Oil palm dev’t board in the offing

An Oil Palm Development Board is to be is to be established to coordinate the activities of the palm oil industry.

It will promote and regulate the palm oil industry, according to Deputy Minister of Food and Agriculture, Dr Ahmed Yakubu Alhassan

“Last week Cabinet finally approved the formation of the oil palm development board and what is left now is for the ministry to engage key stakeholders particularly the Ministry of Trade and Industry and the AG’s department to put together a legal instrument (LI).

“We live in a constitutional environment, and so the creation of such boards must follow due process. This comes after the stakeholders had made some submissions to government,” Dr Yakubu told Accra-based Citi FM.

The establishment of the board will be an answer to numerous clamours for it by industry players.

Ghana is one of nine African countries involved in the Africa Palm Oil Initiative.