Cameroon produces 270000 tons of Palm oil annually as against national demand which stands at 400,000 tons.
Experts in the sector in a press conference recently in Yaoundé revealed that production has fallen by 20% in 2017. They advice that if Cameroon must feed local population and home based manufacturing industries, then the country must resort to importation. A situation not cherished by local producers of the basic good.
Since the start of this year, the purported bread basket of Central Africa, Cameroon has imported some 230000 tons of palm oil at its primary stage from neighboring Gabon so as to avert the scarcity and avoid price inflation in the market. The authorization to import this commodity was granted by the minister of finance on December 9th 2016.
Its very difficult to understand that Cameroon who has fed Gabon for years,now turns to her for food security in the advent of shortage.
Dr Dieudonne Essomba, renowned francophone Economist blames this on poor government policies. He told Cameroon Concord that; the so much talk about second generation agriculture has become a mere political slogan, youths have fled the roral areas in search of white collar jobs in big cities consequently, abandoning agriculture in the hands old people. More to that, government spend much part of its budget in buying luxurious cars rather than investing in meaningful sectors like agriculture.
On his part, Bernard Njonga, Farmer and politician, holds the opinion that the new deal government of mr Biya transformed the green revolution project into his campaign song.
Last year, la republic decided to send a delegation from the ministry of Agriculture and rural development (MINADER) and some technicians from the Cameroon Development Corporation (CDC) to Malaysia to study the techniques used by the palm oil giant to produce 22 million tons of palm oil yearly.
Since then, the mission of the Cameroonian delegation has not yielded any fruit because till date, the country still produce less than 300,000 tons and hope to reach 450,000 tons in 2020.