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Complete Feasibility report for a large scale Rice Mill – 20,000 tons per year

The supply gap for good quality milled rice creates a significant business opportunity for Rice milling and this report explains the viability of setting up of a 20,000 tons capacity rice mill in Lagos State.


Description

Rice has become a staple food to many Nigerians and is grown in all regions.  Nigeria is West Africa’s largest producer and consumer of rice, producing an average of 3.2 million tons of paddy rice for the past 5-years. However, local demand for rice far outweighs local production and the nation is forced to rely on massive importation to bridge the gap.

Total import volumes vary from 1.7 million tons to 3.2 million tons, depending on the tariff structure, volume of local production and the prevailing local circumstances, weather and other vagaries in the rice value chain. The value of imported rice was about N365 billion ($2.4 billion or one-fifth of total annual food import bill) annually as at 2013, meaning that nearly N1 billion or more subject to the Dollar exchange rate has been spent daily for rice importation for so many years.

Local rice cultivation is largely by small-holder farmers who are also involved in paddy processing by traditional manual means and small scale mills with average actual total capacity of two tons per day. Local rice production and milling is characterized by low capacity and quality issues.

The supply gap for good quality milled rice creates a significant business opportunity for Rice milling and this report explains the viability of setting up of a 20,000 tons capacity rice mill in Lagos State.

Table of Contents - Feasibility Report

1. Glossary

2. List of Acronyms

3. Executive summary

4. The Business Opportunity

·         Problems worth solving

·         Solutions

·         About the Project

5. Business Environment review

6. Description of the industry

·         Industry size

·         Key Players

·         Industry trends

7. Description of the Market

·         Profiles of Market Segments and amount spent

·         Market trends

8. Operational plan

·         Product or Service offerings

·         Production Types

·         Capacity, size and types of Facilities and Equipment

·         Supply chain description and major suppliers

·         Production Process

·         Regulatory requirements

9. Personnel needed and availability

10. Five years financial Planning Model with

  •          Sensitivity Analysis

·         Costs and Revenue Assumptions

·         Balance Sheet

·         Income Statement

·         Cash flow statement

·         Investment analysis

·         Financial Ratios

 11. Risk analysis and Mitigation

12. Conclusion

13. References

14. Appendices

 

 

 

Report Details

Format: The report is sold as it is and any request for customization will attract additional cost. The report is updated annually (once every January of current year) unless otherwise stated.

Delivery: The report will be sent to the email you stated on the registration form within 5 working days from payment date. 

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Purchase Details and Delivery

Are you interested in purchasing this report? Pay by  ATM card or bank transfer using the shopping cart on our website or pay by direct bank transfer  to:

Bank: FCMB PLC

Account name: Highnet Online Sales

Account number: 333 640 2028

Delivery: Please call or email us with the bank transfer details. Upon confirmation of the payment the report will be sent to the email you stated on the transfer details within 5 working days from payment date.