Executive Summary

Nigeria is a major agricultural country with about 70% of her population engaged in
farming and food production. Agriculture's contribution to the GDP is approximately
7%. Also, industry in Nigeria is based on small-scale manufacturing, food processing and
multi-national corporations. Their activities are concentrated in the urban centers of
Lagos, Abuja, Port-Harcourt, Ibadan, Aba, Onitsha and Kano

Food processing sub-sector possesses the greatest potential for growth in Nigeria.
Growth rate of more than 9% is envisaged looking at growing urbanization, population
explosion and changing food consumption pattern among Nigerians for natural foods
and products. This has inevitably increased daily consumption of potato and its
derivatives.
Fried potato chips are a kind of leisure food which is popular all over the world and
deeply welcomed by consumers. It remains the special delicious flavor of roasted potato
on one respect and has the characters of rich nutrition and delicious.

Local production of these snacks has not been commercially explored in it totality,
giving room for the need to develop them. The raw materials are available locally and
the production process is simple requiring simple equipment and space to start small.

This potato chips project involves starting a small scale potato chips manufacturing
factory in any big city of Nigeria which will produce premium quality potato chips to be
sold in the local market, competing with a few existing brands. The factory will be
equipped with modern automated machinery for all the processes in order to ensure the
quality of the final products.

The SWOT analysis showed that the opportunities of the business outweigh the
challenges and was concluded that potato chip production idea is healthy and feasible in
Nigeria

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1.0 Project Brief

This objective of this document is to provide information regarding investment
opportunity for starting a potato chip factory in any commercial city in Nigeria.

The factory would have the capacity of processing 100kg of sweet potato/hour or 600kg
per day into fried potato chips , the manpower requirement for the production is 10 or
more.

1.1 Proposed Business Legal Status

The legal status of business tends to play an important role in any setup; the proposed
potato chips production is assumed to operate on as a private limited company.

1.2 Opportunity Rationale

With influence of globalization & the invasion of mega supermarkets & fast-foods e.g
Shoprite , Addide , chicken republic & co, Nigerians have been influenced by the western
eating habits, especially the youngsters who tend to emulate those of the west and
consider it as a fashion. Currently, people tend to consume the western snacks and the
consumption is on rise.

Therefore, the potato chips market is also increasing at a high speed , fast food and
restaurants consumes large quantities of potato chips ranging from 50 Kg to 1,000 Kg
per day.

More so, the improvement of people’s life standard premium quality & internationally
recognized plantain chips is needed a new player has a great chance to enter the market
through heavy campaign & promotion activities.

1.3 Proposed Capacity

The capacity selection is a critical matter that should be decided through market
research. In this pre-feasibility study, the Potato chips factory would have the capacity
of processing 600kg per day of sweat potato.

1.4 Break-Down Capital Expenses

Startup Capex
No Item Cost (N) Description
1 Potato chip production
line
3,500,000
2 Electrical & Plumbing 200,000
3 furniture’s & Fittings 300,000
4 100KVA Generator 200,000
5 Nafdac registration 150,000
6 Weighing scale 150,000
7 Other Capex 500,000
Total
5,000,000.00

this makes sense... thinking of investing in this.

Potato Chips Production Business plan In Nigeria PDF: I saw a question somewhere, and the question was; Is Potato chips production business is a profitable one? I was persuaded to Wade into the conversation. I was so surprised to see someone argued it's Lucrativeness.

Potato chips production in Nigeria is indeed a very lucrative business. The only way you can realise this truth is when you venture into it and start enjoying the cool cash thus generated. One of the advantage here is the fact that the food sector is always growing, so there must be a constant that is always increasing, hence you can expect rapid growth.

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