South group urges federal government to ban importation of palm oil


ban-importation-palm-oilConsumers’ cooperatives in the South-East and South-South geopolitical zones have made a distress call to the Federal Government to ban the importation of palm oil to protect the rural producers and farmers.

This was the high point of a four-day capacity building workshop organised by the cooperative in Awka with the resolve to develop cooperative industry in the two zones across the country.

Arising from the workshop held at the Federal Cooperative College, Oji River, Enugu State, participants agreed that there was need for the Federal Government to create a separate ministry of Cooperative, Rural Development and Poverty Reduction.

The participants noted that the establishment of Cooperative and Commerce Bank has become necessary for a vital development of the cooperative industry in the two zones.

They said this would grant easy access to funds for the members.

“Federal Government should establish Marketing Boards that will put in place price control mechanism to reduce waste regulate the cost of production. There is also need to reduce monopoly of agencies or middlemen,” they said.

They made it clear that cooperative education, especially among rural farmers should be vigorously pursued by the state directors of the cooperative.