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Feasibility Report On The Export Of Raw Crayfish From Nigeria

Feasibility Report On The Export Of Raw Crayfish From Nigeria

10,000.00

The demand for African foodstuffs in Europe and America is rising due to increasing number of Africans, particularly Nigerians who sojourn to these countries for the proverbial greener pastures.

The return on investment on the export of raw crayfish is estimated between 10%- 15% per transaction.

Description

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%.

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.

With a lot of fresh water bodies spread across Nigeria, the nation surely have comparative advantage in the production of crayfish. Crayfish, a crustacean of higher order found in fresh water is a very popular spice in the tropics where they are used in the preparation of food. It is estimated that about 12,000 MT of crayfish is produced annually in Nigeria and Foraminifera Market Research seeks to expose the investment opportunity in the packaging and export of crayfish in Nigeria through feasibility report.

Tables of Content

TABLE OF CONTENTS

1. Introduction
1.1 Executive Summary
1.2 Business Opportunity
1.3 Country Background

2. Technical Analysis

2.1 The Project
2.2 Product Description
2.3 Product Location and Distribution
2.4 Legal Considerations
2.4.1 Pre-Export Documentations in Nigeria
2.4.2 Post-Export Documentations (Exchange Control Documents)

3. Opportunity

3.1 Market Overview
3.2 Demand and Supply
3.3 Customer Profile
3.4 Primary Competition
3.5 Competitive Advantage

4. Managing Contract Negotiations and Export Operations

5. Socio- Economic and SWOT Analysis of the Project
5.1.1 Generation of Employment
5.1.2 Source of Government Revenue
5.1.3 Foreign Exchange Generation
5.1.4 Technological Transfer
5.1.5 Increase in Gross Domestic Product (GDP)
5.2 SWOT Analysis

6. Risk Identification and Mitigation Strategy

6.2 Critical Success Factor

7. Financial Analysis

Get This Report

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Please do pay N 10,000 into

United Bank for Africa (UBA)
Account Name: Foraminifera Market Research Limited
Account Number: 101 76 603 95

Eco Bank Plc
Account Name: Foraminifera Market Research Limited
Account Number: 274 20 569 37

After payment call us on 01 -29 52 413 / 08033782777 or email us at foraminiferamarketresearch@yahoo.com with the payment details.

After payment confirmation, the soft copy of the report would be sent to you within 24 hours.

Report Details

Report Type: Feasibility Report

Formats of Delivery: MS WORD

No. of Pages: 21

Product Code: FORA/07/2012/07

Price: N 10,000

Release Date: 12:11:2013 ; Updated Every 3 – Months

Language: English

Delivery time: 24 – 48 hrs

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