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In this grab taken from video, workers stand by a container to collect oil spill waste, in Ogoniland, Nigeria, June 16, 2023. (AP Photo)
Sweet Crude is a documentary film about Nigeria's oil-rich Niger Delta directed by Sandy Cioffi.The film premiered in April 2009 at the Full Frame Documentary Film Festival and has since screened at 30 film festivals around the world and has won numerous awards.
An adoption and implementation of a new constitution in 1954 created the Eastern Region Marketing Board which acquired most of the assets of the Nigeria Oil Palm Produce Marketing Board. [4] From 1954 onward, the responsibilities of the board began to change, surplus funds were accumulated and used to finance public and private institutions in ...
While the popularity of selling stolen oil increases, the number of deaths caused by explosion increase as well. In late December 2006 more than 200 people were killed in the Lagos region of Nigeria in an oil line explosion. [31] [32] Nigerian regulations of the oil industry are weak and rarely enforced, allowing in essence, the industry to ...
As of 2007, Nigeria's oil revenue totaled $340 billion in exports since the 1970s and it was the fifth largest producer. [53] Nigeria imports most of its motor spirit, though it is a major oil exporter, and when fuel subsidies were lifted in January 2012, fuel increased from roughly $1.70 per gallon to $3.50. [54]
Okomu Oil Palm Company Plc is a Nigeria-based company that is involved in oil palm plantations, palm kernel processing, and rubber plantations. Okomu Oil produces crude palm oil, palm kernel, palm kernel oil, and palm kernel cake. In 2023, Okomu Oil's revenue grew by 26.61% year-over-year to N75.108 billion. [1]
The Nigeria component was renamed Nigeria Institute for Oil Palm Research (NIFOR) by the Research Institute's Act 33 of 1964. [1] Same year, the institute mandate was expanded to include coconut, raphia, date palm and some skeletal works on coconut mostly to understand the coconut pest and diseases, coconut nutrition. [1]
The palm oil industry constitutes another sector of the Nigerian economy, providing food and raw materials for the food, cosmetics, pharmaceuticals, plastics, and bio-energy industries. In Nigeria, the institute with information about oil palm is the Nigeria Institute for Oil Palm Research. The formal mandate of the institute is to conduct ...