Nigeria plans 8-fold increase in palm oil production

Mongabay
Jun 25, 2019, 9:42 pm197 pts
Nigeria plans to invest 180 billion naira ($500 million) to increase its palm oil production from around 600,000 tons a year to 5 million tons a year by 2027, reports Bloomberg. The policy, laid out in a report from Nigeria’s trade and investment ministry, aims to meet all of the country’s domestic palm oil…

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