You too can start your own bottled water production business in Nigeria and make tones of money.

Read this article on Nairaland to find out how:

https://www.nairaland.com/6140868/bottled-water-production-business-nigeria

Regards.

There is no doubt, water is one of the most essential commodities needed for survival by all living organisms.

The growth of the middle class in Africa in general, and Nigeria to be specific, has led to a need for hygienically produced and well packaged food products like bottled water.

The market for packaged water is high and cut across all parts of the country. With a population of over one hundred and eighty million (180,000,000) people, and an estimated national population growth is 5.7% per annum, Nigeria has a large and sustainable market for packaged water.

The demand for bottled water is very high because it is consumed on a daily basis, by all people of all ages, race or religion. The raw materials needed to produce bottled water is readily available in abundance in Nigeria.

Setting Up Cost

We prepared a well researched business plan that envisaged a packaged water producing plant with a production volume of 1250 packs (12 x 75cl) bottles and 4000 bags of sachet water per day.

You will need a building to set up your factory in. You will also need an industrial borehole as your water source. Cost of these depends on your location.

The machinery you need include:

Water treatment plant which consist of the following:
Reverse Osmosis System
Ozonator/Ozone Generator
Industrial Micron Filters
Industrial Ultraviolet Sterilizer
Automatic Bottling, Rinsing, Filling and Capping Machine.
Sachet Filling and Sealing Machine
Automatic Shrink Packing Machine
Semi-Automatic PET Blowing machine
Batch Number Coding Machine
Moulds

The cost of the complete set of machinery is estimated to be twenty one million, nine hundred and fifty thousand naira (N21,950,000). You will also need to budget about one million naira (N1,000,000) for installations, test-run and training for your staff.

You will also need vehicles for transporting your products to customers. It is very important to build a strong distribution channel for distributing your products to customers. The success of this business is deeply rooted in the quality of your product and your ability to reach and quickly sell to customers.

Profitability

With an average selling price of one pack of bottled water (12 x 75CL) at five hundred and fifty naira (N550) while that of a bag (20 sachets) of sachet water at seventy naira (N70), a company that is able to produce and sell 2500 packs (12 x 75cl) of bottled water and 8000 bags of sachet water weekly can turn in a gross profit of over three million naira monthly.


Wishing you all the best in your quests.

Source: https://planbiz.com.ng


PS.

I can prepare a Bankable business plan for you on bottled water production or any other business at a discounted price of N10,000 only.

The business plan is ideal for existing or aspiring entrepreneurs who want to maximize their chances at securing a loan or investment.

The plan will have:

* 3 years production forcast

* 3 years sales forecast

* 3 years gross profit forecast

* 3 years OPEX forecast

* Net profit analysis

* Customer segmentation

Etc

Reach out via WhatsApp: 09022106607

There are several businesses you can start and run profitably in Nigeria. Below are four that readily comes to mind:

1. Rice Milling: One of the best businesses one can venture into in Nigeria today is parboiled rice production (Rice Milling).

Nigerians currently consume over 5 million metric tons, which is equivalent to over 100 million 50Kg bags of rice annually. With the current population growth rate of Nigeria, the consumption of rice is estimated to reach about 35 million metric tons (700 million 50Kg bags) by the year 2050.

There is high demand for rice in Nigeria. With a population of over 180 million people and an estimated national population growth rate of 5.7% per annum ,an average economic growth rate of 3.5% per annum in the past five {5} years, Nigeria has a large and growing market for rice.

As it stands, the current producers of good quality rice in the country cannot even meet up to 50% of the current demand. This is the reason why the market is flooded with poorly produced and low quality rice.

New entrants into the rice milling industry that can produce good quality parboiled rice will have an evergreen market waiting to be sold to.

2. Drinking Water Production: Another good business that does very well in Nigeria is drinking water production (Bottled water and Sachet Water).


The growth of the middle class in Africa in general, and Nigeria to be specific, has led to a need for hygienically produced and well packaged food products like bottled water.

The market for packaged water is high and cut across all parts of the country. With a population of over one hundred and eighty million (180,000,000) people, and an estimated national population growth is 5.7% per annum, Nigeria has a large and sustainable market for packaged water.

3. Poultry Farming: Poultry farming is yet another business that gives good returns on investment.


Poultry farming has risen to become one of the most lucrative businesses in Nigeria today. This aspect of livestock farming, if set-up and managed properly, provides legitimate continuous income for entrepreneurs within a short period of time. There are over 160 million consumers in Nigeria and over one billion in Africa. This provides a large, growing and sustainable market for poultry farmers in Nigeria, and Africa in general.

4. Pounded Yam Flour Production: Pounded yam flour is another product that you can chose the invest in its production.


Pounded yam is a popular delicacy produced from boiled yam tubers, and is consumed by many people across Africa. However, a lot of people, especially the middle class find it difficult to prepare pounded yam the traditional way which involves boiling yam, pounding it in a mortar using a piston, until it becomes a succulent dough.

The growth of the middle class in Africa in general, and Nigeria to be specific, has led to a need for hygienically processed, easy to prepare and well packaged food products like yam flour.

You can read more about these businesses via the links below:

1. Rice Milling Business In Nigeria

2. Bottled Water Production In Nigeria

3. Starting A Poultry Farming Business In Nigeria

4. Pounded Yam flour production in nigeria


Wishing you all the best in your quest.

Well-done Abdulsamad Rabiu

Cc: Pavore9, FarmTech. Kindly consider for front-page.

Nigeria is blessed with large tracts of arable land which makes agriculture an important sector of the economy with high potential for employment generation, food security and poverty reduction. Although the sector was largely dominated by subsistence farming, with improved seedlings, modern farming methods and better weather forecasting, agricultural yields have continued to grow.

These improvements have been driven by government policies which are aimed at encouraging more commercial and mechanized farming. These policies leverage Nigeria’s agricultural ecosystem to transform the country into a leading agribusiness and agro-allied industrial nation.
Agricultural sector contributes 25% of Nigeria’s Gross Domestic Product (GDP) and accounts for 48% of the labour force. The sector’s growth rate over the last 5 years averaged 4%. Crop production dominates the sector, accounting for 22.6% of GDP alongside livestock (1.7%), fisheries (0.5%) and forestry (0.3%).
Nigeria’s agricultural zones, which stretch from the tropical savanna in the north to the coastal rainforest in the south, and the mangrove of the Niger-delta complemented by tropical and semi-temperate weather prevalent across the country, promote the cultivation of a wide variety of agricultural produce from exotic fruits, vegetables, tree crops to root crops. Towards maximizing this nature’s gift, the government has mapped-out soil characteristics across the country and provides detailed daily reports on prevailing weather conditions.

Policy Thrust

The development framework for the sector is encapsulated in the Agriculture Promotion Policy 2016-2020, which itself built on the successes of its predecessor, the Agriculture Transformation Agenda 2011-2015. The policy document set out specific strategies for key stakeholders to build an agribusiness economy capable of delivering sustained prosperity by meeting domestic food security goals, generating exports, and supporting sustainable income and job growth.

The policy objectives for the sector include:

1. Doubling the growth rate of the integrated agriculture sector thereby increasing the contribution of the sector to the national GDP;

2. Significantly reduce food imports and become a net exporter of key agricultural products;

3. Integrating agricultural commodity value chains into the broader supply chains of domestic and foreign industries, driving job growth, increasing the contribution of agriculture to wealth creation, and enhancing the capacity of the country to earn foreign exchange from agricultural exports;

4. Becoming self-sufficient in tomato paste, rice, and wheat;

5. Promoting the responsible use of land, water and other natural resources;

6. Facilitating food security, food safety and quality nutrition; and

7. Creating a mechanism for improved sector governance by the supervising government agencies.


Investment Opportunities

The Nigerian agricultural sector is open to private participation and investment opportunities abound across the various value chains. Broad categorization of these includes:

1. Mechanized crop production such as rice, maize, millet, cassava, sugar cane, tomato and the cash crops such as cocoa, palm kernel, rubber, among others.

2. Food processing and preservation across the value chains of the sector

3. Beef processing and packaging

4. Fruit juice/canned fruits

5. Beverages and confectionery

6. Cash crop processing – rice, soybean, maize, cassava, cocoa, palm kernel, rubber, etc

7. Exploitation of timber and wood processing activities

8. Livestock cultivation – dairy and aquaculture (fisheries) development

9. Horticulture development.

10. Agricultural input supplies and machinery.

11. Water resources development especially for irrigation and flood control infrastructure.

12. Commodity trading and transportation.

13. Development and fabrication of appropriate small scale mechanized technologies for on-farming processing and secondary processing of agricultural produce.

14. Development of private irrigation facilities.

15. Production of improved seeds and agro-chemicals.

16. Production of veterinary drug, vaccine, chemical, feeds and feeds ingredients.

17. Market Research.

Investment Incentives

Government has deliberately designed investment incentives to support private sector participation in the sector. While some of these incentives are in form of tax holiday, exemptions, and reliefs, there are many more that leverage on specific government policies, performance of the companies as well as relevant international investment treaties. Some of these are:

1. Income tax relief for a period of three years and which can be extended for a period of one year and thereafter another one year or for one period of two years – Pioneer Status Incentives

2. Zero Import Duty: Zero percent import duty tariffs (custom, excise and value added) for import of agricultural equipment and agro-processing equipment.

3. Increased tariff with additional levy on any commodity that Nigeria produce (rice, starch, sugar, wheat, tomato etc.) to promote domestic production and local content.

4. Exemption of interest from tax on loans granted to agricultural activities.

5. Exemption from Value Added Tax (VAT).

6. Access to Agricultural Credit Guarantee Scheme which is up to 75%.

7. Avoidance of double taxation agreement which eliminates double taxation with respect on income and capital gains.

8. Investment promotion and protection agreement provides reciprocal baseline protections for investments.

9. Nigeria qualifies for the Africa Growth and Opportunity Act (AGOA).


Source: https://planbiz.com.ng/opportunities-in-the-nigerian-agricultural-sector/

Psychiatric doctor.

This blog post will be if help to you.

https://planbiz.com.ng/starting-a-poultry-farming-business-in-nigeria/#comment-55

Supermugu:
.... This is the ONLY SENSIBLE & USEFUL comment I have read so far today ! .... GOD BLESS YOU NyaFuNyaFu , Left , Right and Center

Amen Sir. God bless you too.

Wishing you a prosperous week ahead.

There are several businesses you can start and run profitably in Nigeria. Below are four that readily comes to mind:

1. Rice Milling: One of the best businesses one can venture into in Nigeria today is parboiled rice production (Rice Milling).

Nigerians currently consume over 5 million metric tons, which is equivalent to over 100 million 50Kg bags of rice annually. With the current population growth rate of Nigeria, the consumption of rice is estimated to reach about 35 million metric tons (700 million 50Kg bags) by the year 2050.

There is high demand for rice in Nigeria. With a population of over 180 million people and an estimated national population growth rate of 5.7% per annum ,an average economic growth rate of 3.5% per annum in the past five {5} years, Nigeria has a large and growing market for rice.

As it stands, the current producers of good quality rice in the country cannot even meet up to 50% of the current demand. This is the reason why the market is flooded with poorly produced and low quality rice.

New entrants into the rice milling industry that can produce good quality parboiled rice will have an evergreen market waiting to be sold to.

2. Drinking Water Production: Another good business that does very well in Nigeria is drinking water production (Bottled water and Sachet Water).


The growth of the middle class in Africa in general, and Nigeria to be specific, has led to a need for hygienically produced and well packaged food products like bottled water.

The market for packaged water is high and cut across all parts of the country. With a population of over one hundred and eighty million (180,000,000) people, and an estimated national population growth is 5.7% per annum, Nigeria has a large and sustainable market for packaged water.

3. Poultry Farming: Poultry farming is yet another business that gives good returns on investment.


Poultry farming has risen to become one of the most lucrative businesses in Nigeria today. This aspect of livestock farming, if set-up and managed properly, provides legitimate continuous income for entrepreneurs within a short period of time. There are over 160 million consumers in Nigeria and over one billion in Africa. This provides a large, growing and sustainable market for poultry farmers in Nigeria, and Africa in general.

4. Pounded Yam Flour Production: Pounded yam flour is another product that you can chose the invest in its production.


Pounded yam is a popular delicacy produced from boiled yam tubers, and is consumed by many people across Africa. However, a lot of people, especially the middle class find it difficult to prepare pounded yam the traditional way which involves boiling yam, pounding it in a mortar using a piston, until it becomes a succulent dough.

The growth of the middle class in Africa in general, and Nigeria to be specific, has led to a need for hygienically processed, easy to prepare and well packaged food products like yam flour.

You can read more about these businesses via the links below:

1. Rice Milling Business In Nigeria

2. Bottled Water Production In Nigeria

3. Starting A Poultry Farming Business In Nigeria

4. Pounded Yam flour production in nigeria


Wishing you all the best in your quest.