Tuesday, September 22, 2015

DREDGING AND SAND STOCK PILLING IN NIGERIA; THE FEASIBILITY REPORT.

It is widely agreed that one of the most basic needs of man is shelter and in time past man has experienced with different material in order to meet with his housing needs. In modern day history, the use of cement along with sand and gravel as come to be accepted as one of the best construction raw material because they provide durability, firmness and can withstand harsh weather conditions though other materials like steel and glass are also used.

The ever increasing deficit in housing supply in Nigeria which is estimated at over sixteen million {16,000,000} units and the need for the construction of other important infrastructure if the country is to meet up with the vision 20:2020 project of becoming amongst the top 20 economies in the world by 2020 continues to drive the need to sand, an essential construction raw material and the need for the use of modern equipment in the production of sand, in order to meet with demands.

Dredging is simply digging of mud, sand, gravel, pebbles, rocks and other deposit from the bottom of the creek, lagoon sand waterways using a vessel equipped for such purpose called a ‘DREDGER’’, such dug up materials depending on the type could be used for reclamation of swampy terrain, building and construction works.

Sharps sand and gravel can be mine using a dredger to reclaim vast expanse of swampy land and stock piled for sales. Sand dredging is vital for human habit and survival, industrial and social development, and for meeting the consumption need of our rapidly growing population.

Sand is a naturally occurring granular material composed of finely divided rock and mineral particles. The composition of sand is highly variable, depending on the local rock sources and conditions, but the most common constituent of sand in inland continental settings and non-tropical coastal settings is silica (silicon dioxide, or SiO2), usually in the form of quartz.

Though there are no reliable figures on the annual production in Nigeria, it is generally agreed that there has been an increased in production in order to meet up with increasing demands .In Nigeria and mostly in the oil and gas industry where they are used to make waterways more navigatable, Dredgers are required in commercial sand production.

Dredging activities produces lots of sand which are required in construction and other important activities. A dredge is a device for scraping or sucking the seabed, used for dredging. A dredger is a ship or boat equipped with a dredge.

This report seeks to examine the financial viability of establishing a dredging company in Nigeria with dredger Size 20 “ x 18 ” Ellicot Dredger, production of 6000 Cubic / day. 

Report Details:

Report Type: Pre- Feasibility Report

Formats of Delivery: PDF / MS WORD

No. of Pages: 39 Pages ( Text Part) / 6 Pages (Financial Part)

Publisher: Foraminifera Market Research

Release Date: 30/08/2015

Language: English

Delivery time: 24– 48hours

Table of Contents:

EXECUTIVE SUMMARY

1.0 Business Overview

1.1 Description of the Business
1.2 Vision and Mission Statement
1.3 Business Objective
1.4 Critical Success Factor of the Business
1.5 Current Status of Business
1.6 Description of the Business Industry
1.7 Contribution to Local and National Economy

2. Marketing Plan

2.1 Description of product
2.2 Product Packaging and delivery
2.3 The Opportunity
2.4 Pricing Strategy
2.5 Target Market
2.6 Distribution and Delivery Strategy
2.7 Promotional Strategy
2.8 Competition

3. Production Plan

3.1 Description of the Location
3.2 Raw Materials
3.3 Production Equipment
3.4 Production Process
3.5 Production Cost
3.6 Stock Control Process
3.7 Pre-Operating activities and expenses
3.7.1 Operating Activities and Expenses
3.8 Project Implementation Schedule

4.0 Organizational and Management Plan

4.1 Ownership of the business
4.2 Profile of the promoters
4.3 Key Management Staff
4.3.2 Management Support Units
4.4 Details of salary schedule


5. Financial Plan

5.1 Financial Assumption
5.2 Start up Capital Estimation
5.3 Source of Capital
5.4 Security of Loan
5.5 Loan Repayment Plan
5.6 Profit and Loss Account
5.7 Cash Flow Analysis
5.7 Viability Analysis

6.0 Business Risk and mitigation factor

6.1 Business Risks
6.2 SWOT Analysis


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