in Short
Nigeria : a 300 million euro investment in palm oil industry
![](https://africa-news-agency.com/wp-content/uploads/2024/12/@National-Palm-Oil-Producers-Association-of-Nigeria.jpg)
The National Palm Oil Producers Association of Nigeria (NPPAN) aims to attract €300 million in investments by 2026 to boost palm oil production. Targeting investors from Germany, Italy, France, Belgium, and Malaysia, the project will focus on the Cross River and Akwa Ibom states. Five new production chains will be created, generating over 1,000 jobs, particularly in palm wine production and palm trunk processing.