• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, October 13, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

Rubber association seeks support of LASG for enhanced growth

Rubber

The Matters Press by The Matters Press
April 9, 2022
Reading Time: 2 mins read
0
Rubber association seeks support of LASG for enhanced growth

The National Rubber Producers, Processors And Marketers Association of Nigeria (NARPPMAN) has appealed to the Lagos State Government to support the agro rubber business.

RELATED POSTS

FG’s fuel price cap, bold move in line with global efforts to mitigate effects of Middle East conflict* -TMSG

Naira’s ranking among Africa’s strongest currencies, reflective of President Tinubu’s economic policies

Rising national revenue reflects President Tinubu’s sound financial skill, says DG TSG

The National President of NARPPMAN, Mr Peter Igbinosun, made the plea at the inauguration of the Lagos State chapter of the association on Saturday in Lagos.

Igbinosun was represented by the National Secretary of NARPPMAN, Mr Stephen Orimisan.

Speaking on the theme: ‘Economic and environmental sustainability: Natural rubber to the rescue,” Igbinosun called on other agriculture stakeholders to offer support to the sector for enhanced growth and development.

He said that collaboration of the state government and concerned ministries would help to develop the rubber sub-sector in the country.

“In the near future, the rubber sub-sector will become employers of labour contributing to internally generated revenue in the state.

“NARPPMAN, Lagos State chapter, has been given a target to develop 5,000 hectares of rubber plantation in 10 years.

“This 10-year-project will cost over N8 billion to plant 5,000 hectares.

“This project will employ 15,000 people, directly involved in the farming activities, and 25 others on direct contract and service provision,” he said.

Igbinosun said that the objective was to revive the rubber sub-sector and its value chain in the six geo-political zones of the country.

The keynote speaker and Vice Chairman, NARPPMAN, Osun, Mr Adeyokunnu Adeniyi, said that natural rubber, as a panacea for Nigeria’s socio-economic and environmental challenges, could not be exhaustively discussed.

Adeniyi said that with the rate of unemployment, underemployment, increased rate of poverty and insecurity, it was high time government and the people looked in the direction of natural rubber.

“The current situation in Nigeria calls for an alternative high revenue yielding product that does not destroy, but enhances the stability and sustainability of our ecosystem.

“Incidentally and happily, natural rubber fits this description. Luckily, natural rubber is a tropical plant that grows well in rain forest areas,” he said.

Adeniyi added that natural rubber cultivation was highly profitable, noting that the margin of profit depends on the planting methodology employed and trees per hectare density.

Also, Mr Adejuyigbe Alo, Chairman of NARPPMAN, Lagos State chapter, said that cultivation of natural rubber on commercial scales comes with a wide range of socio-economic benefits.

Alo said that membership was not distance restricted as one could reside in any part of the globe and be a member of the association.

“Lagos State may not have the size of land that rubber plantations require, but there is a back up arrangement to site the larger chunk of our farmland requirements in one or two neighbouring states,” he said.

On his part, Speaker of the Lagos State House of Assembly, Mr Mudashiru Obasa, promised to support the association by formulating policies and laws which would promote rubber plantation in the state.

Obasa was represented at the event by Mr Richard Adedamola Kasunmu, Chairman, House Committee on Lands.

Natural rubber is a tree plant that produces a sticky, milky secretion called latex which is collected by making incisions on its back.

The latex is refined into lumps and ready for commercial processing into a wide range of products and by-products of diverse uses, across industries and households all over the world.

Tags: Rubber
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Stable petrol supply excites Buhari
Economy/Technology

FG’s fuel price cap, bold move in line with global efforts to mitigate effects of Middle East conflict* -TMSG

October 12, 2026
Chatham House stance on Nigeria’s economy, a non-biased assessment of  reforms
Economy/Technology

Naira’s ranking among Africa’s strongest currencies, reflective of President Tinubu’s economic policies

October 12, 2026
Tinubu signs amended electoral Act
Economy/Technology

Rising national revenue reflects President Tinubu’s sound financial skill, says DG TSG

October 9, 2026
Tinubu explains mission as he marks second year in office
Economy/Technology

No way President Tinubu could have retained fuel subsidy on assuming office, IMPI insists

October 7, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

IMPI CHALLENGES ATIKU, OBI TO PUBLIC DEBATE ON SUBSIDY RESTORATION; DEMANDS ANSWERS TO CRITICAL FISCAL POSERS

October 7, 2026
Nigeria has not taken decision yet on fuel subsidy
Economy/Technology

The Fallacy of Atiku and Obi’s Subsidy Restoration Advocacy

October 7, 2026
Next Post
Buhari hosts ICAN President, praises professionals as livewire of economies

Buhari hosts ICAN President, praises professionals as livewire of economies

NPA tasks arbitrators on speedy dispute resolution

NPA redeploys senior officials

Recommended Stories

Tinubu’s economic reforms encourage investment – UK

Nigeria moves to close financial gap

November 9, 2023
NSIA, Agency in deal on solar power

Solar hybrid power plant ready soon

April 7, 2022
World Bank’s President quits

World Bank’s President quits

January 8, 2019

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • FG’s fuel price cap, bold move in line with global efforts to mitigate effects of Middle East conflict* -TMSG
  • Naira’s ranking among Africa’s strongest currencies, reflective of President Tinubu’s economic policies
  • Rising national revenue reflects President Tinubu’s sound financial skill, says DG TSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us