PROPOSAL LETTER FOR GRANTS AND LOAN TO ESTABLISH FEED MILL INDUSTRY IN NIGERIA.
Dear Madam,
My name is Alexander Ayodeji olusegun Osinubi, Managing Director Oxygen Global Services, United Kingdom and Oxygen Global Investment Limited, Nigeria. I would like to take this opportunity to introduce our company. We are Oxygen Farms / Feeds (Division of Oxygen Global Investment Limited, Nigeria), a private regulatory compliance and farmers in Nigeria. We are into commercial livestock farming and intending to go into feed mill industry, as well as planting of cash crops for exportation in Nigeria. Animal feeds are an essential part of animal husbandry, some of the earliest mills were water Powered wheels grinding corn to produce cornmeal or wheat grain to yield flour. Mills were sized to meet the needs of the local community. As farm operations became more specialized and moved to large dairies and confined animal feeding operations (CAFOs) feed mills grew both in size and importance. For this reason, large feed mill operations are required in order to process the massive quantities of feed required. When you consider that fish will require nearly 2 pounds of feed and other animals from 3 to 10 pounds of feed for every pound of meat produced and the fact that million pounds of meat is consumed in the Nigeria annually, the resulting feed requirements are over 100 million dollars per year.
Request for grant for business establishment in Nigeria. I based in Uk and I have been trying to relocate to manage my proposed business in Animal feed mill but even though I got the landed properties in support of the proposed business BUT I need a soft loan to established the business i.e acquire Machineries needed and working capital. Below is the project in brief: The proposed feed mill project will be set up in Ibadan and will be able to produce 2 ton of compound animal feed per hour, and 25 Urea Molasses Block (UMB) per hour with selling and distributing of animal feed additives. This feed and UMB will be supplemented to livestock in addition to green fodder which is freely available to animals for high production. Different formula may be used to prepare compound feed to facilitate the customer’s nationwide. The proposed business will be manufacturing compound animal feed and Urea Molasses Block with selling feed additives for meeting the demand of dairy and livestock farmers. The rated plant capacity will is 2,500 tons of compound animal feed and 62,500 blocks of Urea molasses per annum working on 16 hours double shift at 8 hours per shift. The plant will be operated in double shifts, producing 4,800 tons of animal compound feed and 60,000 blocks of urea molasses. The total capital cost of the project is N34, 270,000 ($149,000 at N230 per dollar). 5 employees will be employed directly on the project and the civic works and installation of plant is estimated to complete in 3 months. I will be grateful to hear from you on the easiest way whereby I can acquire the soft loan to suite my situation as a returnee. The Almighty God will continue to use you until the last day Ma.
Your quick and positive response will be highly appreciated. Thank you Sincerely,
Alexander Ayodeji Olusegun Osinubi
Mobile:+447898289428, +447946395057