Archive FG Signs MoU with PZ Wilmar to Improve Palm...

FG Signs MoU with PZ Wilmar to Improve Palm Production

-

- Advertisment -

The Federal Government through the Ministry of Agriculture and Rural Development, yesterday, signed a Memorandum of Understanding(MoU) with PZ Wilmar, aimed at boosting palm oil production.

The Minister, Chief Audu Ogbeh said “with the MoU it is only a matter of time for Nigeria to achieve full sufficiency and meet the demands of the rest of the world.”

He said “we were there before we slacked, we lost our position but the potential has never disappeared.”

Speaking at the signing ceremony in Abuja yesterday, Ogbeh said “We either get out of this trouble by local productivity, production and job creation or we will see our country go down and that is not an option that we want to contemplate; there is no fooling around in this matter, we just have to get out of trouble.”

Describing the PZ Wilmar group as the type of investors Nigeria needs, Chief Ogbeh said “ it’s people like you, your continuous investment and faith in this country that can make this happen.”

Also speaking, Chairman, PZ Cussons  Chief Kola Jamodu ,CFR, said “the essence of the MoU is to promote research into how Nigeria can regain it’s prime position in crude palm oil”.

“Today we have 3 locations covering about 30,000 hectares  and our first set of fruits have just started coming out”

“We thought to share our knowledge with the Nigeria Institute for Oil Palm Research (NIFOR), so that we can translate it to other farmers and provide the right opportunities to thousands and millions of youths that are today just wallowing all over the place” he added.

The Executive Director, NIFOR, Omorefe Asemota said “the MoU is a milestone as PZ are major stakeholders in the development of any industry and the agricultural industry needs investors, in this particular case, PZ Wilmar”

He noted that there is need for strong research because that is where the inputs come from, technology and information, adding that “from these two there is need for synergy”.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

JONAPWD-LAGOS Commends Sanwo-Olu For Restoring Disability Empowerment Fund

Kenneth Afor |  The Joint National Association of Persons Living With Dissabilities (JONAPWD ) in Lagos state has commanded Babajide...

Groups Call On Judicial Panels Of Inquiry To Dispense Justice On Victims, Survivors Of Police Brutality

Kenneth Afor | The Network on Police Reform in Nigeria (NOPRIN) and Centre for Law Enforcement Education (CLEEN Foundation) has...

COVID-19 Second Wave: FG Urged To Ban Flights From Britain, Others

By Ijeoma Ukazu | With some countries currently experiencing the spread of the new COVID-19 variant, the Health Writers’ Association...

“I am not distracted by calls for 2023 presidential race” — Yahaya Bello

Kogi state Governor Yahaya Bello has said calls for him to contest in the forthcoming 2023 presidential election is...

AfDB Provides $25m To Boost Low-Carbon Energy Generation

The African Development Bank’s Board of Directors on Monday, December 14, 2020 approved $15 million from the Sustainable Energy...

Civil Defence Receives COVID-19 Testing Equipment

The Commandant General, Nigeria Security and Civil Defence Corps, Abdulahi Gana Mohammadu on Friday in his office received Covid...

Must read

JONAPWD-LAGOS Commends Sanwo-Olu For Restoring Disability Empowerment Fund

Kenneth Afor |  The Joint National Association of Persons Living...
- Advertisement -

You might also likeRELATED
Recommended to you

%d bloggers like this: