This profile looks at establishing a project that will make portable medical first aid kits. A first aid kit is a collection of supplies and equipment for use in giving first aid. First aid kits may be made up of different contents depending on who has assembled the kit and for what purpose. It may also vary by region due to varying advice or legislation between governments or organizations. 


Production Capacity 

This project will produce 260 medical first aid kits per month totaling 3120 per year, which generates total revenue of NGN 109,200,000 per year.



First aid kits are made by assembling essential medical tools & equipment and the necessary medicines & drugs. Standard kits often come in durable plastic boxes, fabric pouches or wall-mounted cabinets. It is recommended that all kits are assembled in a clean, waterproof container to keep the contents safe and aseptic. Kits should also be checked regularly and restocked if any items are damaged or out of date.

Contents of the First Aid Box

Plastic Tweezers
Disposable gloves are often found in modern first-aid kits.
Regular strength pain medication
Gauze and Low-grade disinfectant.
Adhesive bandages (band-aids, sticking plasters). 
Moleskin—for blister treatment and prevention 
Dressings (sterile, applied directly to wound)
Saline for cleaning wounds or washing out foreign bodies from eyes
Soap- used with water to clean superficial wounds once bleeding is stopped. 
Antiseptic wipes or sprays for reducing the risk of infection in abrasions or around wounds. Dirty wounds must still be cleaned for antiseptics to be effective.


Daily Raw materials for one Kit

Direct Materials, Supplies, and costs (CBN Exchange rate – $1 to NGN 380 as of 10th of May, 2021)

Cost Item

Unit Cost NGN Qty/ Day Pdn Cost/Day NGN Pdn Cost/Mth NGN Pdn Cost/Year NGN Pdn Cost/Year USD

Direct Costs:

Plastic Tweezers Pairs 10 8,000 208,000 2,496,000 6,568
Disposable Gloves Pack 20 20,000 400,000 4,800,000 12,632
Pain Medication Sachets 10 1,000 10,000 120,000 316
Surgical Mask Pieces 10 35,000 350,000 4,200,000 11,053
Apron Pieces 10 1,000 10,000 120,000 316
Container Pieces 10 60,000 600,000 7,200,000 18,947
Saline Bottles 10 10,000 100,000 1,200,000 3,158
Soap Pieces 10 1,500 15,000 180,000 474
Burn Dressings Packs 10 50,000 500,000 6,000,000 15,789
Adhesive Tape Packs 10 20,000 200,000 2,400,000 6,316
Adhesive Bandages Rolls 20 35,000 700,000 8,400,000 22,105
Antiseptic Wipes Bottles 10 20,000 200,000 2,400,000 6,316
Sub-total 3,293,000 39,516,000 103,989


General costs (Overheads) 

Cost Per Month NGN Cost Per Year NGN Cost Per Year USD
Utilities 2,000 24,000 63.2
Rent 4,000 48,000 126
Labour 20,000 240,000 632
Sub-Total 26,000 312,000 821
Total Operating Costs 3,319,000 39,828,000 103,989


Project Product Costs and Price Structure 

Item Qty/Day Qty/Yr Unit Price TR/YR NGN Total Revenue(USD)
First Aid Kit 10 3,120 35,000 109,200,000 287,368


Profitability Analysis Table

Profitability Item  Revenue Per Year NGN Per Year

Revenue Per Year USD

Revenue 109,200,000 287,368
Less Prod & Operating Cost 39,828,000 103,989
Profit 69,372,000 182,558


Sources of Supply of Raw materials:  Raw materials are readily available on the Nigerian market.


Sources of Capital: Bank or Government Loans