Association Seeks Establishment Oil Palm Council

The National Palm Produce Association of Nigeria has urged the Federal Government to establish the National Oil Palm Development Council to address challenges in the industry and attract investors.

Ambassador Alphonsus Iyang, National President of the association made the appeal at the Annual General Meeting in Abuja.

Iyang said that the council should regulate and set up guidelines for investment in the oil palm industry.

According to him, the absence of a regulatory council is a major impediment to the development of the oil palm industry.

Iyang, who was reelected during the AGM, said the establishment of the council would make things easier for farmers, investors, firms and even the country.

“This council will be an enabler for the industry, it will also be the regulator and the ombudsman for the industry if things go wrong.

“Establishment of the council and with a board in place, will put an end to oil palm adulteration which has been a major challenge in the country.

“We are civilians and an association, we cannot deal with oil palm adulteration without the help of the government,” he said.

The president, who frowned at the ranking of Nigeria as number five oil palm producing country in Africa from its number one position, said it was a challenge to reinvest in the industry.

According to him, there has been little investment in oil palm industry in Nigeria due to lack of incentives and the fruit’s long gestation period.

“Many people in the country have money but failed to invest in oil palm industry because of long gestation period.

“If the council is in place it will bridge this gap and make incentives available for investors and others,” he said.

Iyang identified other challenges bedeviling the industry to include lack of government interest and poor access to finances by smallholder farmers, among others.

The association elected new officials to pilot its affairs which include Harrison Ekpamen, Vice President South South; Obadofin Ayotomiwa, North Central; Ogunremi Caesar, Southwest; Dr Michael Drambi, Northeast, and Dr Obiageri Onubogu, Southeast.

NAN/Oyenike Oyeniyi