oil press for various oil crops in nigeria

                                               
                                               
                                               
                                               
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  • Why is palm oil a major crop in Nigeria?
  • This represented a peak in consumption compared to the ten preceding years, indicating that the farm product is one of the major crops in the country with a growing domestic need. Most palm oil is for industrial purposes, while a smaller percentage is used by households. In 2018, 350,000 metric tons of palm oil were imported into Nigeria.
  • How much palm oil is produced in Nigeria in 2023?
  • In 2023, the production of palm oil in Nigeria reached 1.4 million metric tons. Between 2009 and 2023, the production quantity generally increased, registering the highest growth in 2010, when it grew by roughly 14 percent. From 2014 onwards, the output from palm oil production followed a rising trend.
  • Is Nigeria a global leader in palm oil production?
  • Sadly, Nigeria has rested on her oars such that the country is now referred to as being the “once upon a global leader” in the production of palm oil. Today, Nigeria massively imports 350,000MT (USDA, 2018) of palm oil majorly from Malaysia and Indonesia to fill the deficit in consumption.
  • How much palm oil is consumed in Nigeria?
  • Around 1.8 million metric tons of palm oil were expected to be consumed in Nigeria as of the 2021/2022 crop year. This represented a peak in consumption compared to the ten preceding years, indicating that the farm product is one of the major crops in the country with a growing domestic need.