Nigeria
a country blessed with diverse climatic and soil condition for the production
of different agricultural produce, is the leading producer of irish potato in
Sub-Saharan Africa with plateau state producing about 200,000 MT of Irish
potatoes annually.
Potato
{Solanum tuberosum L.} belongs to the tuber crops and there are two main types
– Irish potato and sweet potato (Ipoema batata) which is raised through Vines,
whereas the former are raised through tubers.
Irish
potato was first introduced in Nigeria in the late 19th Century, through
missionary activities. Irish potato is one of Nigerian staple foods. It
requires cold water for its growth and hence is chiefly grown on and around
Jos, Plateau State and other areas in Benue and Kaduna States. It is a very
rich source of starch and it has a high calorific value.
Potato
is a starchy, tuberous crop from the perennial Solanum tuberosum of the
Solanaceae family. The word potato may refer to the plant itself as well as the
edible tuber.
Despite
being first introduced outside the Andes region four centuries ago, today
potatoes have become an integral part of much of the world's cuisine and are
the world's fourth-largest food crop, following rice, wheat, and maize.
The
main producing state in Nigeria is plateau state where about 90% of the
nation’s production is domiciled and where an altitude ranging from 1200-1400 m
above sea level and summer temperatures that rarely exceeds 35 degrees makes
for a climate well suited for potato production.
Apart
from Plateau state, potato is also be grown on the Obudu highlands in Cross
River State, Mambilla Plateau in Taraba State and Biu Plateau in Borno State.
During the cold harmattan months of November – February, potato can also be
grown in about eleven Northern States, such as Borno, Yobe, Zamfara, Bauchi,
Katsina, Kano, Gombe, Jigawa, Sokoto, Kaduna and Kebbi under irrigation.
This
report examines the financial viability of establishing a frozen potato chips
{French Fries} processing and packaging plant in Nigeria.
Report Details:
Report Type: Pre- Feasibility Report
Formats of Delivery: PDF / MS WORD
No. of Pages: 39 Pages ( Text Part) / 6 Pages (Financial 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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