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How to start a palm oil processig business in Nigeria?

March 8, 2019 14:27/ Industry News/ leave a message

Are you interested in starting a palm oil processing business in Nigeria? If yes, do you know how to start a palm oil rocessing business? As an excellent palm oil processing machine manufacturer, we have helped many customers set up palm oil mill plant projects. We can give you some advices.

If you want to start a palm oil processing business in Nigeria, Some things you must be know.

start a palm oil processing business in NigeriaStart a palm oil processing business in Nigeria

1. Enough palm fruit;

The first step , you must have enough palm fruit, you can collect them from your own oil palm plantations or buy from other palm fruit suppliers.

2.Capital Investment

The first thing you need to venture into this business is capital. Though, there is no fixed amount of capital you must have, it all depends on how large or small you want to start.

3. Palm Oil Milling

This business entails your ability to use palm oil processing machines in extracting palm oil from palm fruit. There are four kinds of palm oil processing machine can be choosed, ther are: small scale palm oil presser machine, small scale palm oil processing production line and large capacity palm oil press production line. You can choose suitable palm oil machine according to your requirements.

4.Target Market

Your sector determines your target market. So, at this level, you must work towards a successful and practicable market research so as to weigh your market forces.

You must be very careful by choosing either selling to international markets called exporting or locally in Nigeria. But I would recommend urban areas as your market target because this is where the product is highly needed and consume!

5.Reliable Palm Oil Processing Machine Supplier

Having a reliable, trusted and steady suppliers is another important thing. You can buy palm oil processing machine with factory price and if there is any problem in the production process, they can help you solve it as soon as possible

6.Transportation

You must have a durable transportation system to be able to move your products from your location to where it will be needed.

7.Storage

This is very important. If adequate storage facility is not put in place, it will possibly affect the quality of the products which will also affect the price.

These are some of the things investors need to think about when they decided to start a palm oil processing business in Nigeria.

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