Until
the late 1970’s when hydrocarbon was discovered in commercial quantity in
Oloibiri, present day Bayelsa state, Agriculture remained the mainstay of the
economy contributing over 90% of the Gross Domestic Product (GDP) of the
country as against the less than 40% it now contributes with crop production
accounting for an estimated 85%, livestock 10% and the balance made up by
fisheries and forestry.
Any
nation that requires economic development must look inwards to identify areas
where it has comparative advantage over other nations and seek to develop the
identified areas.
Apart
from hydrocarbon, Nigeria has comparative in the Agricultural sector where a
variety of products are produced due to the favorable climatic condition ,good
soil condition and the fact that over 70% of the entire land mass of the
country is arable.
Nigeria
has comparative advantage in the cultivation, processing and export of crude Shea
butter in Africa over her counterparts due to the large arable land available
for production and the conducive climatic condition.
Presently
Nigeria is the leading exporter of Shea nuts and butter in the world with a
total trade value estimated at $400,000.
Shea butter is a slightly yellowish or ivory colored natural fat
extracted from the seed of the African shea tree by crushing and boiling. It is
widely used in cosmetics as a moisturizer and salve. Shea nuts are
primarily grown in West and Central Africa in the semi-arid Sahel,
referred to by traders as the "Shea Belt".
Shea nut butter extraction
involves procurement of dried nuts from suppliers. The nuts are fed into the
machine to remove the fats. The fats are then collected and stored in
appropriate containers. The cake is also packed in bags ready for sale to the
feed millers.
Transaquila Internazionale
Nig ltd seek to take advantage
of the global Shea nut and butter market which is growing at about 3% annually,
in view of the fact that the local supply presently outstrips demand by
establishing a Shea nut butter extraction
plant.
The
production capacity of the proposed plant is ten {10} tons per day and it would
operate at 75% of the installed capacity operating double shift of nine {9}
hours each and processing 7.5 tons of shea nut per day.
Report Details:
Report Type: Pre- Feasibility Report
Formats of Delivery: PDF / MS WORD
No. of Pages: 44 Pages ( Text 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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