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- Palm oil makers’ sustained gains pull N2.13trn investments
August 5, 2025
The sustained profits of Nigeria’s palm oil makers have drawn more than N2.13 trillion investment into the thriving industry in the last seven years, creating thousands of jobs and giving hopes to smallholder farmers. Presco PLC and Okomu Oil Palm Company, Nigeria's biggest palm oil makers, have posted record profits for seven straight years despite challenging economic conditions. Driven by strong demand, foreign exchange (FX) scarcity, rapid rising population and favourable market trends, Nigeria’s palm oil markers are showing that the The sustained profits of Nigeria’s palm oil makers have drawn more than N2.13 trillion investment into the thriving industry in the last seven years, creating thousands of jobs and giving hopes to smallholder farmers. Presco PLC and Okomu Oil Palm Company, Nigeria's biggest palm oil makers, have posted record profits for seven straight years despite challenging economic conditions. Driven by strong demand, foreign exchange (FX) scarcity, rapid rising population and favourable market trends, Nigeria’s palm oil markers are showing that the 
