professional how to package palm oil product in nigeria

   
professional how to package palm oil product in nigeria
                                               
                                               
                                               
                                               
  • professional how to package palm oil product in nigeria
Is palm oil a profitable business in Nigeria?

The palm oil business is one of the lucrative businesses in Nigeria because of its diverse usefulness and the huge profit involved. In Nigeria, palm oil is one of the essential needs for cooking most meals. The interesting part of this business is that every part of the palm tree (fruits, leaves, trunks, and sap) is used for different things.

How to start a palm oil business?

As soon as you¡¯ve selected your palm oil business niche, draft out a business plan that will guide your business transaction. While writing your business plan, you need to carry out a thorough feasibility study and market research to understand the nature of the business.

How to set up a palm oil processing plant in Nigeria?

There are many requirements for setting up a palm oil processing plant in nigeria which demands a feasibility study. These requirements include machines, available market, equipment, and labor. The project of setting up the plant should be technically, financially and environmentally feasible.

How much palm oil is imported into Nigeria?

In 2018, 350,000 metric tons of palm oil were imported into Nigeria. While this was a higher volume compared to the preceding year, it represented an overall decrease in imports of the product. For instance, in both 2013 and 2014, the country imported over 500,000 metric tons of palm oil.