Okomu Oil Palm Host Communities Petition FG Over Threat To Peace

Okomu Oil Palm Host Communities Petition FG Over Threat To Peace

About 14 communities hosting Okomu oil Palm Company plc in Edo State have petitioned the Federal Government over alleged threat to peace.  The communities are Odighi, Odiguetue, Uhiere, Oke-Irhue, Irhue, Ekpan, Umokpe and Agbanikaka.  Others include Gbelebu, Markilolo, Madagbayo, Marioghioba,...
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Oil Palm Growers Seek Support For NIFOR

Oil Palm Growers Seek Support For NIFOR

The Oil Palm Growers Association of Nigeria (OPGAN) has called on the Federal Government to provide adequate funding for the Nigerian Institute for Oil Palm Research (NIFOR).   According to the group, NIFOR is the bedrock for repositioning the sector...
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Edo Approves 50 Hectares For Oil Palm Production

Edo Approves 50 Hectares For Oil Palm Production

The Edo State Governor, Godwin Obaseki, has approved 50 hectares of farmland for three international investors for the production of palm oil in the state. The parcel of land, according to the governor, is on lease to three new companies...
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CBN To Sanction Oil Palm Investment Saboteurs

CBN To Sanction Oil Palm Investment Saboteurs

The Central Bank of Nigeria (CBN) on Tuesday threatened to suspend the account of any person hiding under the ECOWAS Trade Liberalisation Scheme to sabotage  the federal government’s investment in reviving the palm oil sector. The Governor of the Bank,....
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Group Seeks Repositioning Of Palm Oil Value Chain

Group Seeks Repositioning Of Palm Oil Value Chain

A Non-Governmental Organisation (NGO), Solidaridad West Africa, on Wednesday in Abuja identified the need for Nigeria to set up mechanism to reposition the country’s oil palm value chain as part of measures to enhance rapid economic growth.  According t...
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Presco, Okomu, Others Get N30b To Boost Oil-Palm Production

Presco, Okomu, Others Get N30b To Boost Oil-Palm Production

The Central Bank of Nigeria (CBN) has committed about N30 billion to enhance Oil-palm production in the country. The CBN Governor, Mr Godwin Emefiele, disclosed this in a meeting with some state Governors in Abuja on Thursday. Emefiele explained that...
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Edo Seeks Revival Of Oil Palm Research Institute

Edo Seeks Revival Of Oil Palm Research Institute

Edo State Governor, Mr. Godwin Obaseki, has made a case for the revival of the Nigerian Institute of Oil Palm Research (NIFOR) to strengthen the country’s capacity to produce quality, high-yielding seedlings and boost oil palm production.  The gover...
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Okomu oil palm unveils agenda for new plantation

Okomu oil palm unveils agenda for new plantation

Okomu Oil Palm Company Plc has notified its shareholders and other stakeholders of plan to unveil new plantation.   According to the company, the new plantation referred to as Extension 2 will be commissioned by Governor of Edo State, Godwin...
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