POFON says Nigeria needs to increase palm oil plantations

In Nigeria, Daily Trust reported that the Plantation Owners Forum of Nigeria (POFON) said the country needed to increase palm oil plantations.

“Nigeria is the highest producer of palm oil in Africa and fifth in the world. It needs to increase its hectares to about 500,000 hectares to meet the local needs and also become more efficient in production,” said the entity’s chairman Emmanuel Ibru.

He noted that there is still a gap in the supply and demand of palm oil in Nigeria, but POFON, over the last 10 to 15 years, has made tremendous efforts to increase the production of oil palm in the country, he added.

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