INVESTING IN THE ORANGE FLESHED SWEET POTATO VALUE CHAIN FOR COTTAGE

INDUSTRY PRODUCTION

Monday, May 1, 2023

Orange Flesh Sweet Potato Variety Investors Guide and opportunities

Presented by

Nwezi Godwin ObiajuluFor the economic development of the Agricultural sector and to enable and

encourage small businesses

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Table of Content• Introduction• Sweet potato as a root crop• Its Economic Importance• Objectives• Materials and Equipments needed• Processing Values• Funds Required and Profit Sharing• Industrial Certifications• Futuristic Expansion Plant• Partnership & Sponsorship Benefits

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Sweet potato is a stem tuber which matures in about 3-4 months and could be harvested at most four times a year. It comes in many varieties which

can all adapt to the Nigerian soil and the FCT in particular. Trails from the soil tests shows that the Orange Flesh sweet potato can be planted in all

the various Area councils. The orange flesh sweet potato is actually a variety that’s outstanding in the

effective use of tuber crop .

SWEET POTATO AS A ROOT CROP

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ECONOMIC IMPORTANCE

In promoting the consumption, Production and Utilization of Orange flesh Sweet potatoes (OFSP) because of the low sugar and Vitamin A content.

We intend to process and the uses of Orange Flesh sweet potato from the traditional boiling and eaten to the next level of baking ,frying, and flouring of sweet potatoes for a better Utilization of the sweet potato products.

Its also a source of Employment and foreign exchange by linking orange flesh sweet potato farmers ,processors, marketers, investors,& equipment fabricators thereby providing employment for the Health sector, both formal and non formal school graduates , women and enables foreign exchange earning. Monday, May 1, 2023

Objectives• To generate employment• To create new food and tourism businesses• To eradicate hunger and poverty in Africa• To strengthen and sustain the established

businesses• To encourage increased public and private

investment into the food and tourism business• To encourage a level playing ground for Small and

Medium Enterprises (SMEs) in the FMCG/Agricultural sector

• To foster partnerships and collaboration within and across the food and tourism business operators

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MATERIALS AND EQUIPMENT S NEEDED FOR MAXIMUM PRODUCTION

BAGS FOR THE FLOUR (10KG,25KG AND 50KG) NYLON OR CHIP PACKCARTOONSSEALING MACHINE (IMPULSE SEALER)1-10KGFARM CROP DRYERSLICING MACHINENO CRY CUT GLOVES LOGISTICS(MEANS OF TRANSPORT)ACCOMMODATION LAND ACQUISITIONCERTIFICATION AND PERMIT TRAINING AND WORKSHOP

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Your Destination Determines Your Route

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orange flesh vines and the white sweet potato vine respectively

VINES OF SWEET POTATO AND ALREADY CLEAN VINES ON FARM SITE

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PROCESSING• Potato processing at the rural settings level has considerable

potential to reduce post-harvest losses and to generate income through the manufacture of value-added food products, processed potato products, especially potato flour, is highly versatile in manufacturing convenience foods, because it is rich in starch, potato flour can improve the functional properties of several food products.It has its own distinctive flavour and texture but is sufficiently bland to be incorporated easily into traditional local preparations. The nutritional advantages of potato have been demonstrated in comparison with other major staples and vegetable crops in terms of the total number of people who can be fed, and as a food for individual consumers.

• Others have evaluated the proximate composition, mineral content, and nutritional quality of solar dried potato flour.

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CONTD PROCESSING VALUES

• Potato flour ranks quite high in its supply of principal nutrients. Its protein content is superior to that of cassava and yam flour, slightly inferior to that of refined maize meal and wheat flour, and similar to that of rice, Potato flour has higher levels of fibre than refined wheat flour, maize meal, and rice but lower levels of fibre than cassava and yam flour. Its carbohydrate and energy contents are comparable to those of similar foods and potatoes contain lower levels of phytic acid than other plant foods and reasonable amounts of all the essential amino acids except methionine and cysteine. They are well balanced in terms of protein and energy.

• Raw potato flours were made from cultivars by slicing, blanching, sulphitation, and drying in a hot air dehydrator, and were compared for proximate composition and functional properties.

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Gelatinization temperature range

• A crude estimate of the gelatinization temperature range was 60 to 69 degree Centigrade cultivars.�

• This packaging could be reduced to three types and we could concentrate on two basic ones

• Flour Packaging• Chips Packaging• Potato Bread Packaging

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FUNDS REQUIRED AND THEIR USESPRELIMINARY EXPENSES

S/NO ITEMS AMOUNT IN NAIRA SUM TOTAL

1 Structural Preliminary Expenses

N2,000,000 N2,000,000

2 Plant and Machinery and all Certifications necessary

N3,540,000 N3,540,000

3 Staff and working material N500,000 N500,000

4 Accommodation/ Situated Located

N500,000(For rent) N500,000

5 Miscellaneous N100,000 N100,000

6 Mini Bus (Optional ) N2,000,000 N2,000,000

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PROFIT SHARING AFTER TAX

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S/NO ITEMS % SHARING SUM % TOTAL

1 All Investors 30 30

2 Company / Re-Investment 30 30

3 Team and Staff 20 20

4 Logistics 10 10

5 Separates 10 10

TRADITIONAL CHIPS

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MACHINE FOR MAKING SWEET POTATO COOKIES

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FINISHED VALUE CHAINS OF OFSP

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Sample of the look of the chips

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CERTIFICATIONS SON (STANDARD ORGANISATION OF

NIGERIA)SON MANCAP AND LOGO NUMBER

CERTIFICATE.NAFDAC(NATIONAL AGENCY FOR FOOD AND

DRUG ADMINISTRATION AND CONTROL). MINISRY OF TRADE AND INVESTMENT

( BRAND REGISTRATION)

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NIGERIA SON INDUSTRIAL STANDARD ICS 67.080.01 ISO 874 COMPLIANCE CODE MANCAP (MANDATORY CONFORMITY ASSESSMENT

PROGRAME). N 2500 PER PRODUCT . MANCAP SON (SON/QAD/F1/001) FACTORY PROCEDURE MANCAP SON (SON/QAD/F1/002) FACTORY INSPECTION

REPORT MANCAP CERTIFICATE AND LOGO NUMBER (FT – FOOD

PRODUCTS ) COTTAGE INDUSTRIES N10,000, SMALLSCALE INDUSTRIES

MEDIUM SCALE AND LARGE SCALE INDUSTRY (N50,000,N75,000, N100,000 )

MANCAP NIS REVALIDATION CERTIFICATION IS AFTER EVERY THREE YEARS (ON THE FOUTH YEAR)

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DELICACIES WE CAN USE TO THE ORANGE FLESH SWEET POTATO IS USED FOR

Sweet Potato & Chicken Curry Sweet Potato Tortilla & pepper sauce

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CONTINUED MENU OF OFSP

Ginger & lime chicken with sweet potato mash

Sweet potato falafels with coleslaw

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NUTRITIONAL VALUE OF THE ORANGE FLESH SWEET POTATO AFTER BEEN

PROCESED

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Its used in the production of cereal ,custard , baby food and Animal feeds.Its used also used to produced sweet potato flour ,Sweet potato starch, sweet potato drink, sweet potato Garri, Sweet potato bread, sweet potato pottage, sweet potato balls, Sweet potato Amala , sweet potato cake, pancake, sausage roll, pie, chin chin ,cookies/biscuit.Its leave can be used for sweet potato leaf soup, Stewed sweet potato, etc.

THE VARIOUS USES OF THE ORANGE FLESH SWEET POTATO

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Target Sponsors

• Major Manufacturers in the Fast Moving Consumable Goods (FMCG) Industries.

• Regulatory Bodies• Financial Institutions• Public Sector• Hospitality sectors• Foreign Investors• Others Sectors

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FUTURE MACHINES

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THE END

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