INVESTMENT POTENTIAL IN CASSAVA VALUE CHAIN 1 Presented by Ogo Ibok (Mrs.) SENCE Agric Limited SENCE...

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INVESTMENT POTENTIAL IN CASSAVA VALUE CHAIN 1 Presented by Ogo Ibok (Mrs.) SENCE Agric Limited SENCE Agric

Transcript of INVESTMENT POTENTIAL IN CASSAVA VALUE CHAIN 1 Presented by Ogo Ibok (Mrs.) SENCE Agric Limited SENCE...

Page 1: INVESTMENT POTENTIAL IN CASSAVA VALUE CHAIN 1 Presented by Ogo Ibok (Mrs.) SENCE Agric Limited SENCE Agric.

INVESTMENT POTENTIAL IN

CASSAVA VALUE CHAIN

1

Presented by

Ogo Ibok (Mrs.)

SENCE Agric Limited

SENCE Agric

Page 2: INVESTMENT POTENTIAL IN CASSAVA VALUE CHAIN 1 Presented by Ogo Ibok (Mrs.) SENCE Agric Limited SENCE Agric.

INTRODUCTION Nigeria is the largest producer of cassava in the world

but accounts for 0% of global trade in value added

cassava products.

Cassava production is expected to rise from 34 to 51

million MT per year in Nigeria.

Page 3: INVESTMENT POTENTIAL IN CASSAVA VALUE CHAIN 1 Presented by Ogo Ibok (Mrs.) SENCE Agric Limited SENCE Agric.

INVESTMENT OPPORTUNITIES

The cassava value chain holds

many opportunities for every

one. Farming

Processing

Services

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Processing

Pre-planting

Logistics

Markets

Consumption

Production

CASSAVA VALUE CHAIN

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Planting material (Cassava Stem):

approximately 60 bundles per hectare

Fertilizer: 9 to 12 bags/ha depending on soil

condition

Agrochemicals: Pesticide, herbicides

Services: Laboratory test (Soil test), land clearing.

Pre-planting(inputs)

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Page 6: INVESTMENT POTENTIAL IN CASSAVA VALUE CHAIN 1 Presented by Ogo Ibok (Mrs.) SENCE Agric Limited SENCE Agric.

Nigeria

Brazil

India USA UK0

100

200

300

400

500

600

700

800

Tractors per100 Sq Km

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Low productivity; average yields are

11.7ton/ha due to manual labour.

Low productivity = high costs per unit of

production.

Costs of root production per ton is

US$10 per ton higher in Nigeria than in

Thailand.

Presently it cost an average of

N150,000 per hectare in Lagos and

environs.

Equipment leasing

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Efficient production systems

Use of machinery

Farming software

Operational excellence

Skilled pool of talent for the sector (farm managers etc.)

Access to information (research, improved varieties etc.)

Training (Food safety standards, G.A.P)

Production

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Special Purpose Transport Vans.

Cassava undergoes postharvest physiological deterioration (PPD)

which reduces the quality of the produce within 48 house after

harvest.

Preservation services

Cassava an be preserved in various ways such as coating in wax or

freezing. This present a huge business opportunity for logistics

handling.

Storage

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Logistics

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Cassava

Flour

Processed foods:

Garri, fufu

Ethanol Livestock feed

Industrial starch

Starch used in

Pharmaceuticals

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Page 10: INVESTMENT POTENTIAL IN CASSAVA VALUE CHAIN 1 Presented by Ogo Ibok (Mrs.) SENCE Agric Limited SENCE Agric.

Phamacitical Industry

Confec-tionaries Industry

Textile Industry

Petroleum industry (Biofuel )

Paper IndustryPlywood

Industries

Adhesive Industry

Beverages (Alcohol)

Animal feed

Industrial demand

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Commodities exchange

Packaging and branding

Product awareness, marketing etc.

Export services

Markets

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Feasibility Studies.

Start with the market and work backwards.

Identify the right variety based on market demand.

Aim for operational excellence.

Be patient.

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Caveat Emptor

SENCE Agric

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Thank you

13SENCE Agric