In 1961, out of the 1.479 million tonnes of CPO produced across the world, Africa produced 76.5 percent, or 1.13 million tonnes.
Nigeria’s descent from being the largest producer of crude palm oil (CPO) in the world to a net importer seems to have defied all solutions, following the continuous drop in the country’s share in the global production of CPO. With an annual production of 1.4 million metric tonnes (MT), Nigeria�
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Teliat Sule
Teliat Abiodun Sule
Assistant Editor, Economy & Markets
