Premium Hibiscus Business Plan — Company and Business Overview

Legal structure, ownership, objectives and the current stage of development.

Section 4 of 25

Company and Business Overview

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Premium Hibiscus is structured as a Nigerian private limited company operating an integrated roselle platform across the production heartland of Kano and Jigawa states, with processing near Kano and export logistics routed through Lagos.

At a glance

Item

Description

Legal form

Private company limited by shares, incorporated in Nigeria (Companies and Allied Matters Act 2020)

Registered activity

Cultivation, aggregation, processing and export of dried hibiscus (roselle) calyces and derivatives

Location

Nucleus estate and processing hub in Kano/Jigawa; export via Lagos (Apapa/Tin Can) and Onne

Core assets

Irrigated nucleus estate, central processing & fumigation plant, dry-storage warehousing, QC laboratory, vehicle fleet

Registrations

Corporate Affairs Commission; NEPC exporter registration; NAQS phytosanitary certification; SON/NAFDAC as applicable

Ownership

Founder / management team alongside incoming institutional equity (see Section 19)

Functional currency

US dollar (export-oriented); naira cost base

Table 3. Company profile.

Mission, vision and objectives

Mission. To become West Africa’s most trusted origin for certified, traceable hibiscus, delivering premium product to global buyers while raising the incomes of the smallholders who grow it.

Vision. A professionally managed, DFI-backed agro-export champion that re-establishes Nigeria as a reliable, compliant supplier to the world’s most demanding hibiscus markets.

Strategic objectives over the plan period are to: (i) commission an integrated estate, aggregation and processing platform; (ii) achieve GlobalG.A.P, organic and HACCP certification; (iii) build an outgrower network exceeding 6,000 farmers; (iv) reach a 5,900 MT run-rate at a ~20% EBITDA margin; and (v) establish diversified offtake across the EU, US and Asia, positioning for Mexican re-entry.

Business model in one line