Palm Oil Entrepreneurship in 19th Century Nigeria Term Paper by Top Papers
Palm Oil Entrepreneurship in 19th Century Nigeria
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The paper reveals that entrepreneurship in Nigeria was represented in the late 19th century by the development of the palm oil trade. The paper discusses how while paternalistic colonialists felt Africans couldn't establish businesses on their own, the evidence refutes this. The paper uses the case of JaJa of Opobo as a case in point and discusses how JaJa recognized the situation and monopolized the trade in the late 19th century, but Britain, unable to tolerate an African in control, arrested him.
From the Paper:"Palm oil is produced from the fruit of a variety of palm tree known as Elaeis guineensis. Native to West Africa, and also common in areas of Eastern Asia, The Pacific and Latin America, palm oil and palm kernel oil, were used by Europeans for soap, candles, lubricants and early margarine. The Oil Palm has a high oil content when compared to most other common vegetable oil sources. By the late 19th Century West Africa, particularly the region around the delta of the Niger or "Oil" River was a leading center of palm oil production (Bergert, 10). In addition to production for trade, the fruit was used as a food source,..."
Cite this Term Paper:
Palm Oil Entrepreneurship in 19th Century Nigeria (2007, December 01) Retrieved June 07, 2023, from https://www.academon.com/term-paper/palm-oil-entrepreneurship-in-19th-century-nigeria-136155/
"Palm Oil Entrepreneurship in 19th Century Nigeria" 01 December 2007. Web. 07 June. 2023. <https://www.academon.com/term-paper/palm-oil-entrepreneurship-in-19th-century-nigeria-136155/>