120Tpd Good Quality Oil Plant Seeds in Nigeria

How are Nigeria’s oil seeds & products markets changing?
Nigeria’s oil seeds and products markets are changing rapidly as demographic changes occur due to the country’s youth and middle-class population growth. The three major utilization channels (Food consumption, industrial use, and feed usage) are undergoing robust growth rates.
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.
How oil seeds research & development works in Nigeria?
Currently, oilseeds research and development work across Nigeria is leading to increase productivity and efficiency of oil seeds processing –soybean and peanut particularly. FAS Lagos’ estimates and projections for all the categories of oil seeds and products for 2021/22 are higher than the USDA estimates of previous year.
Which Nigerian palm oil companies are expanding production?
Two major Nigerian palm oil companies — Okomu Oil Palm Plc (OKOMUOIL) and PRESCO Plc — are expanding their production. PRESCO recently commissioned 500 MT capacity refinery that is presently running at 70% installed capacity.