New outlook points to lower grain and soybean imports as China leans more on local supply.
Lower import volumes and price controls strain the edible oil market, raising concerns over supply stability.
Demand continues to outpace supply, pushing import costs higher and raising pressure on reforms.
Projects in Lengue and Eséka aim to lift farmer incomes and increase palm oil output.
The new facility, located in Ilorin, is designed to process large volumes of soybeans into edible oil and high-protein feed, supporting both Nigeria’s food security agenda and its growing livestock sector.