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Saturday, November 17, 2018
Agribusiness : How To Make ₦1,000,000 From Palm Oil Buying And Selling Business.
Agribusiness : How To Make ₦1,000,000 From Palm Oil Buying And Selling Business. It is possible to make over 1 million naira this season storing and reselling red palm oil and I am going to show you exactly how to do it. It’s not difficult at all; in fact it is one of the easiest business you can do in Nigeria and make quick money within four months. I happen to know places in Nigeria where you can get this product at cheap prices and place where you can sell it at good price, I am going to make everything clear to you on this post…
What is Red Palm Oil? Red palm oil is natural oil extract from palm three fruit. You and I knows the importance of red palm oil in Nigeria. No home that doesn’t cook with it and no tribe or religion that forbids it. It is generally accepted and widely used, not only in Nigeria but around the world.How To Make ₦1,000,000 From Palm Oil Buying And Selling Business.
Using palm oil for cooking has greater health benefits over the vegetable oil as it is said to have high concentration of vitamin E in the finest proportion. Your body tends to get better health benefits as a result of the vitamin E present in the red palm oil rather than taking a commercial vitamin E capsule. It is also rich in carotene and possess strong healing power.How To Make ₦1,000,000 From Palm Oil Buying And Selling Business.
Palm oil is one of the commodity constantly in high demand in Nigeria. There is never a time it wouldn’t be a hot cake in the market and it is consumed at the same rate as rice and garri. Palm oil is currently sold in Lagos and other major cities across the country at N6,000 for 25liters but if you go to the farm areas where it is produced in quantity, you can get the same 25liters at N4,000.
There are even times of the year you get this product at N2,500 – N3,000 per 25litres. If you can get it in quantity during the time of surplus and store it for some months, you will sell at 100% profit. It is usually surplus around December to April and sells at the highest around July to September.
If you invest N500,000 and wait for 4 months, you will be making profit of another N500,000 without any substantial effort. That is a good deal by all standard and the more money you invest, the more profit you make.
If you decide to trade all season, that will even be better. All you need to do is to find out where it’s being processed in much quantity and buy at cheap price from there, transport it to the city and sell at good price, repeat your journey as often as you can and make money all year round. How To Make ₦1,000,000 From Palm Oil Buying And Selling Business.
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