Nigerian Senate says the current policy on diversification of the economy must go along with improved production of Palm oil to meet domestic market needs while increasing exports to boost foreign earnings.
The Senate is urging government to revive the moribund Nigerian Institute for oil Palm Research, NIFOR, located in Benin city, to improve investment in research and production of quality oil Palm seeds.
These were among the resolutions reached by the Senate in plenary following the lawmakers’ resumption from 2019 annual recess on Tuesday.
The resolutions arose from debate and consideration of a motion on the need to revive the Palm oil industry in Nigeria, as sponsored by Senator Onyewuchi Ezenwa and 15 others.
In his contribution to the debate, Senator Rochas Okorocha believes reviving the industry would facilitate the realisation of government’s vision of “creating one hundred million jobs in the next 10 years.”
Also contributing, Senator Ibikunle Amosun advocated closer collaboration among all the arms of government to ensure that the planned revival of the oil Palm industry is sustained in the long run.
President of the Senate, Dr. Ahmad Lawan emphasised that the Senate must drive the process by strategically tasking Ministries, Departments and Agencies, MDAs to focus on a road map that would help to revive oil Palm production.
Senate also considered another motion and issued four resolutions on the deteriorating state of police colleges in Nigeria, with emphasis on the one located at Tai Local government Area of Rivers State, and the implication to rising insecurity across the country.
Among the four resolutions was a call on the Inspector General Police to intervene in the situation as a matter of national security to restore the colleges to acceptable and fit environment with all the compliments worthy of a standard police college.
At the end of Tuesday’s plenary, Dr. Lawan announced that all the standing committees of the Senate would be inaugurated on Wednesday, while putting on record that the Senate is still awaiting the Medium Term Expenditure Framework and Fiscal Strategy Paper documents from the executive.