Is Benin Republic sabotaging Nigeria?
Recent reports that the Republic of Benin may have been engaging in certain international trade practices that are harmful to the Nigerian economy particularly as it has to do with palm oil import and export should be of huge concern.
Association urges stricter border control to check smuggling, others
The National Palm Produce Association of Nigeria has called on the Federal Government to closely monitor its borders with neighbouring countries to check rising cases of smuggling of palm oil and other products thereby denying the country the needed foreign exchange inflows.
Producers ask Customs to account for 35% duty as Nigeria imports N75bn palm oil
The Plantation Owners Forum of Nigeria (POFON) has demanded that the Nigerian Custom Service should account for 35 per cent duty payable as export data from the Malaysia Palm Oil board has indicated that, from January 2018 to April 2019, Nigeria imported 354,868 metric tonnes of palm oil valued at over N75 billion. In 2018,…
Ban on palm oil import: Stakeholders weigh options
The Federal Government’s renewed plan of outright ban of palm oil importation is receiving conflicting reactions from stakeholders in the industry.
Over 600,000 plantation workers to lose jobs as palm producers allege sabotage
Indications have emerged that over 600,000 workers employed in over 200,000 hectares of palm plantations across the Nigeria may lose their jobs on accounts of threats posed to the industry by smuggling and increasing cost of production because of gross shortage of power supply and infrastructure. “All indications point to large-scale smuggling of crude palm…
Health risks of using ripening agents in fruits
Regular consumers of plantain, banana, mango and other types of fruits, especially those bought in markets, risk contracting life-threatening diseases. The health threats have been linked to application of agents to forcefully or prematurely ripen these fruits and make them ready. The most commonly used ripening agent is Calcium carbide. It is capable of quickly…
Requirements of marketing high quality palm oil in cities
Its production is not elastic; that is, not immediately responding to surges in demand. It takes three to four years to start harvests from highly improved varieties.
Palm oil producers kick against Europe’s discriminatory campaign
Small-scale palm oil farmers from Africa and Asia have kicked against Europe’s never-ending anti-palm oil campaign. The farmers, also known as Farmers Unite, launched the Nigeria-based Initiative for Public Policy Analysis (IPPA), which will “be dedicated to fighting dangerous campaigns by Western politicians, the political elite, the media, uncompetitive oilseed producer and European –funded NGOs…
Abia will stop depending on Federal allocation by 2022 – Commissioner
Abia Government will cease to depend on Federal allocation from 2022 when the return on government’s current investment in oil palm will be sufficient enough to finance the state. The State Commissioner for Information, Mr John Okiyi, made the assertion on Wednesday at an interaction with the members of the Correspondents Chapel of the Nigeria…
Self-sufficiency in Palm Oil production possible in 30 years, says Sawyerr
Mr. Akin Sawyerr is the Chief Executive Officer (CEO) of Agricultural Fresh Produce Growers And Exporters Association Of Nigeria (AFGEAN), he spoke to GBENGA AKINFENWA on steps to attaining self-sufficiency in palm oil production. Why is the country witnessing poor palm oil production? FLUCTUATING government agro policies and neglect of the sector, coupled with corruption…
Producers fault proposed palm oil importation under ETLS
Stakeholders and members of the Plantation Owners Forum of Nigeria (POFON), have urged the Federal Government to dismiss the proposed application by OLAM to import some oil palm products under the West African Trade Liberalisation Scheme (ETLS). OLAM is allegedly wishing to import 95,000 metric tonnes (MT) of crude palm oil, 50,000 MT of Stearin…