Industry Trade and Investment, Dr. Samuel
Ortom has said that Nigeria ranks 26th in the
world production of palm oil and hardly
satisfies her domestic demand.
He made the statement during the
stakeholders meeting towards the successful
hosting of the 1st International Palm Produce
Conference (IPPC) held today in the Ministry’s
headquarters , Abuja.

In his address read by the Permanent
Secretary, Mr. Dauda Kigbu, Dr. Ortom said
that the inability of meeting local demand in
palm oil production was a clear indication
that the fortunes of the Palm Oil Sub-Sector
have declined significantly.

In his word “It is in this regard, that
the National Palm Produce Association of
Nigeria (NPPAN) in collaboration with my
Ministry proposed to organize a conference to
serve as a Platform for Interaction with
Stakeholders in the oil Palm Industry globally
to review and widen contacts as well as foster
development al strategies to address the entire
Oil Palm value- chain with stakeholders in
order to resuscitates the lost glory of the oil
palm industry in Nigeria.

Ortom said, the conference was coming
at a time the Ministry was setting building
blocks in the transformation of the oil palm
industry as a catalyst for economic
development and prosperity.

“It is also timely, as the forum intends
to send strong signals to investors/Stakeholders
of existing opportunities in the palm oil
industry in Africa with participation of more
than 40 countries worldwide:.

He reassured the Stakeholders that the
ministry will continue to put in place policies
that are needed to facilitate a rapid
development of the commodities sector along
the value Chain in order to restore the lost
glory of palm oil industry.

Ortom urged the stakeholders,
Government Agencies, Corporate bodies and
others to contribute generally towards the
success of this historic occasion which will open
up new investment opportunities and a
roadmap for tackling the challenges facing the
development of the oil palm industry in
Nigeria.


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In his Remarks, the Director, Commodities and
Produce Inspectorate, Mr. Joseph Apanishile
charged stakeholders to be committed to the
hosting of the international conference which
will serve as an avenue to attract investments
from the large turn out of investors.

He recalled that Nigeria was before 1965 the
world’s largest producer of palm produce but
has ceased to contribute to the world’s export of
the commodity since 1974 except palm kernel.

Earlier, the President, National Palm Produce
Association of Nigeria, Engr. Henry Olatujoye
had pointed out that the Ministry has built a
robust support to the association for the
development value chain in the sector.

According to him, “Palm Produce is a business
in 24 States of the Federation. We cannot say
we have had a synergy of relationship in the
area of cooperation within ourselves to promote
and drive the value chain in the sector and we
in the private sector were apart. This conference
is majorly to bring us together to contribute to
the process of policy development by
government”.

He noted that Nigeria produce 1.2 million
metric tones which were consumed locally with
local shortage of 700,000 metric tones and
participation in this conference, he said would
enable them to exchange ideas and experience
to meet local demand.



Source :- http://generalgurus.com

And we gave Singapore or Thailand there very first seedling from NIFOR in Benin. Naija which way!

i didnt read everything but i hope we do better. Forward ever