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I have a brother who based at Cross River state Nigeria, one of the southern states in Nigeria, with most of their occupation among rural dwellers being farming, My brother has been a farmer almost all his life has really spend most of his time in with harvesting and transforming Agro products, once in a while i do go over to cross river to help him out with farm works.....ThankYou very much @hivenaija for this weeks prompt, i'm particularly grateful for this, you know what i think our heart sync. For once, lately this is what i've been dwelling my thoughts on, i slept with it, wake up with it, brainstorming and seeking possible ways to make it a reality, i know anything is possible as long as i fix my mind on it, so i've been doing a lot of mental calculations lately, to make reality my new found passion and line of business.
Spending time with him really had opened my eyes to how lucrative the palm oil business is over there, most importantly is the fact that these rural dwellers are rich farmers, and they have farm products in abundance there, so is the palm trees through which palm oil is extracted.
I developed interest in the business of palm oil having seen how lucrative and promising the business is, more over having being in heart of processing and refining it, gives me an edge into how everything works, i also understand the basic concept of the business as my brother was also not only extracting but also dealing in business of transporting gallons in hundreds of refined palm oil to the north were its a big business there, this results in huge profit considering the north population and lack of palm trees there, and palm oil is a very sort after commodity used for production of several other finished products especially for cooking.
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I intend to exend my reach beyond that, palm oil is something everyone of us use everyday as far as cooking is concern, and if i remember vividly one of the very key thing that brought the white to the shores of Africa was basically agriculture most importantly Palm oil among other products, because they need it, and they don't have the natural resources for it, we have it in abundance and so they was a necessity for exchange, baring the case study of buying and selling of these refined palm oil to the north and every other part of Nigeria, where its lacking, will means much more Bigger business Opportunities if i look up in the brighter and bigger picture...
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PALM OIL EXPORTING
intend to venture into this line of business in a very large scale having obtain the basic know-how, skills, techniques, experience and exposures in the field, its very lucrative and promises over 100% ROI especially during season of lack, if one has kept some storage, currently seeking huge capital for necessary documentation, paper works, licences and certification to commences, might probably take up to a year but the vision is certain and sure.
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Due to the high demand of such essential products such as the palm oil nationally and globally this is a Good business, but most importantly having the basic knowledge of how everything works is a great advantage to leverage on, cause most importantly is to look out for the potential risk involved in it before going in...
@Hiventhusiast Thanking you for your time and attention, every upvotes, Reblog and comments are very much appreciated
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A lot of persons are sleeping on palm oil business, it's very lucrative.i know a lot of work is put into it.
I wish you good luck in your entrepreneurial ambitions.
I was actually surprised when I hear some friends during my service year talk about the bad palm oil they have to bear with in their own states, it made me think of actually exporting palm oils to other states because I am very confident we have really good ones here.
It's a good business idea really but there's a lot to put in place for it to be lucrative. Thanks for sharing.
P.S You didn't source your images, where did you get them from? You can only use images from free sites or AI, please make the necessary corrections.
Ops my bad...thanks for that
Palm oil wasn't expensive then, and it has season of abundance too.
But it's really a good and lucrative business.
Though it's productive is tremendous oo
Yah very true, n today its almost like gold, which makes it a very lucrative businedd
Yes.
It's very expensive now.