Nigeria: Oilseeds and Products Annual

  |   Attaché Report (GAIN)

In June 2019, the Nigerian government formulated a new policy to invest some $500 million in expanded palm oil production. The policy aims to increase palm oil production by 700 percent over the next eight years (i.e., 2019-27), boosting annual local production to 5.0 million metric tons (MMT), up significantly from the marketing year (MY) 2018/19 estimate of 1.0 million metric tons. FAS Lagos forecasts Nigeria’s MY 2019/20 palm oil production to reach 1.14 MMT, up 12 percent compared to the previous year. Nigeria has the potential to become a significant market for oilseeds, oil meals, and oils for domestic and industrial consumption.

Nigeria: Oilseeds and Products Annual

Related Reports

On January 4, 2023, the People’s Republic of China (PRC) National Health Commission (NHC), Ministry of Agriculture and Rural Affairs (MARA), and State Administration of Market Regulation (SAMR) jointly announced the publication of a new National Food Safety Standard for 112 Maximum Residue Limits (MRLs) in Foods.
Attaché Report (GAIN)

Philippines: Corn TRQ Administration

The Philippines maintains a Tariff Rate Quota (TRQ) for corn (H.S. 1005). Following the reduction of tariffs in 2022 and their extension in 2023, significant interest in how to access the in-quota tariff ensued, and in turn, so followed widespread concern among local stakeholders for the process being anti-competitive, outdated, and potentially inconsistent with the Philippines' commitments with trading partners.
On February 15, 2023, Commission Regulation (EU) 2023/334 amending Annexes II and V to Regulation (EC) No 396/2005 lowering the maximum residue levels (MRLs) for clothianidin and thiamethoxam in or on certain products was published in the Official Journal (OJ).