Nigerian
agriculture is characterized by considerable regional and crop diversity. Analysis of this sector, particularly the
food sub-sector, is fraught with serious data problems. However, the available statistics provide a
broad overview of development in agriculture upon which we can make some broad
generalizations about its role in economic development and structural change in
Nigeria.
In the 1960s, the
agricultural sector was the most important in terms of contributions to
domestic production, employment and foreign exchange earnings. The situation remained almost the same three
decades later with the exception that it is no longer the principal foreign
exchange earner, a role now being played by oil.
The sector
remained stagnant during the oil boom decade of the 1970s, and this accounted
largely for the declining share of its contributions. The trend in the share of agriculture in the
GDP shows a substantial variation and long-term decline from 60% in the early
1960s through 48.8% in the 1970s and 22.2% in the 1980s. Unstable and often
inappropriate economic policies (of pricing, trade and exchange rate), the
relative neglect of the sector and the negative impact of oil boom were also
important factors responsible for the decline in its contributions.
On its diversity,
Nigerian agriculture features tree and food crops, forestry, livestock and
fisheries. In 1993 at 1984 constant
factor cost, crops (the major source of food) accounted for about 30% of the
Gross Domestic Products (GDP), livestock about 5%, forestry and wildlife about
1.3% and fisheries accounted 1.2%.
One of the food
crops grown in Nigeria is Maize. Nigeria has an annual maize production in
excess of 7 million metric tons and ranges as the ten largest producers in the
world and this feasibility report seeks to examine the financial viability or otherwise
of establishing corn {Maize}starch production in Nigeria using corn { maize} as basic raw material.
Report Details:
Report Type: Pre- Feasibility Report
Formats of Delivery: PDF / MS WORD
No. of Pages: 38 Pages
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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