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Tanzania To Spend $4.3 Million On Oil Palm Farming - Business - Nairaland

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Tanzania To Spend $4.3 Million On Oil Palm Farming by commodityport: 10:20am On Feb 21, 2019
Majaliwa revealed this when speaking in Western Tanzania’s region of Kigoma soon after inspecting an oil palm farm of the National Service Department (JKT), Bulombora camp.

The Tanzanian leader said the money would be spent in developing the crop so that its farmers are on the same level as growers of other cash crops.

He also directed the ministry of agriculture to prepare a demonstration farm in the region where farmers can learn modern methods of oil palm production.

“The government will not tolerate anyone, who goes against the strategy to revive the crop in the country,” the premier cautioned.

Omary Mgumba, Tanzanian Deputy Minister for Agriculture, said the government’s strategy in reviving the crop is meant to save foreign currency used to import edible oils.

Kigoma region accounts for more than 80 percent of palm oil produced in the country and given its soils and weather, it has the potential to make Tanzania one of the world’s top palm oil producers and exporters.

Tanzania imports 55.5 percent of its total edible oil in spite of having a vast and promising production potential in palm oil and sunflower sub-sectors.

In spite of the huge potential, the country relies on imported raw materials for producing edible oils and soaps.

Tanzania has similar weather conditions as Malaysia from where it imports most of its palm oil.

Read more at... https://www.commodity-port.com/tanzania-to-spend-4-3-million-on-oil-palm-farming/

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