Obaseki, CBN partner on development of 100,000-hectare plantation - News Summed Up

Obaseki, CBN partner on development of 100,000-hectare plantation


The Edo State Governor, Mr Godwin Obaseki, has said that the state government is in discussions with the Central Bank of Nigeria (CBN), to develop a programme that will see investors taking up 100,000 hectares of agricultural land in the state for plantation development. According to him, “Edo State has the largest oil palm estate in the country even that is comparatively small when you relate it to what is happening in South-East Asia. Total agricultural land under cultivation is under 70,000 hectares which is less than one farm in Indonesia.”He continued, “We want to make sure that what we produce can compete globally. This will help us to be competitive in the next few years in terms of our forestry assets,” he added. This is responsible for the collaboration with Edo Basic Education Sector Transformation (EDOBEST) programme and BRIDGE.”


Source: Nigerian Tribune January 27, 2019 15:45 UTC



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