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Nigeria Set to Regain Position as Top Palm Oil Exporter -Agric Minister

The Federal Government has said Nigeria is set to reclaim its position as top palm oil exporter, tasking agricultural stakeholders in the value chain on the need to reposition the industry. Specifically, the Minister of Agriculture and Rural Development(FMARD), Mohammad Abubakar, made the call when he received a delegation of stakeholders in the oil palm industry in Abuja. Abubakar recalled that in the early 60s Nigeria’s agriculture sector was the major source of revenue, pointing out that the country is currently struggling to be called a major agricultural nation. He said, ” In the early 60s, Nigeria’s agriculture sector was the major source of revenue, but today, the country is struggling to be a big agricultural nation. It is not too late for Nigeria to reposition itself. “Malaysia came to Nigeria some years back, got oil palm seedlings and became number 1 producers of oil palm in the world and today Nigeria is ranked 5th position, which makes it worrisome.” Also, Abubakar pledged to work with any organisation positioned to achieve the economic diversification policy of the present administration.

Read more at Agro Nigeria: Nigeria Set to Regain Position as Top Palm Oil Exporter -Hon Minister of Agriculture and Rural Development

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