Thursday, 8 October 2015

FG Develops 9m Oil Palm Sprouts for Farmers, Investors


Posted by ERICJAMES.OCHIGBO

http://www.nannewsnigeria.com/fg-develops-9m-oil-palm-sprouts-farmers-investors

Abuja, Sept. 30, 2015 (NAN) The Federal Ministry of Agriculture and Rural Development has urged farmers and investors to take advantage of nine million oil palm sprouts developed by the ministry to develop the sector.
The Permanent Secretary in the ministry, Mr Sonny Echono, who made the call while briefing newsmen in Abuja said that the ministry was determined to make Nigeria a net exporter of the produce.

He said the seedlings had already been distributed to major oil palm companies as well as individuals.
He said that large stocks of the seedling were still left in a number of states across the country.
``We want to bring this to the attention of potential investors and oil palm farmers to off take these seedlings and make use of it.
``They are available in 24 states of the Federation, Cross River, Aqua Ibom, Rivers, Delta, Bayelsa, Edo, Enugu, Ebonyi, Osun, Kwara, Adamawa, Benue, Kaduna, Taraba, Nasarawa, Kogi and Plateau states.
``They are being sold at highly subsidised rate of 80 naira per raised seedling; we have raised them for one year and they are ready for planting,’’ he said.
He said they are economic trees when planted, has high returns and they remain relevant for several years, encouraging Nigerians to take advantage of the evolution in the oil palm industry.
He said the seedlings were developed in collaboration with Oil Palm Research Institute. (NAN)

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