engrgordon:
Do you have idle
cash lying in your bank account and
you are looking for a means to earn
extra income? Then below is an in-
depth guide on how to make money
buying and selling palm oil.
When most people hear that palm oil
business is very lucrative, they quickly
dismiss the idea of taking a plunge
because starting up a palm oil
processing company requires much
more capital than they can ever afford.
But the truth is that you too can tap
from the opportunities in the palm oil
business with less than 70k without necessarily having to
set up your own processing company
or starting a palm plantation. How? You can achieve this by buying and selling palm oil for profits. In fact, you can make millions just by buying, storing, and reselling palm oil. One of Nigeria’s billionaires, Orji Uzor Kalu started out in business as a palm oil trader and he made millions from this business. In Nigeria and other West African countries, virtually every
household cooks with palm oil. So,
you can imagine how much profit
you can make from the market in
these countries. In Nigeria, palm oil can be
sourced at a cheap price in places such
as Edo, Delta, Abia, Imo, etc and resold at
a profitable price in places such as Kano,
Lagos, Kaduna, Abuja, etc.
let’s now discuss the steps involved in
starting the business. 1. ARRANGE FOR SUPPLIERS
Aside customers, your business needs
suppliers to thrive, since you are not
processing the commodity yourself. Try
to find suppliers that produce high
quality palm oil. You may need good knowledge of quality palm oil or work with someone who knows about it

because the success
of your business would hinge largely on
the quality of the palm oil you get from
your supplier. From personal
experience, i can say that good palm oil
can be sourced mainly from Imo state, Abia state and some part of River state. Since i am based in those area and i am currently into the business, if you are serious to start the business, you can partner with me to source for good palm oil.
2. DECIDE ON TRANSPORTATION ARRANGEMENTS.
You
would
need to
transport
your
palm oil from the supplier’s location to
your shop or storage location. And in
some cases, you would need to
transport palm oil to your customers as
well. (In fact, you can make more money
by charging extra for delivery. Buyers
would readily pay for the convenience).
Most times, palm oil are best transported
in gallons and if you are transporting
from Eastern Nigeria to either the
Western or Northern part of the
country, you can use my service, what i do is that i source, buy and transport ur goods using
popular transport companies such as
The Young Shall Grow Motors, G.U.O
Motors, etc. To ur location, while u pay for my services. Before you decide to start this business, u need to know the price of palm oil in 20 or 25 litres in ur location, while i give u the detail price in d east here, from there you will know your profit per transaction. For further inquiries, chat me on whatsapp or call me on; 08022799569

nneomac89:
I need bulk buyers of good quality palm oil. I supply nationwide from the East. Only serious buyers should contact me. Northern buyers are highly welcome.This is pure business and trust is our watch word. Call or whatsapp 08036313862.
Let's help each other grow.

yemmit90:
engrgordon, eneomac89 and Ltrust, when is surplus season started?

Someone should update this thread when it is surplus period. Thanks!

Ltrust:
We have a large quantity of good quality palm oil available from the mill. our palm oil is of standard and will meet the specification of most buyers. We sell at a cheap price and we welcome investors to buy wholesale from us. We can produce to a maximum of 120 gallons of 25litres per day. Reach us and we will be happy to do business with you./07033097160.