Marketing of Palm Oil Wastes: Economic and Environmental Benefits in Nigeria

Abstract

The palm oil industry provides means of livelihood to many people thus contributing substantially to the Nigerian economy. Wastes generated from the processing of palm oil often constitute environmental hazards. At present, there is strategic search for research, policy debates and agro-environmental schemes geared toward the conversion of waste to wealth in the industry. It is important that the wastes generated by palm oil processors be managed using technologically sound, economically viable and environmentally friendly techniques. The study investigated the financial and environmental benefits in the marketing of palm oil wastes. Data on waste disposal methods and revenue derivable from the marketing of palm oil wastes were collected from primary sources using structured questionnaire. Data obtained from these sources were analyzed with the use of descriptive statistical tools and correlation analysis. The result showed that the major type of palm oil waste generated was palm press fibre (PPF) (40%) and palm kernel shell (32%). Recycling of waste (36%) dominated the waste management methods, followed by the sale (30%), while the least was dumping method. Disposal of palm oil waste through organic recycling had positive effect (54%) on the environment. The sale of palm oil mill effluent had significant (p<0.05) and positive relationship with revenue generated by palm oil processors. The marketing of palm oil waste studied enhanced the income of palm oil processors and improved environmental quality respectively. We recommended the development of the emerging market for palm oil wastes in Nigeria.