Nigerian billionaire Rasheed Sarumi's Presco commits $200 million to Ondo oil palm project
Billionaires Africa | 02.08.2026 07:06
Presco will invest an initial $200 million, about ₦278 billion, in Ondo State to build large-scale oil palm plantations, a processing mill and a refinery, the company's chief executive Rasheed Sarumi said on Friday.
