AWARENESS TIMES
Sierra Leone News & Information

State House | Press Union | Lumley Beach | AllAfrica | SL-Web

www.awarenesstimes.com

  Giving Knowledge to the People
welcome to sierra leone's premier news source
Last Updated: Aug 5th, 2015 - 17:34:29 
Front Page 
 
 NEWS
 Breaking News
 Local News
 Politics
 Photo News
 Video News
 
 EDITORIALS
 
 FROM OUR TEAM
 
 COMMENTS & OPINIONS
 Moiie's Column
 
 SPECIAL REPORTS
 Afsatu Kabba
 
 FEATURES
 
 ENTERTAINMENT
 
 PROFILES
 Role Models
 Awareness Lady
 Common Man
 
 THE ECONOMY
 
 NOTICES & DOCUMENTS
 Special Messages
 Legal Matters
 Obituaries
 
 PAID SUPPLEMENTS
 
 ADVERTISEMENTS
 
 SATIRE
Search


Published online by
Sylvia Blyden Dot Com

17 Garrison Street,
Freetown,
Sierra Leone.
Tel: +232-77-772001
Tel: +232-88-321000
Tel: +232-76-350077
Tel: +232-30-321001
Email:
editor@news.sl
Website:
www.awarenesstimes.com

NEWS : Local News  

Sierra Leone News : Gold Tree Opines Economic Boom from Oil Palms
By Augustine Samba
Aug 5, 2015, 17:02
Email this article
 Printer friendly page

The General Manager of the Goldtree Oil Palm Plantation on Friday 30th July 2015 said well planned oil palm investment will yield huge economic boom for Sierra Leone but lamented his company was as yet unable to secure needful funding. Mr. Pieter Van Dessel made this statement during his presentation to the Parliamentary Oversight Committee on Agriculture, Forestry and Food Security and Ministry officials at a meeting held at the Goldtree Oil Palm Mill at Daru in the Kailahun District.

 

The committee was led by Hon. Mohamed K. Tholley and 4 other members including Hon.Saidu B. Kamara, Hon. Stile Jengo, Hon. Daniel B. Koroma and Hon. Abu Jajua. The Deputy Minister of Agriculture, Mr. Lovell C. Thomas, very senior officials from Freetown and pressmen were part of the delegation.

 

According to the General Manager, Sierra Leone has the potential to heavily rely on oil palm for economic growth and development.

 

“Sierra Leone is exclusive for oil palm growth” he stated “the climate change, sun, soil and land textures are viable for oil palm especially in Kailahun District” he disclosed. 

 

He disclosed that Sierra Leone is regarded for palm carnal and most countries in Asia including Malaysia are today dedicating their oil palm origin to Sierra Leone. He said if Asians are today making huge profit in oil palm, Sierra Leone can make it but only if people invest in oil palm. He went on; out of 50million tones of oil palm being exported into the world, Asia provides 80% whilst Africa provides little.

 

“Agriculture can develop your country, it provides cheap food and employment” he told Members of Parliament and team “Sierra Leone should embark on agriculture like Malaysia and Indonesia”.

 

He said the future of oil palm now lies in Africa because Malaysia, Indonesia and other Asia countries have utilized all their lands whilst Sierra Leone and other African Countries still possessed large percentage of arable lands. He disclosed to the oversight members that Sierra Leone is currently producing 50,000 tons of oil palm per annual but that was not enough for economic growth.

 

“Nobody can live without oil and therefore investing in oil palm will improve Sierra Leone economy and exportation” he assured.        

 

However the company manager was very frank to inform the Parliamentary Committee and Ministry that they need new investors to support their project.  According to him, the current production cost is too high.  He said the company has huge future potential and they intend to plant another 5,000 acres if they could secure the funds.

 

The manager disclosed that they need funds to provide more seedlings, community development planning, and improvement on the project activities as well as supporting out-growers.

 

He said few years ago, the previous management of the company lost huge money owning to mismanagement but he still believes that there is hope and that is why he abandoned a very big oil palm company in Nigeria to take over here.

 

The entire delegation was impressed with the goodwill and project planning of the company after the presentation. A short tour on the facility climaxed the event.


© Copyright by Awareness Times Newspaper in Freetown, Sierra Leone.

Top of Page

Latest Headlines
NEWS
SLPP & APC MPs Call for Checks on All NGO Vehicles
Sierra Leone News : IG Munu Suspends 2 Senior Police Officers over Kabala Incidence
Sierra Leone, South Sudan Meet on Post War Reconciliation and Justice Experience Sharing
EDITORIALS
Sierra Leone: Why Always Port Loko? Why? Why?
$200,000 AFCOM Scandal: Why VP Foh Must Be Very Careful
Front Page Editorial Advise... Tiffy Tiffy AFCOM's $200,000 Fake VSAT Contract & Hon VP Foh
FROM OUR TEAM
APOLOGY FOR DELAY IN WEBSITE NEWS UPDATES
Rogue Judiciary Catalysed Civil War - Sierra Leone Citizens
Sierra Leone News: Awareness Times Newspaper is back after Holiday Break
COMMENTS & OPINIONS
Awareness Times Reacts as Deputy Social Welfare Minister Rugiatu Neneh Turay References Us Whilst Publicly Challenging Government Policy & Her Boss right on her Facebook page
Abdul Malik Bangura writes Osman J. Conteh (OJC) over Claims of Partiality against Deputy Social Welfare, Gender and Children’s Affairs Minister
Surrur Wages War on Social Media... Drags Civil Service to Gutters
SPECIAL REPORTS
Sierra Leone Cabinet Minister Calls On Police to Investigate Conspiracy to Defraud Donor Funds
Sierra Leone President’s Wife Denies being Infected by Ebola
Mr. Edward Babatunde Blyden Located: We Give God the Glory!
FEATURES
Who is Theresa May: A Profile of UK's New Female Prime Minister
Quotable Quote: Kamarainba on Dr. Sylvia Blyden
WHEN PRESIDENT KOROMA PROMISES HE DELIVERS-HEALTH MINISTER TELLS WATERLOO PEOPLE
ENTERTAINMENT
ALONZO : TALK ABOUT SALONE
PROFILES
OJU Wilson - Your contribution to the Human Rights Struggle and the Rule of Law will never be forgotten
Sierra Leone Politics : Alhaji Osman Foday Yansaneh, a Muslim Steering an all-inclusive APC Secretariat
TRIBUTE TO DR. V R WILLOUGHBY
THE ECONOMY
Sierra Leone Investment: Hon. Turay Cajoles UNESCO Investors
NOTICES & DOCUMENTS
World Vision pledges support to ending early marriage in Sierra Leone
That Very Serious Bias Against the North:An Urgent Need to Re-Draw Administrative Boundaries.
Honourable Minister Dr. Sylvia Blyden Thanks UNICEF
PAID SUPPLEMENTS
Sierra Leone Health Ministry Hails International Insurance Company
Sierra Rutile in Advertorial on its activities
ADVERTISEMENTS
EBOLA Breaking ‘NEWS’ - Do you seek good for Kenema & Kailahun?
SATIRE
RETRACTION!!
SPECIAL POEM : A Tale of 2 Women
SLPP, be Grateful to Lt. Maada Bio

Copyright © 2005 - 2010, Awareness Times Sierra Leone; All Rights Reserved.
Hosted & Designed by West Africa Dot Net