Close Menu
    What's Hot

    May 8, 2026

    Investors Gain N3.2trn as Cement Oligarchs Recoup Losses

    May 8, 2026

    Oil Market Sees 7% Weekly Decline in Crude Prices

    May 8, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, May 9
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    Home - MarketForces News - FG Initiates Palm Oil Traceability System to Boost Quality, Exports
    News

    FG Initiates Palm Oil Traceability System to Boost Quality, Exports

    Marketforces AfricaBy Marketforces AfricaJuly 22, 2025Updated:July 22, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Fg Initiates Palm Oil Traceability System To Boost Quality, Exports
    Sen. Abubakar Kyari, Minister of Agriculture and Food Security
    Share
    Facebook Twitter Pinterest Email Copy Link

    FG Initiates Palm Oil Traceability System to Boost Quality, Exports

    The Federal Government (FG) has inaugurated the National Palm Oil Traceability System (NaPOTS) Framework and inaugurated a 16-member Inter-Agency Committee to implement it.

    NaPOTS aims to improve product quality, promote sustainability, support climate-smart practices, and position Nigerian palm oil for competitive markets both domestically and internationally.

    Speaking at the inauguration on Tuesday in Abuja, Sen. Abubakar Kyari, Minister of Agriculture and Food Security, called the inauguration a major milestone in Nigeria’s agricultural transformation.

    Represented by Dr Marcus Ogunbiyi, Permanent Secretary of the ministry, Kyari emphasised that the inter-agency committee would design and oversee the Palm Oil Traceability Roadmap, coordinating efforts across multiple stakeholders.

    He noted that the initiative aligned with the ministry’s National Agricultural Technology and Innovation Policy (NATIP), which prioritised innovation, sustainability, and market-driven value chains.

    “This traceability framework demonstrates our commitment to food safety, market transparency, and economic resilience under President Bola Tinubu’s leadership.

    “It modernises value chains, boosts global competitiveness, and encourages responsible production throughout the oil palm sector,” he said.

    Kyari added that traceability would increase consumer confidence by eliminating adulteration, ensuring compliance with national and international quality standards, and enhancing Nigeria’s appeal in industries such as food processing, pharmaceuticals, and cosmetics.

    He also highlighted the crucial role of smallholder farmers, who produced more than 80 percent of Nigeria’s palm oil, and stated, “A traceability framework is a critical bridge to formal markets.”

    Mr Kene Onukwube, Programme Manager for Solidaridad Nigeria, welcomed the framework’s integration, noting that it would add efficiency across production, processing, and marketing in the palm oil sector.

    Onukwube lauded Solidaridad’s contribution, including climate-smart oil palm farming initiatives in Akwa Ibom, Rivers, Enugu, and Kogi states, and said the framework came with policies to drive sustainable implementation. #FG Initiates Palm Oil Traceability System to Boost Quality, Exports Sustainable Development Goals: World Off Track 2030 Targets—UN Chief

    Food Palm oil
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Related Posts

    News

    Investors Gain N3.2trn as Cement Oligarchs Recoup Losses

    May 8, 2026
    News

    Oil Market Sees 7% Weekly Decline in Crude Prices

    May 8, 2026
    News

    A’ibom Plans Oil Palm Revolution for Economic Prosperity

    May 8, 2026
    News

    XRP Rises as X Integrates Live Price Chart

    May 8, 2026
    News

    South African Rand Momentum Eases on Middle East Clashes

    May 8, 2026
    News

    BTC, ETH, XRP Dip on US-Iran Clashes Induced Crypto Selloffs

    May 8, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    May 8, 2026

    Investors Gain N3.2trn as Cement Oligarchs Recoup Losses

    May 8, 2026

    Oil Market Sees 7% Weekly Decline in Crude Prices

    May 8, 2026

    A’ibom Plans Oil Palm Revolution for Economic Prosperity

    May 8, 2026
    Latest Posts

    Investors Gain N3.2trn as Cement Oligarchs Recoup Losses

    May 8, 2026

    Oil Market Sees 7% Weekly Decline in Crude Prices

    May 8, 2026

    A’ibom Plans Oil Palm Revolution for Economic Prosperity

    May 8, 2026

    XRP Rises as X Integrates Live Price Chart

    May 8, 2026

    South African Rand Momentum Eases on Middle East Clashes

    May 8, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    May 8, 2026

    Investors Gain N3.2trn as Cement Oligarchs Recoup Losses

    May 8, 2026

    Oil Market Sees 7% Weekly Decline in Crude Prices

    May 8, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.