Malaysia exports $13.31 billion worth of palm oil in eight months -- News Report

Me:

One of the areas I give importance to is raising awareness among Nigerians on the necessity of developing the comatose and archaic Agricultural sector.

From the above report Malaysia exports $13.31 billion worth of palm oil in eight months. This is close to what Nigeria earns from Crude Oil sales in the same period.

It is important to note that Palm Oil originates from West Africa where it grows in the wild and later was developed into an Agricultural crop. Sadly, today Indonesia is the world largest producer of Palm Oil closely followed by Malaysia.

Indonesia and Malaysia are by far the largest palm oil producing nations. Together they account for 85-90 percent of the total production of this vegetable oil. Other important producing countries are Colombia, Nigeria and Thailand.

Correction:

There is this fraudulent rumor that the late Premier of the Northern region, Sardauna of Sokoto, took Palm Oil seedlings to Malaysia. This is not true. Palm Oil was introduced to Malaysia, then Malaya, by the British in early 1870's as an ornamental plant.

Conclusion:

Nigeria and by extension West Africa should wakeup and double Palm Oil production in the region. While other nations of the world are making progress and advancing, we are moving backwards with underdevelopment. Unfortunately, this is our sad reality...

#ElbinawiTweets

That is what Peter Obi is coming to correct, Buhari's own is to share money every month.

Why we need peter obi,Agriculture,tech every aspect will be working

Nigeria that is the second largest producer of fuel in africa but is importing fuel..
You don't know what you are saying

Elbinawi:
Malaysia exports $13.31 billion worth of palm oil in eight months -- News Report

Me:

One of the areas I give importance to is raising awareness among Nigerians on the necessity of developing the comatose and archaic Agricultural sector.

From the above report Malaysia exports $13.31 billion worth of palm oil in eight months. This is close to what Nigeria earns from Crude Oil sales in the same period.

It is important to note that Palm Oil originates from West Africa where it grows in the wild and later was developed into an Agricultural crop. Sadly, today Indonesia is the world largest producer of Palm Oil closely followed by Malaysia.

Indonesia and Malaysia are by far the largest palm oil producing nations. Together they account for 85-90 percent of the total production of this vegetable oil. Other important producing countries are Colombia, Nigeria and Thailand.

Correction:

There is this fraudulent rumor that the late Premier of the Northern region, Sardauna of Sokoto, took Palm Oil seedlings to Malaysia. This is not true. Palm Oil was introduced to Malaysia, then Malaya, by the British in early 1870's as an ornamental plant.

Conclusion:

Nigeria and by extension West Africa should wakeup and double Palm Oil production in the region. While other nations of the world are making progress and advancing, we are moving backwards with underdevelopment. Unfortunately, this is our sad reality...

#ElbinawiTweets

Because government are clean men who don't have time for dirty work such as weeding, clearing, cutting, I mean they want something quick-quick like just did the ground scoop it up voila money is here!

Lack of infrastructure, mechanization and finance wont let that happen

waldigit:

Because government are clean men who don't have time for dirty work such as weeding, clearing, cutting,

smh at you and OP. Leave this idle life on social media and study. A lot is going on in that space so much that if you had just been diligent enough to study and not lament as usual, you will feel proud about this great nation.
Building a palm plantation takes years but once it hits production you then start seeing it. While you lament here, almost on a monthly basis since this current govt came on board, new palm plantations and palm oil refinery are being set up and doing backward integration. Such companies are on the stock exchange and I know at least 3 companies on the exchange that invested billions in a palm plantations but yet to hit production.
In fact, from much already going on in that space, other savvy investors are moving to other cash crops like cashew which is one of the highest export now and Julius Berger has started buying up unshelled cashew nuts to process into nuts and export.
Just stop wasting your time and life on the social media, a lot is going on so find out and key in so you can quit this lamentation.

FreeStuffsNG:

smh at you and OP. Leave this idle life on social media and study. A lot is going on in that space so much that if you had just been diligent enough to study and not lament as usual, you will feel proud about this great nation.
Building a palm plantation takes years but once it hits production you then start seeing it. While you lament here, almost on a monthly basis since this current govt came on board, new palm plantations and palm oil refinery are being set up and doing backward integration. Such companies are on the stock exchange and I know at least 3 companies on the exchange that invested billions in a palm plantations but yet to hit production.
In fact, from much already going on in that space, other savvy investors are moving to other cash crops like cashew which is one of the highest export now and Julius Berger has started buying up unshelled cashew nuts to process into nuts and export.
Just stop wasting your time and life on the social media, a lot is going on so find out and key in so you can quit this lamentation.

Trying every means possible to exonerate the evil party and Government from their stealing and incompetent governance..
Building Palm plantation is not really hard as you are portraying it here...
Palm oil takes 3-4 years to hit production just after being planted.

Ordinary farmers in the village are having more production value during a course of 6-7 years of palm plantation(inception of the planting period to production period)

While your incompetent Government is on 7+ years in office, we have not heard of any first stance Massive Production despite their huge investment and hundreds of million naira in agricultural sector..

4teenblaq:

Smh. Everything is politics to you ehn. You are playing with poverty if you do not equip yourself with the right information and skills.
While you are here lamenting , your resourceful positive minded mates are buying the stocks of those companies. When by tomorrow they become far wealthier and successful you will still be here blaming your real and imagined enemies and finding excuse for failing in life.
Go and find those companies and start buying their stocks if you are serious about your life and future o.

Why should Palma oil inccrease when we can dig ground from "our oyel" for one nijeria

FreeStuffsNG:
Smh. Everything is politics to you ehn. You are playing with poverty if you do not equip yourself with the right information and skills.
While you are here lamenting , your resourceful positive minded mates are buying the stocks of those companies. When by tomorrow they become far wealthier and successful you will still be here blaming your real and imagined enemies and finding excuse for failing in life.
Go and find those companies and start buying their stocks if you are serious about your life and future o.

The thread is saying something , yo are saying another... Not everyone is poverty stricken like you.

4teenblaq:


The thread is saying something , yo are saying another... Not everyone is poverty stricken like you.

No vess. smh

FreeStuffsNG:

smh at you and OP. Leave this idle life on social media and study. A lot is going on in that space so much that if you had just been diligent enough to study and not lament as usual, you will feel proud about this great nation.
Building a palm plantation takes years but once it hits production you then start seeing it. While you lament here, almost on a monthly basis since this current govt came on board, new palm plantations and palm oil refinery are being set up and doing backward integration. Such companies are on the stock exchange and I know at least 3 companies on the exchange that invested billions in a palm plantations but yet to hit production.
In fact, from much already going on in that space, other savvy investors are moving to other cash crops like cashew which is one of the highest export now and Julius Berger has started buying up unshelled cashew nuts to process into nuts and export.
Just stop wasting your time and life on the social media, a lot is going on so find out and key in so you can quit this lamentation.

Social media is the best place to know if such things are going on. Every multinationals has pages on it. Those companies who invested in it would need to market it to the world someday and social media provides such platform, if a lot is going on and social media doesn't know, maybe it is for domestic consumption. Anyway I am aware of many private investment in that direction and a part of some in a little way but the role of government in providing enabling environment is what would to a large extent determine the outcome, just like Malaysia that the OP cited.