New board of Twifo Oil Palm Plantation inaugurated

Government has inaugurated the reconstituted Board of Twifo Oil Palm Plantation Limited (TOPP) which it is the highest shareholder, with its proportion standing at 80.46% of the total company shares

The move is in line with government’s commitment to commence a new initiative in Palm Plantation as contained in the President’s State of the Nation’s Address (SONA) of 2016.

The minister for Agriculture, Alhaji Mohammed-Muniru Limuna who doubles as Chairman of the board, encouraged the new board to eschew unnecessary hesitation in the execution of the company’s programs.

He admonished all to endeavour to work delinquently and efficiently towards realizing the goals of government for the palm subsector.

Alhaji Limuna equally reiterated the fact that government’s consideration of the palm subsector as one of the critical real sectors of the economy within the Agricultural portfolio stems from the nation’s comparative advantage in the production of the fruit, which could go a long way in supporting President Mahama’s program of economic diversification.

He assured the board that the President will make good of his pledge to establish the Oil Palm Development Board, an initiative that holds potential of transforming the palm subsector.

TOPP currently produces 15,000MT of palm oil and 3,500MT of palm kernel. It also covers over 10,000 acres of nucleus palm plantation.