Sarah Ojone Business Plan

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CHRISTOPHER SARAH

OJONE
MAT. NO : NOU221149281
PHONE NO: 08038697552
EMAIL: [email protected]
NURTW STUDY CENTRE

BUSINESS PROPOSAL ON: COMBATING ZERO


HUNGER IN NORTHERN NIGERIA THROUGH
SUSTAINABLE AGRICULTURE
PROBLEM DEFINITION

This proposal outlines a strategic plan to achieve zero hunger in northern Nigeria by
harnessing sustainable agricultural practices. Leveraging modern farming techniques,
education, and community engagement, the proposal seeks to create a resilient food
supply chain that enhances local food security, provides job opportunities, and addresses
nutritional deficiencies among vulnerable populations.
DEFINITION: Despite agriculture being a significant part of Nigeria’s economy, northern
Nigeria faces challenges like food insecurity, malnutrition, and poverty, leading to high
hunger rates. Factors such as poor infrastructure, limited access to modern farming inputs,
outdated farming practices, and climate-related issues hinder productivity, resulting in food
scarcity and increased hunger. This proposal aims to address these core issues, providing a
pathway to improve food availability, access, and quality across the region.
INNOVATIVENESS OF THE PROPOSED
IDEA
Putting into consideration, combined traditional farming wisdom with modern
agricultural technologies and techniques, making farming more productive and
sustainable. Key innovations includes.
Precision Farming Techniques: Using data-driven insights, sensors, and
climate data to optimize water usage, soil quality, and crop yield.
Farmer Cooperatives: Establishing cooperatives that give small farmers
access to shared resources, equipment, and bargaining power.
• Digital Learning Platforms: Providing training in modern farming practices
through mobile-friendly digital platforms, accessible even in remote areas.
FEASIBILITY OF THE PROPOSED IDEA

• The feasibility is high, given the low-cost interventions and the


adaptability of local communities to agricultural programs. The project
aligns with existing government initiatives and has potential access to
funding from NGOs, Government Agencies, and International
Organizations focused on food security and agriculture in Nigeria.
Furthermore, Northern Nigeria has a large population of young
individuals who can be trained and mobilized for agricultural work,
contributing to both workforce development and community
empowerment.
SWOT ANALYSIS AND STRATEGIES

STRENGTHS: • Increased demand for locally sourced food, reducing


dependency on imports. •
• Strong support from local communities and government.
THREATS:
• Potential for high impact in poverty reduction and food
security. • Climate change and variability affecting yields.
• Access to underutilized arable land. • Political instability in some areas, posing security
challenges.
WEAKNESSES:
• Competition for resources with other agricultural
• Limited infrastructure, particularly for transport and projects.
storage.
STRATEGIES:
• Need for intensive training to transition to modern
farming practices. To mitigate weaknesses and threats, the proposal
incorporates:
• Opportunities:
• Collaboration with security agencies to safeguard project
• Growing interest in sustainable agriculture and food areas, advocacy for investment in rural infrastructure to
security. enhance access and transportation and creation of an
• Access to international funding sources and partnerships. emergency fund for quick adaptation to climate-related
disruptions.
FINANCIAL ANALYSIS

• The financial model will rely on a mix of grants, support. POTENTIAL IMPACT AND SUSTAINABILITY
government subsidies, and revenue from cooperative • The proposed agricultural initiative is expected to:
activities.
• Reduce food scarcity by increasing local food
• Start-up Capital Estimate: production.
• ₦20 million, allocated as follows: • Create jobs and boost economic opportunities in rural
• Equipment and farm inputs: ₦8 million communities, improve the nutrition and health of local
• Training programs and workshops: ₦5 million populations and build resilience against future food
security challenges.
• Operational expenses (transport, logistics, salaries): ₦4
• SUSTAINABILITY MEASURES:
million
• The project will establish a self-sustaining model through
• Contingency and reserves: ₦3 million
farmer cooperatives, training programs, and local
• REVENUE STREAMS: investment, fostering community ownership. By
• Membership fees and revenue from cooperative sales. improving local agricultural practices and supporting

local economies, the proposal aims to build a long-term
Profit from value-added processing.
solution that can adapt to evolving challenges in food
• Funding from development agencies for ongoing security.
CONCLUSION

• Through a combination of innovative farming, cooperative organization,


and strategic partnerships, this proposal aims to build a foundation for
sustainable food security in northern Nigeria. This initiative not only
addresses immediate hunger needs but also establishes a robust
framework for agricultural and economic resilience.

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