To seize the opportunity this market presents, you can start a groundnut oil production business through setting up small or medium scale oil mill, based on the desired output and project cost. Considering that groundnuts are widely produced in Nigeria, and almost all of the population uses its byproducts, it seems to be profitable to build and operate groundnut oil processing machines.
Registration: The first thing to do is to register with the National Agency for Food and Drug Administration and Control , in order to start a business in this sector in Nigeria. You can get help from companies that provide consultation regarding the sector, and registration.Investment: After registration, you should be ready to invest in the sector. The equipment required to build your groundnut oil manufacturing business can be supplied from the local market at affordable prices.