Palm oil is an essential commodity world wide,it is a by products of the oil palm plant.palm oil is a fast moving consumer goods FMCG,it is used for cooking,manufacturing of butter,noodles, soap and serve as raw material needed in many manufactured products.

Nigeria is Africa biggest economy.The population of Nigeria is 170million people and by the year 2020 it will be about 200million people.these ever growing population need food which palm oil powerfully fit in.There is hardly any household without palm oil in their kitchen.

This make it one of the easiest business you can do in Nigeria and make quick money because demand for palm oil is very high.

Within four months. I happen to know places in Nigeria where you can get this product at cheap prices and place where you can sell it at good price, I am going to make everything clear to you on this post…

Here are the things you need to know when starting a wholesale palm oil business.

1. Secure a Shop – You will need a shop or any safe place for storage. If you have your own house, that will be nice, just dedicate one room for the storage. However, it will be better if you can rent a shop specifically for it preferably near the market.


2. Look for Places to Buy – There are many places you can get palm oil very cheap and in great quantity in Nigeria. It is available in bulk in various parts of he main palm oil producing states includes Akwa-Ibom, Delta, Bayelsa,Rivers, Anambra, Enugu, Imo, Abia, Ekiti, Ondo, Oyo, Edo,Cross River and Ogun.Travel round these states and source from the various local markets and local palm oil processors.Make sure if you are starting go with a person who has had long experience in palm oil sourcing who has eye,nose for identifying good palm oil.

3.Transport Your Goods – If you have your own truck or van, that will be fantastic but if not, you’d have to make do with hiring. Buy everything you want to buy, get a truck to transport it to your base and store it in your shop.

4.Sell Your Goods – Wait until the price of palm oil goes up then you open your shop and sell at a very good price. It is a perfect way to invest money instead of keeping it to the bank with peanut paid as interest on fix deposit. It is like buying property and reselling at higher prices later.

Or you can source for palm oil traders or buyers near you OR from far northern states like kano,kaduna,Abuja,Jigawa,Adamawa,Jos,sokoto where palm oil is hot cake.All you need to do is reach out to luxury bus transport companies like young shall grow,GUO,ETC and negotiate the price of transporting 1 keg of palm oil to your choice of northern state then you make you calculation.You can as well use the Nigeria railway system if you are transporting large numbers like 100 25 liters of palm oil because it is safer and cheaper compared to if you use road transport.You will make more profit from these long distance supply but the down time of traveling long distance if you are not a travel person is the only draw back.
high turnover is the bedrock of lucrative palm oil business and not necessarily making high profit from one transaction.



Thanks

We are key supplier of high quality palm oil in Warri,Benin City,Asaba and Onisha.


our Telephone contact is below

08067704237
08051473361

PalmoilSupply:
We are key supplier of high quality palm oil in Warri,Benin City,Asaba and Onisha

.Are you taking this forum to reach out or what? Because I have not seen where we have biz condition spiritually.
Mr man, if you have made no attempt to drop your contact, then no one will take you serious.
It's a cool business idea, though.

Buy quality grade 1 palm oil with us. Available in required amounts, fast and friendly service, lower prices and discounts for higher quantities.
Produce in Akwa Ibom State.
Call: 08063754254

Our current warri price is N12,500
Our current Asaba price is N13,500
Our current Benin Price is N13,500

All prices is without the 25 litres jerry can but can be deliver to your door step

We have good quality palm oil from akwa ibom state. We supply to any state (kano, Benue, jos zaria etc). Price for 25 keg as at today is 9,000. Make ur order now. For customers that want to store oil this the season. Call 09095094092

PalmoilSupply:
Palm oil is an essential commodity world wide,it is a by products of the oil palm plant.palm oil is a fast moving consumer goods FMCG,it is used for cooking,manufacturing of butter,noodles, soap and serve as raw material needed in many manufactured products.

Nigeria is Africa biggest economy.The population of Nigeria is 170million people and by the year 2020 it will be about 200million people.these ever growing population need food which palm oil powerfully fit in.There is hardly any household without palm oil in their kitchen.

This make it one of the easiest business you can do in Nigeria and make quick money because demand for palm oil is very high.

Within four months. I happen to know places in Nigeria where you can get this product at cheap prices and place where you can sell it at good price, I am going to make everything clear to you on this post…

Here are the things you need to know when starting a wholesale palm oil business.

1. Secure a Shop – You will need a shop or any safe place for storage. If you have your own house, that will be nice, just dedicate one room for the storage. However, it will be better if you can rent a shop specifically for it preferably near the market.


2. Look for Places to Buy – There are many places you can get palm oil very cheap and in great quantity in Nigeria. It is available in bulk in various parts of he main palm oil producing states includes Akwa-Ibom, Delta, Bayelsa,Rivers, Anambra, Enugu, Imo, Abia, Ekiti, Ondo, Oyo, Edo,Cross River and Ogun.Travel round these states and source from the various local markets and local palm oil processors.Make sure if you are starting go with a person who has had long experience in palm oil sourcing who has eye,nose for identifying good palm oil.

3.Transport Your Goods – If you have your own truck or van, that will be fantastic but if not, you’d have to make do with hiring. Buy everything you want to buy, get a truck to transport it to your base and store it in your shop.

4.Sell Your Goods – Wait until the price of palm oil goes up then you open your shop and sell at a very good price. It is a perfect way to invest money instead of keeping it to the bank with peanut paid as interest on fix deposit. It is like buying property and reselling at higher prices later.

Or you can source for palm oil traders or buyers near you OR from far northern states like kano,kaduna,Abuja,Jigawa,Adamawa,Jos,sokoto where palm oil is hot cake.All you need to do is reach out to luxury bus transport companies like young shall grow,GUO,ETC and negotiate the price of transporting 1 keg of palm oil to your choice of northern state then you make you calculation.You can as well use the Nigeria railway system if you are transporting large numbers like 100 25 liters of palm oil because it is safer and cheaper compared to if you use road transport.You will make more profit from these long distance supply but the down time of traveling long distance if you are not a travel person is the only draw back.
high turnover is the bedrock of lucrative palm oil business and not necessarily making high profit from one transaction.



Thanks

All what you wrote would have been a perfect plan if there was room for unforseen circumstances. The buying and selling of Palmoil involves much more than you have written,what you wrote are the basic steps.what happens if one follows all your instruction and is still unable to sell the oil.

How much is palm oil now in Ebonyi,Enugu and Lagos

STANDARD PALM OIL MILL/ CASSAVA FOR SALE IN AKWA IBOM WOTH MODERN FACILITIES ALSO BORE HOLE, GOOD ELECTRICITY AT A GIVE AWAY PRICE OF 2.5 MILLION. A TWO PLOT OF PLANTAIN PLANTATION ATTACH TO IT. COTACT : 08062163662

maureen44:
We have good quality palm oil from akwa ibom state. We supply to any state (kano, Benue, jos zaria etc). Price for 25 keg as at today is 9,000. Make ur order now. For customers that want to store oil this the season. Call 09095094092

How much per 25 littre