AreaNigeria
Commodity GroupOilseeds, oils and meals
CommodityOil palm
Date01/06/2017
Policy CategoryProduction
Policy InstrumentSector development measures
DescriptionDistributed seedlings of a high-yield oil palm variety to farmer associations and cooperatives, as part of efforts to boost the country\'s production of raw materials, diversify agricultural production, and lower reliance on commodity imports.
NotesAccording to press reports, Nigerias Raw Materials Research & Development Council (RMRDC) distributed 10 000 seedling of a high-yielding oil palm variety to farmers associations and cooperatives with a view to (i) boost the production of raw materials for the countrys vegetable oil industry, (ii) diversify agricultural production, and (iii) reduce reliance on imported products (see also MPPU June/Nov.14 & Aug.15). The initiative is linked to a federal programme aimed at developing one million hectares of oil palm over five years. Reportedly, RMRDC will also collaborate with private sector investors to promote the establishment of vegetable oil refining and oleochemical plants in the country.
