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Milestone1 of 1
Milestone 1
Created: 04/23/12
Last Updated: 04/23/12
Goals
3 months: unemployed labor to be gainfully employed
6 months: individuals and companies that would lease their equipments in exchange for their charges.
1 year: individual consumers that will consume farm food crops (such as maize, banana & plantain).
3 years: individual and companies that will use both food crops and cash crops for their immediate consumption and raw materia
Nigeria is highly blessed with natural resources and its economy had been traditionally dependent on agriculture. Nigeria’s soils and climate allow cultivation of a wide variety of food crops. Estimates indicate that 82 million hectares out of Nigeria’s total land area of about 91 hectares are arable. However, only about 34 million are being cultivated presently. Most agricultural activities take place in the northern states of Nigeria such as Kano, Kaduna, Sokoto, Jigawa, Bauchi and western states such as Oyo,Osun etc.
In the 1960s and early 70s, agricultural products had been the main source of income for Nigeria. Its economy heavily relied on agricultural products such as Cocoa, Palm Oil, Millet, Sorghum, Maize, Cotton, Groundnuts, Corn, and Cassava, besides Rice and Wheat.
However, with the discovery of oil, the then Government of Nigeria shifted its focus to crude oil exports. Eventually, the agricultural sector suffered from neglects and food situation became insecure in Nigeria. The food production over the past two decades has not been keeping pace with the Nigeria’s burgeoning population and the Food and Agriculture Organization (FAO) listed Nigeria among the food-deficit countries.
Eventually, the country moved from being a large net exporter of agricultural produce at the time of independence to a sizable importer. More so, the importation of agricultural products from abroad has directly contributed to the depleted state of our economy and brought about total deterioration in the agricultural sector.
To rectify this ugly situation, the Federal Government introduced the Green Revolution Program and Operation Feed the Nation in which there is a frantic effort to boost the agricultural sector. Hence, in an attempt to corroborate the effort of government, this project is initiated.
Our focus in this project shall be on three agricultural produce, two of which are food crops (production takes duration of 6 months to 1 year) and Cash Crop, Palm Oil (which is produced within 3 to 4 years using hybrid method).
1.The replacement of long gestation palm oil tree of ten years with new and improves palm oil tree of maximum of two to four years gestation period.
2.Solvent extraction plant method will be introduced to recovered palm oil that would have been lost as waste product.
3.By instituting a mechanism of monitoring and evaluating the strengths and weaknesses of our competitors in an on-going basis; instituting a mechanism that will enable the company to get regular and instant feedback.
4.Processing of palm oil and kernel in an hygenical ways.
5.Cost reduction and improvement in productivity
6. Palm oil seed will be procured from National Iinstitute for Oil Research Nigeria (NIFOR),this is going to assure quality seed.The gestation period can be reduced up to two years as seed will be placed in nursery for the period of one to two years.It will not only reduce gestation period but also reduce cost as maximum of 10% cost can only be incured in the nursery compared to the cost to be incured in the palm for period of one to two years.
7. We relied on skill of our staff and management.The project will provide job oppurtunities for the teeming population.It will also increase the income of the poor especially people in the rural region.Reduction in the price of palm oil,kernel oil and palm kernel cake.Processing of palm oil and kernel in an hygenical ways. Installation of 5 machines,production of palm oil Free of: Fatty Acid,cholesterol and smoke.The living standards will improve and solve community implementation infeasibility.
An operating model for a business is a strategic schematic which illustrates the relationships among the operating units and trading partners and provides a set of guidelines for both the business architecture and technology that enable a company to grow its business either organically or through acquisitions. Three key words in the definition above are:
Strategic: An operating model is a strategic choice as to the extent of process standardization and data integrity desired to achieve business result.
Relationships: Refers to the degree of co-operation across business units including customers, suppliers, and trading partners, required for efficiency or leverage.
Guidelines: Clarify what is important for the organization today and the rationale for investments so that leaders are aligned.
Putting all the key words together in the context of our operations, the following model is derived to show the structure of the type of our business.
Kabee Luxury Intercontinental Ltd
Owned by public
and controlled by For profit
Formal organization Kabee Luxury
Intercontinental Ltd
