NEPC Calls for Scaled Up Production of Palm Oil

The Nigerian Export Promotion Council has harped on the need for oil palm farmers and processors to scale up production to meet the rising demand for palm oil in the export market.

NEPC Trade Promotion Advisor, Iyabode Abe, disclosed that Palm oil is ranked to be Category A product in Zero oil plan.

Abe added that it trades at an average of $35billion annually at the global market with Nigeria’s target share of the market at five per cent.