Are you searching for a downloadable rice mill business plan in Nigeria? This post is for you.
Do you want to secure a loan for NIRSAL, BOA, BOI, grant or make future forecast figures? Then you need a rice mill business plan in Nigeria to do that?
RICE MILLING PROCESS
Rice milling is removing the husk and bran layers from rice grains to produce polished white rice. The process involves several steps, which may vary depending on the type of rice being processed and the equipment used. Here is a general overview of the rice milling process:
- Cleaning: The first step is to remove any impurities or foreign materials from the raw rice. This can be done using a combination of machines such as a pre-cleaner, de-stoner, and magnet.
- Husking: Next, the outer husk layer is removed from the rice grain. This can be done using a rice huller machine, which applies pressure to the grain to loosen the husk, which is then removed by aspiration.
- Whitening: After the husk is removed, the brown rice that remains is further processed to remove the bran layer. This is typically done using a whitening machine, which uses friction and pressure to remove the bran and polish the rice.
- Grading: Once the rice is polished, it is graded according to size and quality using a series of screens and machines. This step ensures that the rice is uniform in size and quality.
- Sorting: Finally, the rice is sorted to remove any remaining impurities or defective grains using a color sorter or other sorting machine.
The final product of the rice milling process is polished white rice, which is ready for consumption or further processing into other rice products.
READ – RICE FARMING FEASIBILITY STUDY
COST OF SETTING UP A RICE MILL FACTORY IN NIGERIA
The cost of setting up a rice mill factory in Nigeria can vary depending on various factors such as the size of the mill, the location, and the level of automation. However, here is a general breakdown of the costs involved:
- Land and Building: The cost of acquiring or leasing land and constructing a building can range from ₦10 million to ₦50 million or more, depending on the location and size of the factory.
- Equipment and Machinery: The cost of purchasing and installing equipment and machinery such as a rice huller, whitener, grading machine, sorting machine, and packaging machine can range from ₦10 million to ₦50 million or more, depending on the size and level of automation of the factory.
- Raw Materials: The cost of purchasing raw materials such as paddy rice can vary depending on the quality and availability of the rice. The cost of purchasing and storing paddy rice for a year can range from ₦5 million to ₦20 million or more, depending on the size of the factory.
- Labor Costs: The cost of hiring and training employees to operate the rice mill factory can be a significant expense. The cost of employing staff such as engineers, machine operators, cleaners, and other support staff can range from ₦5 million to ₦20 million per year or more, depending on the size of the factory.
- Utilities: The cost of electricity, water, and other utilities needed to operate the rice mill factory can also be a significant expense. The cost of utilities can range from ₦2 million to ₦10 million per year or more, depending on the size of the factory.
Based on these factors, the total cost of setting up a rice mill factory in Nigeria can range from ₦40 million and above.
SAMPLE RICE PROCESSING MILLING BUSINESS PLAN
1.0. Industry Overview
Rice is well-known to be an important aspect in any economy. The capital-intensive product necessitates a high average land rental rate. Rice’s yearly growth rate has climbed to around 8%. This is attributed to dietary changes, population growth, and urbanization. Rice has become the most often consumed staple meal in Nigerian households.
Nigerians use around 7.8 million tonnes of rice each year. Local farmers produce around 5 million tonnes for personal use. Because of the huge demand for rice that local production cannot supply, approximately N4 billion Naira is spent annually on importing the remaining 3.8 million tonnes of rice. These statistics have made Nigeria the world’s largest importer of rice, demonstrating that there is not only a high demand and opportunity for rice entrepreneurs and enterprises, but also a ready market.
The never-ending opportunities in the rice sector will motivate young people to pursue rice cultivation, processing, sales, and distribution careers. Rice mills can also be built – rice processing equipment is a lucrative enterprise in the rice sector.
2.0. Executive Summary
Abuja Farms is a rice milling company located in Abuja, Nigeria. We specialize in processing high-quality rice using the latest technology to ensure that our products meet the highest industry standards. Our rice is carefully selected from the best paddy fields in the country, and we take great care to ensure that it is milled to perfection.
Our milling process is designed to retain the nutritional value of the rice, ensuring that our products are not only delicious but also healthy. We have invested heavily in our milling equipment to ensure that we have the capacity to meet the growing demand for our products. Our team of skilled professionals is dedicated to delivering high-quality rice products to our customers.
At Abuja Farms, we are committed to sustainability and environmental responsibility. We work closely with local farmers to promote sustainable farming practices, and we use renewable energy sources to power our operations. We are also committed to giving back to the community and supporting local initiatives.
Our products are available in various packaging sizes to meet the needs of different customers. We distribute our products through various channels, including supermarkets, wholesalers, and distributors, to ensure that our customers have easy access to our products.
Our highly sought-after large-scale rice farming will allow for commercial rice production, processing, and packing. We would supply both organic and non-organic commercial rice growing under a recognizable standard.
Within the first four years, tested processes will be in place to simplify rice processing and packing, which would subsequently be provided to the Nigerian market. We have bought 10 acres of perfect farming land to ensure that we do not run out of rice while competing in the market. We would recruit suitable agricultural equipment and experience to assist us develop our concept of a beautiful picture of a 21st-century commercial rice growing, processing, and packaging firm.
Investing in commercial rice farming allows us to give our fair share to the ever-expanding Nigerian economy while also capitalizing on the numerous opportunities that the rice sector provides while providing Nigerians with their number one staple meal.
We aspire to be Nigeria’s leading commercial rice company. This is why we collaborate with a team of professionals and have put processes in place to support our mission.
3.0. Vision Statement:
Our vision at Abuja Farms is to become the leading producer of high-quality rice in Nigeria while promoting sustainable farming practices and environmental responsibility.
4.0. Mission Statement:
At Abuja Farms, our mission is to provide our customers with the highest quality rice products while maintaining our commitment to sustainability, environmental responsibility, and social impact. We strive to achieve this by partnering with local farmers, investing in cutting-edge technology, and maintaining the highest industry standards to ensure customer satisfaction.
WANT TO DOWNLOAD THE REST OF THE BUSINESS PLAN?
How To Download The Rice Mill Business Plan Template
Above is a part of the rice processing business plan template in Nigerian. In case you need the complete business plan, follow the procedures to download it.
Pay the sum of N8000 (Eight thousand naira only) to the account detail below:
Bank: GTBank
Name: Oyewole Abidemi (I am putting my name and not our company account so you know we are real people and you can trust us)
Ac/No: 0238933625
Type: Saving
Thereafter, send us your email address through text message to +234 701 754 2853. The text must contain the title of the business plan you want and also your email address. Immediately after the confirmation of your payment, we will send the rice processing business plan in Nigeria to your email address where you can easily download it.
