Edo Attracts $531.2m From Oil Palm Investment – Official

Hamilton Nwosa
Writer
Edo Primary: APC Berates PDP As Violence Mars Election

Ad

Why Wike Should Resign or Be Sacked: A Call to Organized Civil Society in Nigeria to Uphold Anti-corruption Standards with Consistency, By Frank Tietie

By Frank Tietie The revelations by Nigerian social crusader, investigative journalist, and activist Omoyele Sowore regarding the current Minister of the Federal Capital Territory, Nyiesome Wike, are serious and warrant the attention of all Nigerians who care about the integrity of the country. Sowore has alleged that Wike laundered funds and concealed the purchase of…

Dangote Refinery Slams PENGASSAN, Describes Order as ‘Economic Sabotage’

By Abiola Olawale In an escalating labor showdown, the Dangote Petroleum Refinery has fired back at the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), criticising the latter’s order on Saturday. This is as the refinery owned by Africa’s richest person, Alhaji Aliko Dangote described PENGASSAN's order to cut crude oil and gas…

Intimate Affairs: ‘I don’t want a mother-in-law,’ By Funke Egbemode

By Funke Egbemode Tola doesn’t wish anybody dead. She just doesn’t want to go through what her mother went through in the hands of her grandmother. She had been told that she might just be lucky and end up with a husband with a kind mother. But she’s scared, I believe, irredeemably, by the trauma…

Ad

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)

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp