...Per hectare of palm replanting costs N2.3m The average age of most palm trees in Nigeria is 60 years, and so are the smallholder farmers who harvest fruits to make the edible oil. As the trees age, they are unable to absorb water or nutrients and are also vulnerable to deforestation, logging, drought, and invasive species, experts say. The ages of farmers and trees are two critical challenges facing the nation’s palm oil, hindering the crop’s capacity to lead the non-oil exports sector. “Most of the palm
...Per hectare of palm replanting costs N2.3m The average age of most palm trees in Nigeria is 60 years, and so are the smallholder farmers who harvest fruits to make the edible oil. As the trees age, they are unable to absorb water or nutrients and are also vulnerable to deforestation, logging, drought, and invasive species, experts say. The ages of farmers and trees are two critical challenges facing the nation’s palm oil, hindering the crop’s capacity to lead the non-oil exports sector. “Most of the palm