how to start mini palm oil mill plant in nigeria

   
how to start mini palm oil mill plant in nigeria
                                               
                                               
                                               
                                               
  • how to start mini palm oil mill plant in nigeria
  • Where can I start a palm oil business in Nigeria?
  • So far, Presco and Okomu are among the largest Nigerian palm oil producers in the private sector of the palm oil business, and more businesses are expected to be established in the nearest future. How much do I need to start palm oil business in Nigeria? The capital for a palm oil business depends on if you want to be a wholesaler or retailer.
  • How to start a palm oil business?
  • After you have chosen your palm oil business niche, you have to draft out a business plan. Basically, this plan will guide your business transaction. Before writing your business plan, carry out a thorough feasibility study and also market research. This enables you to understand the nature of the business.
  • How to set up a palm oil mill?
  • Like in tree plantation, setting up a palm oil mill requires a lot of capital. You need money to purchase and install palm oil milling machines to process the palm kernel seeds. The best part is that you can use the mill for personal use or charge people who want to mill their palm kernels for commercial purposes.
  • When to plant oil palms in Nigeria?
  • However, in Nigeria, the rainy season is the best time to plant palm fruit. This is typically around June-September. Also, an oil palm starts to produce fruit approximately 3 to 4 years after you plant it. Therefore, it is necessary to exercise patience during this waiting period.