Presco today: highlights

Employment Generation

Presco is one of the largest employers of labour in Edo and Delta states, with a total of about 10,000  employees.

Indirectly, Presco’s operations positively impact on the livelihoods of many more people through transport contracts, construction contracts, fresh fruit bunches and kernel 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. 

As at January 2024, the total planted area is 26,566 hectares of oil palm plantations.
 

Industrial facilities

The palm oil mill capacity has increased from 60  to 90 tonnes fresh fruit bunches (FFB)/hour. The palm kernel crushing plant operates at 300 tonnes/day. The refinery has been increased to 500 metric tonnes per day and fractionation plant capacity and refined products to 105 tonnes/day.

Community Relations

To create healthy environment for our operations, and in an effort to ensure that our presence has 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 provision, road maintenance, scholarship for students, provision of electricity, potable water supply and other essential facilities.

Environment

Presco firmly believes in environmentally friendly and sustainable operation. All waste oil from the mill are recycled 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.