4 articles tagged with “palm oil”
Nigeria has announced plans to become a full member of an international palm oil producing bloc, with its observer status set to expire in November 2026, marking a strategic shift for Africa's most populous nation in the global edible oils market.
Nigeria recorded 1.57 million tonnes of palm oil production in 2025, marking steady growth in its bid to reclaim global market share, while South Africa received one million foot and mouth disease vaccines from Argentina to protect its 14 million cattle herd.
Nigeria moves to join the Council of Palm Oil Producing Countries as a full member while agricultural specialists call for government subsidies on cold-chain infrastructure to combat the country's persistent post-harvest losses.
Federal Government highlights palm oil as critical to food security while revealing that 65% of livestock consumption still depends on imports, costing the economy billions in foreign exchange.