Tuesday, September 22, 2015


Cassava is one of the most important root crops in Nigeria. Apart from being a staple crop in both rural and urban house-holds cassava is a major source of income to cassava farmers and processors in the rural areas.
Nigeria is currently the world leading producer of cassava, producing about forty million {40,000,000} Mt. per annum and cassava alone contributes about 5 % of agricultural GDP in Nigeria for food or domestic purposes but its industrial processing and utilization has been very limited.
Since the return to civil rule in 1999, Nigeria has witnessed steady but minimal growth of the middle class. These growths continues to drive the increasing social and health awareness of the need for hygienically well prepared foods required for good quality living standard of people.
This coupled with the geometrically exploding population and continued rural-urban drift continues to fuel the demand for food stuffs especially fufu, a staple food in the country.

Fufu Flour is fermented wet-paste made from cassava. Fufu is very rich in carbohydrate and has smooth texture. It is ranked next to gari as an indigenous food of most Nigerians in the south. Traditionally, it is produced in the wet form with moisture content of 40-50 per cent with a offensive characteristic odour. This makes the product highly perishable with a short shelf life compared with gari and lafun, which are in granular form with moisture content below 10 per cent.

In order to increase it shelf live, improved fufu production process has been developed. The improved production process is starts by peeling of roots, washing, cutting into pieces and steeping in water to ferment for 3–4 days. The fermented mash is pounded or simply washed over a fine sieve to remove fibre and the water expelled from the starch extract by pressing through muslin cloth to produce fufu.

This report is to examine the financial viability or otherwise of establishing fufu flour production plant in Nigeria with cassava tubers as the raw materials.

Report Details:

Report Type: Pre- Feasibility Report

Formats of Delivery: PDF / MS WORD

No. of Pages: 34 Pages

Publisher: Foraminifera Market Research

Release Date: 30/08/2015

Language: English

Delivery time: 24– 48hours

Table of Contents:


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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