Elaeis guineensis program. Oil is extracted from both the pulp of the fruit (palm oil, an edible oil) and the kernel (palm kernel oil, used in foods and for soap manufacture). For every 100 kg of fruit bunches, typically 22 kg of palm oil and 1.6 kg of palm kernel oil can be extracted. The high oil yield of oil palms (as high as 7,250 liters per hectare per year) has made it a common cooking ingredient in Southeast Asia and the tropical belt of Africa. Its increasing use in the commercial food industry in other parts of the world is buoyed
Nigeria and the World Bank Nigeria and the World Bank The World Bank is an institution that was established in 1944 and since 1958 has provided Nigeria with low interest rate loans through the International Development Association(IDA) and International Bank for Reconstruction and Development (IBRD). As of 2018, it constitutes of 189 member countries. It’s primary goal was to help and rebuild countries after the World War 2. After its independence in 1960, Nigeria officially joined the World Bank on March 30, 1961.As the World Bank's goals and outreach in different countries have diversified, they have gradually over the years organized the bank into five