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Nigeria, Malaysia to sign MoU on palm biomass development

Credible News by Credible News
February 21, 2024
in Agriculture, Development, Economy, Foreign, Global Trade, Human Interest, Interviews, News
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National Palm Produce Association of Nigeria, NPPAN

National Palm Produce Association of Nigeria, NPPAN

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The National Palm Produce Association of Nigeria, NPPAN,  says the Federal Government will sign Memorandum of Understanding, MoU, with Malaysian Government to develop palm biomass in the country.

Amb. Alphosus Inyang, President of NPPAN, disclosed this in an interview with the News Agency of Nigeria, NAN, on Wednesday in Abuja.

Inyang identified palm biomass as a multi- billion dollars economy.

“Biomass simply means agricultural waste and we are talking about turning waste to wealth.’’

The president said NPPAN was working with its counterpart in Malaysia to replicate what was happening in Malaysian palm biomass and other biomass, in Nigeria.

He said that development of palm biomass could contribute 10 billion dollars to National Gross Domestic Product, GDP,  within four years and generate over five million jobs within five years

Inyang said that Nigeria generated millions of agricultural waste annually, adding that signing MoU would enable the country to produce industrial goods, generate electricity, produce medicine and fertiliser among others as applicable in Malaysia.

He said most of the furniture materials being imported like the high density fibre wood, medium density fibre wood and other products being produced from biomass could be produced within the country once the MoU was in place.

“This gesture will help to regenerate our environment because most of these things are being ploughed back into the soil and help to gain carbon credit for Nigeria; it will also help in preserving our forest, conserving our environment and create jobs.

“The palm tree is 90 per cent biomass and 10 per cent palm oil.

“So, the palm tree, the trunk, is a biomass, the palm kanel shell makes up fibre, the empty bunches, palm front and many other parts of the tree are biomass which are currently been wasted in Nigeria.

“But in Malaysia, it has become a multi-billion dollars economy.

READ ALSO:Buhari denies authorising Mambilla project settlement with Sunrise power

”They are using this biomass to generate electricity, to produce furniture material, produce organic fertiliser, medicine and a lot of things.

 

“We have gone round many of these factories in Malaysia and they have agreed to sign MoU with our government to replicate same thing in Nigeria,” he said.

 

The president said that the association was currently working with the Federal Ministry of Industry, Trade and Investment for the development of National Biomass Master Plan for Nigeria.

 

Inyang identified the plan as a template or policy document that would serve as a guide to the implementation of palm biomass.

 

The MoU is between the Malaysia Biomass Industry Confederation and NPPAN, according to him.

 

Inyang said that the master plan would be in place on or before June.

 

He, however, appealed to the Ministry of Industry, to facilitate the development of the National Biomass Master Plan for Nigeria. 

 

Credible news.ng

Tags: Credible NewsGDPGross domestic productMalaysiaNPPANPalm
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