Palm oil million metric tonnes. In 2012, Malaysia, the world's second largest producer of palm oil, produced 18.79 million tonnes of crude palm oil on roughly of land. Though Indonesia produces more palm oil, Malaysia is the world's largest exporter of palm oil having exported 18 million tonnes of palm oil products in 2011. China, Pakistan, the European Union, India and the United States are the primary importers of Malaysian palm oil products. As of 2011, Nigeria was the third-largest producer, with approximately under cultivation. Until 1934, Nigeria had been the world's largest producer. Both small- and large-scale producers participated in the
Nigeria and the World Bank to speed. In July 2018, The World Bank decided to extend its Country Partnership Strategy with Nigeria until June 30th 2019. In doing so, 7 new projects worth $2.1 billion were approved to start in Nigeria. These projects will be carried out through multiple IDA credits. The main focus of these projects is on key sectors that will lead to economic growth and stability in the upcoming years alongside the Economic Recovery and Growth Plan (ERGP).Through this, the already existing Nigeria Erosion and Watershed Management Project (NEWMAP) was also funded with $400 million to reduce and work against soil and