Camela Vegetable Oil Company Ltd formerly known as R.O Ikoro and Sons Ltd was incorporated in June 1960 as a Limited Liability Company dealing in Agricultural Produce and Palm Oil Milling.

In 1985, the company expanded into Palm Kernel Nut Crushing for the extraction of Palm Kernel Oil (PKO) and Palm Kernel Cake (PKC). The next major expansion was in 1998 which was the installation of the Vegetable Oil Refining for the processing of palm kernel oil (PKO) into vegetable oil and fatty acid. The vegetable oil was branded Camela Vegetable Oil and hence the new name of the company in August 2000 to Camela Vegetable Oil Co. Ltd. The company having met all requirements of National Agency for Food, Drug and Alcohol Control (NAFDAC) and the Standard Organization of Nigeria (SON) have since being issued a NAFDAC number 01-2016L and a Mandatory Conformity Assessment Certificate Programme (MANCAP) Number: FT-697.Camela Vegetable Oil co. Ltd in 2007 expanded into fish farming and fish feed production.

Presently it has an installed feed production capacity of 2metric tons per day and utilize only 30% of it.

The company has a 150MT per day palm kernel oil extraction plant and a 60MT per day vegetable oil refining plant.