Cynthia Ezegwu
The Foundation for Partnership Initiatives within the Niger Delta (PIND) and Okomu Oil Palm Company Plc have signed a N1.2bn partnership settlement to advertise peacebuilding, enhance livelihoods, and foster inclusive improvement within the firm’s host communities in Edo State.
PIND disclosed this in a press release on Monday, describing the deal as a landmark collaboration geared toward deepening company social accountability and sustainable improvement beneath Okomu Oil’s 2026 CSR framework.
According to the assertion, the initiative builds on a three-year Memorandum of Understanding signed in 2024 and has been strengthened by a brand new project-specific settlement to be applied in 2026.
Managing Director of Okomu Oil Palm Company Plc, Dr. Graham Hefer, mentioned the partnership underscores the corporate’s perception that sustainable enterprise practices should align with shared group prosperity.
“This partnership with PIND reinforces our commitment to peace, partnership, and the well-being of our host communities through long-term, measurable impact,” Hefer mentioned.
PIND’s Executive Director, Mr. Sam Ogbemi Daibo, described the partnership as a mannequin for collaboration between the personal sector and improvement organisations to strengthen group resilience.
“Together with Okomu, we are not only delivering social investment but building local capacity, peace, and self-reliance — the real foundations of resilience,” Daibo said.
Under the initiative, the 2026 programme will give attention to peacebuilding, battle prevention, entry to finance, renewable vitality, market techniques improvement, and youth empowerment.
About 3,000 smallholder farmers are anticipated to profit from improved agricultural practices and enhanced market entry, whereas a mortgage assure scheme and {financial} literacy coaching will assist small and medium-scale companies.
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The venture may even set up group dialogue platforms, practice peace screens, and deploy early warning techniques to stop native conflicts.
In addition, a pilot photo voltaic mini-grid will probably be put in to energy colleges and well being centres, whereas a Technical and Vocational Education and Training (TVET) centre will practice 60 youths in tailoring and the manufacturing of protecting coveralls for Okomu’s operations.
A joint steering committee comprising representatives of PIND and Okomu Oil will oversee the implementation to make sure transparency, accountability, and gender inclusion.
Okomu Oil, one in every of Nigeria’s main agribusiness firms, reported a revenue after tax of N60.33bn for the 9 months ended September 2025, up 113 per cent from the identical interval in 2024.
