‘Importation of crude palm oil crippling local industries’ Read here Palm oil The National Palm Produce Association of Nigeria (NPPAN), Ondo State chapter, has raised the alarm that unrestricted and illegal importation of crude palm oil into the country from neighbouring African countries poses great threat to the nation’s economy.
Before the advent of crude oil, Nigeria was the number one producer of the commodity in the world as palm oil contributed about 65 to 70 per cent of her total revenue. But the story is not the same today, as stakeholders alleged that some government officials are working against massive production of palm oil to enrich their pockets from ...
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Looking at recent news that relate to FDI projects for palm oil in West Africa: 29 Aug 2016: Bidco protestors, angst in East Africa about local oilseeds Bidco fends off protestors over palm oil August 28, 2016 -- Bidco, the Kenya-based vegetable oil producer and manufact
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2 Mar 2025: India import tax hike against palm oil rattles traders Editor's note: Here's my summary of some high-key palm oil trade issues in selected countries. The news on the India import tax hikes against palm oil hit today. The Khor Reports team has our heads down in the data and maps, but we
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Thus, this paper explores the contours of food importation, agricultural positions, related policy challenges and implications for sustainable rural development in Nigeria. Strong analytical ...
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BULK DENSITIES Air Ash Bunch Cracked mixture Crude Palm Oil Diluted crude oil Fibre Fresh Fruit Bunch Fruitlets Palm Kernel Oil Palm Nuts Palm Olein Palm Stearin Press expelled cake Pure water without air at 30degC Shell Sludge Sterilized Fruit Vegetable oils Water at 4 deg.C max. Methane yield of kg mill effluent dry matter. 3/3/01 23:56 ...
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Federal Government cuts electricity tariff by 50%. Oil output threatened, says Alison-Madueke. Buhari: No bloody polls. Jonathan, Jega, service chiefs assess preparations for elections.
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This study examines the effects of the Nigerian currency’s devaluation and related government trade restriction policies on four key agricultural value chains in the Niger Delta region. These ...
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Oil spills, the burning of toxic wastes, and urban air pollution are problems in more developed areas. In the early 1990s, Nigeria was among the 50 nations with the world's highest levels of carbon dioxide emissions, which totaled 96.5 million metric tons, a per capita level of 0.84 metric tons. However, emissions levels have since dropped ...
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Palm oil The National Palm Produce Association of Nigeria (NPPAN), Ondo State chapter, has raised the alarm that unrestricted and illegal importation of crude palm oil into the country from neighbouring African countries poses great threat to the nation’s economy. Aside the massive unemployment which it would cause the nation, the association revealed that substandard
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The National Palm Produce Association of Nigeria (NPPAN), Ondo State chapter, has raised the alarm that unrestricted and illegal importation of crude palm oil
Get Price
The National Palm Produce Association of Nigeria (NPPAN), Ondo State chapter, has raised the alarm that unrestricted and illegal importation of crude palm oil into the country from neighbouring African countries poses great threat to the nation’s economy. Aside the massive unemployment which it would cause the nation, the association revealed that substandard product
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Plantation Owners Forum of Nigeria (POFON) has blamed importation and smuggling of palm oil into the country as factors crippling local production in Nigeria. Speaking at a joint press conference on stemming the tide of rising crude palm oil imports into the country, in Lagos yesterday, POFON Chairm
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The National Palm Produce Association of Nigeria (NPPAN), Ondo State chapter, has raised the alarm that unrestricted and illegal importation of crude palm oil i
Get PriceOf course, the federal government is striving to sustain the crude palm oil industry of the country but the country need to have a stable economy and survival in the palm oil industry. In 2006, the federal government put a ban on the importation of vegetable and palm oil into the country to encourage the plantation of palm trees and oil refineries in other to boost the production of palm oil.
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In an effort to encourage local production, the government introduced an import tariff of 35% on Crude Palm Oil (CPO). Despite this, the palm oil industry in Nigeria has remained very fragmented, dominated by small scale farmers which results in significantly lower quantiy and quality of output in comparison to the country's production potential.
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In an effort to encourage local production, the government introduced an import tariff of 35% on Crude Palm Oil (CPO).Despite this, the palm oil industry in Nigeria has remained very fragmented, dominated by small scale farmers which results in significantly lower quantity and quality of output in comparison to the country’s production potential.
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Stakeholders have been reacting to the Federal Government’s renewed plan of outright ban of palm oil importation. While some consider it as a right step towards developing local production
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2020-01-09· Four industry sources said this is an effective ban on imports of refined palm oil, meaning India can now only import crude palm oil. This will hit Malaysia, the main supplier to India of refined
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MUMBAI — Indian palm oil importers have effectively stopped all purchases from Malaysia after the government privately warned them to shun product from the country following a diplomatic spat
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2020-03-30· Indonesia’s palm oil exports to China have plummeted by half in volume amid global uncertainties, an industry source has said. The Indonesian Palm Oil
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MUMBAI/KOLKATA — India, which restricted imports of refined palm oil and palmolein in January, has exempted Nepal and has started issuing licenses to import some refined palmolein from the
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Myanmar’s palm oil industry heads for a sustainable path. Fuelled by a need to meet Myanmar’s demand for cooking oil and reduce the high cost of palm oil imports (which cost the country $376 million in 2012 from Indonesia and Malaysia), to date over 140,000 hectares of oil palm have been planted and 400,000 hectares allocated to over 40 local and three international companies.
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India has raised import tax on crude palm oil to 44% from 37.5%, a government notification said on Saturday, as the world's biggest palm oil importer tries to boost local oilseed production. The
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“There is room for improvement, they are asking for crude palm oil (CPO) at a lower price,” she told a press conference at her ministry here today, adding that detailed discussions would be
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‘Importation of crude palm oil crippling local industries’ Read here Palm oil The National Palm Produce Association of Nigeria (NPPAN), Ondo State chapter, has raised the alarm that unrestricted and illegal importation of crude palm oil into the country from neighbouring African countries poses great threat to the nation’s economy.
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2025-05-26· The National Palm Produce Association of Nigeria (NPPAN) says the country will benefit a lot from Crude Palm oil (CPO) as a leading foreign exchange earner with its price now 500 dollars per tonne against 426 dollars of crude oil. The association disclosed this in a statement signed by its National President, Mr Henry Olatujoye, on Sunday in
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MUMBAI — India imposed restrictions on imports of refined palm oil and palmolein on Wednesday, a move sources said was retaliation against top supplier Malaysia after its criticism of India&r
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MUMBAI/NEW DELHI — India plans to impose an extra 5% tax on vegetable oil imports within weeks and use the revenue to help boost the country’s stagnating oilseed production, two government
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MUMBAI — India imposed restrictions on imports of refined palm oil and palmolein on Wednesday, a move sources said was retaliation against top supplier Malaysia after its criticism of India&r
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2025-12-31· Imports of refined palm oil are set to jump in the coming months as the duty gap between crude and refined palm oil has narrowed to 7.5% from 10% earlier, said B.V. Mehta, executive director of
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Global Palm Oil Market Overview 2025: The global palm oil market increased from 50.0M tonnes in 2007 to 59.9M tonnes in 2016, expanding with an annual average growth rate of
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The government on Friday hiked the import duty on crude palm oil to 15 per cent from 7.5 per cent and on refined to 25 per cent from 15 per cent to curb cheaper shipments and boost local prices for supporting domestic farmers and refiners.. The import duties on other crude edible oils like soya and sunflower have been raised to 17.5 per cent from 12.5 per cent, according to a notification
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2016-09-23· India has cut import taxes on wheat, crude palm oil and refined vegetable oils, a finance ministry order showed on Friday, as part of efforts to curb food inflation. New Delhi lowered the wheat
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Due to the collapse of demand in other markets, palm oil prices have fallen drastically, and local producers simply cannot compete with the cheaper imports. Imposing a tariff on palm oil imports — there is currently none — is simply a form of price control to temporarily level the playing field for domestic producers. This is a reasonable
Get PriceIndia says probing jump in refined palm oil imports from Malaysia MUMBAI, Aug 17 (Reuters) India has initiated a probe into whether a jump in refined palm oil shipments from Malaysia is causing serious injury to domestic industry, the trade ministry's investigative arm said in a statement.
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Imports of crude and processed palm oil are both subjected to a 35% import duty (highest in the West African Region). These policies were enforced with the aim to reduce dependency towards palm oil imports and increase local production as well as to conserve Nigeria’s dwindling foreign currency reserve. It was reported that Nigeria spent
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Last year, India bought 4.4 million tonnes of palm oil from Malaysia, accounting for 24% of all Malaysian palm oil exports. The second biggest buyer of Malaysian palm oil, China, bought just 2.4 million tonnes last year, while the third largest buyer was Pakistan with 1.08 million tonnes, according to data from the Malaysian Palm Oil Council.
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India has raised import tax on crude palm oil to 44% from 37.5%, a government notification said on Saturday, as the world's biggest palm oil importer tries to boost local oilseed production. The notification confused traders as on Dec. 31, India cut import tax on crude palm oil imported from Southeast
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