Call Us Free: +234-803-378-2777

Ogi Powder Production in Nigeria; The Feasibility Report.

Ogi Powder Production in Nigeria; The Feasibility Report.

30,000.00

“Ogi” is a fermented product made from maize. Traditionally, it is obtained in wet form and serves as breakfast cereal for both children and adults. “Ogi” prepared by the traditional method has short shelf-life, and therefore, requires adequate processing to make it shelf-stable and of high quality.

Description

Maize (Zea mays L.), or corn as it is called in USA, has a multitude of uses and ranks second to wheat among the world’s cereal crops in terms of total production. Also, because of its worldwide distribution and lower prices relative to other cereals, maize has a wider range of uses than any other cereal.

Maize can be processed into different products for various end uses at the traditional level and on an industrial scale. While a large proportion of products utilized in developing countries are obtained via traditional processing, industrial processing meets the bulk of the demand in developed countries.

Nigeria has an annual maize production in excess of 10.3 million metric tons and is ranked as one of the top twenty largest producers in the world.

“Ogi” is a fermented product made from maize. Traditionally, it is obtained in wet form and serves as breakfast cereal for both children and adults. “Ogi” prepared by the traditional method has short shelf-life, and therefore, requires adequate processing to make it shelf-stable and of high quality.

The main raw material i.e. maize is readily available in commercial quantity in Nigeria.

There is enormous demand for various types of breakfast cereals and weaning foods in Nigeria. Many homes and indeed many individual consume various types of cereals on a fairly regular basis.

Ogi powder is consumed as a breakfast cereal and also as weaning food for children. For many families, it comes as a cheap but good source of carbohydrate especially when compared with and other brands of cereals in the market.

The production plant comprises of Flash Dryer, Steeping Tank, Grains Destoner, Sedimentation Tank, 3KW Milk Pump, Aspirator, Blender, Fiber Mill, Fiber Wishing Screen, Hydraulic Press, 2KW Cake Granulator, Centrifugal Sieve, Automatic Powder Filling and Sealing Machine, Weighing Scale and other accessories.

The proposed production volume is two point five (2.5) tons/day and the plant would operate at eighty percent (80%) of the installed capacity for a single shift of eight (8) hours per day for three hundred (300) working days per annum and producing one hundred thousand (100,000) pieces of one (1) kg of transparent polythene nylon of ogi powder bi-monthly with input output ratio of 1 : 0.35.

The purpose of the feasibility study is to consider the economic viability or not of establishing a ogi powder plant in Nigeria using maize and vitamin pre-mix as the raw materials.

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 Analysis
5.7 Cash Flow Analysis
5.8 Viability Analysis

6.0 Business Risk and mitigation factor

6.1 Business Risks
6.2 SWOT Analysis

Report Details

Report Type: Pre- Feasibility Report
Formats of Delivery: EXCEL / MS WORD
No. of Pages: Text – 29 Pages /Excel – 6 Pages
Product Code: FORA/01/2019/OGIPOWDERPRODUCTIONINNIGERIA/0098466464
Publisher: Foraminifera Market Research
Release Date: 16/01/2019; Update Every 3- Months
Language: English
Delivery time: 24 – 48hours

Get This Report

Are you interested in purchasing this report?

Please do pay N 30,000 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.

Reviews

There are no reviews yet.

Be the first to review “Ogi Powder Production in Nigeria; The Feasibility Report.”

Your email address will not be published. Required fields are marked *