Is there policy support for starting a palm kernel oil processing business in Nigeria?

The Nigerian government has introduced a series of policies to benefit farmers. If you start a palm kernel oil processing business in Nigeria, you can get government support. The specific policies to benefit farmers are as follows:

1) Nigeria plans to invest 180 billion naira ($500 million) to increase its palm oil production from about 600,000 tons per year to 5 million tons per year by 2027.

2) The Nigerian government encourages the construction of palm oil mills and palm kernel oil mills in all continents in Nigeria.

3) Local governments in Nigeria are encouraging people to start palm oil and palm kernel oil processing businesses by lowering bank loan interest rates;

Carrying out palm kernel oil processing business can get support from the Nigerian government. Carrying out palm kernel oil processing business in Nigeria is feasible and profitable. If you are in Nigeria and want to do business you may want to consider palm oil processing business or palm kernel oil processing business. Henan Huatai Cereals and Oils Machinery Co., Ltd. specializes in manufacturing palm oil machinery, palm fruit oil extraction, palm kernel oil extraction, palm crude oil refining and fractionation.