Prices of Nigeria's palm oil may rise as Indonesia - top grower of the crop has increased its Crude Palm Oil (CPO) export levy to 10 percent from 7.5 percent.
The Indonesian Ministry of Finance disclosed this recently and explained that the move is aimed at enhancing productivity and adding value
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Feyishola Jaiyesimi
Feyishola Jaiyesimi covers agriculture and environment trends at BusinessDay, Nigeria’s leading daily newspaper focused on economy and finance. Her stories draw on investigative journalism, and she has been selected for professional training by the US Embassy, Lagos, and Dataphyte. Feyishola holds a bachelor’s degree in Zoology and Environmental Biology from Ekiti State University.
