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  • Why is oil palm cultivated in the southern part of Nigeria?
  • Oil palm is usually cultivated in the southern part of Nigeria due to the favourable climatic condition in this location. The oil palm tree or crop produces a lot of things. It produces palm oil from the palm fruit bunches. It also produces Palm Kernel Oil (PKO) from the palm kernels. The nuts in the palm kernels can be eaten by human and animals.
  • Which Nigerian palm oil company places the highest value on quality?
  • A leading illustration of a Nigerian palm oil company that places the highest value on quality is Steve William Pure Oil Investment Company Ltd. They have carved out a niche for themselves in the market via a dedication to excellence. The business runs contemporary processing facilities and carefully complies with global quality requirements.
  • What types of oil palms can be planted in Nigeria?
  • There are four major oil palm varieties that can be planted in Nigeria, they are: The Nigerian Oil Palm Variety: This variety takes about 6 – 8 years to start fruiting. It is an open pollinated variety with poor resistance to pests and diseases. However, it is drought resistant. Tenera: Tenera is a hybrid oil pam variety.
  • Are there any palm oil mills in Nigeria?
  • Most of the available mini-processing mills are fabricated locally by local artisans without proper scaling, which results in the high level of palm oil waste or low oil extraction rate. Three varieties of Oil palm are available in Nigeria; namely Dura, Pisifera and Tenera.
  • Is Nigeria an importer of palm oil?
  • However, during the past decades, the country has become an importer of palm oil. While in the early 1960s, Nigeria’s palm oil production accounted for 43% of the world production, nowadays it only accounts for 7% of total global output. Nigeria is now a net importer of the product.
  • Which country produces the most palm oil in Africa?
  • According to PWC, Nigeria is the largest consumer and producer of palm oil in Africa. Nigeria consumed about 1.3 million metric tons of palm oil in 2018 while production of palm oil was about 1 million metric tons in the same year. This means that the shortfall was imported into Nigeria.