Over 100 imported vegetable oil brands dominating local market despite ban — Ikoro

Despite the retention of vegetable oil on the Federal Government's prohibition list under the 2026 fiscal policy measures, the National Chairman of the Vegetable/Edible Oil Producers Association of Nigeria (VEOPAN), Okey Ikoro, said the local market is still dominated by more than 100 imported oil brands, warning this threatens investments and discourages backward integration in the sector.

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