Nigeria imported castor oil and shea butter for $264 million in 2021, according to the Raw Materials Research and Development Council.Information Guide Nigeria
The Chairman of the Manufacturers Association of Nigeria’s Chemical and Pharmaceutical Sectoral Group, Mr. Rotimi Aluko, said in a speech at a strategic sectoral dialogue session on the future of the chemical and pharmaceutical industry in Nigeria on Tuesday in Lagos that in 2021, the nation spent $114 on the importation of shea butter and $150 on castor oil.
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Aluko said, “Nigeria imported shea butter worth N114m in 2021. The council developed the technology and equipment for Shea nut processing. The plant was upgraded by introducing a more efficient kneader. The technology has been adopted by private sector operators.”JAMB Result
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