‘We will create master-plan for rubber production in Edo’

Governor Godwin Obaseki of Edo State has said the state government is planning to create a master plan for rubber production as part of efforts to boost foreign exchange earnings and reposition Edo as the leader in cultivation and processing of rubber.


The governor who disclosed this while receiving the management of the Rubber Research Institute of Nigeria (RRIN) at the Edo Government House in Benin on Monday said the state government is fully ready to collaborate with RRIN to achieve the goal.

He said the state government would rely on the institute to determine the location of soil types that can support cultivation of rubber in the state so that agreement can be reached on the amount of land that will be provided for rubber cultivation, the quantity of yield to expect and to know the key investors.

While reminding the RRIN delegation that rubber once served as a source of foreign earnings for the country before the discovery of crude oil, Obaseki said the state has decided to invest in rubber production as it had all the resources to do so especially now that earnings from crude oil can no longer sustain the economy of the country.

“Rubber is a global commodity; we are going to look at the global price for the commodity and work on how to improve the business in the state,” he said.

Obaseki, however, said that the state government would not be directly involved in rubber production but would give the needed support to boost and sustain rubber production.

“Our own is to support local farmers and investors to grow rubber plantation. We need to understand the whole value chain and the stakeholders in the rubber cluster, to make Edo a key rubber producing region on the continent.”



Comments

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