Skip to content
July 20, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • Nigeria unveils plans to join palm oil producing bloc
  • Business & Economy

Nigeria unveils plans to join palm oil producing bloc

Admin February 21, 2026

The Federal Government says it will validate a technical committee report geared towards transiting Nigeria from observer status to full membership of Council of Palm Oil Producing Countries (CPOPC) in April.

Sen. Abubakar Kyari, Minister of Agriculture and Food Security said this when the council’s mission visited him on Saturday in Abuja.

He said that the ministry had constituted a technical committee to consider how the country would seamlessly transit from observer country to membership CPOPC based on its strategic importance in palm oil production.

“We are conscious of the fact that palm oil value chain is very strategic for us and identified it an export crop that can drive foreign exchange for the country and ensure good health in terms of consumption.

“We are conscious of the fact that we need the support of CPOPC countries to avail the country with new variety of seeds that are climate smart resistant that it can be produced by farmers in the country,” he said.

Mr. Alphonsus Inyang, President, National Palm Produce Association of Nigeria (NPPAN) said being a member of CPOPC Nigeria would target over 10 million tonnes oil palm between 2026 and 2050.

“We are also targeting 2.5 million hectres from among Nigeria households who are out to produce one hectre each geared towards N20 trillion annual economy within this period from among Nigeria households.

“We are working side by side with the big players who will be developing plantations,” he said.

The Secretary-General of CPOPC, Izzana Salleh said the council mission to Nigeria was to see how the country could transit from observer status to full membership, among others

She said that the status of the country as an observer nation since 2024 would expire by November.

Salleh assured the country of the council’s readiness to support
it’s vision to strengthen domestic production, enhance food security and build a competitive and sustainable palm oil supply chain.

Izzana emphasised that being a member of the council would strategically position Nigeria for greater future regarding oil palm production .

According to her, visit is to strengthen the council’s engagement with Nigeria
including potential membership in CPOPC.

She said: “the aim of the council’s mission to Nigeria is to advance both Nigeria’s national ambitions and Africa’s collective voice in global agricultural discussions.

“CPOPC was established to promote
cooperation among producing nations, empower smallholders, advance sustainability, and ensure fair, science-based global dialogue on vegetable oils.

She emphasised that being a member of the council would strategically position the country for greater future regarding oil palm production and value chain as well as export.

“We are ready to support Nigeria’s vision to strengthen domestic production, enhance food security, and build a competitive and sustainable palm oil supply chain,” she said. (NAN

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Abubakar Kyari CPOPC Izzana Salleh

Post navigation

Previous Innoson employs 8,000 workers, expands with new tractor plant
Next 17 ships discharging petroleum products, others in Lagos ports

Related Stories

West Africa’s ECOWAS bloc signs agreement backing Nigeria-Morocco atlantic gas pipeline, statement reports regional heads
  • Business & Economy

West Africa’s ECOWAS bloc signs agreement backing Nigeria-Morocco atlantic gas pipeline, statement reports

July 20, 2026
NLNG honours Professor Barth Nnaji for his contribution to science and innovation
  • Business & Economy

NLNG honours Professor Barth Nnaji for his contribution to science and innovation

July 20, 2026
IPMAN to FG: Stop issuing licences for petroleum products import Fuel crisis
  • Business & Economy

IPMAN to FG: Stop issuing licences for petroleum products import

July 20, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos
  • National News

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos

July 20, 2026
Court sentences 2 Ansaru commanders to life imprisonment Federal High Court
  • National News

Court sentences 2 Ansaru commanders to life imprisonment

July 20, 2026
Nigeria’s Erebor elected ATU confab preparatory committee chair
  • International News

Nigeria’s Erebor elected ATU confab preparatory committee chair

July 20, 2026
Reps Committee commences consideration of revised State Police establishment bill spokesman
  • National News

Reps Committee commences consideration of revised State Police establishment bill

July 20, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.