Updated Price Of Palm Oil In Nigeria
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· farm_diary
This page is a long-running farm diary by a single author, LotannaWallace, who documents their journey from a struggling small-scale palm oil trader to a successful miller and distributor in Akwa Ibom. The thread serves as both a personal progress log and a weekly price list, detailing the author's lessons on market targeting, logistics, and the challenges of bulk sourcing.
Pain points:
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Prices:
Palm Oil (25L Keg): NGN42000.0 (Uyo, Akwa Ibom)Palm Oil (Drum): NGN334000.0 (Uyo, Akwa Ibom)Palm Oil (25L Keg - Storage Standard): NGN38000.0 (Akwa Ibom)Palm Oil (25L Keg - Non Storage): NGN36000.0 (Akwa Ibom)Palm Oil (Fiber/Industrial): NGN33000.0 (Akwa Ibom)Palm Oil (25L Keg): NGN38000.0 (Akwa Ibom)Palm Oil (25L Keg): NGN35000.0 (Akwa Ibom)Palm Oil (25L Keg): NGN36000.0 (Akwa Ibom)
Credibility signals:
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“The reason for my frustration was as follows: Getting the oil was a bit challenging in that i wouldn't get the quantity or the quality (freshly milled)... Logistics was a huge factor for me... I would spend not less than 5,000 to transport myself to the rural areas where i believed to get the best oil.”
fuzzy
· see the post ↗
“Upon realising that I was selling my freshly milled oil to the 'wrong' targets, I had to start searching for the right targets.... Market women, small stores and restaurants where my target as of then...”
fuzzy
· see the post ↗
“The breakthrough came when I started posting on Facebook.... My first customer online was one of a kind... she vetted me like a trained CIA...”
exact
· see the post ↗