Our refinery also produces palm oil derivatives for other PZ Cussons products and for household and food products manufactured in Nigeria. Our refinery can process and pack up to 1,000 metric tonnes of Crude Palm Oil per day ¨C equivalent to approximately one-fifth of all the palm oil refined daily in Nigeria.
How to start a palm oil business in Nigeria?
To begin with, I suggest you have a business plan or feasibility study sample for the start-up. As of 2011, Nigeria was the third-largest producer of palm oil, with over 2.3 million hectares (5.7×106 acres) under cultivation. As the market price for palm oil increases in Nigeria, it creates lots of business opportunities for entrepreneurs.
Where can I buy palm oil in Nigeria?
There are many places to buy oil from, they are; Akwa Ibom, Cross River, Ondo, Edo, Delta, Imo, Anambra, Abia, Enugu Ebonyi, Rivers, Ogun, Ekiti, Bayelsa etc. Southern Nigeria generally are blessed with palm trees. In Akwa Ibom palm oil plantation is an inheritance, you are born to own palm trees.
What is the future of the palm oil industry in Nigeria?
Investment bank, United Capital, in a recent report, gives an optimistic projection about the future of the Palm oil industry in Nigeria as the key player continues to invest aggressively in capacity expansion.