Okomu Set to Commission Two New Oil Palm Estate Estate

Okomu Oil records N4bn profit, pays N1.92bn dividend in H1 2020

Okomu Oil Palm Company PLC wishes to notify its shareholders and other stakeholders that it has commenced arrangement to formally commission its Extension 2 Estate at Ovia North East Local Government Area of Edo State. It is expected that the Company will establish a second Oil Palm Mill at that location very shortly.

This will significantly increase the company’s production capacity and to a large that extent the financial returns of the company.