Introduction:
This executive summary presents the key findings of a comprehensive market and feasibility study conducted to evaluate the viability of establishing a toothpick production venture in Nigeria. Toothpicks, a ubiquitous item used in Homes, Restaurants & Eateries. offer significant market potential in Nigeria, driven by population growth, urbanization, and increasing consumer demand.

Market Dynamics: 
Toothpicks are a ubiquitous household item in Nigeria, with their use extending to the food and hospitality industries. The Nigerian market has traditionally relied on imported toothpicks, but recent policy changes have created a significant opportunity for local production. With a population exceeding 220 million and a rising middle class, the demand for toothpicks is expected to grow, driven by increased sanitary awareness and the expansion of fast food outlets.

Production Feasibility: 
This study explored the technical aspects of toothpick production, including the sourcing of raw materials such as wood or bamboo, and the procurement of necessary machinery. The feasibility of using locally available resources is confirmed, which could provide a competitive edge in terms of production costs.

Financial Projections: 
The detailed financial analysis suggests that toothpick production in Nigeria could be a profitable venture. The initial capital investment is offset by the potential for high returns, given the size of the domestic market and the possibility of exporting to neighboring countries.

Challenges and Recommendations:
While the outlook is positive, this study identifies challenges such as the need for quality control and the potential volatility of raw material prices. It recommended strategies for risk mitigation, including diversification of supply sources and investment in quality assurance processes.

Conclusion: 
This study concludes that toothpick production in Nigeria is not only feasible but also has the potential to contribute significantly to the local economy. It recommends that investors move forward with setting up production facilities, taking advantage of the favorable market conditions and the support of government policies.