THE ENTREPRENEUR TDBA~' 43 BUSINESSDAY: www.businessdayonline.com
Monday Of October 2012
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Big relief for manufacturers
Small
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Siaka Momoh
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I has been it recurrenl complain I In Ihe induUTY. II comes
up In aimosl all (ora organised by Ihe organised priV:lIe 5eCIorand ils .ffiliatl!$ such as MAN, NACCIMA. LeCJ, and other chlmben of commerce
across me counuy. The sing-song is a clear onl!: Wllholll power, manu(aclUrlng is dead; wilhoUI "ower, small business!!!!. are crippled; manufacturers and 5oemCf!
providers are governme.nts unl0 Ihemselves becaUSe! Ihey provide their own
power, access roads. and WBter.
lltis will now be hlslory. all Ihlngs beillg well . It. few days back, OIuseglin Agangl. mlnisler of trade Ind lnvestrnenl. announced a lemporary
relief. Companies Ihat Inv51n lhedevelopmenl of infiastn~ facilhlessuch as the COf1SlJUClion of acce55 roads, power planll and walet'planu in Ihe course of (elling up their businesses will henceforth be endlled 10
laxcredil ofuplo 30 percelll orlhe COS! orPUlting up the infTaslructure. According 10 Aganga. the Inilialive -is a lemporary relief measure introduced by Ihe Federal Govemmenl to help cushion the debUllaling eCfeclS of Ihe challenges posed by me lact of Infrastnlcrural amenilies in the counuy, which Is a TRajor selback to me mfIow of InveSlmenlS InlO Ihe country: The mlnisler said Ihis 81 Ihe second Nigeria InternaljonaJ InveStment Porum organised by Ihe minlury In collaboralioll with the Commonweahh Business Council (CDC), N1PC, and Image Affairs Nigeria. II would be recalled lh.al manufacturers have over the yean complained about high COst of produclion brought aboul by the huge Investments Ihey make on power generallon, building of access roads and providing water for production processes.
Investment Opportunities
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flew high It arg\led at the forum thu: To fOSI, Ir comret:itlveness of the sec):ll!, thm is urgeR! need w re «Imp 0.11 deficient infrasltu(llLre,IIIHlcularly power. 'fhe p 10cess of prlvatlsln J J'HCNshould be fasl-lrad,td. Eff(flS should be made b en~ure thai the' proceu is n II h!rlllinated. The IIl1l\tllon 01 renewabh flle~lresou~ for power ,:e neratbn such b solar, coal a ..d W"nd should be expiOl,Id, In Iddition 10 our conve: )l londl ~urces 01 ene'BY Rehabilltale QI!(llorablr road nel'vod's whil e additional road ~elworks
shouldbe~u~struh~acroS5
The manulaclurlng seclOr currenLly connlbules a paltry <I percenl 10 GOP
annually. Indwlry alialyslS and slakeholde~ consider Ihis unacceptable and believe theseclorahould be able to contribule oolWeen 15 and 18 percent, if power supply Is adequale and conSlant. Kola Jamodu, president, MAN , said aI a recenl forum Ihal Ihe Nigerian manufactUring sector'l
conlrlbutlon to Ihe GOP hovered around 4 percenl compared wllh the situation In mosl emerging economies and developed counlrles, where the manufacturing sector'l contrlbUlion to the GOP averaged 46 percenL He lis ted Ihe main challenges mililatlng against the growth of the seclor as Including difficult and Wlfavourab&e operating environment, due mainly
10 acute Infrasuucturr deficiency In the nluion ; Irregular supply of Induslrial fuels arising from epUeptic operation of local n:fineries, and high COSt of ahemotive power supply to Industries, resulting In uncompetitiveness 01 locally produced goodL MAN has been particularly forceful and focused on its drive to ensure infrasO'UCI~ is pUi right tOeMure theeronomy
the count 1'. Thele is need for close mORltllring and reguladar Iof the at.1ivitles of road C( n cesshnaires to ensure o~ ' lltllunl benefits from luch cuncculollS. Govenmel,. should accelera e Ihe railway modernist tlon programme In view oft s cenlfllityto the growth oqnlernalffide and industrlal l;ompe1 dv.:ness. No doubt, the ax credit now being offete( will help add steam to economic laivities a,=rt)S5 the countty, manufaclUring in particulBt and push up the parlou.s GOP.
How to invest in poultry boilers production T
he Importance of wlil need aboU11WO plolS of land fot errecllve lake orr. RUVivalandgrowthof Broiler prodUClion is highly human bein8lcannol profimble. Percentage retum be overemphallsed. Anlmll on Inveslment Is abolll 50 protein Is one of the mOlt percenl. Imponanl food Ilems In the The ban on Imporl811on world. Protein helps 10 body of frozen chicken has building and growth, In Ihe made commercial broilers reproductive I)'5tems and In produ c rion lucrative as prevention oldtsease:l.Anlmal com p e 1111 0 n bel wee n prou:in sources Include fi5h. Imported and the localiy beef from cow, goal me". produced tWI bel!n removed. pork from pip and chickens Teehnh:allnfonnation from fowls. To establish a pOUltry • I I .0 gel an ma prolein In broiler fann. a farm site Ihal commerdal quanlity, pouluy is acceulble an year round broi"~1'!1 i.I one of the easiest II acquired. On acquIsition, 1OlIrca. pouhry house l5 COllSlructed Pouluybrnilenarespedli with a section as brooder bfftds of chickens, which are house to nurse dayold chicb naised under intensive care for fWO weeks before being. for the sole purpose of being U1Insferred 1.0 the broiler pen. w.ughlered within a period of Intereged inveslon:ClIn be eight weeks. Pouluy broilers are rich In proleln, highly palatable and very succulenL Po ul try bra He rs are special breeds Inve5lmenljuUlficotion Nigeria II about the lalJll5t market In Ihe black world of chickens, animal prolein 10 lhe
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because Iell Ihan so pen::enl of food requirement in Nlgcrla II currently being met. To Ihi. f'nd, Whlltever is produced will definhely gel markel, eVf'n II good price, The land requlremf'nt for broilers production 15 very m1nimal. 5,OOO·brolier farm
which a re raised under i nrensive car e for I-h e sa le purpose o f being
I
ht
d
S aug ere within a period eight weeks
of
pullhrough inareuofde!iilgn and conslruClion of poultry h~ On connnmlon, wood WVUll!llril needed 00 III<! Roar ohlW!housetbdore.u.yololchkb
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hl~c~erlel loclted III :~I Ihl: cou nlry, upf:cl.lI)' In lIIOI, Abf:oblla,lblld.ln.Oro,WufThnd SapeI'"-Pros~ln_:II'J(:an
be JUIded In W pl"OOlrelnelll of dayo&dchkb.
Onp.orctllueofQy'oIddtkb 10 the brooder bouielilradybuilt.8rant:nSllY 10 thf' bnl'oder house f,lf IWO weeki befor"lht:yaretnrulerred !hey are broulh~
lOlht:b~penl.Od>I!rroullnf'
worb needed on daily buillle
poult., drul_ .dminlllnllion, 'eedlnl wilh w~II · lonD.rlalf'd pouIuy ration and pl'Ol'hJon of
NOle: the lute can be higher Of 101/,ler depending on the fin.ndal nengm of plll6peCl~ IUYe!iIOn. ProfitalillrlY On the ~~bll!~men"of the farm, lOCK) bnllien can be raised ~ Ithln elKbI weeks. This can btl rnpealdd alleHt four times [n a yeu A deller investor will ahva)'5!ralse hlsJ her brone!'1 to II$.ke lure Ihal the mhrority ~oincides with Ihe irUlnl periods luchasChIistmas,rlewYear _"" __ ceIe b III d onh n eya qo ... ~.f:f" period when deu.anrl rOf chickens an' "ery high To rall~ 2000 broilers. it wUl COlt a ,nuiml.;m or NI, SOO,OOOroOlNt.'f~:oIdayoid
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chleb, feed nc. drup. ~bour and markertl,g CO:4tL AI an ave"'le prit!e or Nit. 500 per bird. tUJnOller of N";t. 000.000
1'mzt:Dc:hltbN..
This lea"'!'$'" margin ofN I, 500,000. ThI,IIanIIe'n:peated four times In a year- leaving a nel Inconte pn N6 million.
dean _Ier.
fl!edin~~=:':~::
rndJm18b1eslurndymbelOld inlert:tled COIlll.ll1H:n, holf'1I food CIJIIH:118. calefinl houM$, olefin ....d "'pulable markell, A Lup«::ale bnXIeJ fumt.... may """,nluaUy 10 Intll the l.lf' of
1sadUev&b~~
rm!'::n~"I: J~:a~~r::::: ~re:. ~~ ~'~I;~I:~~I:a:: bIInk.lble rl!'lllllbUhy IIUdy Thl'
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N 100,000 LandandbuUding 1.0000,000 Day old chlcu (2000) 500,000 PwmkIn for fredinl 500,000 0d>I!r~ ~"ulilllYltems Pre.lnftll;lmrnl
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mlde (anta! Ii : income hom hrollf'r fanning. Investors canbeguld~drromiJu:eption
10 the aClu d lsaUon of Ihl5 proJea. Td:08().:!3058iU5,. 0815ZS96S85,08(J3J66O J77 B-1'rIIJ1l: olumokbulDtm1@
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