Kulikuli Production in Nigeria; The Feasibility Report.

Published - 24 May 2021| Analyst - Foraminifera Market Research Limited| Code - fora/2021/kulikulipr/13323

Select Report Format

Subtotal 30,000

Peanut, or groundnut (Arachis hypogaea), is a species in the legume or “bean” family (Fabaceae). The peanut was probably first cultivated in the valleys of Peru.

It is an annual herbaceous plant growing 30 to 50 cm (1.0 to 1.6 ft) tall. The leaves are opposite, pinnate with four leaflets (two opposite pairs; no terminal leaflet), each leaflet 1 to 7 cm (⅜ to 2¾ in) long and 1 to 3 cm (⅜ to 1 inch) broad. The flowers are a typical peaflower in shape, 2 to 4 cm (0.8 to 1.6 in) (¾ to 1½ in) across, yellow with reddish veining.

Hypogaea means “under the earth”, after pollination, the flower stalk elongates causing it to bend until the ovary touches the ground. Continued stalk growth then pushes the ovary underground where the mature fruit develops into a legume pod, the peanut – a classical example of geocarpy. Pods are 3 to 7 cm (1.2 to 2.8 in) long, containing 1 to 4 seeds.

Groundnuts also have a variety of industrial end uses. Paint, varnish, lubricating oil, leather dressings, furniture polish, insecticides, and nitroglycerin are made from groundnut oil. Soap is made from saponified oil, and many cosmetics contain groundnut oil and its derivatives. The protein portion of the oil is used in the manufacturing of some textile fibres. Groundnut shells are used in the manufacture of plastic, wallboard, abrasives, fuel, cellulose (used in rayon and paper) and mucilage (glue).

Groundnuts are also used for food and as an ingredient in confectionery products. After the extraction of oil, the residual cake is processed largely for animal feed, but is also used for human consumption.

Nigeria currently produces about two million (2,000,000) MT representing five percent (5%) of world production and in the period between 1956 and 1967, groundnuts including its cake and oil, accounted for about seventy percent (70%) of Nigeria’s total export earnings and created the legendary groundnut pyramids which dotted the landscape of Kano.

Some of the other states where groundnut is produced in Nigeria include Kwara, Kaduna, Sokoto, Bauchi, Katsina, Zamfara, Nassarawa and most of the northern states.

Groundnut is the 13th most important food crop of the world. It is the world’s 4th most important source of edible oil and 3rd most important source of vegetable protein. Groundnut seeds contain high quality edible oil (50%), easily digestible protein (25%) and carbohydrate (20%).

One of the products that can be produced from groundnuts is kulikuli. Kuli-kuli is traditionally Hausa snack that is primarily made from peanuts. But today, “Kulikuli” has become a popular snack in Nigeria and its consumption cut across ethnic groups in Nigeria. It is often eaten alone or with a mixture of garri, sugar and water popularly called “garri soakings”.

It is also eaten with “koko”, “fura”, “akamu”; and is sometimes ground and put into salad. It is often ground as and used as a major ingredient for “Suya” and “Kilishi” production.

“Kuli-kuli”, a groundnut product has a lot of benefits to human being such as, protecting the heart, strengthen the bones and prevent birth defects e.t.c based on the nutritional composition of groundnut, it major ingredient of production.

This report seeks to examine the financial viability or otherwise of establishing a kulikuli production plant in Nigeria.

Custom Research Request

Still haven't found what you're looking for?
Speak to our Custom Research Team.

Table of Contents

EXECUTIVE SUMMARY 1.0 Business Overview 1.1 Description of the Business 1.2 Vision and Mission Statement 1.3 Business Objective 1.4 Critical Success Factor of the Business 1.5 Current Status of Business 1.6 Description of the Business Industry 1.7 Contribution to Local and National Economy 2. Marketing Plan 2.1 Description of product 2.2 Product Packaging and delivery 2.3 The Opportunity 2.4 Pricing Strategy 2.5 Target Market 2.6 Distribution and Delivery Strategy 2.7 Promotional Strategy 2.8 Competition 3. Production Plan 3.1 Description of the Location 3.2 Raw Materials 3.3 Production Equipment 3.4 Production Process 3.5 Production Cost 3.6 Stock Control Process 3.7 Pre-Operating activities and expenses 3.7.1 Operating Activities and Expenses 3.8 Project Implementation Schedule 4.0 Organizational and Management Plan 4.1 Ownership of the business 4.2 Profile of the promoters 4.3 Key Management Staff 4.3.2 Management Support Units 4.4 Details of salary schedule 5. Financial Plan 5.1 Financial Assumption 5.2 Start -up Capital Estimation 5.3 Source of Capital 5.4 Security of Loan 5.5 Loan Repayment Plan 5.6 Profit and Loss Analysis 5.7 Cash Flow Analysis 5.8 Viability Analysis 6.0 Business Risk and mitigation factor 6.1 Business Risks 6.2 SWOT Analysis

Additional Info

Category:   
Report Type:    pre- feasibility report
Formats of Delivery:    excel / ms word
No. of Pages:    text – 29 pages /excel – 6 pages
Report Code:   fora/2021/kulikulipr/13323
Publisher:   Foraminifera Market Research Limited
Price:   ₦30,000
Release Date:   24 May 2021 Updated quarterly
Language:   English
Delivery time:   Within twenty-four (24) hours

Get this Report

Direct bank transfer

To order the report, Please do pay the sum of ₦30,000 into

Bank Name : Eco Bank Plc
Account Name : Foraminifera Market Research Ltd
Account Number : 274 20 569 37
Bank Name : United Bank for Africa (UBA)
Account Name : Foraminifera Market Research Ltd
Account Number : 101 76 603 95
Bank Name : Guaranty Trust Bank Plc (GTB)
Account Name : Foraminifera Ventures
Account Number : 011 66 066 32

Make your payment directly into our bank account. Please use your Order ID as the payment reference. Your order will not be shipped until the funds have cleared in our account.

Instructions

After payment call us on 01 -29 52 413 / 08033782777 or email us at foraminiferamarketresearch@yahoo.com with the payment details. After payment confirmation, the soft copy of the report would be sent to you within 24 hours.