Oil palm

Oil palm

Agro Raw Material
Agro Strategic Material
1 Research Studies
1 States Found
1 Locations
High Priority Level
Found in:
Akwa Ibom

Occurrence & Locations

Detailed information about where Oil palm is found across Nigeria

Abak

Akwa Ibom State • Abak LGA
2019
Location Details:

Abak is a town and Local Government Area in Akwa Ibom State, Nigeria. The LGA was previously part of Cross River State.

Specifications:

Unspecified 

Estimated Reserves:

Unmeasured 

Coordinates: 4.982360°N, 7.789220°E

Overview

Oil Palm (Elaeis guineesis) is an unbranched monoecious plant. It can grow to a length of 20m – 30m and lives up to 200years.It has a typical adventitious root system. All mature plants have a solitary columnar stem with persistent frond bases. The Oil Palm used in Commerce, Elaeis guineesis, is indigenous to West Africa. The major oil palm growing areas in Nigeria  are in the South especially

the South-Eastern and Mid-Western regions ecologically conforming to the tropical rain forest and derived savannah portion of Nigeria.

Uses & Applications

  • Local Dishes
  • Cooking/frying Oil:
  • Shortenings and cooking fats
  • Use in Margarine, confectionery, ice –cream, filled milk and
  • as cocoa butter subtitute
  • Non-domestic margarine:
  • Soap Manaufacture
  • Production of Oleochemical
  • Source of vitamin A and E

Investment Opportunities

Oil palm is an important vegetable oil in the Nigerian oilseed market.  In terms of volumes, the oil palm and kernel oil accounts for about 70% of the Nigerian oil market. The current annual demand for palm oil alone is in excess of 1 million tons. With domestic production at 785,000 MT there is thus a production deficit. Investment opportunities exists  in the development of new oil palm plantation and the expansion of existing ones. In addition to the large plantations, smallholdings and out grower’s schemes are being promoted by the Federal and State Governments.

Related Research

Publications and studies related to Oil palm

Technical Briefs

Mapping the value chain and innovation systems for the oil palm industry in nigeria

2010
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The aim of this report is to map the value chain and production/innovation systems for understanding the potential of selected raw materials in Nigeria with a view to turning them into high value dome...

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