Okomu Oil Palm Company Plc and Presco Plc, the biggest palm oil producers in Nigeria, have seen their combined profits surge by 254.6 percent in the first nine months of 2023 to N44.39 billion from N12.52 billion recorded in 2018. A BusinessDay analysis of the companies’ nine-month profits over
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Damilola Odifa is a graduate of Mass communication department from the University of Lagos with nearly 2 years experience in content writing. She currently works as a journalist in BusinessDay Media, West Africa's leading provider of business intelligence and information, where she writes on the business of agriculture, and the environment.

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