy development and serve as a guide for stakeholders in Nigeria with a potential interest in investing in briquette technology.
format Article
author Kpalo, Sunday Yusuf
Zainuddin, Mohamad Faiz
Abd Manaf, Latifah
Roslan, Ahmad Muhaimin
Nik Ab Rahim, Nik Nor Rahimah
spellingShingle Kpalo, Sunday Yusuf
Zainuddin, Mohamad Faiz
Abd Manaf, Latifah
Roslan, Ahmad Muhaimin
Nik Ab Rahim, Nik Nor Rahimah
Techno-economic viability assessment of a household scale agricultural residue composite Briquette project for rural communities in Nigeria
author_facet Kpalo, Sunday Yusuf
Zainuddin, Mohamad Faiz
Abd Manaf, Latifah
Roslan, Ahmad Muhaimin
Nik Ab Rahim, Nik Nor Rahimah
author_sort Kpalo, Sunday Yusuf
title Techno-economic viability assessment of a household scale agricultural residue composite Briquette project for rural communities in Nigeria
title_short Techno-economic viability assessment of a household scale agricultural residue composite Briquette project for rural communities in Nigeria
title_full Techno-economic viability assessment of a household scale agricultural residue composite Briquette project for rural communities in Nigeria
title_fullStr Techno-economic viability assessment of a household scale agricultural residue composite Briquette project for rural communities in Nigeria
title_full_unstemmed Techno-economic viability assessment of a household scale agricultural residue composite Briquette project for rural communities in Nigeria
title_sort techno-economic viability assessment of a household scale agricultural residue composite briquette project for rural communities in nigeria
publisher Multidisciplinary Digital Publishing Institute
publishDate 2022
url http://psasir.upm.edu.my/id/eprint/103442/
https://www.mdpi.com/2071-1050/14/15/9399
_version_ 1769844463733047296
score 13.211869

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