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Business News of Tuesday, 4 October 2022

Source: guardian.ng

Firm boosts agric production with over 250,000 oil palm trees

Oil palm Oil palm

To tackle the problem of food insecurity in Nigeria, an indigenous firm, Norsworthy Agro Allied Company Limited, in collaboration with the Delta State government, has completed the construction of a multi-billion-naira agro-allied industrial palm plantation built on a 1,400 hectare of land.

Owned by Akwukwu-Igbo, Ugbolu and Ilah communities in Oshimili North Local Council of Delta state, the oil mill plantation conceived with the dual purpose of job creation for the youth as well as tackling food insecurity was inspected by the governor of Delta State, Dr. Ifeanyi Okowa, Dr. Gabriel Ogbechie, the community leaders and management of the company.

Speaking at the inspection of the oil palm plantation and refinery under construction, the Chairman of Northsworthy Farms and Allied Industries, Dr. Gabriel Ogbechie, thanked the governor for his support and vision for the project.

He said that the company planned to expand further with the acquisition of additional 600 hectares of land at Ubulu-Uku in Aniocha South Local Government Area and affirmed its commitment to supporting Delta State Government’s diversification plans.

According to him, the project was conceived about four years ago to address the crisis affecting the agricultural development and food sufficiency need of the country. It successfully planted over 250,000 oil palm trees on over 1,400 hectares of land.

Okowa called for more investments in agricultural development to curb rising food insufficiency in Nigeria.

He said that oil palm production was one area wealthy Deltans and Nigerians could invest to create job opportunities and drive economic development.