• poverty alleviation through sustainable palm oil production in Lagos
  • poverty alleviation through sustainable palm oil production in Lagos
  • poverty alleviation through sustainable palm oil production in Lagos
  • poverty alleviation through sustainable palm oil production in Lagos
  • Why is palm oil a sustainable commodity?
  • In addition, palm oil is the most sustainable commodity in meeting the world’s need for vegetable oils while contributing to state coffers, meeting equitable development goals, alleviating poverty and meeting nutritional needs of many communities which is important in achieving SDG 2 (food security), 3 and 8.
  • How does palm oil trade affect society?
  • A few studies have reported positive impacts of palm oil trade such as improvement in farmer income, economic benefit for smallholders, opportunities for employment in rural areas (McCarthy, 2010), improved livelihoods, and improvement in economic growth and GDP (Li, 2015). However, palm oil production also has direct negative social impacts.
  • Why are there no case studies of palm oil production in Africa?
  • In contrast, few case studies were found in Africa despite the continent being the origin of palm oil cultivation. The low number of case studies in Africa could result from a combination of low yield in palm oil and lack of capacity in researching and reporting on impact.
  • Is oil palm cultivation a good investment for rural communities?
  • In addition, oil palm cultivation presents entrepreneurial opportunities for rural communities (Asmit and Koesrindartoto, 2015). This study found many positive impacts reported including income generation (33%) and employment (19%).
  • Is palm oil a development or a Least Developed Country?
  • All palm oil producing countries are classified as developing or least developed economies with about 38% as least developed countries where most of the people are poor (UNCTAD, 2019). In these countries, palm oil production contributes positively to GDP and (income) poverty alleviation.
  • Is palm oil trade generating jobs in low-income countries?
  • Palm oil trade is generating jobs in these low-income countries and contributing to education and health through schools and hospitals as recorded in this study. Palm oil demand is projected to increase substantially in the future (Vijay et al., 2016) with no shortage of markets.