Executive Summary
New Height Nigeria is a privately owned Company specializing in the production of toilet rolls with the long term view of recycling of waste paper into jumbo reels to be used for the production of toilet rolls.
New Height Nigeria will be in the business of converting used paper to Jumbo Roll. Jumbo roll is the basic raw material used in the production of tissue paper. The process is known as Paper Recycling. Our business will help the toilet paper industry to fulfil the rapidly increasing demand of jumbo rolls. Due to the inability for paper industry to meet the demand of jumbo roll, Nigeria have been importing over 54% of the jumbo rolls used in toilet tissue production from abroad.
Due to this demand-supply gap, prices of paper products are increasing day by day. Our business plan will not only decrease the import bill of the country but also will decrease the price of paper products which will increase the purchasing power of the individuals and hence it will increase their welfare.
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1.1 Background of the Study
Background of the study:
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