This proposal is for producing cream that drives mosquitoes away from whoever applies the product. Mosquitoes are a menace to human race as they transmit malaria parasites through their bite.

They must therefore be kept at bay. This can be successfully done by applying a repellent cream which keeps them at bay. The cream is applied on the exposed parts of the body e.g. the face and neck; the legs, the hands, and it remains effective for about 10 hours. The project requires an estimated fixed capital of NGN 6,423,500 and total operating costs of NGN 6,408,000  generating revenue of NGN 7,800,000 in the first year of operation with a net profit margin of 33%. The payback period is estimated at 4 years.

Production Capacity, Technology and Process

Snow white petroleum jelly is heated and melted in stainless steel air-tight vessel and when it reaches a boiling point, mosquito repellent essential oil is added and allowed to mix thoroughly. Color may be added if desired. After, the solution is filled in plastic containers and placed on trays to cool. These are later cleaned, labeled and packed in dozens and sealed for dispatch to the market.


Capital Investment Requirements (CBN exchange rate -$1 to 415.93 NGN) as of  18 feb 2022.

Capital investment item Units Qty Cost in


Cost in USD
Tables  No. 3 10,000 24.043
Basins  No. 5 2,250 5.409
Jerrycans  No. 5 1,750 4.207
Charcoal stove   2 5000 12.021
Total cost of machinery 15,500 37.266



Production and operating costs

Cost Item  Units @




Pdn cost/ month  in NGN Pdn cost/  year


Pdn cost/  year


Essential Oil kg 2000 1 52,000  624,000 1730.603
White Mineral Oil kg 1000 3 78,000 936,000 865.301
Petroleum Jerry kg 1000 4 104,000 1,248,000 865.301
Labels pieces 20 50 26,000 312,000 1442.169
Plastic Containers pieces 200 50 260,000 3,120,000 1442.169
Sub-total  520,000 6,240,000 8076.147



General costs (overheads) 


   Cost Per Month


Cost Per Year


Cost Per Year


Utilities(water and power)  2000 24,000 57.702
Labour 5000 60,000 144.255
Rent 2000 24,000 57.702
Distribution costs 5000 60,000 144.255
Sub –total 14000 168,000 403.914
Total Operating Costs 294,000 6,408,000 15,406.439



Production costs assumed 312 days per year with daily capacity of producing 3,500-150mgs of repellant cream.

Depreciation (fixed asset write off) assumes 4-years life of assets written off at 25% per year for all assets.

Direct costs include: materials, supplies and other costs that directly go into production of the product.

Total monthly days assumed are 26-days.


Project product costs and Price structure  

Item  Qty /day Qty/yr @ Pdn cost /yr



Pdn cost /yr







Repellent Cream

50 15,600  500 6,408,000 15,406.439 7,800,000 18,753.156



Profitability Analysis

Profitability Item  Per day Per month Per Year


Per Year


Revenue 25,000 650,000 7,800,000 18,753.156
Less production and

operating Costs

20,000 520,000 6,408,000 15,406.439
Profit 5,000 130,000 1,392,000 3,346.717



Risk certainty

The risk involved in this idea is healthy and safety which can be mitigated by employing better qualified scientists.


Market Analysis

The market is wide since malaria is one of the biggest killer diseases in Nigeria and some African countries. The people who feel uncomfortable by sleeping

under mosquito nets can easily switch to repellent creams.

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