Elaeis than oils made from canola, corn, linseed, soybeans, safflower, and sunflowers, it can withstand extreme deep-frying heat and resists oxidation. It contains no trans fat, and its use in food has increased as food-labelling laws have changed to specify trans fat content. Oil from "Elaeis guineensis" is also used as biofuel. Human use of oil palms may date back to about 5,000 years in coastal west Africa. Palm oil was also discovered in the late 19th century by archaeologists in a tomb at Abydos dating back to 3000 BCE. It is thought that Arab traders brought the oil palm to
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