Abstract

Oil palm is one of the most oil bearing plant in the world and it has diverse uses. Oil palm is grown in tropical and subtropical regions with suitable environmental conditions. Nigeria presently is the fifth largest producers of oil palm accounting for about 1.5% of global output behind Indonesia, Malaysia, Thailand and Colombia. The continued population growth industrialization and expansion has resulted to increased demand for palm oil (i.e the major product from oil palm). Nigeria domestic supply can only meet about 55% of the total demand. Hence, the deficits are met through importation. This study aimed at evaluating the opportunities and weakness/threat of the Nigeria oil palm sector and ways of overcoming the pitfalls were suggested.



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