Cross-section of participants at a one-day workshop with the theme ‘Growing the Oil Palm Sector in Edo,’ organised by the Edo State Investment Promotion Office (ESIPO) and the Sustainable Trade Initiative for stakeholders in the oil palm sector in Edo State, in Benin City.
He stated this at a one-day workshop with the theme ‘Growing the Oil Palm Sector in Edo,’ organised by the Edo State Investment Promotion Office (ESIPO) and the Sustainable Trade Initiative for stakeholders in the oil palm sector in Edo State, in Benin City.
The governor, who was represented by his Senior Special Assistant (SSA) on Agriculture, Bashir Kadiri, said the state government is ready to support inclusive growth of oil palm businesses, which informed the provision of 51 hectares of land to attract investors who have completed paperwork to invest in the initiative.
“Our focus as an administration is to change the narrative in the oil sector in Nigeria. We are committed to driving agriculture development in the state. Edo historically is one of the foremost drivers of the oil palm sector in Nigeria.”
“Oil palm price globally is far above the crude oil price. It points to the fact that oil palm is the way to go as the nation has the potential to take advantage of the sector to rejig the economy,” he added.
The Senior Programme Manager of Sustainable Trade Initiative, Dr. Chris Okafor said the National Initiative for Sustainable and Climate Smart Oil Palm Smallholder (NISCOPS) is a national programme supported by the Dutch Government.
He said the programme has been held in six states, including Enugu, Akwa-Ibom, Cross Rivers, Kogi, Imo and Edo State, adding, “We are working with the Edo State Government and other states to see how to transform the oil palm sector with an emphasis on smallholder farmers who constitute about 80 per cent of the oil palm businesses in Nigeria.
The Head, Edo State Investment Promotion Office, Kelvin Uwaibi said the focus of the parley is on how to grow the oil palm sector in Edo State, adding, “The Governor believes that oil palm can be the main stay in terms of economic development. Edo has already started developing the Edo State oil palm initiative.”