koonbey: Hi, There are 3 Pieces of unused Groundnut Oil Expellers available for Sale. Please call 08137523769 or Email ademola9@outlook.com.

agonbello:
Picture and price

agonbello:
Different oil bearing seeds are produced in Nigeria to include groundnut seed, cotton seed, soyabean seed, palm kernel seed, melon seed of which vegetable oil can
be extracted from.

Due to the ban on the importation of vegetable oil, the nation has witnessed a deficit in supply of the
product though much improvement has been recorded in the local production of the product.

The market for gnut oil and groundnut cake is national. With a population of over 165 million people and an estimated national population growth of 5.7% per annum, an average economic growth rate of 3.5% per annum in the past five (5)
years, Nigeria has a large market for groundnut oil and its by-products.

The above facts make the project to be economically viable.

The market for these products is large is large, expanding and sustainable.

At a small scale, the business is simple to set-up and operate. It involves procuring groundnut seeds and processing it to give groundnut oil, groundnut cake, and groundnut sludge.

The machinery necessary for this business are:

Seed-Fryer, oil-expeller and oil-refiner.
The latest cost and description of the machinery are detailed below:

1. Electrical Seed-Fryer

»Function: Fries/roast the crushed nuts. This process heats up the crushed nuts, thereby exciting the oil molecule content of the nuts.

»Price: N480, 000.

2. Oil-Press (2T/D)

»Function: Presses the heated nuts and expels the oil content of the nuts via the oil exit chamber, while the cake is collected via the cake exit
chamber.
»Price: N450, 000

3. Oil-Refiner

» Function: Refines and purifies the extracted oil, thereby removing the free fatty acid content of the oil, clarifying its colour and improving its flavour.
»Price: N500,000

Other things you will need are weighing-scale, drums, containers, etc

PROFITABILITY.

One (1) tone of good groundnut seeds produces an average of 430 litres (2.5 drums) of oil, 420Kg of cake and 40Kg of sludge.

The current price of the products (in kaduna state) are:

Groundnut seed – N150, 000 per tone
Groundnut cake – N85 per Kg
Groundnut oil – N60,000 per drum
Groundnut sludge – N40 per kg.

So, if one tone of groundnut seed is processed, the sales will be:

Oil » 2.5 x N60,000 = N150, 000
Cake » 420 x N85 = N35, 700
Sludge » 40 x 40 = N1, 600
Total sales = N187, 300.

Direct cost of sales = N150, 000
Contingency = N5,000
Profit = N32, 300.

The above profit is for processing 1tone of groundnut seeds.

Now, if you process 2 tone per day, you get N32,300 x 2 = N64,600 per day as profit, which by extension implies a monthly profit of N1,550,400 (24days). Profit increases as production increases.

Note: If you plan to package your oil, then you have to do more research on cost of packaging which isn't included in this analysis.

MARKETING

The market for all the products is readily available. Feed-mill companies always patronise groundnut oil mills for groundnut cakes. Many of them pay in advance so as to get a quick and regular supply.

Groundnut oil dealers are always there to buy the oil as long as you sell at a competitive price.

Wishing you all the best in your quests.

agonbello:
Different oil bearing seeds are produced in Nigeria to include groundnut seed, cotton seed, soyabean seed, palm kernel seed, melon seed of which vegetable oil can
be extracted from.

Due to the ban on the importation of vegetable oil, the nation has witnessed a deficit in supply of the
product though much improvement has been recorded in the local production of the product.

The market for gnut oil and groundnut cake is national. With a population of over 165 million people and an estimated national population growth of 5.7% per annum, an average economic growth rate of 3.5% per annum in the past five (5)
years, Nigeria has a large market for groundnut oil and its by-products.

The above facts make the project to be economically viable.

The market for these products is large is large, expanding and sustainable.

At a small scale, the business is simple to set-up and operate. It involves procuring groundnut seeds and processing it to give groundnut oil, groundnut cake, and groundnut sludge.

The machinery necessary for this business are:

Seed-Fryer, oil-expeller and oil-refiner.
The latest cost and description of the machinery are detailed below:

1. Electrical Seed-Fryer

»Function: Fries/roast the crushed nuts. This process heats up the crushed nuts, thereby exciting the oil molecule content of the nuts.

»Price: N480, 000.

2. Oil-Press (2T/D)

»Function: Presses the heated nuts and expels the oil content of the nuts via the oil exit chamber, while the cake is collected via the cake exit
chamber.
»Price: N450, 000

3. Oil-Refiner

» Function: Refines and purifies the extracted oil, thereby removing the free fatty acid content of the oil, clarifying its colour and improving its flavour.
»Price: N500,000

Other things you will need are weighing-scale, drums, containers, etc

PROFITABILITY.

One (1) tone of good groundnut seeds produces an average of 430 litres (2.5 drums) of oil, 420Kg of cake and 40Kg of sludge.

The current price of the products (in kaduna state) are:

Groundnut seed – N150, 000 per tone
Groundnut cake – N85 per Kg
Groundnut oil – N60,000 per drum
Groundnut sludge – N40 per kg.

So, if one tone of groundnut seed is processed, the sales will be:

Oil » 2.5 x N60,000 = N150, 000
Cake » 420 x N85 = N35, 700
Sludge » 40 x 40 = N1, 600
Total sales = N187, 300.

Direct cost of sales = N150, 000
Contingency = N5,000
Profit = N32, 300.

The above profit is for processing 1tone of groundnut seeds.

Now, if you process 2 tone per day, you get N32,300 x 2 = N64,600 per day as profit, which by extension implies a monthly profit of N1,550,400 (24days). Profit increases as production increases.

Note: If you plan to package your oil, then you have to do more research on cost of packaging which isn't included in this analysis.

MARKETING

The market for all the products is readily available. Feed-mill companies always patronise groundnut oil mills for groundnut cakes. Many of them pay in advance so as to get a quick and regular supply.

Groundnut oil dealers are always there to buy the oil as long as you sell at a competitive price.

Wishing you all the best in your quests.

cjie:
I want GROUNDNUT CAKE in a larger quantities if you have any link contact me on 08062150814 or collinagba5@gmail.com

cjie:
I want GROUNDNUT CAKE in a larger quantities if you have any link contact me on 08062150814 or collinagba5@gmail.com

Coolasd:








I sell soya cake , groundnut cake , groundnut oil and soya oil. We are located in kaduna. Number is +2348036130992, email is okunadea@yahoo.com. Please contact me I think we can work something out. Thanks.

Coolasd:



we produced groundnut cake and soya cake in large quantity. Also we produce unrefined soya and groundnut oil. We are based in kaduna state. Email address is okunadea@yahoo.com.