Moringa is a food, medicine and forage crop. Moringa cultivation is gaining popularity in Nigeria in recent times. Ghana (A West African Country) has benefited immensely from cultivation and utilization of Moringa. Many Nigerians are now establishing Moringa Plantations. Many Nigerians are also witnessing the positive effects of consuming Moringa products.
The health benefits of Moringa are limitless. Moringa is a strong antioxidant effective against prostrate and skin cancers. It is an anti-tumor and an anti-aging substance.
It modulated anemia, high blood pressure, diabetes, high serum or blood cholesterol, tyroid, liver and kidney problems.
It has strong anti – inflammatory properties ameliorating rheumatism, joint pains, arthritis, edema and Lupus. It is effective against digestive disorders including colitis, diarrhea, flatulence (gas, ulcer or gastritis.
It is an anti-bacterial, anti-microbial and anti-viral agent, it is effective against urinary tract infection, typhoid, Syphilis, dental carries and toothaches, fungus, thrush, common cold, Epsetein-Barr virus, Herpes – simplex, HIV AIDS, warts parasites, worms, schistosomes and trypanosomes.
It is a detoxifying agent, it is effective against snake and scorpion bites. With all the health benefits of Moringa listed above, a Moringa tea produced in Nigeria, well packaged, well managed with aggressive marketing strategies will sell like hot cake. A moringa- tea production factory is nothing but a goldmine that will definitely turn around the fortunes of the promoters. Nigeria being the largest market in the black World, any acceptable product will become gold mine for the business owners. Currently, the few moringa tea in the market are being imported.
Moringa Plantations are springing up in Nigeria and it has been well established that Nigeria has the potentials to grow millions of hectares of Moringa, hence the raw materials supply can never pose any problem. Not only this, the awareness of usefulness of moringa is gaining ground everyday.
Moringa leaves are plucked, washed, sterilized and well dried. The dried leaves are later milled into powdery form and now flavoured. We can have different flavours such as strawberry, vanilla, ginger and others. The next step is to package in permeable tea bags. Tea bags are now stuffed in small packs. Attractive and good packaging is a pre-requisite to market acceptability. Serious minded investors can be put through the technicality.
A well packaged feasibility report/Business plan is a pre-requisite to project take-off and finance sourcing. This can be provided for serious minded investors.
The project has potentials to generate a turnover of N300 million on annual basis with a minimum pre-tax profit of N130 million already computed. This is another income and job generating opportunity that has far reaching positive effect on the Nigerian Economy. Serious minded investors can be assisted in the establishment of this project.
A sum of N7.75 million will be required to set up this project. The breakdown is given below:
1 Pre-Investments N250,000
2. Accommodation (Rental) N500,000
3 Plant and Machinery N3,000,000
4 Utilities 2,000,000
5 Take-off Working Capital 2,000,000