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  Every point on the palm oil value chain presents entrepreneurs with an opportunity to make money.
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This is true of oil palm cultivation, palm oil processing, and the wholesale and retail distribution of the final product. Cultivation and processing are both capital-intensive endeavours. But it doesn’t cost a lot to sell palm oil. You can begin with less than ₦10,000, and earn a high return on your investment if you buy and sell the product at the right times of the year.
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In this video, YouTuber Farmie Julie explains how to start the palm oil storage and distribution business in Nigeria: Featured Image Source: The Guardian NG
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This article was first published on 8th April 2021

ikenna-nwachukwu

Ikenna Nwachukwu holds a bachelor's degree in Economics from the University of Nigeria, Nsukka. He loves to look at the world through multiple lenses- economic, political, religious and philosophical- and to write about what he observes in a witty, yet reflective style.


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