Economy of Nigeria of 5%. By 2012, expenditures stood at $31.61 billion, while revenues was $54.48 billion. Nigeria ranks sixth worldwide and first in Africa in farm output. The sector accounts for about 18% of GDP and almost one-third of employment. Nigeria has 19 million head of cattle, the largest in Africa. Though Nigeria is no longer a major exporter, due to local consumer boom, it is still a major producer of many agricultural products, including: cocoa, groundnuts (peanuts), rubber, and palm oil. Cocoa production, mostly from obsolete varieties and overage trees has increased from around 180,000 tons annually to 350,000 tons. Major
Wesson cooking oil Wesson cooking oil Wesson cooking oil is a brand of vegetable oil manufactured in Memphis, Tennessee and sold by ConAgra Foods. Historically, Wesson was cottonseed oil, but as of 2009 the products sold under the Wesson brand are oil mixtures that may include canola oil, corn oil, soybean oil or sunflower oil. Wesson was originally a trademark of the "Southern Oil Company", named after David Wesson (1861–1934), a food chemist at the firm who, in 1899 developed a novel process for deodorizing cottonseed oil, producing the first commercial all-vegetable shortenings from cottonseeds. This new product was marketed as "Snowdrift". The