Nigeria used to dominate the global palm oil market, accounting for 43 percent of the world's supply. Today, the country now spends millions of dollars importing the commodity because local farms simply cannot keep up with domestic demand.
The shift highlights decades of underinvestment in planta
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Josephine Okojie-Okeiyi
Josephine Okojie-Okeiyi is a journalist with over five years’ reporting experience. She writes on industry, agriculture, commodities, climate change, and environmental issues.
She is fellow of Thomson Reuters Foundation and Bloomberg Media Initiative for Africa.