Nigeria’s palm oil price highest in world market- Experts

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 69%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Price of Nigeria’s palm oil is over 200% highest above the global market, The Nation can authoritatively report.

can authoritatively report.

Concerned over rising demand of palm oil, experts have stated that irrespective of the country’s recent drive and diversification in agriculture, Nigeria cannot meet the palm oil requirement of local demand in the next 15 years. He reiterated that you do not need seven years to produce palm oil, but 15 to 24 months which has been developed by one professor in the University of Calabar.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Also compare Price of Nigeria's local sand rice to global market. Or else I will see this writeup as targeting Southern farmers.

sarnchos why? Same with rice? Isn't this a case of our middle men exploiting the restriction of foreign imports of these items through FX?

Some people salary cannot buy 1 bag of rice.

The only thing that the Government can do to regulate this is to create a government controlled market They will simply buy from the farmers and sell to the populace at a control price This will motivate people to go into production as well, since there's a sure sorce of demand

I confirm. FGN should do something hunger is too much.

Glory be to God

Palm oil wet we get the trees everywhere! Chai

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 6. in SE

Sverige Senaste nytt, Sverige Rubriker