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Solidaridad, FG Sign MoU to Drive Economic Diversification


By Dike Onwuamaeze
The Solidaridad West Africa (Solidaridad) and the Federal Ministry of Agriculture and Rural Development (FMARD) have signed a memorandum of understanding (MoU) that would enhance the diversification of the Nigerian economy by improving the productivity in the country’s agricultural sector.
Solidaridad said the MoU would enable it to deploy its expertise and experience of more than 50 years toward improving the contribution of agriculture to Nigeria’s Gross Domestic Product (GDP).
Under the MoU, Solidaridad would provide technical support to the FMARD in the development of the oil palm sector in line with its goal of supporting Nigeria’s capacity-building efforts to regain the countrys leading role in the global production of the commodity. ....

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FG, firm sign MoU for oil palm development


Punch Newspapers
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Okechukwu Nnodim, Abuja
 The Federal Government has signed a memorandum of understanding with Solidaridad West Africa for the development of Nigeria’s oil palm sector.
In November 2020, The PUNCH reported that officials from the Federal Ministry of Agriculture and Rural Development, states, agencies and non-governmental organisations revealed that Nigeria was spending about $500m annually on oil palm imports.
Senior government officials and other stakeholders had agreed to partner to reduce the continued import of the commodity.
As part of measures to cut down on palm oil imports, the government through the FMARD signed an MoU with Solidaridad to develop Nigeria’s oil palm industry. ....

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