WE NOW IMPORT PALM OIL!!
NIGERIA - PALM OIL ... The future of this country breeds nothing but uncertainty, anxiety, and a blurry tomorrow with heavy doubt about a Better Tomorrow. Read this... From number one in the world to number 5, this is saddening! According to a report published by the Punch Newspaper, Nigeria imported 234,324 metric tonnes of palm oil between January and September 2023, up from 141,786 MT in the corresponding period of 2022, indicating an increase of 92,538 MT. When I saw this report that Nigerian imports of palm oil from Malaysia have increased to 65.3%, I couldn't wrap my head around this report. I was sad for so many reasons. Why on earth should we be importing common palm instead of exporting it? What happened to the local production? Why are we not producing enough to meet the demand? Above are the numerous questions that the government should answer. But as a citizen or someone who has been in the entrepreneurship ecosystem and has been following the trends, you understand be...