Browsing Tag

oil palm

Delta State seeks Investments in Oil Palm Value Chain


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The Delta State Government, Southern Nigeria, has called for investments in the state's oil palm value chain to create job opportunities and for economic development. The Governor of the state, Senator Ifeanyi Okowa, called on the…

Nigerians urged to embrace oil palm trees planting


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The National Oil Palm Produce Association of Nigeria (NPPAN) has urged Nigerians to plant oil palm trees in their surroundings, considering its importance to human and societal development. Oil palm plantation National President of the…

Igbinedion Varsity Secures 500m CBN Facility to Resuscitate Oil Palm Plantation


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The Igbinedion University, Okada, has secured N500 million from the Central Bank of Nigeria (CBN) to revitalise its existing oil palm plantation. The university’s Vice-Chancellor, Lawrence Ezemonye, disclosed this at the 19th…

Edo state partners with CBN on Oil Palm Development


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To explore opportunities in Edo State’s rich oil palm sector, the state government in partnership with the Central Bank of Nigeria (CBN) have provided a N69 billion facility to stakeholders for oil palm development. According to the state…

NIHORT advises oil and date palm farmers against buying roadside seedlings


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The Nigeria Horticultural Research Institute (NIHORT) has advised oil and date palm farmers to avoid buying seedlings from people selling by the roadside. Mr Francis Onah, a research scientist at the institute, said…

NPPAN Urges CBN to Earmark N200bn for Oil Palm Farmers


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The National Palm Produce Association of Nigeria (NPPAN) has called on the Central Bank of Nigeria (CBN) to make available a minimum of N200 billion for smallholder oil palm farmers under its Oil Palm Development Initiative (OPDI). NPPAN…

Oil Palm Farmers seek N200bn intervention Fund from CBN


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The National Palm Produce Association of Nigeria (NPPAN) has called on the Central Bank of Nigeria (CBN) to set aside a minimum of N200 billion intervention fund to support smallholder oil palm farmers under the oil palm development…

Nigeria’s palm oil production rises, as imports falls


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Nigeria’s crude palm oil import from Malaysia – the world’s second-largest producer – has declined by 20.6 percent year on year as local production rises on increased investments, data from the Malaysian Palm oil Council (MPOC) shows.…

Edo plans 250,000 hectares to drive oil palm plantation


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The Edo state government on Wednesday said it is committed to increasing oil palm cultivation to 250,000 hectares of land in a bid to boost oil palm production in the state. Peter Aikhuomobhogbe, acting permanent secretary, Edo…

CBN Moves to Boost Domestic Production of Milk, Palm oil


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The Central Bank of Nigeria (CBN) has disclosed that it is working to fast-track the domestic production of milk and boost palm oil production in the country. The apex bank also condemned claims by critics that the bank assisted…