Elaeis Elaeis Elaeis () is a genus of palms containing two species, called oil palms. They are used in commercial agriculture in the production of palm oil. The African oil palm "Elaeis guineensis" (the species name "guineensis" referring to its country of origin) is the principal source of palm oil. It is native to west and southwest Africa, occurring between Angola and Gambia. The American oil palm "Elaeis oleifera" () is native to tropical Central and South America, and is used locally for oil production. Mature palms are single-stemmed, and can grow well over tall. The leaves are pinnate, and reach
Corruption in Nigeria friends and cronies, which eventually gave rise to the current class of nouveau riche in Nigeria. From banking to oil and import licenses, IBB used these favors to raise cash for himself and his family, and is regarded as one of the richest ex-rulers of Nigeria supposedly with significant investment in Globacom—one of the largest telecom operators in Nigeria, regarded as a front for his empire. The death of the general Sani Abacha revealed the global nature of graft. French investigations of bribes paid to government officials to ease the award of a gas plant construction in Nigeria revealed the