Nigeria is blessed with abundant
mineral resources, which are from time immemorial formed the backbone of the
nation’s economic and industrial development aspirations. Prior to
independence, the nation’s mineral raw material resources contributed immensely
to the export earnings of the nation.
For over three decades, the Country
has continued to depend entirely on oil for her revenue and the volatile nature
of the oil market has made it imperative for us to diversify the mono-product
economy through exploitation and processing of our abundant solid mineral
resources.
The clamour for resource control being advocated by states with
petroleum resources in their domain makes it imperative for us to develop,
exploit, process and utilize our solid minerals – particularly Non-metallic
Minerals as every part of this country is blessed with one or more solid
mineral that could yield substantial revenue for sustainable development.
Exploitation of the Non-metallic
Minerals has not attained the desired level, mainly because of the various
constraints associated with their exploitation, development and processing for
utilization. Many of the non-metallic minerals, which are vital to the
industrial take off of the country, have been found in commercial quantities
within the country.
They include limestone, dolomite, marble,
kaolin, barite, diatomite, feldspar, quartz and silica sands, gypsum, talc,
silimanite, kyanite, phosphate, salt and bentonite.
Limestone
is widespread in the sedimentary basins of Nigeria. It is used extensively in cement production,
as flux and refractory material, metallurgical applications etc.
Prominent reserve has been proved to exist all
over the country. The marble and dolomite deposits in Nigeria are often associated
with the meta-sediments such as schist, amphibolites complex and
metal-conglomerates. They are also used
as flux in steel making.
Limestone
deposits in different parts of Nigeria are in excess of 2 billion metric
tonnes. Investors have a very lucrative opportunity by taking advantage of
these deposits to set up cement factories in different parts of the country to
meet domestic demand and export to the sub-region.
This report seeks to examine the financial
viability or otherwise of mining limestone rocks 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:
EXECUTIVE SUMMARY
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
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