Tag: Okomu Oil

How Okomu Oil has helped fuel economic development in Edo state – Gbenga Oyebode

Gbenga Oyebode, Chairman of the Management Board of Aluko and Oyebode and President of Okomu Oil says Okomu oil is the second largest employer of labour with a minimum of 2000 thousand employees a figure which doubles during harvest season. He discussed the firm’s contribution to Edo State with CNBC Africa’s Wole Famurewa on the side-lines of the 2018 Alaghodaro Summit.

Okomu Oil posts decline in half-year profit

Okomu Oil recorded a 22 per cent decline in half year profit after tax to 2.47 billion naira, despite the 26 per cent reduction in operating expense. Graham Hefer, Managing Director of Okomu Oil Palm joins CNBC Africa to give us the facts behind the number.