By Tola Gbadamosi
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Ondo State government says it will not relent in giving support to indigenous investors in its agribusiness sector, in order to secure its position as a leading producer of oil palm in Nigeria.
This remark was made by the Secretary to the State Government, Princess Catherine Oladunni Odu, while signing a memorandum of understanding between the state government and Abbis Farms Nigeria Limited on the establishment and cultivation of 961 hectares of farmland for oil palm plantation in Ala Forest reserve, Ondo State.
She observed that the agreement was in line with the first agenda of the Governor, Oluwarotimi Odunayo Akeredolu. Princess Odu commended the strategic move to invest in the development of oil palm plantation in the State, which will in turn serve as a dual benefit for food security and employment opportunity for all.
“With the increasing demand for oil palm in various industries such as food, cosmetics and biofuel, Ondo State government is glad to partner with reputable investors in large scale farming to ensure continued production of reliable and high-quality supply of the product.”
Charging the investor, Princess Odu harped on the importance of professionalism in the delivery of the project in order to meet the growing demands for the supply of oil palm in the state. She emphasized that the implementation of best practices to minimise deforestation must strictly be adhered to.
