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FORTIFIED {VITAMIN A} GARRI PRODUCTION IN NIGERIA; INVESTMENT OPPORTUNITY IN NIGERIA.
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.
These coupled with the geometrically exploding population continues to fuel the demand for well packaged and ready to use food products in Nigeria.
Garri is a creamy-white, granular flour with a slightly fermented flavour and a slightly sour taste made from fermented, gelatinized fresh cassava tubers. Garri is widely known in Nigeria and other West African countries. Garri constitutes a daily meal to some 150 million people worldwide.
It is most widely eaten as Eba. Eba is made by sprinkling Garri into a bowl or pot of boiling water and stirred until dough of Garri is formed. Eba is served with different soups. In combination, this constitutes a very balanced diet.
By fortifying the product, we would be adding a very important supplement, Vitamin A, which is lacking in Garri.
The relevant machinery and equipment, all of which are locally available is stainless dispenser, mixer and sealing machine
The market for fortified Garri is national. With a population of over 165 million people and an estimated national population growth rate of 5.7% per annum ,an average economic growth rate of 3.5% per annum in the past five {5} years, Nigeria has a large, expanding and sustainable market for fortified Garri.
Garri, a product gotten from the processing of cassava tubers is a very important staple food item in Nigeria. It is one of the food items that defy socio-economic class, religious and ethnic boundaries, it is doubtful if it is not eaten daily in one of every two homes in the country.
However in recent times due to the numerous products {Cassava Chip, Cassava pellets, Starch} that can gotten from Cassava tubers ,the production of Garri in Nigeria has witnessed a reduction in volume thereby prompting a shift in the demand-supply equilibrium in favour of Garri producers.
The supply gap has been identified to continue to expand as the population of the country which is estimated to be 165 Million continues to grow at 3.5% per annum. Also the rural – urban drift in the country would help to deepen the market for Garri which is estimated at over N 28 billion annually in Nigeria.
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HUMAN DEVELOPMENT PROGRAMMES AND TRAINING OPPORTUNITY IN NIGERIA
Our human development training programmes are designed to assist our client set-up their respective business on a sound footing.
The training cuts across different segment of the economy to include Agriculture, Export and Import, Food and Beverage, Manufacturing, Mining and Quarry, Oil and Gas, Retail Industry, Telecommunication, Tourism and Transportation and are facilitated by seasoned professionals in their respective fields.
Please do visit the link below to access available training programmes
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We prepare business plan, feasibility study and market report for the small and medium scale industries and develop the entrepreneurial capacity of our client with the aim of providing the much needed business data in Nigeria.
In keeping with our vision of providing services that adds value to our clients business and resources to develop their business into a strong and visible global brand, we would like to introduce to you to our sister websites
www.nigeriaoilandgasportal.com {The one stop for the oil and gas industry in Nigeria}
www.nigeriabusinessplace.com {Online Business Forum}
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