Is small-scale palm oil processing feasible in Nigeria?
Palm oil is a major food and non-food ingredient consumed by virtually everyone in Nigeria through the use of palm oil related products. This study investigates the feasibility of small-scale palm oil processing in Nigeria, using Elele, Rivers State as case study. Information was elicited through interviews and physical observations.
How much does a small-scale palm oil processing mill cost?
The findings show that the average cost of procuring equipment and its installations for a small-scale palm oil processing mill were estimated at N623,650.00. The gross margin return from this study was N44,000.00 while net return was N14,000.00.
Is small-scale oil palm processing profitable?
About 34% and 32% of the processors have WASC and Primary School Leaving Certificates respectively as the educational qualification. About 50% of the processors have 16-20 years experience in oil palm processing. The study concludes that small-scale oil palm processing is profitable and can also be a source of employment.
What technology do Ethiopian Millers use?
Most, if not all, millers in Ethiopia use technologies (cold pressing machines) that are imported from China and India; they are primitive and characterised by high levels of wear and tear, power consumption and product loss.