From Farm to Factory: Unlocking Nigeria’s $2 Billion Vegetable Oil Opportunity

Nigeria spends over $500 million every year importing vegetable oils despite having fertile land for sesame, soybeans, groundnuts and palm. Our top oilseed-producing states—Kaduna, Katsina, Benue, Kano and Plateau—together have budgets that match or exceed this import bill. The real gap is local processing infrastructure. Building refineries and extraction plants would spark a multiplier effect: creating industrial lubricants, animal feed and pharmaceuticals while generating thousands of jobs and reducing insecurity in rural areas. This is an invitation to entrepreneurs and investors. The land, the demand and the raw materials are here. Let’s bridge the gap between farm and factory and stop exporting our wealth.

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