₦airaland Forum

Hello everyone,

My name is Elijah Donatus Ukaonu, but I go by Lotanna Wallace here on the forum.

I’m a young palm oil miller based in Nigeria, focused on producing and supplying quality, well-processed palm oil. I am still growing in the business, but I am committed to consistency, hygiene, and delivering value to my customers and partners.

I’m here to connect with like-minded people, learn more about the trade, and also expand my reach to buyers and distributors who value clean and reliable palm oil supply.

If you are into food supply, retail, or bulk buying, feel free to connect with me. I’m open to discussions, partnerships, and honest business relationships.

Thank you for having me in the community.

— Lotanna Wallace

https://youtube.com/shorts/N-ATVgbFPTU?si=o7BTnLZKqKfwGTxN

From fresh palm fruits to clean red oil – this is how I ensure quality in every batch.

Am not allowed to post vidoe whatsoever here...

Still on the process of delivering...

Not all palm oil is the same.
What I focus on is simple: ✔ Fresh extraction
✔ Clean processing
✔ Natural taste and color
✔ No mixing or artificial additives
What you get is pure, well-processed palm oil straight from the mill.
Quality you can trust.

How to identify good palm oil 👇
It has a natural deep red color
It has a fresh smell (not sour or chemical)
It is not overly watery or too thick
It should not contain strange particles or foam
Many people buy cheap oil and later regret it.
Always check quality first, not just price.

🔥 PALM OIL UPDATE – ₦36,000 (25L) 🔥
As a palm oil miller, I give you the real market situation.
Current price of quality red palm oil is around ₦36,000 per 25-litre keg, driven by low palm fruit yield, high processing costs (firewood, labour, milling), and rising transport expenses.
🌴 What this price reflects:
Freshly milled, properly processed oil
Rich red colour & natural aroma
Low water content, better shelf life
No dilution, straight from production
📌 As a miller, I don’t speculate — I produce. And this price reflects the true cost of quality in today’s market.
Quality is not cheap. Value speaks. 🌴

Why You Should Invest in Palm Oil Storage

(Simple Explanation)

Palm oil storage simply means buying when it’s cheap and keeping it until the price goes up.

Here’s how it works in simple terms:
When palm oil is plenty in the market, the price is usually low. That is the time smart people buy and store. Later, when the season changes and palm oil becomes scarce, the price goes up.
So instead of rushing to buy when everybody is buying and price is high, you already have yours stored and you can sell when others are struggling to find it.

Palm oil is also something people use every day — for cooking, food, and business — so people will always buy it no matter the price. That makes it a safe product to store.

In short:
Buy when price is low
Store it safely
Sell when price rises

That’s how people quietly make profit in palm oil business without stress or guesswork.

Palm Oil Storage Profit Breakdown

Buying price now: ₦37,000 per measure (let’s assume per 25L drum equivalent for simplicity)
Selling price during scarcity: ₦55,000 – ₦65,000+

💰 Scenario 1: Sell at ₦55,000
Profit = ₦55,000 − ₦37,000
= ₦18,000 profit per unit

💰 Scenario 2: Sell at ₦65,000
Profit = ₦65,000 − ₦37,000
= ₦28,000 profit per unit

📦 Now scale it (this is where it gets serious):
If you store:
10 units:
Profit = ₦180,000 – ₦280,000
50 units:
Profit = ₦900,000 – ₦1.4M
100 units:
Profit = ₦1.8M – ₦2.8M

🔑 Simple truth:
You’re not really “selling palm oil”…
You are buying low, waiting, and selling higher because supply becomes tight.

That difference between ₦37k and ₦55k/₦65k is where the real money is made.

LotannaWallace:
Palm Oil Storage Profit Breakdown

Buying price now: ₦37,000 per measure (let’s assume per 25L drum equivalent for simplicity)
Selling price during scarcity: ₦55,000 – ₦65,000+

💰 Scenario 1: Sell at ₦55,000
Profit = ₦55,000 − ₦37,000
= ₦18,000 profit per unit

💰 Scenario 2: Sell at ₦65,000
Profit = ₦65,000 − ₦37,000
= ₦28,000 profit per unit

📦 Now scale it (this is where it gets serious):
If you store:
10 units:
Profit = ₦180,000 – ₦280,000
50 units:
Profit = ₦900,000 – ₦1.4M
100 units:
Profit = ₦1.8M – ₦2.8M

🔑 Simple truth:
You’re not really “selling palm oil”…
You are buying low, waiting, and selling higher because supply becomes tight.

That difference between ₦37k and ₦55k/₦65k is where the real money is made.

In all this u no state ur location
What is the possibility that oil price will hit 60k+ during off season.

Was waiting for you to say your location?
What guarantee are you giving that you ain't selling mixed palmoil?
You stated #37,000, does that include the price of keg?

You didn't include price of keg and transportation in your profit analysis

Shantyken:
In all this u no state ur location
What is the possibility that oil price will hit 60k+ during off season.

I operate from Uyo / Obot Akara (production zone).
60k+ is not certain — but history shows that during off-season, when supply drops, prices can move aggressively upward.

Last year's price did hit 60k+

Yampotatocarrot:
Was waiting for you to say your location?
What guarantee are you giving that you ain't selling mixed palmoil?
You stated #37,000, does that include the price of keg?

You didn't include price of keg and transportation in your profit analysis

On quality (mixed or not)
As a miller, I process directly from palm fruit. No mixing. What determines quality is the processing method — and I maintain clean extraction with proper settling, so the oil is thick, rich, and stable.

On ₦37,000 price:
That figure is for oil only at source.
Keg, logistics, and handling costs vary depending on buyer location and quantity, so they weren’t included in that basic breakdown...

Location: uyo/Obot-akara axis...akwa ibom

LotannaWallace:
On quality (mixed or not)
As a miller, I process directly from palm fruit. No mixing. What determines quality is the processing method — and I maintain clean extraction with proper settling, so the oil is thick, rich, and stable.

On ₦37,000 price:
That figure is for oil only at source.
Keg, logistics, and handling costs vary depending on buyer location and quantity, so they weren’t included in that basic breakdown...

If you can send down your kegs, fine by us but if u can't we would help you source for kegs down here... kegs 4,500 at least

⚠️ Storage Season Is Closing — Palm Oil Prices Don’t Wait...

The window to secure palm oil at favorable rates is gradually closing. As supply reduces, prices naturally rise — it happens every season.

Those who understand the cycle are already stocking up. The question is… are you positioned or watching from the sidelines?
In this business, delay costs money. Early action creates profit.

💰 STOP WAITING MONTHS FOR RETURNS…

Some people lock ₦1M for 1 year and celebrate 15%…
Meanwhile, others flip the same money in palm oil and make 20%+ in weeks 👀

Here’s the difference 👇

🌴 Palm Oil Business
✔️ Fast turnover (days/weeks)
✔️ Higher profit potential (15%–40% per cycle)
✔️ You control buying & selling price
✔️ Can reinvest immediately (compound fast)

🏦 Other Investments (T-Bills / Savings)
❌ Locked for months
❌ Fixed returns
❌ No control
❌ Slow growth

Real talk:

Palm oil is not just “buy and sell”…
It’s a cash-flow system.

While others are waiting for maturity dates,
you’re already on your next profit cycle 🔁

📍 Uyo / Obot Akara
🚚 Nationwide delivery available

💵 Want to:

- Buy quality palm oil?
- Or learn how to profit from it?

⚠️ I’m taking limited serious buyers/investors this week

📲 Send me a message now — let’s get you earning.

💰 STOP WAITING MONTHS FOR RETURNS…

Some people lock ₦1M for 1 year and celebrate 15%…
Meanwhile, others flip the same money in palm oil and make 20%+ in weeks 👀

Here’s the difference 👇

🌴 Palm Oil Business
✔️ Fast turnover (days/weeks)
✔️ Higher profit potential (15%–40% per cycle)
✔️ You control buying & selling price
✔️ Can reinvest immediately (compound fast)

🏦 Other Investments (T-Bills / Savings)
❌ Locked for months
❌ Fixed returns
❌ No control
❌ Slow growth

Real talk:

Palm oil is not just “buy and sell”…
It’s a cash-flow system.

While others are waiting for maturity dates,
you’re already on your next profit cycle 🔁

📍 Uyo / Obot Akara
🚚 Nationwide delivery available

💵 Want to:

- Buy quality palm oil?
- Or learn how to profit from it?

⚠️ I’m taking limited serious buyers/investors this week

📲 Send me a message now — let’s get you earning.

Watch how quality palm oil is processed from production to packaging:

https://youtube.com/shorts/N-ATVgbFPTU?si=o7BTnLZKqKfwGTxN

What do you look for when buying palm oil?