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Total Cost Of Setting Up A Palm Oil Processing Plant In Nigeria - Agriculture - Nairaland

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Total Cost Of Setting Up A Palm Oil Processing Plant In Nigeria by cookingoilplant(f): 11:00am On Apr 03
Bright future of palm oil processing industry in Nigeria
Technology and energy has been the main focus of the world’s development today, therefore, those who have invested in agriculture now have made good profits and their earnings still keep increasing. Although agriculture business bring great profits for many entrepreneurs, few of them dare to venture into one segment - that is palm oil business.

Nigeria was the largest palm oil market between 1950s to 1960s. At that time, its palm oil production had exceeded its domestic consumption, and the exceeded part was exported to the world’s market. However, the development of palm oil production was adversely changed after that. There were three main factors that had great impact on the development of palm oil processing plant in Nigeria - the discovery of petroleum deposit in Nigeria, Nigeria civil war and the traditional and out-of-date palm oil processing machines and techniques. As a result, Nigeria is no longer the leader of palm oil production in the world. It has been outpaced by Malaysia and Indonesia. The lower palm oil processing or production ability can’t match the increasing demand of palm oil, which now provide great opportunity to tap and expand the palm oil processing ability and make profits from it.

Advantages of setting up a palm oil processing plant in Nigeria
According to World Rain-forest Movement, oil palm was originally planted in the the Nigerian coastal plain and later was migrated to other inland places. So, oil palm is the most important crop in Nigeria. Setting up a palm oil processing plant in Nigeria would minimize the cost on raw material purchase and transportation. What’s more, Nigeria has great demand of crude palm oil. It would be very convenient to produce and sell palm oil in Nigeria, which must be a profitable business.

Total cost of setting up a palm oil processing plant in Nigeria
How much it will cost to set up a palm oil processing plant in Nigeria? Generally, the total cost of establishing a palm oil processing plant plant will be decided by many factors, including the palm oil processing capacity, the quality and quantity of palm oil processing machines and equipment, the palm oil suppliers and more. Therefore, the exact cost of setting a palm oil processing mill plant in Nigeria would vary from the different requirements and specific situations. Usually, the price of one set of small palm oil processing machine with a capacity of 50 tons is appropriately between $ 300,000.00 or more. The price of more sophisticated palm oil processing machines with bigger capacity will be more than $ 500,000. A complete palm oil processing mill plant with a capacity of 50 tons is about $ 600,0000. And, a full complete palm oil production line with capacity of 10 tons is $ 800,000 around. It should be noted that the final cost will be decieded by many aspects. The total price on setting up a palm oil processing plant plant is floating. If you are interested in the latest price, please tell us your capacity and raw material, we can quote your the best price within 24 hours!

Henan Doing Company, the top-rated palm oil processing plant plant supplier in China, has gained rich experience to provide the BEST palm oil processing machines in Nigeria. We boasts professional design and development team to customize the advanced palm oil processing machines and techniques for our Nigeria customers. Believe it or not, there, you will enjoy the first-class service and premium quality machines. You are welcomed to contact us for more detailed information about the palm oil processing plant and palm oil processing machines. We will offer you the specific list of palm oil processing machines and quote the latest cost of palm oil processing plant.

Contact information:
https://www.palmoilextractionmachine.com
https://www.palmoilprocessingmachine.com
https://www.palmoilextractionmachine.com/palm_oil_processing_machine/
whatsapp/wechat/mobile: +86 13526627860
Email: lisa@doinggroup.com

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Re: Total Cost Of Setting Up A Palm Oil Processing Plant In Nigeria by maestro299: 12:06pm On Apr 03
A very lucrative venture...

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