Craft your business plan Either you should have an oil mill project report or adequate knowledge to start an edible oil production plant which includes the proposed land for oil production plant, sources of funds / capital, right oil mill machinery & equipment provider, return on investment (ROI), etc.
What cooking oils do Nigerians use?
In Nigeria we cook with a variety of oils; from red palm oil, pure groundnut/peanut oil, coconut oil, carrot oil, avocado oil and many more. Below, you will find the links to how to make these oils in your home. Do you prefer videos? Then watch all the Nigerian cooking oils videos here.
How profitable is cooking gas business in Nigeria?
How Profitable is Cooking Gas Business in Nigeria Let¡¯s take the 12.5kg cylinder as a case study, the average profit you make from 12.5kg cylinder of cooking gas is N500. You buy for unit cost of N2,500 or less and sell for N3,000 or higher. If you sell ten cylinders in a day at the average profit margin of N500, you will be making N5,000 daily.
Should you start a cooking oil production business?
So if you want to start a small business or self-employment business, a cooking oil production business may be the best option to consider. Step 1. Learn more about the business