Oil palm production value addition in Nigeria: The way forward
1 Department of Agricultural Extension, Delta State University, Abraka, Delta State, Nigeria.
2 Department of Agricultural Extension and Rural Development, Dennis Osadebay University, Asaba, Delta State, Nigeria.
Review Article
World Journal of Advanced Research and Reviews, 2024, 21(03), 2009–2017
Publication history:
Received on 11 February 2024; revised on 22 March 2024; accepted on 25 March 2024
Abstract:
This study appraised the way forward for oil palm production value addition in Nigeria. Oil palm has economic, cultural and traditional significance in many communities in Nigeria. In recent years, the oil palm sector in Nigeria has faced challenges related to sustainability, environmental conservation, and market access. The study identified the major players in the oil palm industry in Nigeria. It was shown that value addition processes in oil palm production are essential for enhancing the economic value of palm oil and its derivatives. It was obvious that challenges outlined in value addition processes of the oil palm industry include inefficient processing facilities, storage challenges, lack of cold chain infrastructure, limited access to credit and financing, inadequate research and development and environmental issues. The study revealed that Government interventions as a way forward play a crucial role in promoting value addition in the oil palm industry. This extends to research and development, infrastructure development, market access and trade facilitation, sustainable certification and standards, tax incentives, subsidies, extension services and environmental regulations. It was accounted that successful value addition projects in the oil palm sector in Nigeria have the potential to transform the local economy and improve livelihoods. A replication of the success stories is a way forward to value addition sustainability in the oil palm industry. Conclusion reached as ways forward include technological advancement, increased palm oil production, increased research and development, increased market expansion and steady government support and policy framework.
Keywords:
Oil Palm; Palm oil; Value addition; Technology; Production; Way forward; Nigeria
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