peacealways:
You are doing a great job for this write up but your explanation and break down on palm kernnel (pkn) process is more details than soybeans please can you do the same for soybeans. Please out of this three soybeans, palm kernnel , Groundnuts which one is the best interm of rawmateria, market, and profit

Peacealways, thanks for your comments, we shall also do justice to soyabean processing in this thread. For groundnut, shea butter etc, we shall discuss them at our other threads such as the Agriculture category of Nairaland

Good evening folks

Good evening, folks

Good afternoon, folks

Wow, this is so informative, everything one would need to get started has been stated already.

However, I would like to add that it's really not easy to start a business in Nigeria especially when one is relying on monthly salary which is usually used for just daily upkeep with little or nothing left to save or start a business.

But the good news is, there are financial institutions like Page Financials that offer quick loans in Lagos of up to N5million to salary earners who would like to start such a business or pay heavy bills.

If you fall within this category, visit www.pagefinancials.com now or get a loan here.

Good afternoon folks. Welcome once again to your favorite small scale business opportunity in soyabean processing

Good morning and happy new week, folks
Comments, inquiries and questions about Soyabean processing are highly welcome

Welcome to your soyabean processing thread

Good evening and happy Christmas

Those who are interested in soyabean processing business but have limited start up capital should consult us on ways to raise between N5 million and N10 million without collateral.

Happy new year and welcome to 2019

Those who are interested in soyabean processing business but have limited start up capital should consult us on ways to raise between N5 million and N10 million without collateral.

Hello folks, good morning. Please vote wisely for a better Nigeria.

ozornet:
Soyabean processing is a very profitable business that can be started on a small scale in Nigeria

Which companies mainly use soyabeans as a raw material and what is it used to produce?

NairalandAngel:


Which companies mainly use soyabeans as a raw material and what is it used to produce?

Soyabean seeds can be processed into many other products such as Soyabean oil, Soyabean cake, Soyabean milk, Soyabean flour, etc.

In this thread we are paying attention particularly to processing Soyabean seeds into Soyabean oil and Soyabean cake/meal. Soyabean oil is refined into edible vegetable oil. Soyabean cake/meal is a major raw material for the animal and poultry feed meal industry. These output of a Soyabean seeds processing factory are constantly in hot demand all year round.

Hello my good folks

Good evening, my good people

Good evening folks

Good evening and happy weekend, my good folks

Good evening, folks

Good evening, folks



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Hello folks, I wish you all a happy Easter Saturday

Hello folks, I wish you all a very good morning

I have soya beans in bulk for sale contact me zero seven zero six two two nine seven nine five eight I can supply to any location

Hello folks, happy weekend to you all

Hello folks, good afternoon.

*Think OutsideTheBox*

Your boss pays you N30,000 per month.
Now let's assume that you decided to save all without touching a dime, it would take you 36 months to make N1million.

(Did I hear you say 3years?)

Absolutely!

On the other hand, if you can convince an organisation like Dangote Group to print and supply 5000 umbrellas to them (to be used as souvenirs) and you make just N200 profit per umbrella, in just one day you must have made N1million.

What about becoming a billionaire, that is where it gets crazy!

Now let's increase your pay to N1,000,000 per month and you decide to save all without touching a dime. In a year, you must have saved N12million. It would take about 84years before you can make N1billion. (Please subtract your current age).

On the other hand, Nigeria has a population of about 200 million people, If you can supply salt to just 12million people once in a month and you make just N200 from each person supplied, in one year, you must have made N2.9billion.

This shows that to become rich, you have to stop talking to bosses and start talking to clients.

*HARD ANALYSIS:*

Divide your SALARY by 30 days and see what you get (i.e. the number of days in a month and see the funny thing about your salary plan).

For example,
(1) An average level-12 worker in the state government civil service earns NGN 60,000.
**** And this translates to NGN 60,000÷30= NGN 2,000 every day. This is LESS THAN the amount made daily by an AVERAGE HAWKER in the city.

(2) A freshly EMPLOYED GRADUATE BANKER in most NIGERIAN BANKS earns an average of NGN120,000 monthly.
***So everyday, you get NGN120,000÷30= NGN4,000 as the daily value for your work-life. By implication, this is LESS THAN the amount earned DAILY by an AVERAGE DRIVER in d city and in some villages.....

(3) If you are a FRESH GRADUATE EMPLOYEE in some oil companies, you earn an average of NGN300,000 monthly. So in a day your WORK-VALUE is NGN300,000 ÷ 30= NGN10,000
**** This is LESS THAN the daily amount earned by an IRRIGATION FARMER supplying vegetables to Lagos MARKETS, a TIPPER CAR DRIVER supplying sand for three BLOCK INDUSTRIES and CONSTRUCTION SITES just 3 times a day and DRIVERS of DANGOTE TRUCKS who have bought off the trucks at scrap value and were using them to convey products between villages and the cities for just five business owners.

--------->>>HOPE BY NOW, IT IS SINKING IN, RIGHT?

And when there is an ISSUE in the FAMILY that requires FINANCIAL ASSISTANCE, the DRIVERS, HAWKERS and the rest are looking up to you with a WHITE COLLAR JOB.

(4) If you are an NYSC MEMBER, you DON'T need to be told that:
*****NGN19,800÷30 = NGN 660 is your worth on a daily basis.
I hope you know that PURE WATER SELLERS who own a shop, a pepper soup joint and a small TOYOTA COROLLA car to distribute pure water to five restaurants earn MORE THAN you and WHEEL-BARROW PUSHERS working on contract for three warehouses probably make MORE MONEY than you EACH DAY

............
Wake up and be more productive. We should be more proactive, create room for more income and strive to diversify our streams of income.

The earlier you wake up and smell the coffee, the better for you......

Someone right now will say this analysis is too ideal to be true but take your time and do it, you will grasp the crux!!!

STOP waiting for the Government to feed you, feed yourself and help the Government feed others. That is where we are in this age....

I wish you an Entrepreneurial mindset...... Think ENTREPRENEUR, THINK PROPERENEUR.
Buss me for more discussion

*MY BIGGEST MOTIVATION FOR THIS WEEKEND*�����

*if you don't want to become liability in life, sit down and plan your life*

*Your life is your personal responsibility, give it attention*

*Assuming that things will become better without taking any major steps will lead to chronic frustration*

*Don't live your life to impress people*

*Stop hanging out with those that celebrate your mediocrity*

*Don't be comfortable with poverty*

*Saying e go beta, without making any moves, will make you bitter tomorrow*

*Hope is good but not the right Strategy for Success*

*Wake up from ur slumber*

*This is your life, don't just exist. Live it to the fullest*

*Do more with your life than other*

*Don't be a spectator*

*Stop blaming everyone for your situation*

*Stop suspecting everyone for your situation*

*Do something different today*

*Claiming every prophecy without taking a corresponding action is deceiving yourself*

*Think more than other...*

*Do more than other...*

*Become more than other...*

*Develop New Habits of Success*

*NEVER KILL A BUSINESS IDEA because it sounds crazy to you. Remember someone taught of metal floating on water (SHIP): sounds crazy but today, it's happening.*

*If you try and succeed, cool �� you will make a great mentor to someone.*

*Never quit without a try, don't be a coward� go get your goal��*

*MTN* came to Nigeria at a time when nobody wanted to invest in Nigeria, at a time when Nigerians did not have phones. Even *Zenith Bank* refused to loan *MTN* cash to operate, *UBA* rejected *MTN's* offer but today see the difference.

What about *Cowbell?* When they came to Nigeria, they made milk in sachets, *Peak was laughing at them - they said Cowbell was milk for the poor* - but they were right!
3-million poor people could afford N10 a day for a sachet of milk.
Do the mathematics - 3 million people buying milk at N10.00 - that was N30million every single day. In a month they grossed N900million (almost N1billion). Even *PEAK* had to make sachet milk in order to *SURVIVE in the MARKET.*

So what have people told you? What have they said you cannot do, or you do not qualify for, or you do not have experience for?

A time is coming when rabbit meat will saturate the whole of Nigeria market. I don't expect it to make sense to you. If it did, it would have been your dream not mine. I am going to champion that course, before every any other sees the profitably in it. I am going to sell it cheaper than every other meat in the Nigerian market.

They told *Cowbell,* they told *MTN,* but today the *STORY has CHANGED.* I have a feeling something is changing for you today! They will change their strategies just to keep in step with you. Don't listen to what people are saying or what life is showing you.

*YES, YOU CAN.*
Success is not about where you graduated from, or what grade you graduated with, but what graduates
out of you.

Keep the spirit alive!
Think success, think business ideas and go after them and over time, you'll be glad you took that step!


*SEE YOU AT THE TOP!*

ALWAYS BE POSITIVE

Once upon a time there was a bunch of tiny frogs ��� who arranged a running competition. The goal was to reach the top of a very high tower. A big crowd had gathered around the tower to see the race and cheer on the contestants.

The race began…

Honestly, No one in crowd really believed that the tiny frogs��� would reach the top of the tower. crowd yelled statements such as:

“Oh, WAY too difficult!!!”

“They will NEVER make it to the top.”

“Not a chance that they will succeed. The tower is too high!”

The tiny frogs��� began collapsing. One by one. Except for those, who in a fresh tempo, were climbing higher and higher.

The crowd continued to yell, “It is too difficult!!! No one will make it!”

More tiny frogs ��� got tired and gave up. But ONE continued higher and higher and higher. This one wouldn’t give up!

At the end everyone else had given up climbing the tower. Except for the one tiny frog who, after a big effort, was the only one who reached the top! THEN all of the other tiny frogs naturally wanted to know how this one frog managed to do it?

A contestant asked the tiny frog� how he had found the strength to succeed and reach the goal? It turned out. That the winner was DEAF!!!

:: Moral of the Story ::
Never listen to negative people because they take your most wonderful dreams and wishes away from you — the ones you have in your heart!

Always think of the power words have. Because everything you hear and read will affect your actions!

Therefore, ALWAYS BE POSITIVE!

Be DEAF when people tell YOU that you cannot fulfill your dreams! Always think: God and I can do this…

I wish my esteemed fans a happy independence anniversary

CHICKEN AMONG EAGLES

When in 1990, then All States Trust Bank, advertised for vacancies to employ young graduates, the minimum requirement was a Second class upper (2:1) Degree.

In spite of his third class result, he went ahead and submitted his application. In it, he wrote...

"I know I may not have met the qualifying criteria for the advertised roles, but I am INTELLIGENT, DRIVEN, AMBITIOUS and I will make the bank proud. My third class degree does not demonstrate the full extent of my intelligence and ability, and I know I can do so much more," part of his cover letter read.

These words caught the eye of the Chairman/CEO at the time, who decided to give him a chance despite being "unqualified". The 27-year-old was hired as an entry-level analyst after passing the due process.

In twelve months, he became the youngest bank branch manager at the time.

The young man, is ANTHONY ONYEMAECHI ELUMELU who later became the
MD/CEO of Standard Trust Bank,
MD/CEO of UBA (now Chairman),
Chairman Heirs Holdings
as well as Founder, Tony Elumelu Foundation.

He is on Forbes list of the top 50 richest people in Africa worth over $700 Million (as at 2015).

My dear friends, don't be discouraged by the requirements of men, take that chance with courage and give it your best shot.

I hope this story inspires someone today.