OIL PALM IS OUR NEW CRUDE OIL – GOV. OBASEKI

Edo State Governor, Mr. Godwin Obaseki has revealed that his administration would massively invest in the Oil Palm sector in its quest to diversify the state economy beyond crude oil.

The governor announced this yesterday at the Edo State Government House in Benin when a 14-member committee set up to develop an oil palm plan for the state presented its report to him.

He said: “Oil Palm is our new crude oil; it will be the key driver of our development. The state still has one of the largest estates of oil palm, which have the highest yield in the country. We want to leverage on our high-yielding varieties and long tradition of oil palm production to acquire about 100, 000 hectares of land for the development of oil palm estates. The production will be of global standards and yield”.

Continuing, the governor commended the committee members for their efforts towards gathering the report assuring them that the government would acquire the necessary resources to execute the project.

‘’We will, within the next two weeks, create a smaller team to come up with a work plan on how to execute the feasibility plan, work out the image capturing of the land to be used, and get the involvement of the host community for the project.

Meanwhile, the committee Chairman, Toni Ogunbor, explaining the report, revealed that the committee recommended four key issues in the report that need to be addressed to bring the project to fruition.

These were land development, provision of security, infrastructure and the need to have data on soil and weather conditions.

NOSAK GROUP CHAIRMAN NOMINATED TO LEAD EDO STATE OIL PALM PLANTATION FORUM

Nosak Group Chairman, Dr Tony Ogunbor, was the distinguished Chairman of the Edo State Government Agribusiness Workshop held in Benin-City from 26th to 28th January 2017. Themed ” Harnessing Resources and Opportunities to Optimise Agribusiness in Edo State”. The Workshop was to identify specific areas of government interventions, engage stakeholders and facilitate private sector investments. There was no better choice of whom to open and lead the workshop than our amiable Chairman who for over 26yrs had seen and tapped the opportunities in the Oil Palm sector of the economy. The Governor, Deputy Governor and other eminent stakeholders in business, academia and government were fully represented.

In his welcome and opening address, Dr Ogunbor took the participants on a roller coaster ride of his rich experience in the Agric sector spanning the challenges and successes. He reminded the participants of the value of Agriculture in the country in the 50’s and 60’s before the advent of Crude Oil and how in spite of our fertile lands we have been caught in the dangerous web of the black gold. He enumerated the gains in Agriculture and the value chain opportunities therein. He further highlighted the numerous benefits accruable from retracing back to the agrarian culture and commended the State government in its quest to make Edo State the number one state in Agriculture.

Breakout sessions were held in which the Nosak team participated fully in the Oil Palm/Cocoa/Rubber Group. The Nosak Team was ably represented by Mr Robert Ogirri, MD of Nosak Farm Produce Ltd and Mr Victor Egharevba, Plantation Manager of Saturn Farms.

The Chairman was further nominated by the State Governor, Mr Godwin Obaseki, during the one on one session on Saturday to lead and chair the Oil Palm Plantation Forum and present the way forward for Edo State.

To read more on this, kindly click the link below: https://www.google.com/amp/nigerianobservernews.com/2017/01/agribusiness-workshop-opens-in-benin-city/amp/