Cassava Flour Production in Nigeria The Feasibility Report.
Cassava is the most important root crop in Nigeria. Apart from being a staple crop in both rural and urban households cassava is a major source of income to cassava farmers and processors in the rural areas.
Cassava alone contributes about 45% of agricultural GDP in Nigeria for food or domestic purposes but its industrial processing and utilization has been very limited.
Currently, the country produces about 40,000,000 tonnes of the commodity and due to the desire of the federal government to reduce import dependency and conserve of scare foreign exchange, there is national programme aimed at increasing the production cassava flour to be substituted with wheat flour.
It has been established through research that High Quality Cassava Flour can be substituted or added in bakery, paperboard and plywood manufacturing activities.
The High Quality Cassava Flour {HQCF} industry in Nigeria is dominated by small scale with production capacity of less than 0.1 tons per day. The production plants are usually found all parts of Nigeria where the chief raw material, Cassava tubers, can be found.
Nigeria is the leading producer of cassava tubers in the world with an annual production of about 40,000,000 tonnes and at such sourcing for the raw materials would not be a challenge.
The demand for High Quality Cassava Flour {HQCF} in Nigeria is high. The driving force behind the demand is the federal government policy on cassava flour inclusion in wheat flour for cassava wheat composite flour production especially for bread and confectionery baking.
The annual national demand for High Quality Cassava Flour {HQCF} is estimated at 750,000 tonnes while the national supply estimate is about 50,000 tonnes. It is estimated that at 10% inclusion, the demand by flour millers is 550,000 tonnes.
High Quality Cassava Flour {HQCF} is also used in the paper board and plywood industries.
Cassava alone contributes about 45% of agricultural GDP in Nigeria for food or domestic purposes but its industrial processing and utilization has been very limited.
Currently, the country produces about 40,000,000 tonnes of the commodity and due to the desire of the federal government to reduce import dependency and conserve of scare foreign exchange, there is national programme aimed at increasing the production cassava flour to be substituted with wheat flour.
It has been established through research that High Quality Cassava Flour can be substituted or added in bakery, paperboard and plywood manufacturing activities.
The High Quality Cassava Flour {HQCF} industry in Nigeria is dominated by small scale with production capacity of less than 0.1 tons per day. The production plants are usually found all parts of Nigeria where the chief raw material, Cassava tubers, can be found.
Nigeria is the leading producer of cassava tubers in the world with an annual production of about 40,000,000 tonnes and at such sourcing for the raw materials would not be a challenge.
The demand for High Quality Cassava Flour {HQCF} in Nigeria is high. The driving force behind the demand is the federal government policy on cassava flour inclusion in wheat flour for cassava wheat composite flour production especially for bread and confectionery baking.
The annual national demand for High Quality Cassava Flour {HQCF} is estimated at 750,000 tonnes while the national supply estimate is about 50,000 tonnes. It is estimated that at 10% inclusion, the demand by flour millers is 550,000 tonnes.
High Quality Cassava Flour {HQCF} is also used in the paper board and plywood industries.
1. BUSINESS OVERVIEW
1.1 Description of the Business
1.2 Vision and Mission Statement
1.3 Business Objective
1.4 Value Proposition
1.5 Critical Success Factor of the Business
1.6 Current Status of Business
1.7 Description of the Business Industry
1.8 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 Milestones
4. 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
5.8 Viability Analysis
6. BUSINESS RISK AND MITIGATION FACTOR
6.1 Business Risks
6.2 SWOT Analysis
1.1 Description of the Business
1.2 Vision and Mission Statement
1.3 Business Objective
1.4 Value Proposition
1.5 Critical Success Factor of the Business
1.6 Current Status of Business
1.7 Description of the Business Industry
1.8 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 Milestones
4. 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
5.8 Viability Analysis
6. BUSINESS RISK AND MITIGATION FACTOR
6.1 Business Risks
6.2 SWOT Analysis
