Nigeria’s Crude Palm Oil (CPO) imports from Malaysia – top global producer – have risen by 505 percent in the first quarter of 2023 despite local production
The Federal Government has shortlisted the Managing Director of JB Farms, Mr Ajibola Adebutu, for a national honour over his numerous contributions to the economy, especially in agro-industrial development, employment generation and philanthropy, among others.
As Indonesia, the world’s top producer of palm oil used (in cosmetics, edible oil and a range of other products) banned exports of refined, bleached and deodorised palm oil, Nigeria marginally records expansion with an addition of 10,000 hectares to the cultivated.