By Ikenna Uwadileke
Stakeholders in the oil palm sector have called for a paradigm shift from crude to palm oil toward meeting Nigeria’s quest for economic diversification.
They made the call at the oil palm stakeholders’ forum under the aegis of National Initiatives for Sustainable and Climate Smart Oil Palm Small Holders (NISCOPS) in West Africa.
The event was organised by Solidaridad, a Non-Governmental Organisation and supported by the Kingdom of Netherlands.
Dr Rowland Okoli, Lecturer, Political Science and International Relations, Godfrey Okoye University Enugu, said the global oil palm market which currently worths over 62 billion dollars annually underscores the commodity’s economic significance and multiple utility.
Okoli said that the multiple utility and economic significance of palm oil both in the home and industries explains this growth in its global market size.
He noted that palm…
Source: News Agency of Nigeria
