The Federal Government of Nigeria as at today said it will create avenue for more than 4 million jobs through oil palm production across the country.
The Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Mr. Sunday Akpan said this in a statement signed by the Senior Information Officer, Mr Sorinolu Olayinka in the ministry in Abuja, on Wednesday.
Mr. Sunday Akpan, who was represented by the Director, Department of Commodity Produce and Inspectorate (CPI), Mrs Omololu Ope-Ewe, said this during the presentation of the draft Oil Palm Policy document value chain.
He said that the Federal Government was working toward ensuring the repositioning of the Oil Palm sector for optimal contribution in terms of job creation and revenue sources for both government and the private sector.
Mr. Sunday Akpan said that oil palm, which has once played a paramount role in the Gross Domestic Product (GDP) of the country, dependent on imported ones to increase and raise local production in the country.He said the local production was just about one per cent GDP, unlike the contribution of 70 per cent GDP in the past.
Mr Akpan said that potentiality in the sector with the aim of sufficiently, and conveniently place the country as a major oil palm manufacturer and exporter, “as against what is obtainable in the crude oil sector”.