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    MarketForces Africa » MarketForces News » A’ibom Plans Oil Palm Revolution for Economic Prosperity
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    A’ibom Plans Oil Palm Revolution for Economic Prosperity

    Olu AnisereBy Olu AnisereMay 8, 2026No Comments2 Mins Read
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    A’ibom Plans Oil Palm Revolution for Economic Prosperity
    Gov. Umo Eno
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    A’ibom Plans Oil Palm Revolution for Economic Prosperity

    Gov. Umo Eno of Akwa Ibom says plans have been concluded for the state to implement an oil palm revolution targeted at boosting economic prosperity.

    Eno said this on Friday during the inauguration of an 11km road project implemented under the Rural Access and Agricultural Marketing Project (RAAMP) in Nsit Ibom.

    Represented by his Deputy, Sen. Akon Eyakenyi, Eno said that the plan would boost food production and sufficiency in the state.

    He said that his administration had a coordinated plan to massively increase oil palm farming, processing and marketing across the 31 local government areas.

    The governor further said that more farmers would be given improved oil palm seedlings, grants and assistance in land preparation to invest.

    Eno reaffirmed his administration’s commitment to sustainable infrastructure development across the state.

    He said that every local government area in the state had benefited from his administration’s impactful projects such as roads, schools, hospitals among others.

    “The essence is give Akwa Ibom people services that will improve their quality of life,” he said

    In her remarks, the Commissioner for Agriculture, Dr Offiong Offor, said that the state government had promptly paid its counterpart funding for the RAAMP project.

    Offor stated that improved rural infrastructure would significantly reduce rural-urban migration because it would open up economic opportunities at the local communities.

    She disclosed that RAAMP had successfully delivered no fewer than 202 kilometres of rural roads across 18 local government areas of the state.

    “We have established 19 road maintenance groups comprising 65 members across 14 local government areas, this is to ensure sustainability and proper rural roads maintenance,” she said.

    Offor thanked the World Bank, French Development Agency and the International Labour Organisation for their support to the project.

    The National Project Coordinator, RAAMP, Mr Aminu Mohammed, described Akwa Ibom as one of the “standout states” among the 19 participating states.

    He said that Akwa Ibom’s performance had qualified her for the second phase of the project, saying, ” this is a clear indication of consistency and effective implementation”

    He said that the project integrated road construction, agro-logistics centres, and rural markets to stimulate agricultural productivity.

    According to him, the project will also lead to increased income generation and economic opportunities for rural dwellers. Nigerian Maritime Stakeholders Demand End to Dollar-Denominated Port Charges

    Oil palm
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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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