Nigeria In One Minute

NIFOR, PZ Wilmar sign MoU on oil palm development

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 Ogbeh 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.

The Nation, September 10

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