Vegetable oil and related products industry in Nigeria are nearing total collapse as no fewer than 25, 000 out of the 30,000 direct jobs in the sector have been lost due to the influx of substandard processed oil dumped into the economy.
This near collapse is as a result of government unfavourable policies and policy reversals. This is coming on the heels of government propaganda on job creation in the midst of continued rising unemployment in the country.
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