What are the different types of palm oil in Nigeria?
Three varieties of Oil palm are available in Nigeria; namely Dura, Pisifera and Tenera. The preferred variety among palm oil farmers in Nigeria is the hybrid Tenera which is a crossbreed of the Dura (female) and the Pisifera (male).
Is palm oil processing a viable economic activity in South-South Nigeria?
Abstract: Oil palm processing and marketing in South-South Nigeria is one economic activity in which the people eke a living and sustain their lives. Despites its economic importance, the business is fraught with series of challenges begging for solutions. This study was conducted in three palm oil processing communities in Akwa Ibom State.
Where does palm oil come from in Nigeria?
In Nigeria, 80% of palm oil production comes from dispersed smallholders who harvest semi-wild plants and use manual processing techniques (Olagunju, 2008). According to Olagunju (2008), among the small-scale producers, traditional, or semi mechanized methods were used for oil extraction from the fresh fruit bunch.
Can Presco plc help Nigeria grow its palm oil production?
Nigeria¡¯s palm oil imports from Malaysia, a leading global producer, increased by 65.3% in the first nine months of 2023. Businesses like Presco Plc can play pivotal roles in addressing these challenges and maximizing the potential of palm oil production in Nigeria.