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Delta Govt. Earmarks 33,000 Hectares For Oil Palm Cultivation ~ Truth Reporters




Delta Government has earmarked over 33,000 hectares of land in 28 communities across the state for commercial cultivation of oil palm.

The News Agency of Nigeria (NAN) reports that the state’s decision to establish large scale oil palm production was in line with Central Bank of Nigeria (CBN) Oil Palm Development Initiative (OPDI) aimed at restoring the country’s position as number three in oil palm production worldwide.

Mr Julius Egbedi, the Commissioner for Agriculture and Natural Resources at a roundtable on Sustainable Oil Palm Production in Asaba, said the CBN OPDI, when implemented would increase wealth and promote economic growth in the state and the country.

According to him, the CBN Oil Palm Development Initiative is geared toward creating oil palm belt in Nigeria and to revive dwindling fortune of the commodity.

He said that the objective of the programme, which prompted the interest of the state government, was to increase domestic production of oil palm through efforts of individuals, communities and investors.

He said the effect of the initiative would be to meet local demands for oil palm, palm kernel oil, hydrogenated fat and to stamp out the importation of the items, create employment and wealth in the state.

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