Monday, July 26, 2010

Investment opportunities in the oil palm industry in nigeria:prospects & challenges?

oil palm industry in nigeriaInvestment opportunities in the oil palm industry in nigeria:prospects %26amp; challenges?
Oil palm industry is a growing industry in Nigeria and they are importing knowledge and technology from Malaysia and Indonesia which have already established their oil palm industry successfully. So, it's a growing industry with a bright future, and I'd say it's a good investment, you can earn a lot of money.Investment opportunities in the oil palm industry in nigeria:prospects %26amp; challenges?
I think Malaysia still a better place to invest in oil palm plantation because of its experience, regulating authority ( Malaysian palm Oil Board). Even Indonesia do not have a good set-up therefore the world market prices of Indonesian palm oil products are lower. Report Abuse

Are you for real?





The palm oil industry was once a prime driver in the Nigerian economy. Then came competition from Malaysia (and others), independence and then rapid disintegration from around 1980.





Prospects are clear: It is a no go; not even a go-slow.





You can write tons of pages about the challenges.
who cares ? the only palm oil I've seen is the one oily palm holding 419 letters around the world.
Wow you only just learned where the place is!
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