INTRODUCTION This feasibility study is centered on cassava farming in oronigbe oriowo local government area, Edo State Nigeria, between January/March 2018.The business will be a own Eseosa cassava farm venture registered under coperate affair commission (CAC) business wholly owned by ME with the intention of recruiting young youths in Nigeria. The abundance endowment of the mineral resources have not reflected in the country GDP and over dependent on the government to create job for our citizen result from the public sector driving the economic like Nigeria made a lot of our youth frustrated after graduation from the university. From the research that was carried out, it was discovered with the increasingly diverse use of cassava product in Nigeria, cassava farming is getting more lucrative with every passing day. This farm product has always being a source of livelihood and for food for millions of Nigerian. 90% of Nigerian households consume cassava product every day. Some of the meals are; Garri, Wheat, Flour, Animal feed, Commercial caramel, and lots more. As the population of Nigeria and Africa as a whole continues to grow, the demand for cassava products will continue to sky rocket, leading to higher revenue generated by cassava farmers. Thus wide spread consumption of cassava product will continue to place it as a cash product that always get bought after a harvest, and guarantees a good profit after sales. The venture will help in providence employment involving young youths and graduates or more, meeting the demand of cassava and other related products and making the price affordable.
BUSINESS DESCRIPTION The venture(firm) to be established is a cassava farm that will concentrate on the production of mainly garri and other related product because of the fund required, the venture will start as a small scale business having a population of Nigeria as the target market. The firm is entirely a new firm to be started from the scratch. However, the venture is not an entirely new innovation as a lot of people ventured into cassava farming but usually have lack of capital as an hindrance. Capital hinders a lot of business activities from taking of. But with the economic recession being experienced in Nigeria, the Nigeria government through the country's bank of agriculture (BOA) have now made more agriculture loans available to millions of potential and active farmers. Taking advantage of the government agricultural loans and incentives at this time became a good way for us to start up our own cassava farm.
GOAL AND VISION OF THE BUSINESS IDEA The Goal of the business is: To increase income by at least #140,000 every year in 1.8million farm families and to add a million jobs to the cassava sub-sector in Nigeria through a doubling of production, processing and marketing of cassava in the cassava growing belt of Nigeria over a period of time. The vision of the business is: To assist, promote and encourage the production, processing and marketing of cassava products in Africa, particularly in Nigeria leading to job creation, poverty alleviation and industrialization of the continent.
CHAPTER ONE INTRODUCTION 1.1 Background to the study Cassava was introduced into Central Africa from South America in the 16th century by the early Portuguese Explorers (Ohadike, 2007). It was probably the incapacitated slaves who introduced the cassava crop into southern Nigeria as they returned to the country from South America. Cassava however,... Continue Reading
IN ATIBA LOCAL GOVERNMENT AREA OF OYO STATE 2007-2015 CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF STUDY Atiba local government area of Oyo State in the western part of Nigeria is known for their agricultural practices; cassava is one of the agricultural products that... Continue Reading
ABSTRACT The aim of this study is to make individuals, firms and organizations including co-operatives to appreciate the importance of feasibility studies to enable successful business... Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Nigeria has substantial economic potential in its‟ agricultural sector. However, despite the importance of agriculture in terms of employment creation, its potential for contributing to economic growth is far from being fully exploited (USAID, 2005). The agricultural sector has been the... Continue Reading
ABSTRACT A feasibility study report on the setting up of a 200 capacity snail farm enterprise at Koro farm garden, Gure town in Bori, Rivers State, Nigeria was conducted to determine if the business idea was feasible and to assess its impacts on the people. The business was named Evergreen Snail Products and Services Nigeria Limited (ESPS).It made... Continue Reading
ABSTRACT The fresh cassava were sources from Idodo in Nkanu Local Government of Enugu state. The weight of the cassava tuber were taken to be 31.50kg. After peeling and washing, it was divided into two equal parts which was 21.13kg for production of sample A and sample B respectively (edible and textile... Continue Reading
ABSTRACT The fresh cassava were sources from Idodo in Nkanu Local Government of Enugu state. The weight of the cassava tuber were taken to be 31.50kg. After peeling and washing, it was divided into two equal parts which was 21.13kg for production of sample A and sample B respectively (edible and textile starch) which weighed 13.1kg. During this... Continue Reading
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Until relatively recently, the discipline of development appraisal has remained the provenance of surveyors and developers. It largely been ignored by other participants in the development process, particularly planners, architects and construction specialists. This is now changing. Close... Continue Reading
ABSTRACT The topic of this dissertation is evaluation of the role of feasibility study/report as a tool for successful business operation. A study of selected business firms in Nigeria. The survey and historical research methods were used in the study. A total population of 400 randomly selected respondents out of which a sample size of 200 was... Continue Reading
ABSTRACT The entrepreneur must have a range outlook on the intended business investments, business investments, examine the alternative uses of capital and account for financial requirement and carry sensitivity and risk analysis. This... Continue Reading