Thursday, 2nd May 2024
To guardian.ng
Search

Nigeria bids to revive its ailing palm oil sector

In Nigeria, the government has launched a drive to revive the country's once thriving palm oil business, part of a bid to diversify away from petroleum and help create jobs. But small-scale producers say that loans from the Central Bank of Nigeria are only going into the pockets of bigger factory owners.

 

In this article

0 Comments

Your email address will not be published. Required fields are marked *

Related

1 day ago
The Economist unveiled its annual publication, The World Ahead 2024, under exclusive license to CT productions. The well-attended event took place on the 25th of April and featured leaders from various sectors highlighting issues and providing practical solutions for the future.
2 days ago
Find these stories and much more when you grab a copy of The Guardian on Wednesday.
1 day ago
As we share the resilience and dedication of workers in Nigeria on this dedicated day, GuardianTV shines the spotlight on the pressing issue of fair compensation and also explores some other challenges of workers across the nation. We spoke with Nigerian workers and they reacted to the current 30,000 Naira minimum wage and other issues affecting the workforce.
1 hour ago
To mark International Workers' Day, anti-poverty NGO Oxfam has released analysis showing that between 2020 and 2023, shareholders saw their dividend payments increase by 45 percent while workers saw their wages increase by just 3 percent.
1 hour ago
For many months, the weather all over Nigeria has been relatively hot. Many citizens have complained About the sun during the day, not being able to sleep at night, and wearing skimpy clothes during the day as the sun shone as though it was its last. GuardianTV spoke with Nigerians and professionals about their experiences and how to survive during the heatwave.
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.