Tuesday, September 22, 2015


Phosphate rock refers to a mineral assemblage that occurs naturally with an exceptionally high concentration of phosphate minerals. Phosphate usually occurs as the mineral apatite, Ca5F(PO4)3 in igneous and metamorphic rocks. It may be derived from a number of sources but the most common is the one that contains high concentration of phosphates in nodular or compact masses.

The Nigerian phosphate rock deposits are sedimentary in origin. They occur mostly in granular, nodular and vesicular forms with an average weight percent of P205 varying from 34.5 to 36.25%, which compares favourably with the phosphate at Hahotos, Togo (36.6%).
Occurrences of phosphate rock are known in Sokoto, Abia, Cross Rivers, Kogi, Ondo and Ogun States. The deposits of phosphate beds in the Sokoto embayment represent southward extension of the deposits in Niger Republic.

The deposits are found in areas within the geological feature termed the Illummeden Basin.
Phosphate fertilizer and detergents are the major user industries of phosphate rock. Metal treatment, water treatment, pulp and paper, glass and ceramics, textiles, plastics, rubber, pharmaceuticals and cosmetics, petroleum production, toothpaste, paints, fuels, cells are other end-user industries of phosphate rock.

Since phosphates are produced in a few countries and are consumed in most, there is a large international trade in phosphate rock, phosphoric acid and phosphate fertilizer. Growth in fertilizer demand worldwide is expected to average annual 2.7% over the next few years, which will directly increase demand for phosphate rock. The Federal super-phosphate Company, Kaduna and the National Fertlizer Company, Port-Harcourt requires about 300,000 tonnes of phosphate rock per annum. Other areas of phosphate use are in Flame retarder/fire extinguisher production, food and beverage industries, dentistry etc. All these would also increase future demand.

This report seeks to examine the financial viability or otherwise of mining phosphate rock in Nigeria. 

Report Details:

Report Type: Pre- Feasibility Report

Formats of Delivery: PDF / MS WORD

No. of Pages: 42 Pages (Text Part) / 6 Pages ( Excel Part)

Publisher: Foraminifera Market Research

Release Date: 30/08/2015

Language: English

Delivery time: 24– 48hours

Table of Contents:


1. Business Overview

1.1 Description of the Business
1.2 Incentives / Government Policy
1.3 Obtaining a Mining Permit in Nigeria and Associated fees
1.4 Occurrence and Distribution of the mineral in Nigeria
1.4 Critical Success Factor of the Business
1.5 Description of the Business Industry
1.6 Contribution to Local and National Economy

2. Marketing Plan

2.1 Description of product
2.2 Location
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. Technical Analysis

3.1 Description of the Location
3.2 Raw Materials
3.3 Production Technology / 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
4.3.1 Strategic Business Units
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 Financial Projections

6.0 Business Risk and Mitigation Factor

6.1 Business Risks
6.2 SWOT Analysis

Are you interested in purchasing this report?

Pay N 100,000 into

Please do contact us for our banking details.

Before payment, please do call us on 01- 29 52 413 / 08033782777. After payment, text your e-mail address to 08033782777 or send us a mail with the scanned teller to admin@foramfera.com .

The soft copy of the report would be delivery to your e-mail address within 24- 48 hours of payment confirmation.

From June, 2013 Foraminifera Market Research would start publishing our E- magazine. The magazine would focus on investment and business opportunity in Nigeria. Be the first to get hot investment and business opportunities in Nigeria by subscribing to our E- Magazine, Investing in Nigeria.


Annual subscription x 12 issues

Never miss another issue of Investing in Nigeria magazine. Get an Annual Subscription and get Investing in Nigeria magazine delivered direct to your E- Mail Address every month!

You would also have 12 months access to over 50 market research reports on our website.
N5, 000 for 12 issues
Euro 25 for 12 issues
$32 for 12 issues

Subscribe Now!

For more on our subscription and membership package, please do visit http://www.foramfera.com/index.php/membership-zone