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FEASIBILITY STUDY ON CASSAVA FARMING

  • Type:Business Plan
  • Pages:21
  • Format:Microsoft Word
(Business Plan)
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.

FEASIBILITY STUDY ON CASSAVA FARMING

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Details

Type Business Plan
Business Plan ID AGR0216
Price ₦10,000 ($29)
No of Pages 21 Pages
Format Microsoft Word

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    Details

    Type Business Plan
    Business Plan ID AGR0216
    Price ₦10,000 ($29)
    No of Pages 21 Pages
    Format Microsoft Word

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