Economic Diary Game: Buying Palm Oil At NDI's Oil Processing Mill. 04/03/2025

in hive-171433 •  yesterday 

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Shot from Redmi A3
Hello, good day to you all my Entrepreneurs in the community,it is true that an entrepreneur is some one that creates work and bost the economy of any place.
So I was having a shopping of palm oil in rubbers.

Morning Shopping Records

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At NDI's Oil Processing Mill
In the early hour of 7 o'clock AM ,I went to the market to confirm the price of oil in my location,so they told me that it is #35,000 naira in my local currency,so which was $ 155.6 Steem equivalent,I moved from there to the oil mill to buy the oil.i pick ten plastic containers for the first outing.
At the Mill,I started asking for the current price and they told me that same price I confirmed in the morning.
So they don't have the complete containers I needed,so I got 5 containers of 25 liter's at the rate of #35,000 naria in my local currency.
They filled the containers with Oil.

Qty. |.  Naira|     Steem

 5.    |.  175,00 |.  777.8

It was a nice one because at least I bought half of the total contains I took to the Mil.
After that moment,I continue my business journey to another Oil Processing Mill at Ikot Abiyak in Itu local Government Area and I reached there by 12:44pm.

Economic Activity records Of Afternoon at Ikot processing Mill

1000026918.jpgAt Uko Oil Processing Mill1000026939.jpgcooking the oil for better consumption

I was so lucky enough to meet with the manager of the Mil,so he told me their prices and it was different from what I bought the first place, different of one thousand,so we bargain on the price and finally he accepted to sale it.
I spend the same amount there but I have them #10,000 naira to buy drink as I am a new customer the Mil.
After that I was with my bike Man,so I arranged on how my goods will reach the warehouse,he charged me # 7,000 Naria to do the job.

1000026920.jpgme at the oil mill1000026921.jpg another customer at the Mil

Calculating the Income and Expenditure In The Evening

When I came back to the house,I was so tired and exhausted,I find something and ate, after that I was calculating the total expense that I did during the process of buying.

• Morning Expenses in Steem and Naira :
• 777.8 Steem
• # 150,000 naira

Afternoon Expenses:

• 44.4 Steem
• 777.8 Steem
• 150,000 naira
•10,000 ✓✓

Total Expenses in Steem and Naira

Naira= #310,000

Steem= $ 1600 .52 .

That was how my economic activities went through in the 2 Oil Processing Mills.

I delegate 10 % to hive-171433 for community support.

Thank you for having me and reading my economic activities record

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