- Armed attacks on Okomu Oil facilities in Edo State disrupt operations, leading to a significant profit decline
- Company calls for improved security as it forecasts a 68% drop in second-half profits
Abuja, Nigeria – Okomu Oil Palm Plc, a Nigerian agricultural firm majority owned by Belgian company Socfinaf S.A., reported a 68% decline in profits for the second half of this year, following a series of armed attacks on its facilities by gunmen.
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