Best Projects 2018 features all the nominated entries submitted to the Youth Citizen Entrepreneurship Competition under ‘Submit your Project’ category. All the entries consist of innovative projects run by existing enterprises in the form of businesses, NGOs or informal programs. If you want to know the 10 finalists in this category click HERE
Cassava processing and marketing option for sustainable Agricultural development
Explain your project in details:
Recognizing Nigeria's tremendous agricultural potentials,the government has accepted the view that the country should resolve to make agriculture the main source of living of the economy. Agricultural development has to with the increase of the agricultural productivity to be able to generate sustainable surpluses. The issue of surpluses lead to the issue of marketing because when they engage in large production and then there will be surpluses left out. Production of surpluses should occur simultaneously with adequate processing and store it and make sure that the surpluses are waste. I found out that the surpluses, if they are not appropraitely processed, it may bring about increase in the harvest losses. Which reduces the productivity and income in the agricultural sector. Nigeria is currently the largest cassava producer in the world with estimated annual production of about 40 milion metric tones. About 90% of this is however consumed as food.Cassava is next to petroleum as major contributor to the Gross Domestic Product (GDP). However lack of funds to procure essential processing machinery and equipment which will create increase demand for cassava produce has been a problem. Post harvest system such as processing, packaging and marketing storage distribution and transportation has constrainted sustainable cassava production in recent times. This has resulted into substantial losses, which complicate food insecurity status interms of available calorie dietary consumption.
Impact of your enterprise on sustainable development
Cassava production may have the potential to create the needed production intensification while simultaneously reducing per unit production cost. In addition, recent studies have shown cassava to be great promise in international trade. Indeed, demands for cassava derivatives such as starch, garri,tapioca,etcetera have doubled over the years. Cassava processing at household level is an important income genetator in poor rural areas. Cassava has good potential to contribute to econonmic diversity and could create many opportunities for the development of other processing industries. One important advantage of cassava is that it has a wide range of uses ranging from the consumption to industrial use based on the level of processing of the cassava root tuber.Cassava root tuber is boiled or steamed before eating, but can also be processed into garri, starch,akpu,tapioca and dried chips among others. Garri is processed cassava root tuber which is peeled,then grated into pulp,then fermented,dried and roasted into fine granules.Akpu is a pasty product of cassava which is sieved and fermented,boiled and pounded to pasty moulded products. Tapioca is poduced from peeled cassava root tuber,sliced into ships then soaked, roasted into dried flakes. Further processing involves grinding and milling into flour. The principal users of cassava products are flour mills, biscuit factories ,glue producers,ethanol distillers, pharmaceutical industries, livesstock farmers and restaurants. One way to promote cassava production is to add value to the raw product through processing.Increasing area under cassava cultivation as well as yield without proper storage facilities and a lack of provisions to link cassava to the market for enhancing local consumption and the industries may discourage cassava growth. Similarly, the problem of storage could be overcome through processing. Private and public participation and investment and upgrading of rural infrastructures will not only reduce the cost of production,processing and marketing in Nigeria.
Sustainability and future plans
As the population of Nigeria and Africa as a whole continues to grow,the demand for cassava products will continue to skyrocket,leading to higher revenues generated by cassava farmers.This widespread consumption of cassava products will continue to place it as a cash crop that always get bought after a harvest,and guarantees a good profit after sales.Capital hinders alot of business activities from taking off. But with the economic recession been experienced in Nigeria,the Nigeria government through Bank of Agriculture has now made more agriculture loans available to millions of active farmers.Taking advantage of the government agricultural loans and incentives at this time is a good way to startup your own cassava farm. Here is a discription of the business model. 1. Select a good site for your cassava farm: when getting a site to setup a cassava farm,pick an area with deep well drained loamy soil,adequate rainfall and warm.Cassava grow best in these areas. 2. Select the best cassava variety to plant. 3. Select healthy cassava stem cutting. 4. Plant the cassava right. 5. Set up and production cost: just as any other start up business,a great execution of your cassava farming business can make you a millionaire.You need to understand your perfect costing needs to ensure you are not going to generate a negative cash flow. Here is sample costing for setting up a cassava farm in Nigeria. *A plot of land cost #80,000 (depending on the location) *Land preparation #25,000 *Cassava stem cutting #5000 ( for 100 bundles.Bundle price could vary per location) * Fertilizer #25,000 (the price could vary by quantity) * Fermentation tank #220,000 * Hammer mill #700,000 * Hydraulic Press #280,000 7.Marketing your cassava products- after growing and harvesting your crops, you will need to ensure maximum returns by selling your harvest to the right buyers and at the right price.
Your profile as an entrepreneur
I am 30 years of age and I grew up with my parents being farmers and entrepreneurs and I learnt alot of personality traits from them ranging from hard work, appetite for risk,intergrity,competitiveness,growth oriented mindset and resourcefulness. By the grace of God, i am fearless, perceptive,charismatic,tenacious and caring. All these personality traits are necessary to succeed as an entrepreneur. One thing that most commonly stands between me and others is that I face fear,embrace it and celebrate it.