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How To Make Huge Profit Supplying Cotton Lints To Local Industries In Nigeria

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How To Make Huge Profit Supplying Cotton Lints To Local Industries In Nigeria

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Cotton is a soft, fluffy staple fiber that grows in a boll, or protective capsule, around the seeds of cotton plants of the genus Gossypium. The fiber is almost pure cellulose. Under natural conditions, the cotton bolls will tend to increase the dispersion of the seeds.

Product Description

Cotton as a major cash crop, is of considerable social and economic importance to Nigeria. Cotton is used to make a number of textile products.

In addition to the textile industry, cotton is used in fishing nets, coffee filters, tents, explosives manufacture (see nitrocellulose), cotton paper, and in bookbinding. The first Chinese paper was made of cotton fiber. Fire hoses were once made of cotton.

The cottonseed which remains after the cotton is ginned is used to produce cottonseed oil, which, after refining, can be consumed by humans like any other vegetable oil. The cottonseed meal that is left generally is fed to ruminant livestock; the gossypol remaining in the meal is toxic to monogastric animals. Cottonseed hulls can be added to dairy cattle rations for roughage.

Figures obtained from the National Bureau of Statistics indicates that Nigeria earned about N305.1billion within the first three months of 2013 and about N 16.44 billion is from cotton yarn. Foraminifera Market Research through this feasibility seeks to highlight the investment opportunity in the supply of cotton lints to local industries/ buyers.

Cotton is an enormously important commodity throughout the world due to its numerous uses. They are in great demand and this opens an opportunity for interested investors for the sales of the product.

The return on investment on the sales of cotton lints is estimated between 10%- 15%.

Table of Content

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

3. Opportunity

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

4. Socio- Economic and SWOT Analysis of the Project
4.1.1 Generation of Employment
4.1.2 Source of Government Revenue
4.1.3 Foreign Exchange Generation
4.2 SWOT Analysis

5. Risk Identification and Mitigation Strategy
5.2 Critical Success Factor

6. Financial Analysis

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Report Details

Report Type: Feasibility Report
Language: English
Release date: September, 2013; Updated Every 3- Months
Number of pages: 15 pages
Format of Delivery: MS WORD
Product Code: FORA/2013/COTTONLOCAL/002743
Delivery time: Within 24– 48 hours of payment confirmation