Stakeholders in the agricultural sector have asked the government and National Assembly to formulate policies and legislation that would regulate the sales and production of palm oil.

The Chairman Board of Trustees (BoT) of the National Palm Produce Association of Nigeria, (NPPAN), Chief Abiodun Adejo while interacting with journalists in Abuja, said there was need for palm oil to be graded before being sold.

He said the Association was making plans to make a presentation to the National Assembly on the importance of gazetting the product as an exportable commodity.

He said states or local governments where palm oil is produced is expected to grade the product before moving it out to the market.

We want to work with the association to make sure that palm oil is not sold out until it is graded, we want to make sure that we are able to legislate that ungraded palm oil cannot be taken out of the country or sold to other states, the states that produce the palm oil must grade and certify it as good oil before it is taken to any other state or to any other market.

So, this grading has to be legislated upon at the national level so that everybody will know that when you are selling the oil you are certified, that will also make the state and local government to earn from the sales of palm oil.

We will make sure that palm oil producing companies key into the Association goals and aspiration. The BOT will be able to bring in these big companies and let them know the advantages of working together.

Our aim as the BOT is to make sure the National Assembly is able to gazette palm oil as a produce that is an exportable commodity for the country.

We will have to either make a presentation to the National Assembly, to make them see the benefit of palm produce that can generate enough foreign exchange rather than going into crude oil production, he said.

Chief Adejo said the aim of the Association is to make sure that palm is taken to the level that it can earn enough revenue for Nigeria, and the only way it can be done is to make the federal government, the state and local government to know that there is a lot of money that can be earn through palm production in Nigeria, he noted.

He said no commodity can generate the money that could be generated from palm if supported by the government.

Other countries believe that palm comes from west Africa, and if we own it, while should we be the one importing the product, we should be the one exporting it to everywhere in the world, and if we export it, a barrel of palm oil today is twice the price of crude oil which shows that the future of Nigerian depends on palm oil.

The foreign exchange we get from palm produce is greater than any other produce in this country, the only produce that can compete with oil palm is rubber, but rubber is mono. Whereas in our own case we have the palm kernel, we have the palm kernel oil, we have the oil that we can sell to the whole world, and the one we are producing now cannot meet up with local demand.

So, it is an open market for us, we can explore a lot and we can develop Nigeria through palm produce, he added.

In spite of the huge investment in the water sector by the government and international organisations, water scarcity has grown to become a perennial nightmare for residents of Abeokuta, the Ogun State capital. This report x-rays the lives and experiences of residents in getting clean, potable and affordable water amidst the surge of COVID-19 cases in the state

Selfies, video calls and Chinese documentaries: The things youll meet onboard Lagos-Ibadan train

The Lagos-Ibadan railway was inaugurated recently for a full paid operation by the Nigerian Railway Corporation after about a year of free test-run. Our reporter joined the train to and fro Lagos from Ibadan and tells his experience in this report

[ICYMI] Lekki Shootings: Why We Lied About Our Presence General Taiwo

The Lagos State Judicial Panel of Inquiry probing the killings at Lekki Toll Gate, on Saturday resumed viewing of the 24hrs footage of the October 20, 2020 shooting of #EndSARS protesters by personnel of the Nigerian Army

ICYMI: How We Carried Out The 1993 Nigerian Airways Hijack Ogunderu

On Monday, October 25, 1993, in the heat of June 12 annulment agitations, four Nigerian youngsters, Richard Ajibola Ogunderu, Kabir Adenuga, Benneth Oluwadaisi and Kenny Razak-Lawal, did the unthinkable! They hijacked an Abuja-bound aircraft, the Nigerian Airways airbus A310, and diverted it to Niger Republic. How did they so it? Excerpts

ICYMI: What North Will Not Accept About 2023 Presidency Prof Mahuta, UDU Don And Kebbi Dev Foundation Chairman

Sahabi Danladi Mahuta, a community mobiliser and APC chieftain. Mahuta spoke to select journalists at the sidelines of an Islamic conference in Abuja recently. Excerpts

Copyright 2021 Nigerian Tribune Provided by SyndiGate Media Inc. (

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an as is and as available basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.