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Nairaland Forum / Science/Technology / Technology Market / Palm Kernel Oil Extraction Biz: A Profitable But Hidden Business (621 Views)
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Palm Kernel Oil Extraction Biz: A Profitable But Hidden Business by speaktome(m): 3:40pm On May 02, 2012 |
The palm kernel oil (grand nut oil) when refined is a lucrative and profitable business which many people do not know unless you have been into the sector. It can be run in a small, medium and large scale. depending on the financial capacity of he who wants to set it up. This is most profitable when it is been set up in the Eastern and Western Nigeria where the Palm Kernel Nuts PKN is found in a lager quantity. Just take a look on the present analysis THE ANALYSIS (PKN = Palm kernel nut, PKO =Palm kernel oil, PKC =Palm kernel cake) In every 25 metric tons of good palm kernel nut (PKN) you are expected to get 10 metric tons of PKO and at least 13.5 metric tons of PKC A ton of PKN = N 70,000(presently) A ton of PKO = N 195,000(presently) A ton of PKC = N 15,000 (presently) 25 ton of PKN = N1, 750,000 10 ton of PKO = N1, 950,000 13.5 ton of PKC = N 202,500 PKO + PKC – PKN = Gross profit 1,950,000 + 202,500 2,152,500 - 1,750,000 402,500 GP = N 402,500 The Machine is designed to crush 10 tons of PKN in every 24hrs and this is to say that it is capable of crushing more than 40 metric tones every week at least. So take it that, at least you where able to make 4 transactions in a month this will give you 402,500 x 4 = 1,610,000 take your wages and salary, Nepa bill, Maintenance to be N400,000 you will see that you will be having N1,210,000 as your net profit each month. NB This is a business you can set up in a medium scale with N3.2million with your working capital of N1.8million For detail on how to set us and run this business, call Chris on 08166619300, 07044856959,08169538626 yougosco1@gmail.com |
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