'Buhari's Administration Is Investor Friendly'

Date: 2017-11-30

Mr Ayo Olajiga, Chief Executive Officer, FoodPro Nigeria Ltd, a cashew processing company in Ilorin has described President Muhammadu Buhari's administration as investors' friendly.

Olajiga said this on Wednesday in Ilorin in an interview with the News Agency of Nigeria (NAN).

He said he received huge support from the Bank of Industry (BOI), adding that the development was indicative of the Federal Government's commitment to helping viable companies in the country to grow.

He said the fact that the Vice-President, Prof. Yemi Osinbajo, came to inaugurate the extension of the factory, recently, was a testimony that "this administration encourages the private sector."

He said the company had employed over 400 people in its operations as part of its contributions to reduce unemployment in the country.

"Through domestic processing of raw cashew nuts, we have created more than 400 direct jobs and thousands of indirect jobs for farmers, vendors, suppliers and artisans.

"They form the heartbeat of FoodPro's value chain.

"With 90 per cent of FoodPro's employees being women, we are humbled by the role we play in impacting communities and improving economic and social development conditions in our host community." Olajiga said.

The chief executive officer said the company had been in operation since 2013 but recently ramped up its capacity from 1,000 to 5,000 tonnes of raw cashew nuts per annum.

According to him, the effort made the copnay the largest locally owned cashew processing company in Nigeria.

Olajiga also said that FoodPro factory was the only factory certified by the African Cashew Alliance for Food Safety and Quality.

He said the company's plan was to double its operating capacity further to 10,000 tonnes, commence export of packaged and branded goods. The goods he said include existing brands – Lion Cashew & Go Nutz as well as a range of additional products that currently in their development phase.

He said the choice of Kwara for the establishment of the company was also due to the state government's business friendly policies and the proximity of Ilorin to source of its raw materials.

He commended BOI for its support to the company and the Kwara government.

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

07039448763     Iliasu     Ilesha-Gwanara     Ahmed Shuaib Buranga     Saidu Kawu     Oba-Solagberu     Ahman Pategi     Shehu Salau     Ghali Muhammed     Binta Abubakar-Mora     Abdulmumin Yinka Ajia     AbdulRauf Keji     Abdulhakeem Adelaja Amao     CLAY POT     Kwara State Branch Of The National Library     Ubandoma Of Ilorin     Neuropsychiatric Hospital     Jumoke Monsura Gafar     Muhammad Akande Olarewaju Odunade     Amuda Musbau     Council Of The Wise     Mahmud Durosinlohun Atiku     Lawal Olohungbebe     Kolawole Bashirat     Ishaq Oloyede     Yusuf Lawal     Opobiyi     Ilorin Talaka Parapo     George Innih     Senate President     Yakubu Shaaba     Yahaya Oloriegbe     Bukola Saraki     SAPZ Project     Aso Ofi     Florence Saraki     Tunde Idiagbon Road     Charcoal     SSA Youth Engagement     Okin High School     Abraham Ojo     Student Learning Support Helpline     Eleja     New Naira Notes     Binta Sulyman     KSIRS     Bola Olukoju     Funke Adedoyin     Innocent Okoye     Olaitan Buraimoh     Allocation     Kwara 2015     Abegunde Goke     Kazeem Gbolagade     Countryside Emerging Leaders Fellowship     Share     Abdulraheem Yusuf     Christian Association Of Nigeria     Awoye     Valsolar     Abdulquawiy Olododo     TESCOM 2025     Hakeem Idris     Wahab Agbaje     Issa Baba     Shuaib Jawondo     Salihu Jibril Garbi     Kwara 2023     Nigeria Foundation For Artificial Intelligence     Ilorin South Constituency     Saliu Alamoyo     UNILORIN Alumni Association     Talaka Parapo     Oye Tinuoye     KWIRS     Hassanat Bello     Kwarareports.com    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Valsolar     Kamoru Kadiri     Kayode Issa     Ayobola Ipinlaiye     Umar Saro     Musa Aibinu     Henry Makinwa     Balogin Alanamu     Adedipe     Dan Masanin     Awodun     Mansur Alfanla     Gbenga Adebayo     Adebayo Mohammed Kamaldeen     Bolaji Gambari     Yakubu Gobir     2017 Budget     Joseph Offorjama     Muhammed Mahe Abdulkadir     Ibrahim Sulu Gambari     Alfa Modibbo Belgore     Kayode Laro     Ilorin Emirate Staff Association     Isin     Owode Market     Joshua Adeyemi Adimula     Kaiama     Abdulkareem Alabi     Unilorin     Bayo Ojo     Rashidi Yekini     Ndama Al-hassan     Hamidat Sulyman-Yusuf     Shettima     Ajidagba     Abdulmajeed Wahab     TIC     Col. Adedipe     Muhammad Ghali Alaaya     KWSIEC     Oba Mogaji Abdulkadir     Muhammed Aliyu     Royal FM     Aso-ofi     Lafiagi     Elelu     Najim Yaasin     International Aviation College     Femtech     GAMA     Sola Saraki University     Isiaka Alikinla     Okin Biscuits     Bursary     Mashood Abdulrafiu Agboola     Olabanji Orilonishe     IsDB     Suleiman Mora Omar     Oja-Oba     Ahmad Olayiwola Kamaldeen     Samari     Jimba Babatunde     Reuben Paraje     Babatunde Ishola Babaita     Col. Ibrahim Taiwo     Yusuf Ali     Salihu S. Yaru     Dan Iya Of Ilorin     C2c@kwarastate.gov.ng     Muyideen Ajani Bello     Baba Issa     Wahab Kunle Shittu     Abubakar Imam     Pakata Patriots     Offa Metropolitan Club     Tunji Ajanaku     Sabitiyu Grillo