Palm Oil’s bet on Revitalizing the Nigerian Economy

Palm Oil Production in Africa, Image courtesy of Ensia.

Palm Oil as they say is a Silent Goldmine. It was a lifesaver in the 80’s and has the potential to help re-build the oil driven economy that has lost it steering. But how can this happen? This article explores the road map.

Historians believe that the use of palm plants as a food source dates back 5,000 years ago to West Africa. Oil palm trees grow in warm climates that have…