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Nigeria Faces Over 1 Million Tonnes Palm Oil Deficit as Production Lags Behind Demand – FG

Summary by naija247news.com
https://naija247news.com/feed/ Abuja, April 28, 2026 (Naija247news) – The Federal Government says Nigeria produces about 1.4 million metric tonnes of palm oil annually, while domestic demand stands at more than 2.5 million metric tonnes, creating a supply gap of over one million metric tonnes. The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, disclosed this on Thursday at the National Stakeholders Meeting on the Joint Developme…
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naija247news.com broke the news on Wednesday, April 29, 2026.
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