Niger Delta
PIND To Revitalise Oil Palm Business In N’Delta
The Partnership Initiative in the Niger Delta (PIND) has assured oil palm producers of value addition, best practices and profitability in the oil palm value chain.
A consultant on oil palm value chain and co-facilitator in the oil palm intervention, Dr Samuel Dare gave the assurance at a stakeholders meeting in Port Harcourt.
The meeting, organised by PIND for oil palm producers, processors, finance institutions and related equipment fabricators in the state, was initiated to renew confidence in the oil palm value chain.
Dare, who is also a representative for market development on oil palm in the Niger Delta, said that PIND as an organisation and facilitator in the oil palm value chain, had brought together expertise in order to address the endemic constraints in the sector.
“For effective results, we have introduced access to improve and certified seedlings because we have discovered that there are lots of adulterated seedlings that our small holder farmers are getting.
“And as a result of poor yield by these seedlings, farmers end up being discouraged after investing over seven years of their business lives using wrong inputs,” he said.
Dare said that as part of measures toward ending the unfriendly farmers experience and once again bring the oil palm agriculture business to limelight.
He said PIND had decided to set in its corrective measures from the beginning which is the introduction of improved and certified seedlings.
“PIND has had several agreements with Sprouted Hybrid Tenera nuts producing companies to ensure that improved sprouted nuts could be available to small holder farmers across the oil palm producing states in the country.
“Presently, the global value for palm oil stands at 500 million dollars, of which initially Nigeria was the highest contributor as at the 1950s and 1960s.
“At that time, Nigeria was producing about 570,000 metric tons but currently, Nigeria now produces about one million and fifteen thacting ousand metric tons, in spite of all these, we contribute only three per cent of the global production,” he said.
According to him, the record is not encouraging, especially that Nigeria has the climate and soil which is why most of the oil palm estates in Nigeria are owned by foreign investors from Indonesia, Thailand or even Malaysia.
“Some palm estates owned by Nigerians have been sold out to foreigners who are managing them very well with best practices, a strategy which is lacking among the small holder farmers and which is also one of PIND’s interventions.
“Harvesting, processing equipment and access to agricultural loans were also key to the intervention,’’ he said.
Reacting, one of the participants, Mr Godwin Akandu, Representative for PIND and Chairman, Oil Palm and Cassava Producers in the state, expressed satisfaction on farmer’s participation in the oil palm business.
Akandu commended PIND for introducing improved tenera seeds, equipment and financial collaboration with the CBN and Money banks, adding that the measure would add value in the entire oil palm business.
He urged state government and farmers to invest more in the sector.
Niger Delta
24 Nigerian Universities Make 2026 THE Rankings … 4 S’South Versitieis Pull Through
Niger Delta
‘Ogbolo ’26’: Bayelsa Community Revives Heritage, Strengthens Unity
Niger Delta
SEEPCO Collaborates Delta, Others In Voluntary Blood Donation Campaign
-
News5 days agoRivers NUJ Seeks Recruitment Into State Media Houses …Urges Govt To Reposition Public Service
-
News5 days agoFamily Seeks Police Help As Woman Goes Missing After Fleeing Female Circumcision Threat
-
News5 days agoNDLEA Intercepts 1.63m Tramadol Pills, Arrests 80-Year-Old Suspect
-
Oil & Energy5 days agoNCDMB Partner Renaissance To Train 300 Youths On oil, gas Skills
-
News5 days agoTinubu, Fubara Condole Amaechi Over Mother’s Death
-
News5 days agoNigeria Hosts World Public Relations Forum Sept …As Experts Seek Inclusion Of PR In Decision Making
-
Oil & Energy5 days agoAbia Secures $145m Investment Commitment To Establish Solar Manufacturing Plant
-
News5 days agoFG Alerts Nigerians Of N50,000 Allowance Registration Scam
