Edo investing in oil palm, says gov | The Guardian Nigeria News - Nigeria and World News

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Edo State Governor, Mr. Godwin Obaseki, has said his government’s sustained investment in oil palm cultivation and production will enhance diversification of the state’s economy from crude oil and support ongoing efforts to engender forest regeneration.

Obaseki, speaking during the inspection of an oil palm nursery bed project at Evboesi community in Orhionmwon Council, said his government plans to make agriculture the state’s new oil, leveraging its huge potential to boost the state’s economy, tackle food insecurity and create wealth for citizens.

He disclosed that Edo is a signatory to the Roundtable on Sustainable Palm Oil , a global body with the objective of promoting the growth and use of sustainable palm oil products through global standards and multi-stakeholder governance. “Instead of leaving the land fallow, we decided to get serious investors that understand the business of oil palm to invest in this area and grow oil palm in place of the forest.

 

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