seeds oil refinery production line in nigeria

                                               
                                               
                                               
                                               
                                               
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  • 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 ¨Csoybean 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.
  • Is Nigeria self-sufficiency in oil palm production?
  • Nigeria continues to strive for self-sufficiency in oil palm production. Currently, production remains stable. Meanwhile, demand for palm oil outweighs supply. Nigeria meets the supply gap in oil palm through imports from Malaysia, China, and Côte d¡¯Ivoire.
  • 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 does Nigeria import oil palms?
  • Despite being one of the largest oil palm-producing countries, Nigeria relies on imports to bridge its supply gap. Private sector investors are expanding oil palm production and increasing processing capacity to take advantage of the prevailing strong domestic and international market demand and high prices.
  • Does Nigeria have a supply gap in palm oil?
  • Currently, production remains stable. Meanwhile, demand for palm oil outweighs supply. Nigeria meets the supply gap in oil palm through imports from Malaysia, China, and Côte d¡¯Ivoire. In MY 2022/23 FAS Lagos forecast that Nigeria will require 450,000 MT to fill the consumption gap.
  • Why is Nigeria increasing its production of consumer-oriented processed food products?
  • Nigeria is increasing its production of consumer-oriented processed food products by utilizing palm kernel component for both domestic consumption and for export. Reportedly rising income-levels in Asian countries is resulting in increased demand for packaged foods with high palm and palm kernel oil content.