Palm oil production business is certainly profitable as the market for palm oil and the bye products of palm oil and oil palm fruit is available and always expanding both in Nigeria and beyond the shore of the country.

In recent years, the average cost of palm oil in 25 liters is 6,000 naira. The price is more in many areas like in the Northern part of Nigeria and a little cheaper is the rural areas of the coastal regions in Nigeria, especially around the Niger-Delta area. What’s certain, however, is that palm oil production business in Nigeria would earn you money which is rewarding.
With the above said, how exactly can one start a palm oil business in Nigeria is which is profitable?

1. Have a business plan.
A business plan is very important if you intend to go into palm oil production. You need to go around for market surveys. Check what is obtainable in the market. What the cost of palm oil is in your neighborhood, your state of residence and in other parts of the country. see details below: https://danchino2k..com/2018/09/palm-oil-production-business-in-nigeria.html