profitable palm oil processing plant in lagos
- Product Using: Producing Palm Oil
- Type: Palm Oil Processing Plant
- Main Machinery: Palm Oil Processing Plant Machine
- Automatic Grade: Automatic
- Production Capacity: 200~2000T/D
- Model Number: Hd-PALMOL
- Voltage: up to specification
- Power(W): up to specification
- Dimension(L*W*H): up to specification
- Weight: up to specification
- Certification: ISO,SGS,BV
- After-sales Service Provided: Engineers available to service machinery overseas
- Function: palm oil machine
- Capacity Model: 10T/H,30T/H,45T/H,60T/H,80T/H,100T/H
- Suitable material: palm fruit and kernel
- Patent product: Yes
- Patent No.: ZL2007 20092291.7;
- Fully automatic: Yes palm oil machine
- Technology: Top technology in China
- Technology support: life time
- Warrenty: one year
- After-sale service: Offering installation and debugging
- Project Location: lagos
How to Start a Successful Palm Oil Business in Nigeria: Step
Step 5. Location and Infrastructure. No matter your chosen business opportunity in the palm oil business, you need a physical location either for storage (if your customer target are online), as an office or both. Infracture is also needed for the the smooth operation of the business. Such infrastructure includes;
Step 2: Draft a business plan. After choosing your palm oil business niche, you have to draft a business plan. This plan will guide your business transaction. Before writing your business plan, conduct a thorough feasibility study and market research. This enables you to understand the nature of the business.
Step-by-Step Guide to Starting a Successful Palm Oil Business
For a small-scale supply and storage business, you can start with as little as N100,000 to N500,000. This should cover expenses such as buying palm oil from local vendors, transportation costs, and storage expenses. You will need containers to store your palm oil. The best are plastic 25-liter or 20-liter gallons.
How To Start A Palm Oil Processing Business. Palm fruit reception. Harvest the palm fruits from the plantation. Sterilization. Sterilize the palm fruits using water or steam. Palm oil threshing. Separate the palm fruitlets from the bunches by vibration or rotation.
How to Start Palm Oil Business In Nigeria - Entrepreneurs
Ensure the space is cool, safe, and dry. Rent a space or a room where you can store the palm oil while you wait for the right time to sell. Additionally, you will need to purchase kegs or drums to store your oil. Most times, people go for the 25litre yellow kegs.
Market Research: Understanding the Demand. Before diving into the palm oil business, it’s crucial to conduct in-depth market research. Analyze the local and international demand for palm oil. Identify your target audience and their preferences. Understanding market dynamics will help you make informed decisions.
How to Start Palm Oil Business in Nigeria In 2023
Obtain palm fruit by planting palm fruit seedlings and harvesting ripe bunches. Thresh the palm fruit to separate the fruits from the bunches, and then sterilize them. Crush the palm fruits to extract the crude palm oil. Purify the raw palm oil and dry it before selling or using it for personal consumption.
Usually, one seedling in Nigeria costs 250 and you will need at least 1000 seedlings for a start. Importantly, ensure you give at least 8-9 meters space between two plants. After harvesting, you can either sell the palm oil kernel seeds to those processing it or you set up a mill to extract the palm oil.
Palm Oil Processing Plant Business Plan [Sample Template]
Cost of purchase of distribution trucks – N450,000. The cost for the purchase of furniture and palm oil processing equipment (Computers, Printers, Telephone, Fax Machines, tables and chairs et al) – N15,000. The cost of Launching a Website – N25,000. The cost for our opening party – N10,000.
1. Production Fresh and Quality Palm Oil. 2. Local. (Palm oil Business Plan In Nigeria PDF) Company Limited believes that in order for the survival and boosting of the economy of Nigeria, we must rely on local resources. Buying from local producers in other to support the local economy. 3.