Snail farming business plan
BACKGROUND OF THE STUDY
In the face of serious and growing threat of graduate unemployment in Nigeria today, the need for the Nigerian graduate of today to seek avenues for self-employment and self-fulfillment now seems impelling. In the 1960’s the problem of unemployment in Nigeria was basically that of primary and secondary school leavers. One popular explanation then was that these school leavers were ill-equipped and lack specific skills to offer the labour market. The explanation is now irrelevant today as even well equipped graduates in almost all disciplines now find that the Nigeria labour market no longer has enough jobs for them.
Thus rather than employees vainly searching for skill that are there, the situation has become one of the skill vainly searching for jobs that are not there and this call for entrepreneurship. ‘‘It was not as if I was particularly enamoured of the snail farming business idea but, at least, this is the only area I can say I had training that I can apply with ease and there was space to practice it’’. The study was designed to determine the feasibility of snail farming in Akwa Ibom State, Nigeria and to assess the impacts of entrepreneurship on the people therein.
1.2. BRIEF HISTORY OF SNAIL
The African giant snail (Achatina achatina) has coiled shells in their adult stage. They are hermaphrodite and so, they do not require a partner to copulate. They are oviparous and can lay eggs between 10 and 30days after mating. Eggs laying takes place during the rainy season or when provided with the required food, which are mostly juicy vegetables, constant water, a favourable weather condition of an average of 250C to 300C and humidity of
80%. The species lays about 200 to 400 eggs in one batch 2 to 3 times a year. It takes about 11 days for its egg to be hatched in the humus-rich soil. All species of snail get matured for harvesting by the 5th to 7th months and are actually ready for consumption or marketing. Snails could live as long as 7 to 10 years in their natural habitat. Snails have different names for examples the French snail (Escargot) and the American Pomode.
The Roman snail (Helix pomatia), the garden snail (Helix aspersa) and the African giant land snail (Achatina achatina and Achatina fulica).Snails produce enzymes zymolyse used industrially to lyse the cell wall of organisms, thereby breaking the genetic barrier and allowing mating and fusion of otherwise two non compatible organisms.One interesting things about snails is that they have no noise, no adour, no irritation and hardly fall sick. Snail business is therefore a GEM in the kingdom livestock and the risks of production are low
1.3. VISION AND MISSION FOR THE BUSINESS IDEA
1.3.1. Vision of the business:
To contribute my quota to reduce graduate unemployment in Nigeria by engaging myself in this viable venture of snail farming.
To expose the idea of snail farming in Nigeria as great income opportunities and to show people on how to prosper through it despite the economy.
To direct employees on how to augment their income without affecting their present job.
To practice the adage that says “the more we are in the league of millionaire the merrier it becomes and the better for the peace and prosperity of our Nation”.
To let people know that Nigeria is greatly blessed with resources yet unexplored and to reveal the economic importance, nutritional composition and medicinal values of snails.
To promote and encourage bilateral relation between Nigeria and other countries by way of trade.
To reduce financial crises in our society and encourage sole trader business through example and practice.
To improve the standard of living of people through the provision of highly prolific Achatina achatina snail that does not contain fat and cholesterol.
To transfer the technology to retirees, house-wives, young school leavers, inventors, traders, local dwellers, applicants, Family Economic Advancement Programme (FEAP) / NGOs and workers who need extra income to augment their merge salary.
1.3.2. Mission of the business:
A strong desire for self-employment
A desire for responsibility and independence (i.e.; financial independence).
A desire for the glamour attached to entrepreneurship.
A high need for achievement and success through personal innovation and speculation.
A yearning desire to fulfill the needs of others.
A need for self-satisfaction and fulfillment through proving to oneself that: “I have the ability to take risks, maneuvers over it and succeed”.
A desire to contribute my quota to the stimulation of Nigeria’s economic growth.
A desire for power that a position of business leadership will give.
A desire to equitably distribute the snail meat to places of needs for various purposes
Running a business provides endless challenge and opportunity for learning.
A desire to be a creator and master of my fortunes – i.e., by deciding my own work programmes, work hours, what to produce, where to produce and for whom to produce. In order word, a desire to be the sole arbiter of my fitness to establish and run a business
A desire to pressure and conserve the very highly prolific species of Achatina achatina snail for future reference, research purposes, recreational activities and medicinal uses.
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