NIFOR, PZ Wilmar sign MoU on oil palmdevelopment

PZ Wilmar on Friday signed a Memorandum of
Understanding (MoU) with Nigeria Institute of Oil
Palm Research (NIFOR) to help develop Nigeria’s
oil palm.
The chairman, PZ Wilmar, Kola Jamodu, said the
MoU would help Nigeria to regain its lost glory in
palm oil production through

research.
The Minister of Agriculture and Rural
Development, Chief Audu Ogbeifun witnessed the
signing of the agreement between the two firms.
Jamodu, who signed on behalf of the company,
said the essence of the MoU was to promote
research on how Nigeria could regain its position
in palm oil production.
He said the firm has three location covering 30,
000 hectares of lands and the first set of the
company’s fruits has started coming out.
He said: “The whole essence was on research.
We thought to share our knowledge with NIFOR
to translate into other farmers to provide
employment opportunity to youths in the
country.”
The Executive Director, NIFOR, Dr. Omorefe
Asemota, said this was a milestone for Nigeria’s
palm oil industry because PZ is a major stake
holder in the development of the agricultural
sector.

Reposted from the nation