On the list of the most lucrative businesses in Nigeria is Palm Oil business.
This is one of the few Nigerian businesses that guarantees you more than 100% ROI and is unbelievably easy to start and manage. In short, palm oil business brings you cool money without stress.
But why is this business so lucrative?
Palm oil is used for a number of things which makes it a very hot, high-in-demand product. Some of its uses include-:
- Cooking-: Palm Oil contains a lot of vitamins and essential nutrientsand is commonly used as a cooking ingredient.
- Manufacturing-: Palm oil is an essential ingredient in manufacturing a number of products like cosmetics, food items and personal care supplies.
- Drugs-: Palm oil is also used in manufacturing some drugs like vitamin supplements.
- Pet Feed Manufacturing-: Palm oil is used in making pet feed as well.
- Exportation-: Palm oil products and by-products are also popularly demanded in the international market.
So when you start marketing your palm oil business, these are the industries you should focus on.
Palm Oil Production Season
Unlike other types of businesses, this is a business that has its seasons and not an all-year round kind of business.
The Palm oil peak season starts in February through April/May. This is when you would buy your palm oil in large quantities in wait for the off-peak period.
During Peak Periods, you could get a 25 liter keg of Palm oil for as low N4, 000 which could be sold for as much as N8, 000 between July and January which is the off-peak season.
To start this business, these are the steps to take-:
Capital
The amount of capital you need to run this business depends on you and the scale of business you want to run but you may need between N100, 000 and N1 Million or more for this business.
The most important thing however, is to have your capital ready for when the peak period starts. This is also a business that involves tying down of capital for a long time so you may want to take note of that when borrowing money from financial institutions or when sourcing for investors.
Look for a Storage Space
You need a place to store your goods in wait for the off-peak period; somewhere cool, dry and safe. If you have a room that you do not use in your home often, you could make do with that or rent a place you can make use of.
You also need a couple of 25-liters kegs which you would use to store the palm oil.
Source for Products
You can get palm oil cheaply during peak period from places like Delta State, Bayelsa State, Imo State, Rivers State,Abia State, Akwa Ibom, Ondo State, Edo State and Rivers State.
It is very important to buy Palm Oil of good quality. This would make it easier for you to get customers to sell to.
Source for Buyers
Like I already mentioned above, you need to wait for the off-peak period which basically starts in July and then start to sell your products.You can sell to individuals (Wholesalers), food companies or any of the buyers mentioned above.
Hi Hakeem, my name is Hauwa’u Abubakar from kebbi state please how can I trust and believe to start business with your company products milk and tomatoes here in kebbi please reply back
I am in koko, Kebbi state. I sell Palm oil. Contact me on 09062106545 and let’s talk business.
I also sell milk, tomatoes, rice, sugar and spaghetti.
Am Gospel from rivers state but based in Lagos state and am into palm oil business and I need a sincere business partner that I can know him /her and they we know me too. I know the business very well and this is contact to reach me 08095841020.please I don’t need scammers
Am Florence I basse in Edo State, Benin city am a supplier of palm oil, I can supply 30 to 40 gallon at once here is my contact 09068606373
Pls how much do u sell 25 liters?
Here is my Whatsapp no. 08102636476
Am Hakeem from USA and i own a company in Nigeria lagos, and the company is on sell. We produce milk and tomatoes.please interested someone should email me or call me on this 08187066450
Please I want to buy good quality palm oil in large quantity,if you sell please send me you price for 25lit and were your are based serious people please here is my number 07061964041
Good day my name is freeborn, i basse in kano state nigera. I can supply u palm oil in a large quantity from edo state.25liters is 9000, fro qualutity palm oil this is my number 09030077621
Any one with a palm oil mill where I can come and mill my palm fruit pls call me on 09090690716. The name is Godwin
i have good original palm oil in large quantity and can supply nation wide even export to other countries if u are intrested u can reach me through this line 08063846347 a trial will convince u we are real.
hello, my name is linda and i urgently need a large quantity of palm oil in lagos state,kindly send me your price list per liter via email- nikky4eve@yahoo.com
Call me madam let’s talk am a supplier 08187066450
get quality palm oil from akwa ibom state contact 07037064144
Pls am in rivers state . Am interested in the biz. Kindly contact 08148234426
pls I need someone who is already successful in this business to chat me up….cool deal for you…08132548319
Am interested in the business but am not well rooted in the methods of operation.
Any help please?
i need a quotation for palm oil from nigeria. am ben in ghana. l actually want import palm oil from your end so l need the following:
1. cost price per 25 litres. it must include one with transportation cost and one without transportation
2. the weight of 25 litres gallon filled with oil in kilograms
3. what is the price of 25 litres during the peak season
4. what is the price of 25 litres during shortage season
5. can you supply 40-footer container to ghana?reply me only by mail:benjiarthur99@gmail.com
PLS I MEAN BUSINESS, NO JOKES
We can supply you with the oilpalm sprouted nut to start your own nursery
as of now is 9000 and in peak season can be 15000-20000 you can call for more details 00393512549279
i want to start, how do i go about it
Am David by name and am interested in this business, am currently based in Abuja, anyone who can put me through this business modes operandi should please contact me on whatsapp 08039347206 ,thanks
I want to start dis business but I need more information about it …..
pls whoever dat is into it should contact me or what app me on my number
08075618364…
I am so interested in dis business, but will u sell per 25liters
I supply quality palm oil… call or whatsapp me: 08160415662
Please I want to go into this business of palm oil trading but need a mentor that’ll teach me ropes cos every business, however lucrative, has it’s own dynamics. Please I’ll be very grateful if someone could volunteer to teach me as I’m a very fast learner. I’m currently based in Lagos. Thank you.
Hello.I am Gloria Christ from International Sales Department,Marang Edible Oils located in Selangor,Malaysia.We are manufacturing palm oil and we exporting to all countries especially Nigeria.
I am ready to assist you in this field.
Am Helen from abuja. Pls am really interested in this business but I don’t know where to start from. I need a professional to mentor me pls. here is my Whatsapp no: 08102636476
Contact Gospel on this 08095841020 and I will teach you
Am here to teach you, you can call me 08095841020
my name is charles from Port Harcourt, i like d biz, but am new in it so i need more info about.
thanks guys
My name is Emeka from Lagos, I am interested in this business, but need more details.
charcoal 650 per bag while palm oil is 7500 per 25ltr call 09064932891 for more info
Good morning pls are you for real with that prize you called? Am glory from Lagos. Pls chat me up 08146146245
every business seems perfect at the beginning but are the difficulties one could face on the long run
25 litre is how much reach me on 07032777290
Hi very one I am Tj I want to start the palm oil business in my locality I need to know how much I can get the 25 litre of oil, and also a trust worthy person I can do business with, you can reach me on WhatsApp with the following number 07032777290, thanks I hope to get a respond sone
Hi every one my name is Tj i want to kick start the oil business in my locality,I want to know how much I can get 25 litre of oil and also a trust worthy person to do business with, you can reach me on WhatsApp with this number 07032777290 thanks I hope to get a respond
Ok am in Ghana want To,come,over To,do,business in palm,oil u can reaxh Me,on,233242434247
Hi Atama,I sell quality palm oil at cheaper rate,from eastern part of Nigeria,I will like us to do business together,thanks and God bless
Good morning pls are you for real with that prize you called? Am glory from Lagos. Pls chat me up 08146146245
ABADIPRE INTERNATIONAL LIMITED RC 1392831 based in North west needs people who will supply our company quality palm oil at a good price. If you are interested and have the capacity to be our supplier contact Atama on 08032867131 between 8am and 5pm. Thank you.
NOTE: We insist on quality.
Our Oil is rich in Vitamin A and is affordable. A trial order will convince you! Follow us on our instagram page @hifajfoods . Call: 08074459842
Kindly feel free to call me for you supply on 08074459842. our oil is rich in Vitamin A and is affordable.follow us on instagram @hifajfoods.A trial order with convince you!
Stommy
My name is Stommy and I leave in Abuja. I want to go into Charcoal Business. Any body that can supply me in large quantity should please contact me on 08035491378
Thanks
Call me for chacoal supply 07088847876 steve
Hello nice forum…I am into palm oil sales and need suppliers of my product in whole sale..Presently based in lagos…Please call me(08134784931) thanks..
07062057503
Let’s connect…
I SELL AT VERY GOOD PRICE.
I am based in makurdi Benue state. If you need quality palm oil contacts me on 09029563220. We can deliver to any part of Nigeria
How much do you sell per keg???
07062057503
what about outside nigeria
I sell palm oil in demand from Calabar/Akwa Ibom. Any one interested should please contact me. 08063661085
Am interested in buying this my line 0815441960
I sell quality palm oil. Contact me for wholesale or retail purpose. Call or WhatsApp +2348134371661, email: busayoosinaike@gmail.com
please, I’m not a dubious person and will never be. A trial will convince you. Thanks and GOD bless.
Please I am interested. How much for 25litres? Reach me on eunicethompson873@gmail.com
pls aw much is 25litre and
how can we do business
Send your contact
+2347062057503
hi deola,
You can reach call on 0704459842 me for an affordable supply. My price is unbeatable…My instagram page is @hifajfoods
I need quality palm oil pls call 08160911630
I want to start the business, so I need a trustworthy person to do business with
Contact
07052057503
Good. I have a quality product and its pay as I delivered. If truely u are interested call me on this number. 09092474900
You can count on us for good quality palm oil at a very affordable price. We are trustworthy and deliver efficiently. Call on 07067421024
Assalam alaykum Sister Safiyyah, My name is Iromini Waliu. I am glad a Muslim fellow like you is interested in this business just like me. I intend to venture into it too and also hope to learn the dynamics of the business from you. My number is 08039355695. You can call me up for us to discuss further. Maasalam.
Any one that need palm oil in large or small quantity is always available for sell if you are interested. contact me on 07030077821.
Hi my name is Hauwa’u Abubakar am in kebbi state am so so interested in this palm oil business but how can you supply it to me in good prince, than how can I trust you in this business palm oil
Hi I have palm oil from Akwa Ibom state for sale in Large quantity here in Lagos. Interested buyer should contact me on 08022295132 or gesuu.umoren@gmail.com. Fraudsters should please keep away thanks.
Lovely write up. At this point in time. How can I differentiate genuine oil from adulterated one?
Taste
Good morning pls are you for real with that prize you called? Am glory from Lagos. Pls chat me up 08146146245
please it’s been a motivating site,am Victor i based at P.H and i want to start an oil business. which companies can i supply to
Hello am bayo base in Ogun state and I want to start palm oil business I need some that is in to production so I can buy and resell 08026567333,08054763685
I’m into palm oil production and sales. I sell in large quantities depending on the volume of production in my village at Iwo in Osun state. Our palm oil is of a very good quality and I am ready to partner with anyone that is serious with the business. I can be contacted through this number:+2348066469123 (whatsapp) or odediranodeyinka@gmail.com or bbm: 25CDAD53. Pls, I am not into dubious activity and business is not by force, thanks.
My name is Jacob Famoroti, I am interested in this biz, and i ‘d like to know how much u sell per keg from factory inclusive of oil, keg & tp. My location is Iyesi Ota I’m Ogun State. And i want it in large quantity if i ‘ll get a deal. Thanks. 08105928988.
Good morning Mr Odediran, My name is Iromini Waliu. I am glad a someone from my local government is into this business. I would like us to talk about the dynamics of the business and the possibility of partnering with you. My contact number is 08039355695.Thank you sir.
If u want to buy palm oil in bulk now, contact me @ 08165543374 now. I stay in Rivers state, l can send the product to any where in Nigeria after reaching agreement. I am genuine and have been doing the business for a long time now right from my university days. Pls fraudsters should not call me bcos they will not succeed.
Where is ur location? How much is 25ltrs current price. I want to start the business, buying and reselling to retailers. My name is Akperan. 08098177505
hi my name is habila i want to go in to the palm oil business in jos plateau state like to meet some one that is reliable to suply me in large quantity contact me viathis mail habila.garba@yahoo.com like to hear from you.
Call me Habila Garba on 08165543374
kelvin this is my number 08132177085
My name is Vivian and I stay in Lagos
Pls I need contacts that will buy in bulk from me.here is my number 07065910242
Oluwasun i also have the product am stay in abuja and get my product from kogi state.. U can contact me on 07081119253 or email me at mondayusman445@gmail.com…
Cost as at june 2016 is 7000….. Because of d economy
Call me and lets talk
Monday,
I want to start the business. Buying at wholesale and selling retailers. What’s the current wholesale price for 25 ltrs. Where is ur location?
Please contact me ASAP.
I can supplier any quantity of palm Oil any where in Nigeria. Please call me on 08062442281
Hi kelvin, femi is my name from lagos. I have ready market for the product in large quantity. Please contact me on 08061514958. Its very urgent. Thanks.
I have d product but my problem is who is ready to buy it in bulk whenever I brings it.b/c I’m schooling so I don’t want to keep storage.
Kevin gd day. How much is your 30ltr of good quality ? And where are you located? Am much interested. Hope you are genuine. I await your response
Gudpm Mr Olusola,I can gv #5500 per 30lit.I’m staying at Kwali FcT Abuja.but d goods is currently in Abia state now.I want to do evry necessary enquiry before bringing it b/c I’m currently schooling nw.
Mr. Kelvin I base in enugu. I also need the supply pls contact me on 07069732343 let us discourse well.
Mr Kelvin how do I reach you… Very much interested
Contact me on 08188046987
We are producers of Natural palm oil and we have high quality products and our price is very ok. We delivered to you in any part of the nation and it is delivering before payment. Pls only call if you are ready for serious business. 09092474700
If you get them to Abuja, how much will you sell the 30litres?
Hi kelvin, femi is my name from lagos. I have ready market for the product in large quantity. Please contact me on 08061514958. Its very urgent. Thanks.
send me the detail of the price of 25litre palm oil
Mr Kelvin I will buy in bulk if you have a very good product, contact me on 08037433063 will be waiting
kelvin i need the product, how can i get in touch with u.
plz drop ur digits, i want to buy
@kelvin, plz ur digits is needed
my name is chima.i supply palm oil.my mobile phone number is 08034461831.
pls, call or send an sms to dis phone, we need to discuss
08029478486
Mr kelvin, am in Aba pls how do I reach u bcos am interested in d biz. PLs call me 07038793494
Good morning pls are you for real with that prize you called? Am glory from Lagos. Pls chat me up 08146146245
Kelvin please call me 08129286462, am also in Abuja and I need it badly
Am Franca
I am praise frm delta state is d price stil d same for d 25l if yes how wil i get it..my contact 08134837237
really appreciate this write up, pls can i still make my profit if buy now and sell immediately.considering transport,cost of empty kegs,shop rent and cost of conveying it down to buyers within my localty.
lastly,how do know a good palmoil from adultrated one.
I love this business may God help me ‘please anybody that can help me financially I know much about the business may God help us
How do i know good palm oil from bad one ?
I’m interested in the biz.
a good business to do
Am into palm oil production and if u are interested in buying good palm oil (red oil), contact me.
Name: Olushola
Phone: +2348142903220
Email: olusholailori@gmail.come
Location: Okitipupa, Ondo state.
please how do you sell your palm oil 25 liters in large quantities thanks.
Hello, I aguele augustine urgently need large quantity of palm oil
Please you can send your price list per liter via email:augustineaguele@gmail.com
Phone number: 08037502301
were is ur location n how much is 25 liters
My dream business!!cool biz
uhmmmm i must start asap. . good work!!