Palm Oil Farming and Plantation Business Plan: With Feasibility Report and Financial Model Project

The oil palm processing industry is an industry that thrives in the African continent and in some parts of Asia. Nigeria is one of the countries in Africa that have loads of players in this industry. Although locals in rural communities run this type of business on a small scale, there are medium to large scale investors who also operate standard oil palm plantation and palm oil processing businesses.

These are the organizations that own their own palm tree plantations and also engage in the exportation of palm oil to countries across the world. In most cases, they ensure that they target countries with robust African communities.

Palm kernel is gotten from palm trees and it is the palm kernel that is processed into palm oil. Palm oil is considered to be one of the healthy and vitamin packaged oils that is highly suitable for cooking. In Nigeria, palm oil is used for several delicacies and even for frying. As a matter of fact, there are no tribes in Nigeria and even in the West African coast that don't make use of palm oil or red oil as it is popularly called in most quarters. Palm oil is also used in making soap and body creams.

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