Nigeria to join palm oil producers’ council, envoy says
Nigeria is working towards full membership of the Council of Palm Oil Producing Countries to boost agricultural cooperation, says an envoy in Indonesia. Read More: https://punchng.com/nigeria-to-join-palm-oil-producers-council-envoy-says/
Nigeria aims to fully join the Council of Palm Oil Producing Countries (CPC) to enhance agricultural collaboration and trade ties with Indonesia, according to the country's Charge d'Affaires ad interim, Eze Nduka Thomas. Speaking to Nigerian journalists at the Nigerian Embassy in Indonesia, Thomas emphasized the importance of deepening cooperation with the Southeast Asian nation.
Nigeria is anticipated to join the CPC council after its current observer status expires at the end of 2026. The council, an intergovernmental organization, facilitates cooperation among palm oil-producing countries, including Indonesia and Malaysia, on matters such as international trade barriers, sustainability regulations, and market access.
Nigeria currently produces around 1.4 million metric tonnes of crude palm oil annually, while domestic demand stands at approximately three million tonnes. The council has granted Nigeria a two-year waiver of membership fees if it becomes a full member. Thomas highlighted the strong relationship between Nigeria and Indonesia, urging Nigerian investors to capitalize on business opportunities in Indonesia, particularly in sectors such as pharmaceuticals, healthcare, oil and gas, and chemical industries.
He advised Nigerians to study Indonesian business practices and build trust with potential partners. Thomas cautioned Nigerian businesses to address Indonesian concerns regarding risk-taking and the need to establish trust before engaging in transactions. He also urged participants at the Trade Expo Indonesia to demonstrate their business legitimacy, proper registration, and ability to fulfill contractual obligations.
Bilateral trade between Nigeria and Indonesia amounted to over $4.78 billion as of September 2025, with both nations committed to increasing trade volumes. Thomas mentioned that the mission had bolstered consular services and secured an office for the Nigerian Immigration Service in Indonesia, easing difficulties previously faced by Nigerians seeking immigration-related assistance.
The embassy continuously monitored the welfare of Nigerians in Indonesia and intervened in cases of detainment, conducting investigations and supporting burial or repatriation arrangements where necessary. Thomas cautioned Nigerians against traveling to Indonesia without a legitimate purpose, particularly those seeking employment or business opportunities, urging them to verify offers and comply with local laws.
Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.