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Nigeria Loses N94bn Annually To Palm Oil Import, Says Don

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Prof. Kehinde Owolarafe of the Department of Agriculture and Environmental Engineering, Obafemi Awolowo University (OAU), Ile-Ife, yesterday, said that Nigeria loses N94 billion annually to palm oil importation.
Owolarafe said this at a one day sensitisation workshop for oil palm producers, processors, distributors, marketers, retailers and users, yesterday in Osogbo.
The Tide’s source reports that the workshop was organised by the Standards Organisation of Nigeria (SON), with the theme “ Promoting Palm Oil Value Chain Via Standardisation.
According to the don, between 1920 and 1960, Nigeria was the leading producer and exporter of palm oil in the world.
“But sadly, Indonesia and Malaysia now lead in the production of palm oil in the whole world.
“Though there has been an increase in production of oil palm in the last few years, but Nigeria at present imports palm oil to the tune of about one million metric tonnes to supplement the local production in order to meet the high demand.
“Indonesia and Malaysia produce in tens of million tonnes, while Nigeria is still struggling to reach two million tonnes.
“ Currently, Nigeria, which occupied the premier position has been dropped to the fifth position,” he said.
Owolarafe listed some of the factors resulting in the low production of palm oil in the country to include declining productivity of oil palm plantations due to old age.
 Other factors, he said were lack of appropriate technologies for palm fruit processing and unfavourable government policies as regards agriculture in general, among others.
The don said that there was ugent need to improve the quality and quantity of palm oil production in the country to meet the international standards in order for export.
Owolarafe also warned producers and marketers of palm oil against adulteration, adding that this could be injurious to health of consumers.
“ We have to join hands together to ensure production of high quality palm oil.
“ The same climate we have is what Malaysia and Indonesia have and they are doing well.
“We need to restructure the palm oil industry in Nigeria”, he said.
In his remarks, Dr Ifeanyi Okeke, the Director-General, SON, said that the objective of the workshop was to create awareness for all stakeholders.
He explained that the sensitisation was particularly for the palm oil producers, distributors, marketers, retailers and users on the need to conform to the industrial standards.
Okeke, who was represented by Mrs Ethan Talatu, Southwest Director of SON, said the sensitisation was to esure quality standard throughout the production process which would in turn translate to high income for all on the value chain.
The D-G further said that the palm oil industry had the prospects of providing employment for millions of unskilled and semi-skilled people.
 ”As demonstrated in other economies, with proper focus on production of commodities of large scale commercial values, improvement in the production of palm oil can effectively mitigate the poverty level in Nigeria” he said.
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NIGERIA AT 65: FUBARA HARPS ON UNITY, PEACE

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The Governor of Rivers State, Sir Siminalayi Fubara, has begun the celebration of Nigeria’s 65th Independence anniversary with a Juma’at service where prayers were offered for the progress of the state and Nigeria.

Governor Fubara, who advocated for peace and unity of Nigeria during the prayers on Friday at the Rivers State Central Mosque, Port Harcourt, indicated that without peace, the accelerated development of Nigeria will remain in a limbo.

Governor Fubara, who was represented by Alhaji Abdurrazaq Diepriye, therefore urged citizens to remain patriotic.

According to him, “Allah has brought us this far. Without peace, we can not have progress and economic development. I call on all citizens irrespective of creed or tribe to remain patriotic.”

He thanked President Bola Tinubu for restoring peace in Rivers State while also using the forum to appreciate security agencies for their relentless effort in upholding the peace and unity of Rivers State and Nigeria.

 

The Chief Imam of Rivers State Central Mosque, Imam Ibrahim Yaloo, admonished Moslem faithful to always speak the truth, adding that those who obey Allah will be directed to good deeds and their sins forgiven.

 

Prayers were offered for Rivers State and Nigeria.

 

Other activities to mark the 65th Independence anniversary in the state include an Inter-denominational Church Thanksgiving Service on Sunday, 28th September and Parade Ceremony on Wednesday, 1st October.

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Shettima departs New York for Germany after UNGA engagement

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Vice-President Kashim Shettima departed New York on Sunday after representing President Bola Tinubu at the 80th session of the United Nations General Assembly.

In a statement released on Sunday by the VP media aide, Stanley Nkwocha, the Vice President is now headed to Germany, where he will hold strategic meetings with officials of Deutsche Bank.

The statement read, “Vice President Kashim Shettima has departed New York, United States, after successfully representing President Bola Ahmed Tinubu, GCFR, at the 80th Session of the United Nations General Assembly.

“During his participation at UNGA 80, VP Shettima secured UN Secretary-General António Guterres’ commendation for Nigeria’s bid for a permanent UN Security Council seat.

“He also showcased Nigeria’s $200 billion energy transition opportunity to global investors and strengthened strategic partnerships with the UK on trade, defence, and migration issues.”

Nkwocha added that the VP delivered Tinubu’s national statement, calling for UN reforms and a permanent seat for Nigeria at the UN Security Council, and “demanded Africa’s control over its $700 billion mineral wealth, and digital inclusion initiatives.”

“He also engaged with the Gates Foundation on healthcare and education expansion, positioning Nigeria as the natural hub for the African Continental Free Trade Area’s $3.4 trillion market.

“VP Shettima was seen off at John F. Kennedy International Airport, New York, by cabinet Ministers who were part of the UNGA 80 delegation and Nigerian Mission officials.”

The aide noted that Shettima will return to Nigeria immediately after his engagements in Germany.

The Tide source recalls that the VP departed Abuja, yesterday.

He led other Nigerian officials at the Assembly.

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FG holds special thanksgiving service ahead of 65th Independence Day

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As part of Nigeria’s 65th Independence anniversary celebration, the Federal Government held a special thanksgiving service on Sunday at the National Ecumenical Centre in Abuja to offer prayers and give thanks for the nation.

The event drew top government officials and security chiefs, including Senate President Godswill Akpabio and Secretary to the Government of the Federation, George Akume, as well as their spouses.

Other notable guests included Finance Minister and Coordinating Minister of the Economy Wale Edun, former Plateau State Governor, Senator Simon Lalong, and the Chief of Defence Staff, General Christopher Musa, who led the service chiefs in attendance.

Service chiefs present included the Chief of Naval Staff, Vice-Admiral Emmanuel Ogala, Inspector-General of Police Kayode Egbetokun, Comptroller-General of the Nigerian Immigration Service, Mrs Kemi Nandap and Controller-General of the Nigerian Correctional Service, Sylvester Nwakuche, among others.00

The service came days after the government unveiled the official theme and some of the activities slated for the 2025 Independence celebrations.

This year’s anniversary is tagged “Nigeria @ 65: All Hands on Deck for a Greater Nation,” as announced by the Director of Information and Public Relations at the Office of the Secretary to the Government of the Federation, Segun Imohiosen, in a statement on Wednesday.

“As part of activities to mark the 65th Independence Anniversary, the Juma’at Prayer and the Inter-Denominational Church Service will be held on Friday, 26th September at 1 pm and Sunday, 28th September at 10 am respectively, as well as the World Press Conference on Monday, 29th September at 10 am,” he said.

The Tide source had earlier reported that President Bola Tinubu, alongside former Heads of State, Yakubu Gowon, Olusegun Obasanjo and Goodluck Jonathan, is expected as a special guest at a national discourse convened by the Island Club, Lagos, to mark Nigeria’s 65th Independence Anniversary.

 

 

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