Nigeria produces enormous quantities of Crude Palm Oil but captures almost none of the value in Palm Kernel Oil or refined products. Understanding the difference between CPO, PKO, and RBDPO is the first step to understanding where the money actually is.

HIBGLI Agro Ventures is committing ₦7.5 billion to transform Ondo State's palm oil sector — 1,200 farmers, 20 cooperatives, a 1,000-hectare demonstration farm, and a path to ₦11.55B annual revenue. Here is the full picture.

Palm oil is in half of all packaged goods globally. Africa produces 7% of the world's palm oil and processes almost none of it into derivatives. The food, oleochemical, and biofuel industries that should exist on this continent are currently in Kuala Lumpur and Rotterdam.