Trade and markets
 

Detail

Area
Nigeria
Commodity Group
Oilseeds, oils and meals
Commodity
Oil palm
Date
01/10/2014
Policy Category
Production
Policy Instrument
Sector development
Description
Launched a nationwide programme for the distribution of improved oil palm seedlings to both smallholders and estates as well as for the enhancement of wild grove production.
Notes
The federal government has launched a nationwide programme for the distribution of improved oil palm seedlings to both smallholders and estates as well as for the enhancement of wild grove production. The initiative aims at closing the gap between domestic production and consumption of vegetable oils. Based on unofficial estimates, annual consumption amounts to nearly 3 million tonnes, while domestic production is less than 2 million tonnes. After being self sufficient until the mid 1990s, now about one third of Nigeria’s domestic requirements are met by imports.