Nofex Global Ventures Nigeria Limited 10. Mobilepalm 11. JPH-ZMART Global Company, Ltd. 12. Grace-Wenji import and export service 13. Hendrislinks Nigeria Limited 14. Royal Palm Refinery Ltd 15. Ticantan Centenary LTD What role do palm oil corporations play in Nigeria? How do these businesses guarantee the production of palm oil is sustainable?
Where is oil palm grown in Nigeria?
Oil palm is grown in about 28 states in Nigeria. However, it is most widely grown in the southern states of Lagos, Ondo, Osun, Oyo, Ekiti, Edo, Delta, Rivers, Cross Rivers, Akwa Ibom, Imo, Abia, Anambra, Ebonyi, Abia and Bayelsa. Below are the steps to take to cultivate oil palm or start an oil palm plantation in Nigeria:
Is Nigeria’s palm oil production increasing?
“There is no doubt that Nigeria’s palm oil production is increasing and will continue to be on the rise owing to the backward integration policy,” notes Fatai Afolabi, former executive secretary of the Plantation Owners Forum of Nigeria (POFON).
Why is there a palm oil shortage in Nigeria?
This means that the shortfall was imported into Nigeria. Nigeria was hitherto the largest producer of palm oil in Nigeria in 1960 before it was overtaken by Malaysia and Indonesia. Palm oil is largely consumed by Nigerians. The prices of palm oil hits the lowest point between February and April every year, it peaks from September every year.