Nigeria's Palm Oil Import Bill Rises 194% to N23 Billion

Nigeria's palm oil import bill surged by 194.4 percent year-on-year to N23.16 billion in the first quarter of 2026, attributed to factors like urbanization and population growth.

19 Aug, 06:55 — 19 Aug, 06:55

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vanguard-ngMixed18d ago

Palm oil import bill rises 194% to N23bn

… Stakeholders tie rise to urbanisation, population growth, othersBy Cynthia AloNigeria’s import bill on palm oil rose by 194.4 percent year-on- year (yoy) to N23.16 billion in the first quarter of 2026 (Q1’26) from N7.87 billion in the corresponding period of 2025 (Q1’25). This is contained in the National Bureau of Statistics (NBS) Foreign Trade […] The post Palm oil import bill rises 194% to N23bn appeared first on Vanguard News.

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Nigeria's Palm Oil Import Bill Rises 194% to N23 Billion

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Palm oil import bill rises 194% to N23bn

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