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Great Money Making Opportunity: Tap Into This Under Exploited Goldmine - Agriculture (10) - Nairaland

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Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by felixzo1(m): 7:45pm On Jun 07, 2020
ozornet:
Hello folks
we dey ,we are following

1 Like

Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by felixzo1(m): 7:49pm On Jun 07, 2020
ozornet:
Let us look at The Profitability and Viability of Setting up a Palm Kernel Oil Production Factory


The oil that is derived from palm kernel nuts is used for producing vegetable oil, cosmetic products, soaps and detergent, in the confectionery and pastry industries, margarine and for other vital industrial purposes. Palm kernel oil extraction business is one of the hidden lucrative and profitable businesses that many people are yet to know much about or anything at all. Unless you are told of how lucrative this business is by an insider, you will never believe it makes any money let alone making millions. But I can tell you for certainty and for free that palm kernel oil extraction business is a mega millions business. It is one business one can start at very small scale with easy and make millions without any headache or stress. The market for the finished products is a seller’s market. They buyers look for you and een pay in advance by depositing cash into your account and allow you time to buy the raw material and produce for them. You could even calculate your profits before purchasing the raw materials in other word you could be using the buyer’s money as your working capital.

Do you know that you can make between N100,000 and N150,000 daily even as a medium/ scale producer? Are you aware that palm kernel oil product is one of the few products you can sell right at the point of production or in advance, without necessarily needing to take it to the market? That the buyers normally bear the rist and cost of delivery? That you can even use the buyer’s money as your working capital? That you can determine your profit even before you start buying up raw materials.



It can be run on a small, medium and large scale, depending on your financial capacity. You may be wondering but where can one get palm kernel nuts in large quantity? It is produced in hundreds of thousands tones in the South Eastern, South Southern, South Western and some areas in the Middle Belt parts of Nigeria annually. All you need to do is to go set up your palm kernel oil extraction business around anywhere in the Southern part of this country or you transport the raw materials to your desired location nationwide.

It is however most profitable when you set it up where you can get Palm Kernel Nuts PKN in large quantity due to transportation costs and other logistics. Ondo, Ekiti, Osun and Edo state are also good at the production of palm kernel nuts ,too, so you may decide to source it there if you are within the West. The entire geographical region of Southern Nigeria, Southern Cameroon, Southern Benin Republic, Togo and even other South Coastal areas of West Africa is a palm tree zone.

(Next we shall look at the how to start a palm kernel oil production factory.)
how easy is it to sell palm k
felixzo1:
we dey ,we are following
ozornet:
Let us look at The Profitability and Viability of Setting up a Palm Kernel Oil Production Factory


The oil that is derived from palm kernel nuts is used for producing vegetable oil, cosmetic products, soaps and detergent, in the confectionery and pastry industries, margarine and for other vital industrial purposes. Palm kernel oil extraction business is one of the hidden lucrative and profitable businesses that many people are yet to know much about or anything at all. Unless you are told of how lucrative this business is by an insider, you will never believe it makes any money let alone making millions. But I can tell you for certainty and for free that palm kernel oil extraction business is a mega millions business. It is one business one can start at very small scale with easy and make millions without any headache or stress. The market for the finished products is a seller’s market. They buyers look for you and een pay in advance by depositing cash into your account and allow you time to buy the raw material and produce for them. You could even calculate your profits before purchasing the raw materials in other word you could be using the buyer’s money as your working capital.

Do you know that you can make between N100,000 and N150,000 daily even as a medium/ scale producer? Are you aware that palm kernel oil product is one of the few products you can sell right at the point of production or in advance, without necessarily needing to take it to the market? That the buyers normally bear the rist and cost of delivery? That you can even use the buyer’s money as your working capital? That you can determine your profit even before you start buying up raw materials.



It can be run on a small, medium and large scale, depending on your financial capacity. You may be wondering but where can one get palm kernel nuts in large quantity? It is produced in hundreds of thousands tones in the South Eastern, South Southern, South Western and some areas in the Middle Belt parts of Nigeria annually. All you need to do is to go set up your palm kernel oil extraction business around anywhere in the Southern part of this country or you transport the raw materials to your desired location nationwide.

It is however most profitable when you set it up where you can get Palm Kernel Nuts PKN in large quantity due to transportation costs and other logistics. Ondo, Ekiti, Osun and Edo state are also good at the production of palm kernel nuts ,too, so you may decide to source it there if you are within the West. The entire geographical region of Southern Nigeria, Southern Cameroon, Southern Benin Republic, Togo and even other South Coastal areas of West Africa is a palm tree zone.

(Next we shall look at the how to start a palm kernel oil production factory.)
how easy is it to sell palm kernel cake,I believe that's where the profit is.
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ZIONEMPIRE: 6:08am On Jun 08, 2020
How much does it cost to start on a small scale.
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 10:27am On Jun 08, 2020
ZIONEMPIRE:
How much does it cost to start on a small scale.

You can start on a small scale with say from N5m, but I suggest you get in touch with us on whatsapp 08037788438 or voice call 08181926534 so that we enlighten you more with pictures and videos.
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 2:31pm On Jun 08, 2020
Looking at the Palm Kernel Oil Production Business

PKN – Palm Kernel Nut. The is the nut you get when the palm kernel’s hard shelled nut is cracked. The inner nut is the nut where the oil we are talking about is extracted from.

PKO – Palm Kernel Oil. This is the actual oil that is extracted from palm kernel nuts, the actual product or one of the main product we are talking about here.. The PKO is mainly bought by vegetable oil refineries that now use it to produce what the average Nigeria housewife call “groundnut oil” in the open marketplace

PKC – Palm Kernel Cake. This is another product that is derived from the palm kernel oil extraction process and it makes up good percentage of the palm kernel produce. The PKC is mainly used in producing animal/poultry feeds.

PKSL—This is the sludge oil that is derived after filtration of the oil. This sludge oil can be reprocessed to obtain lower grade palm kernel oil normally bought by laundry soap makers.

The prospective investor first of all gets the factory set up by either renting a factory house, building a permanent or a temporary structure and then acquire the machines and equipment. The main machines and equipment for a small scale set up are, the Expeller, the Toaster and the Filter press.
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 7:26pm On Jun 10, 2020
Hello Folks, good evening
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 10:57am On Jun 12, 2020
Good morning folks
Below are some pictures of sample small scale factory houses

Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 3:50pm On Jun 17, 2020
Good afternoon folks

Let us look at the machines and equipment needed to start a palm kernel oil production factory.
The main machines are the oil expeller (crusher), the oil filter press machine and the toaster(dryer) for the small scale articulated vehicle axle locally assembled expeller set up. This type of set up is good for a start as it can be started with the most minimal capital outlay with good return on investment. This type uses the single press system and if properly managed achieves the normal 40% of oil extraction from the palm kernel nuts. 40% oil extraction is a norm and a standard for good expeller performance such that with good management an investor will make the normal profits acceptable in the industry internationally.

The main machines needed in the other system are the Malaysian type Flender Gear oil expeller and the oil filter press machine. This system is known as the double press system where one expeller will be doing the first press and the second expeller will be doing the second and final press, the two expellers working simultaneously the first expeller feeding the second expeller. The first expeller will crush the palm kernel nuts, extract a good amount of the oil content in the nuts and then the output palm kernel cake still containing between 12% to 14% of the oil will be transferred to the second expeller for the second and final press. The final output palm kernel cake from the second expeller should contain less than 7% oil. Ideally it should contain about 5% if the expeller is optimally managed

1 Like

Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 9:30am On Jun 19, 2020
Good morning folks
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by Jamescyray(m): 12:29pm On Jun 19, 2020
ozornet:
The Table of Content of our very rich Business Plan

TABLE OF CONTACT
1.0 Introduction = = = = = 1
1.0 Executive Summary = = = = 2
1.1 Mission and Objective = = = = 3
1.2 Keys to Success = = = = = 3
1.3 Critical success factors of the business = = 3
1.4 Vision and Mission Statement = = = 4
2.0 Company Summary = = = = 5
2.1 The Business opportunity = = = = 6
2.2 The Business of palm kernel crushing= = 6
2.3 The Raw Material = = = = = 7
2.4 Strategy and Implementation Summary= = 10
3.0 Economic contribution to local and national
Economy = = = = = = 11
3.1 Environmental factors = = = = 12
4.0 The machines and equipment == = = 12
4.1 The product = = == = = = 14
4.2 The Market = = = = = = 15
4.3 Marketing plan = = = = = 16
4.4 The product packaging and delivery = = 17
5.0 Organizational and Management plan= = 18
5.1 Key personnel of the organization = = 18
5.2 Manpower requirement = = = = 19
5.3 Management team = = = = = 19
5.4 Production process = = = = = 20
6.0 Milestones = = = = = = 21
6.1 Estimated capital expenditure needs = = 23
6.2 Financing plan = = = = = 23
6.3 Financing requirements = = = = 24
7.0 Business risk and mitigation factors = = 24
7.1 Swot analysis = = = = = 25
8.0 Assumptions = = = = = 26
8.1 Production plan = = = = =
8.2 Materials purchases budget for one year= = 27
8.3 Comprehensive production budget for one year = = = = = = = = 28
8.4 Segregation of costs into fixed and variable costs = = = = = = = = 29
8.5 Sales forecast for the first one year = = 30
8.6 Sales forecast for the first five years = = 31
8.7 Projected cash flow = = = = 32
8.8 Loan repayment plan = = = = 33
8.9 Loan repayment schedule = = = = 33
8.10 Projected income statement for the first one year 36
8.11 Projected condensed income statement = =
for the next five years = = = = = 38
8.11 Projected balance sheet as at the end = = =
of the first year = = = = = = 39
8.12 Projected condensed balance sheet for = = =
The first five year = = = = = 40
8.13 Project Investment decision and viability = =
Analysis = = = = = = 41
Main Ratios = = = = = = 42
Conclusions = = = = = = 43




Well done for this great write up.
How can someone get this business plan?
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 10:44pm On Jun 19, 2020
Good evening folks
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 4:13pm On Jun 20, 2020
Good evening and happy weekend
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 7:50pm On Jun 21, 2020
Good evening folks and happy Sunday
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by Nigerfine3: 8:12pm On Jun 21, 2020
ozornet:
Good evening folks and happy Sunday
Hi, I seconded the guy who ask; how to get your detailed business plan.
Well done
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 4:27pm On Jun 22, 2020
Good evening folks
Let us look at starting a small scale palm kernel oil production factory using the Nigerian built single oil press expeller (crusher), palm kernel nuts toaster (dryer), and oil filter press (for filtration).

Let us start by describing the individual machines and their uses and the processes that the kernel nuts pass as they go as raw materials to the finished products ready for sale.

In this single press system the nuts must be toasted before crushing with the expeller. The process of toasting can be done by spreading the kernel nuts in the sun for one day like from morning to the evening during the sunny dry season or for more than one day during periods when the sun is not shining well. The most common method is to use a toasting machine which can toast the nuts within an average of three and half hours depending on the season of the year or how wet the nuts are. The toasting machine is a cylindrical steel drum like tank that can contain about two and half tons of kernel nuts. The toaster machine is designed to dry the nuts and agitate the oil pores in the nuts in such a way that as the toasted nuts enter the crushing chamber of the expeller, the maximum oil in the nuts are released during the extraction process in the expeller.

Note that our system do not roast kernel nuts. Roasted or fried kernel nuts will produce black coloured palm kernel oil which is almost looking like the type our great grand mothers make in the villages and used as pomade and to rob on the navels of new born babies. The colour of your palm kernel oil is very important because the vegetable oil refineries who are the off-takers place a premium on golden clear coloured palm kernel oil (PKO)

1 Like

Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 5:57pm On Jun 22, 2020
TOASTED KERNEL NUTS

Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 6:06pm On Jun 22, 2020
TOASTED NUTS

Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 9:48pm On Jun 22, 2020
UNTOASTED NUTS

Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 3:57pm On Jun 24, 2020
Crushing:
The crusher also known as the expeller is the main oil extractor
The expeller is made of the electric motor and/or diesel engine, the main axle (articulated vehicle axle like Mark, Styer or Kamaz truck axle) and the crushing chamber. The electric motor and/or diesel engine is the prime mover which propels the expeller mechanism. The axle reduces the speed of the prime mover, adjusts and transfers the speed to the main shaft which rotates inside the basket of the crushing chamber.
. At the back end is the electric motor and at the front end is the cage and bars arrangement. All these are mounted and coupled together on a rectangular main frame solidly supported by three iron blocks. On top of the machine is a hopper through which the palm kernel nuts are fed into the machine
The crushing chamber is the place where the grinding and oil extraction action takes place. The main cage of the chamber is where the crushing activities take place. The main cage is made up of a basket of strong iron bars arranged and woven together to form a cylindrical cage inside which the main shaft rotates This specially designed strong iron bars (normally made from the main springs of an articulated truck vehicle) are laid side by side, and nut spacers in between them. The cage is designed with open slots from where the expelled oil drains out. The bars are very well laid so that there would be no clogging of oil or loss of solids in the main cage.
The extra heavy-duty main expeller shaft in the cage is made from ringed iron bar worms (normally made from the main springs of an articulated truck vehicle), that are assembled sequentially such that the worms snake round the shaft from back end to the tip. The thrust of the pressure worm is taken upon a large ball-thrust bearing which makes for smooth crushing operation and alignmentt.
As the kernel nuts are fed into the expeller through a hopper (funnel) and picked up by the rotating shaft, the nuts are propelled by the spiral ringed worms on the shaft and as it moves the nuts through the tight iron cage, the nuts are crushed and the oil squeezed out from the ground and crushed nuts. An adjustable cone is mounted at the front end of the main shaft. For maximum oil yield and to obtain the desired thickness of the cake, the cone point is adjusted to the desired pressure region. For maximum performance during press operation the adjustment should be three and half threads-in of the main shaft.
The oil drips out through slits made in the basket bars of the cage while the palm kernel cake whose oil is thoroughly extracted and dried is expelled through the front end of expeller cone point. The oil collects in a through under the expeller cage from where it is channeled into the primary tank of the filter press ready for filtration. The palm kernel cake is then collected into bags measured and packed and ready for sale.
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 11:30am On Jun 26, 2020
Good morning folks

Below are some videos of the locally made articulated vehicle truck axles



https://www.youtube.com/watch?v=Bz_f6J0pePw




https://www.youtube.com/watch?v=gIG_2fBKUng
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 7:00am On Jun 30, 2020
Good morning folks
After the expeller has crushed the kernel nuts and the oil expelled, the crude mud coloured oil is channeled into the underground primary tank of the Filter Press. From the primary tank the filter press machine picks the crude oil and forces it through its filtration chambers where the dirt and debris are removed and the golden clean clear palm kernel oil pushed out through its taps into a changeling trough that channels the clean oil into a secondary underground tank ready for pumping out to the storage tank
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 3:02pm On Jul 11, 2020
Good afternoon, folks
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 3:55pm On Jul 14, 2020
Hello folks, good evening
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 3:31pm On Jul 15, 2020
Good evening folks
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 12:03pm On Jul 17, 2020
Filter press machines being built at the workshop

Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 12:13pm On Jul 17, 2020
Running filter press

Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 12:18pm On Jul 17, 2020
This is what the finished and filtered palm kernel oil looks like

Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 5:58pm On Jul 18, 2020
Hello good evening and happy weekend
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 3:52pm On Jul 25, 2020
Good afternoon folks
Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 4:07pm On Jul 25, 2020
This is what the final palm kernel cake (PKC) looks like
You can observe the thin flakes and dry nature of the PKC showing high oil extraction efficiency of our expellers

Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 5:33pm On Jul 28, 2020
Good afternoon folks

Below is what the sludge oil looks like

Re: Great Money Making Opportunity: Tap Into This Under Exploited Goldmine by ozornet(m): 4:26am On Aug 14, 2020
Hello fans, good morning to you all

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