Palm Oil Packaging Business Venture

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Palm oil, a product gotten from the processing of fresh fruit bunch {oil palm tree} forms an important part of the local diet in Nigeria because animal fats such as milk and butter are hardly consumed. 

 It is used both as a cooking material and as an ingredient in soups, sauces and a variety of local dishes. 

 Consequently, there had long been a thriving market for palm oil both within the main areas of production in southern Nigeria and between these regions and the non-palm oil producing northern region. 

This business is one of the booming businesses that is prominent in the agricultural sector in Nigeria engaging entrepreneurs ranging from small scale palm oil traders to large scale farmers and those who own a palm oil processing factory.

 Palm oil business opportunity is one that should be jumped at any time and not to be procrastinated over.

 To be engaged in this industry you can play in one of the following areas highlighted below:

       Buying and selling of palm oil in Nigeria

       Palm oil Packing and selling
       Palm oil export business in Nigeria
       Palm oil plantation business in Nigeria
       Engage in palm oil processing in Nigeria

For the purpose of this write up we will be talking of Palm Oil Packaging Business:

This is the business of branding and packaging of red palm oil in a plastic container or sachets.

It is the same thing with buying and selling of palm oil in the market but in this case, you added value to it by making it handy, hygnic and branded.

The return on investment is sure, it is commonly used for cooking and is considered one of the best oils for frying, palm oil a highly sought-after commodity in homes, restaurants and food processing industries, but your source of palm oil is a major factor that needs to be considered before going into this lucrative business venture.

You can buy from the open local market every market days or palm oil processing plants.

Requirement For Palm Oil Packaging Business

For instance Nsukka palm oil is considered to be one of the best palm oil, but very expensive so you need to know all the market days in nsukka such as Obollo Afor market,Eke Ozzi,Ore Igbo Eze/Oba and Nkwo Ibagwa.

You can as well buy from other areas such in kogi state,Edo, Abia, cross river, rivers.

The Market

This is a good business to venture, but you must make sure your raw material which palm oil is very hygienic and good edible one that one can use and come back again.

 The major challenges in this business are price fluctuation as a seasonal product.

Contacts on sourcing palm oil are available for both storage and packaging.



Source: Daily Independent

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