Edo Attracts $531.2m From Oil Palm Investment – Official

Cat:

Related stories

Tribune at 75: A bouquet of stories, By Lasisi Olagunju

It happened that the NCNC-controlled Ibadan District Council (IDC)...

Tribune at 75: A bouquet of stories, By Lasisi Olagunju

It happened that the NCNC-controlled Ibadan District Council (IDC)...

Mass detention and returning migrants to Mexico: Donald Trump’s plans on immigration are coming into focus

The incoming Trump administration’s plans to implement strict border...

Obasanjo Blames APC Government For Nigeria’s Awful Situation, Criticizes Buhari, Tinubu

By Kolawole Ojebisi Former President Olusegun Obasanjo has said Nigeria...

Ondo Guber: I’ll Concede Defeat If… , Says Ayedatiwa 

The governorship candidate of the All Progressives Congress (APC)...

The Commissioner for Agriculture and Food Security in Edo State, Stephen Idehenre, has said that the state has attracted about $531.2 million from nine firms in the oil palm sector through the state oil palm programme.

Mr Idehenre made this known during the inauguration of the year 2022 farming season and the FOARE Mushroom Production Centre in Benin on Thursday.

He noted that the state oil palm programme was created to bring opportunities to large, medium and small investors in the oil palm sub-sector.

He also said that 62,000 hectares of land had been allocated to investors under the programme.

“The programme is expected to create more than 200,000 jobs across the oil palm value chain and would add more than 1,000,000 metric tonnes to local production of oil palm by 2030.

“No fewer than 22,272 jobs were created from crop enterprise in 2021 while, the project activities in 2021 supported about 1,093 rice, cassava and catfish farmers.

“1,050 hectares of land was also developed for the farmers. This number will be scaled-up in the 2022 farming season,” he said.

According to him, the state is making steady progress in agriculture that will drive home the sector as the major economic pillar for job and wealth creation.

The commissioner said “we are attracting enough values to justify the decision to make the sector one of the pillars of the state Make Edo Great Again (MEGA) agenda”. (NAN)

Agency Report
Agency Report
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

Latest News
Tribune at 75: A bouquet of stories, By Lasisi OlagunjuTribune at 75: A bouquet of stories, By Lasisi OlagunjuMass detention and returning migrants to Mexico: Donald Trump’s plans on immigration are coming into focusObasanjo Blames APC Government For Nigeria's Awful Situation, Criticizes Buhari, TinubuOndo Guber: I'll Concede Defeat If... , Says Ayedatiwa Experts Warn FG: Economic Crisis To Worsen As Trump’s Massive Deportation Plan Threatens Nigeria’s $20bn Diaspora InflowOndo Guber: How Women Confirm Voting Buying In Ondo Election [VIDEO]Ondo Guber: PDP Wins Agboola’s Polling Unit As Announcement of Results BeginOndo Guber: Aiyedatiwa Wins Polling UnitTinubu Set To Host India's PM Modi On SundayOndo Guber: [PICTORIAL] PDP Candidate Ajayi Vote, Expresses Concerns Over Malfunctiong BVAS Machines, Military PersonnelHow Mike Tyson Was Defeated by Jake PaulOndo Guber: Why I'll Defeat PDP’s Ajayi, Others -Ayedatiwa BoastsHow We Spent Some Recovered Funds --EFCCWike, Very Agile, Not Sick --APC Chieftain, Okocha
X whatsapp