palm oil industry-cpo production export in Lagos
To meet the supply gap of palm oil, the country had to depend on importation over the years. However, in 2015, the CBN published a list of 41 items, including palm oil, as ineligible for forex
According to data from the Malaysian Palm oil Council (MPOC), Nigeria's crude palm oil (CPO) import from Malaysia declined from 262,065 metric tonnes in the first nine months in 2021 to 171,011