CASSAVA PROCESSING BUSINESS PLAN IN NIGERIA
Fegeostom cassava processing services is located in Ohovbe Community of Ikpoba Okha local government Area of Edo State, Benin City. Cassava as one of the cash and food crop in Nigeria can be processed into other products such as garri, starch, flour and Santana.
However, the quality of these products in the market (mainly garri and Santana) are influenced by the regions they are processed. When poorly processed, one of them – either Garri or Santana will have a sour taste or bad odour. These observations are as a result of poor and unhygienic methods of cassava processing.
Cassava processing in Nigeria is done traditionally where it is peeled and soaked for days while being exposed to the atmosphere for full fermentation. This step is critical because if there isn’t enough water in the soaking process, the final outcome may be irreversibly poor. At Fegeostom, we take advantage of technological advancement at our disposal to process and produce quality consumption-ready products in a hygienic environment.
One of the criteria for siting an industry in a location is the nearness and abundance of raw materials. Our location is characterized by medium to large areas of land mainly occupied by cassava farms because it is the major crop produced and harvested in the Local Government Area.
An added advantage is that the state has a lot of cassava farms widely distributed in its other rural communities. With these resources, we can never run out of supply of cassava and the local farmers will be encouraged to produce more.
We always get positive feedback when customers consume our products. They are relatively cheap, better-tasting, appealing, affordable and this has been our marketing strategy. We are also available on social media where we engage more with our customers to serve them better and market our products. You can get us @Fegeostom cassava plant on Facebook, twitter and Instagram.
Presently, we are located in Benin city and plan on getting more market penetration in all towns and cities of Nigeria with more focus on major cities like Abuja, Lagos and Port Harcourt.
To become the producer of the most wildly consumed processed cassava products.
- To encourage large scale cassava farming.
- To process hygienic cassava product.
- To reduce the consumption of poorly processed products in the country.
- To become a pioneer in cassava processing.
- Cassava flour
- Santana Flour
- Cassava chips
- Training farmers on cassava farming.
- Providing fertilizers for better yield.
- Supplying flour to bakeries.
The starch product can be consumed, used in the laundry business or as a raw material for the industrial preparation of ethanol.
Why you should patronize our products
We are a team of innovative individuals who have exceeded the boundaries of food processing with science and technology. We utilize our knowledge of biotechnology and microbiology to ensure faster fermentation and detoxification of the crop so that it retains only its important nutrient and none of its toxic compounds. We also ensure that our products have longer shelf life than what is being processed locally.
Our location has an abundance of cassava and available land to set up an industry which is easily accessible from the main road. Residents in this area process their cassava locally with their source of water coming from wells and sometimes borehole. This is an advantage to us because there are no other industries sited in the community and we can easily dig a borehole, buy their product from them to reduce competition and also teach them more efficient ways of cassava farming to ensure the good health of society.
Competitive Advantage for Cassava Processing Business Plan in Nigeria
We use sophisticated technology and knowledge to speed up the fermentation to reduce cost and processing time. Our finished products have a 99.9% quality; they don’t give off bad odour or have a short shelf life. An added advantage is that we are closer to the local farmers and we can monitor the quality and quantity of the cassava yield.
Equipment required for Cassava Processing Business Plan in Nigeria
- Dry sieve
- Paddle washing machine
- Cassava peeler
- Hydraulic press
- Garri fryer
- Fermentation tanks
- Grating/grinding machine
- Dewatering watering machine
- Packaging machine
- Palm oil
- Brand packing materials
As a business, we plan on having a greater share of the market. We want to be able to make huge sales and profits while meeting the needs of a lot of our customers and also train farmers on how to use fertilizers to optimize their crop yield.
Our expansion plan includes having a factory and processing plant in Iguobazuwa, Benin city and another factory in Anambra, cross river and Ondo state where cassava is cultivated in abundance. This is to ensure that there is a steady supply of our product in the market. The cost of the purchase of land, erecting structures and drilling of boreholes and other equipment may cost N15million with additional N13 million as operating cost, expansion and employing of qualified personnel.
We are expecting a daily turnover of N180,000-N220,000 which translates to about N5.4million to N6.7million per month based on our output and demand for our product.
In no particular order, we have the best and qualified set of management teams available.
Mr. Philip Aisien is a product of the Department of Crop Science, Faculty of Agriculture, University of Benin. He is an experienced farmer and his knowledge is applicable in the management and care of agricultural crops.
Mr. Julius Agharese is a Food Technologist from The Federal University of Technology, Akure. He makes sure that the crops are properly processed and packaged for consumption.
Mr Peter Ogbewe is a quality control specialist with a degree in biochemistry and a masters in nutritional biochemistry from UNIBEN. He ensures the products are well packaged and meets the market requirements.
Mrs. Glory Churchill is a graduate of Business Administration from The University of Nigeria, Nsukka. She also attended the Lagos Business School and her input is valuable in the running of the cassava processing plant.
Mr. Chukwudi Chukwukere has a degree in Accounting from the University of Lagos. He is a registered accountant from the Institute of Chartered Accountant of Nigeria. He is in charge of auditing the account and making sure that finances are optimized.
Mr. Tunde Ayodele is the technology equipment manager who is responsible for the maintenance of technological and electrical equipment in the processing plant. He has a B. Sc from UNIBEN in Mechanical Engineering.
Mrs. Lara Omosigho is the head of human resource; she recruits the best employees for the job. She has a degree in Business Administration from LASU.
Mrs. Pamela Chidera is the head of finance. She is a financial analyst with a degree in Banking and finance from the University of Lagos.
Our team also consist of skilled and unskilled staff who make sure the environment is clean and tidy. We have the best staff in their respective fields who make sure the business succeeds and reach its potential. You need to invest in our business now to start getting your Return On Investment as soon as possible.
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