supply high grade vegetable oil refining in Nigeria

Golden Oil Golden Oil

  • supply high grade vegetable oil refining in Nigeria
  • supply high grade vegetable oil refining in Nigeria
  • supply high grade vegetable oil refining in Nigeria
  • supply high grade vegetable oil refining in Nigeria

Refining Vegetable Oils: Chemical and Physical Refining

Palm and Palm Kernel Oil Production and Processing in Nigeria

Edible Oils in Nigeria Market Research Report Euromonitor

Research Document: Domestic Refining of Crude Oil in Nigeria

  • What is a unique feature of the Nigerian vegetable oil market?
  • A unique feature of the Nigerian vegetable oil market is a household product in which palm oil and palm kernel oil are blended at ratios 20:80 to 40:60. This product evolution arose from the need to reduce production cost because palm oil is always cheaper than palm kernel oil in the Nigerian market.
  • Why do Nigerian refineries use palm kernel oil?
  • More than 60% of refineries in Nigeria are built on palm kernel oil as raw materials. This is because processing of palm kernel oil involves degumming, bleaching, deodorization, cooling, and packaging. This product is liquid at ambient conditions except during the rainy season when the product congeals due to low temperatures (<20°C).
  • Why was unfractionated refined palm oil not marketable in Nigeria?
  • Unfractionated refined palm oil was not marketable to industrial end users in Nigeria hence the boom in the smuggling of refined bleached and deodorized palm olein from Malaysia and Singapore and the extraction of palm kernel oil for household frying.
  • What if Nigeria kept its market dominance in the palm oil industry?
  • According to the Central Bank of Nigeria (CBN), if Nigeria had maintained its market dominance in the palm oil industry, the country would have been earning approximately $20 billion annually from cultivation and processing of palm oil as at today. To meet the supply gap of palm oil, the country had to depend on importation over the years.

Maybe you will like