business plan on rice processing in nigeria

Rice Mill Business Plan in Nigeria Executive Summary: NaijaCEO Rice Mill is a start-up rice processing company located in Nigeria. We will be purchasing paddy rice from local farmers and processing it into white rice for distribution to wholesale and retail customers. Our target market is individuals and businesses in Nigeria who are looking ...

After payment text your name, your e-mail address and bank teller number to 07039768549 and you'll receive your RICE FARMING AND PROCESSING BUSINESS PLAN IN NIGERIA / FEASIBILITY STUDY. Related Posts. Petrol Filling Station Business Plan. Cassava farming And Processing Business Plan. Detergent Production Business Plan. Perfume Making Business ...

EXECUTIVE SUMMARY. This Rice Mill Processing Business Plan in Nigeria is for Complete Rice Plantation. It is located at No. 15 Forest Street, Area 20, Mbu, Enugu State, Nigeria. Complete Rice Plantation is a start-up Rice Plantation that is involved in planting, growing, harvesting and production of quality and affordable rice paddy.

BUSINESS PLAN FOR " RITE RICE FARM ENTERPRISE "

Learn how to start and run a successful rice farming business in Nigeria with this step-by-step guide. From selecting the right land to choosing the best rice varieties, farming techniques, and post-harvest processing, this comprehensive guide covers everything an entrepreneur needs to know. Discover marketing channels and exporting opportunities to reap maximum returns and become part of ...

This rice farming business plan and feasibility study on rice production in Nigeria is regularly updated and can be used to access bank loans, grants, investors and startup business competitions. To get your own rice farming & processing business plan in Nigeria, pay N10,000 to: BANK NAME: FIRST BANK PLC. ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM.

at an annual growth rate of about five percent.Annually, Nigerians consume around 5.5 million tonnes of rice, of which 3.6 million tonnes are locally produced. - mostly by farmers for personal consumption. Currently, we spend roughly ₦365bn per year importing the remaining 1.9 million tonnes, because local production is unable.

The processing plant referenced in this business plan has the capacity to process 2 ton of paddy per hour or an average of 20 tons per day. If the factory works for 20 days in a month and at 50% of the capacity, which gives 200 tons per month, the company can make a gross profit of 200 X N30,000 = N6,000,000 monthly.

Contents. 1 The business plan:. 1.1 Nigeria's Rice Production - All You need to Know about Rice farming & Processing business plan in Nigeria?; 1.2 Rice in Geographical Locations: All You need to Know about Rice farming & Processing business plan in Nigeria?; 1.3 Order a Copy:; 1.4 The Purpose - All You need to Know about Rice farming & Processing business plan in Nigeria?

Step 1: Do a feasibility study and a business plan. This will help you assess the market potential, the production requirements, the financial projections, and the risks and opportunities of your rice farming business. Step 2: Acquire land and prepare it for rice cultivation.

To provide high quality locally produced rice at reasonable prices with exemplary services. Our Goal for the Rice Cultivation and Processing Business plan in Nigeria. - To be a one stop farm in the South East for high quality locally produced rice in Nigeria. - To have trained over 500 trainees in 12 month. - Our Vision for the Rice ...

Annual rice consumption is estimated at 7.9 million metric tonnes as of 2021. Of this amount, only about 4.8 million metric tonnes are produced locally, while the rest are imported. This presents a good market opportunity for investors to set up rice processing plants. Nigeria's rice imports were valued at $2.41 billion in 2021.

Are you planning to start a rice mill business in Nigeria? In this video, we work you through the steps of starting a Rice processing business in Nigeria.Rea...

A Sample Rice Processing Mill Business Plan Template. 1. Industry Overview. Rice milling is a very important process in post-production, as this is when the husk and bran layers are removed to then produce edible white rice that free of impurities. However, milling of the rice is usually dependent on the preference of the customers, which would ...

If you need a copy of this business plan - Business plan for rice mill Processing Business in Nigeria/Rice Mill Processing Business Business Plan with Feasibility studies - You are required at this juncture to contact Complete Full Marks consultants Limited at +234 8034347851 or [email protected] for the formal research and feasibility ...

Conglomerates focus on rice processing. Rice trading and processing is big business in Nigeria, and recent moves by major conglomerates to invest in integrated rice value chain and processing bodes well for the country, if domestic production can be streamlined through their engagement with farmers across the country to improve yields and ...

Rice Farm is planning to start a commercial rice farming and processing business in Kebbi, Nigeria. The business will cultivate organic and non-organic rice on 10 acres of secured farmland. It will also operate a rice processing plant to package the harvested rice. The business aims to become a leading brand in Nigeria and globally. It has outlined job roles for management and operations and ...

Rice farming is undoubtedly one of the most profitable and lucrative business ideas in Nigeria. As a wholesaler or distributor, you can obtain a bag of rice for ₦8,000 - ₦8,100 or possibly at a lower rate from your suppliers. A 110-pound (50 kg) bag of rice sells for any between ₦10,000 to ₦12,000 in Nigeria today.

Investment in the Nigerian rice industry has focused on the capex intensive set up of large, centralised mills which typically are working sub-optimally well below capacity, due to poor paddy supply. Though grandiose on paper, these projects tend to boost egos more than they do production or the bottom line. Our go-to-market strategy is to ...

To get your own rice farming business plan in Nigeria, pay N10,000 to: BANK NAME: FIRST BANK PLC. ACCOUNT NAME: CHIBUZOR TOCHI ONYEMENAM. ACCOUNT NUMBER: 3066880122. After payment, text your full name, email address and title (rice production business plan pdf) to 07033378184. Your business plan will be sent to your email within 15 minutes.

Nigeria was able to double its paddy production by the end of CARD phase 1 in 2018. The goal of NRDS-1 was to increase Nigeria rice production from about 6.0 million tons paddy in 2008 to 12.85 million tons by the year 2018 which was achieved and exceeded. Three strategic priorities were identified and implemented during the NRDS 1. These were:

Business Plan For Rice Farming | PDF | Agriculture

Rice milling in Nigeria is a 'cottage industry' mainly carried out by small-scale workshops with an average hourly capacity of 200 kg of milled rice. The majority of the millers do not trade produce - i.e. purchase paddy and sell rice - but only process paddy on a fee basis for others (producers, traders or consumers).