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Okomu Oil Palm Company Plc is a Nigeria-based company that is involved in oil palm plantations, palm kernel processing, and rubber plantations. Okomu Oil produces crude palm oil, palm kernel, palm kernel oil, and palm kernel cake. In 2023, Okomu Oil's revenue grew by 26.61% year-over-year to N75.108 billion. [1]
A Nucleus oil palm estate project was initiated by the Western Nigerian government under Adeyinka Adebayo as a way to boost the economy of small towns and rural areas. . These oil palm estates were developed beginning in 1969 and additional acreage were to be developed between the years 1975 and 1983, initially planned to include 6,000 hectares of planted oil palm fruits and 4,000 hectares ...
The United Africa Company of Nigeria is a Nigerian publicly listed company based in Lagos. Its areas of operation include manufacturing, services, logistics and warehousing, agricultural and real estate. UACN's food operations include UAC Franchising, UAC Restaurants and UAC Dairies.
Between 2011 and 2015, Olam's palm oil trade volume grew by approximately twenty times—from 71,000 tons to 1.53 million tons. [38] Despite Olam's stated commitment to RSPO-certified palm oil, the company shunned transparency as it expanded its palm oil production. [39] [40]
SOCFIN Group, also known as the Société Financière des Caoutchoucs is a holding company listed on the Luxembourg Stock Exchange, it has direct and indirect interest in oil palm and rubber plantation operations and marketing of oil palm seeds in Asia and Africa.
The company said the clean-up, conducted by the Bodo Mediation Initiative (BMI), which is meant to serve as a mediator between oil companies, including Shell, and the Bodo community (and is part ...
Company Industry Revenue (US$ millions) Profits (US$ millions) 1 Nigeria National Petroleum: Oil and gas 9,706 1,877 2 Nigeria Liquefied Natural Gas: Oil and gas 6,315 ... 3 MTN Nigeria: Telecommunications 3,514 536 4 Dangote Cement: Cement 2,699 721 5 Nigerian Petroleum Development: Oil and gas 2,686 219 6 Flour Mills of Nigeria: Agroindustry ...
A company backed by US investors sold "deforestation-free" palm oil to the makers of Cheetos, Colgate and Pepsi. But its investors have ties to the company that cleared Amazonian rainforest for ...