Company profile
Jofak Nigeria Company envisages the establishment of a plant for the production of plaster of Paris with a capacity of 600 tons per annum in Gombe State. Plastic of Paris is widely used in the manufacture of models in pottery industry, for making ornamental castings, plaster boards, for building decoration as wall plaster and floor cement and as dentist & orthopedic plaster. We basically concentrate on plaster of Paris for sceeding, decoration, molding and pottering.
The raw materials for manufacturing plastic of Paris otherwise known as POP cement is primarily Gypsum which occurs in commercial quantity in Kaduna, Adamawa, Taraba, Yobe, Borno, Gombe, Bauchi, Benue, Ogun, Sokoto, Edo, Kogi and Abia states. Gypsum deposits in Nigeria are in sixteen states (16 states) of the federation has a total estimated reserve of over 156.5 million metric tons. It was revealed that there could be much more reserve within these prospects to the depth of 100 meters if more surface area was considered, adding that the gypsum purity range between 67-95%. Our findings and research shows that large scale mining of these deposits would not be economically feasible due to the mode of occurrences and thickness of the gypsum, went further that the Nafada-Fika in Gombe State areas offer the best prospects in terms of extractable tonnages and over burden thickness to the limit of the work carried out with purity between 80-95%.
Currently the Chinese, Americans and the Europeans explore this raw material and export it to their countries then import it back to Nigeria and sell at exorbitant prices. We have the technological knowhow to process gypsum to POP cement
Market
Our market is defined as the target customers for Plaster of Paris cements which include individuals, retailers and wholesalers of Paints & Hardware, construction companies, and cements companies, medical & pharmaceutical companies. Local, state and federal government parastatals and agencies whose build and renovated houses, offices, schools, hospitals etc.
More also, my market are real estate agencies, building contractors, civil engineers, welders, painter and mass market who daily work on building and construction sites The total market size was approximated at customers of (ideally based off of demographic data) 1, 617,692. The expected level of growth of market population is 3.2%.
Existing Distributors and Potential Distributors
Our marketing strategies include use of distributors and sales soldiers to help the distributors to meet up with their monthly sales target so as to qualify for rebates. The following are the existing and potential distributors
1. Amada And Son, Mubi Adamawa State
2. Ubeto Enterprise Limited, Maiduguri Borno State
3. Chimak, Gombe State
4. Solax Building materials, Taraba State
5. Alhaji Yoyo, Yobe State
6. Danfulani, Bauchi
Key Resouce Staffs:
1. Mr. Daniel Joseph, Regional Marketing Manager Yobe and Borno State
2. Mr. Femi Fakode, Production and Quality Control managr Adamawa and Taraba
4. Mrs. Chinyere Ike Sale manager Gombe and Bauchi State
5. Miss Gladys Abbah accountant
Key Success Factors/Practical Tips for Success:
• Large deposits of superior quality Gypsum in the country with ample production.
• Significant number of mines.
• Availability of hard working & low-cost labor.
• Increasing inland trends towards use of Plaster of Paris and its made-ups especially in developing areas in North-East.
• Rehabilitation in North East.
• Improved and simple technological changes available.
• Easy availability of local made machinery and spare parts for its maintenance.
• Ample opportunity for exports to neighboring countries, like Chad and Cameroon.
Projections
The project is financially viable with an internal rate of return (IRR) of 560.23% and a net present value (NPV) of 87million Naira, discounted at 10% for three years. Analyses based on sales of six (6) trailer loads daily.

We are looking for investors, partners, and bankers who can invest or partner with three (3) million Naira. We will send our barrister to anywhere you are to brokered the deal.
For more information and inquire
Email: whisper2lois@gmail.com

This is a tip from HSA Investment Limited. HSA is a company of over 20 years experience in exportation business. We deal with wood, charcoal exportation businesse. Also, we have Kaolin deposits and washed gypsum ore ready for trade. We have it (Kaolin) in commercial quantity and high quality. Send e-mail to hsacharcoal@gmail.com or whatsapp; 08177517800. Call; 08067522299, 08158597700 for ordering/booking.