Nigeria

The initiative, which aligns with the Renewed Hope Agenda, will focus on expanding oil palm cultivation, modernizing processing facilities, and strengthening market linkages for smallholder farmers. It will also encourage private sector investment to enhance competitiveness and drive exports.

This growth underscores the company’s resilience and strategic expansion within the Nigerian and regional food markets despite a complex macroeconomic environment.

The programme aims to support 100,000 farmers with better inputs and advice across key states.

The proposal includes the acquisition and development of approximately 14,000 hectares for plantations and associated agro industrial activities.

While production may slip, consumption is expected to remain stable at 11.7 million tonnes