Presco today: highlights
Employment GenerationPresco is one of the largest employers in Edo and Delta states, with a total of about 1,300 employees.
Indirectly, Presco’s operations positively impact on the livelihoods of many more people through transport contracts, construction contracts, fruit purchases from farmers, as well as by the company being a large consumer of goods and services.
Plantation Development
In keeping with its aspiration of maintaining a leading position in the oil palm sub-sector of the agro-industry in Nigeria, Presco plans to continue its forward looking vision of plantation expansion and development in oil palm cultivation.
Currently the total planted area is 9,100 hectares of oil palm plantations.
The planting/replanting of the estates will continue at up to 1,000 hectares / annum.
Industrial facilities
The palm oil mill capacity is being increased from 24 to 40 tonnes fresh fruit bunches (FFB)/hour. The palm kernel crushing plant operates at 40 tonnes/day. The refinery and fractionation plant capacity and refined products has recently been increased from 50 to 75 tonnes/day.
Community Relations
To create a suitable environment for our operations, and in an effort to ensure that our presence has a positive impact on the lives and social well-being of our host communities, our Relations Department handles all aspects of community relations. More specifically we focus on employment, educational infrastructure, road rehabilitation, scholarships for students, provision of electricity, water supplies and other essential facilities.
Environment
Presco firmly believes in environmentally friendly and sustainable production. All factory waste of the oil mills is recylced into the plantation or used as fuel to generate green process steam and electricity. As a member of the Siat Group of Companies, Presco is actively involved in a joint research programme with CIRAD. This research programme focuses on developing criteria for sustainable and environmentally responsible plantation development and management.