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...
| Main Authors: | , , , , |
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| Format: | Article |
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Multidisciplinary Digital Publishing Institute
2022
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| Online Access: | http://psasir.upm.edu.my/id/eprint/103442/ |
| _version_ | 1848864020024524800 |
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| author | Kpalo, Sunday Yusuf Zainuddin, Mohamad Faiz Abd Manaf, Latifah Roslan, Ahmad Muhaimin Nik Ab Rahim, Nik Nor Rahimah |
| 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 |
| building | UPM Institutional Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-15T13:42:10Z |
| format | Article |
| id | upm-103442 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-15T13:42:10Z |
| publishDate | 2022 |
| publisher | Multidisciplinary Digital Publishing Institute |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-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 |
| 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 |
| title | 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_short | 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 |
| url | http://psasir.upm.edu.my/id/eprint/103442/ http://psasir.upm.edu.my/id/eprint/103442/ http://psasir.upm.edu.my/id/eprint/103442/ |