About Our Company

Bola Oil Mills Limited is a family Business which was incorporated in November 2008. The chairman is Mr. Olaoye Olufemi A. The Managing Director is Mrs Olaoye Bola Taiwo and the General Manager is Mr. Olaoye Olaleye Felix. The basic activities of the company is centered around Agricultural production and processing.

We are a major player in the Oil Palm Industry in Nigeria. The company collects palm kernel as raw materials which is cold processed through Khunheng Palm Kernel Oil Expellers. The CPKO Crude Palm Kernel Oil recovered is then sent to our New Ultramodern Vegetable Oil Refinery for final processing to give refined palm kernel oil which is sold directly to consumers via our bulk buyers and cooperate off- takers.
The PKC (Palm Kernel Cake) is sold to animal feeds mills and solvent extractors. The DFA (Distilled Fatty Acid) from the refining process is sold to soap makers. Presently, our company is activating our backward integration plans by getting actively involve in the primary sector of the oil palm industry. We are currently planning more than 200 hectares of palm trees after securing more than 2,000 hectares of arable land from the Ondo State Government. In order to be able to maximize productivity when our plantation is finally and fully established, the company is currently pulling up a 5ton/day automated Palm Oil Mill completed with 50ton/day fractionation plant to process palm oil from FFB to Palm Olein and Palm stearin. We hope to bottle the final production to be sold in stores and supermarket across the world.

The Way We Work

We Are Passionate

We are determined to be one of the best Company offering the best agricultural production process and product not only in Nigeria but in the whole of Africa.

Our Achievements

In the beginning, Bola Oil Mills Ltd had a staff strength of five (5) workers in three main department with two (2) administrative staff (chairman and director),two drivers, one security and (10) production workers. The ten (10) production workers were to manually feed the three locally fabricated palm kernel expeller and three imported expeller from khunheng (YKL Engineering) from Malaysia. Currently the company has expanded Palm Kernel Expeller with automated feeding system. Also in the year 2016, the company partnership with the CBN through the FBN Agric desk to acquire and install a 100tond/day vegetable oil refinery which became fully operational in august 2017. Presently, the company is in partnership with FBN, CBN and Kumar Metal Ind. PVT. India to install a 100tons/day fractionation plants for the production and bottling of high grade Palm Olein which shall be completed and commissioned before the end of 2021.

Our Vision

Our long term goal is anchored on our determination to build strong management base to cater for the numerous needs of both our staff, customers, supplies and all other various groups that make up our demand supply system and production value chain. Through the company’s current backward integration plans, it is the vision and economic drive of the company to deepen investment in the oil palm industry through increase participation in the primary and secondary sub sector of oil palm industry for full diversification as well as provision of various and distinct oil palm products which consumers has liberty of choosing from. It is our vision to build more capacity to increase employment job creation, increase production to enhance sustainable and economic development through the Agriculture sector.

Our Mission

To be committed to our customers and supplies satisfaction with a strong goal orientation towards agricultural and food production general towards improved production process and deployment of advance and modern technology to achieve food security, sustainability and reduced demand pressure for foreign exchange and reduce importation of oil palm production. It is our goal to build global brand towards export of processed Agricultural products.

In need of our services?

Our team is always willing to find ways to solve them.

Get In Touch