'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.

Ambassador Kayode Laro     Mustapha Olanipekun     Abdulmumini AbdulRazaq     Joseph Alex Offorjama     Mike Omotosho     Kabir Shagaya     Chemiroy Nigeria Limited     Jamiu Oyawoye     Abiodun Musa Aibinu     Kazeem Oladepo     Adeniyi Ojo     Bayo Ojo     Eruku     Eleja     College Of Education     Sa\'adu Gambari     Ahman Pategi University     Michael Nzwekwe     Pategi     Playing Host     Omupo     Olam Food Ingredients     Afusat Nike Ibrahim     Yakubu Shaaba     GGDSS Pakata     Sheikh Hamzat Yusuf Ariyibi     Olohungbebe     Balogin Alanamu     Gbugbu International Market     Erin-ile     Abdulquowiyu Olododo     Gobir Organization Foundation     Ita-Ore     JAAC     Government Girls’ Day Secondary School Pakata     Owo Arugbo     Bolaji Aladie     Ibrahim Oniye     Ganmo     Kwara 2023     Opobiyi     Cassava Growers\' Association     Albert Ogunsola     Tayo Alao     Labaeka     Susan Modupe Oluwole     Centre For Peace And Strategic Studies     Aisha Ahman Pategi     David Adesina     Ronke Adeyemi     Babatunde Ishola Babaita     Olanrewju Okanlawon Musa     Amos Bajeh     Sarkin Malamai     Iyabo Dupe Adekeye     Yusuf Abubakar     Abdullahi Adisa Akodudu     Odo-Owa     Olaitan Adefila     Adamu Atta     Ojo Fadumila     Volunteers Of Ilorin Community And The Emirate     Balogun-Ojomu     Lanre Issa Onilu     Olatunde Michaels     Oke-Odo     Afeyin-Olukuta     Adama Isa     Florence Saraki     Kwara State Fish Farmers Association     Usman Rifun     Baboko Primary School     Modupe Oluwole     Communication Network Support Services     Zainab Abass     General Tunde Idiagbon International Airport     Abdulrahman Abdullahi Kayode    

Cloud Tag: What's trending

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

Alabi Olayemi Abdulrazak     Kwara Poly     Olusegun Adeniyi     Kwarareports     Bukola Saraki     ER-KANG     KWAFFA     11th Galadima     Olaiya Lawal     Muhammadu Gobir     Mukhtar Shagaya     Moro     Vishvas KOZ Tractors     Micheal Imoudu     Awwal Jawondo     Al-Hikmah University     Earlyon Technologies     Saad Omo Iya     Facemasks     Danladi     Hassan Abdulazeez Elewu     Ibrahim Abdulqadir Abikan     Jelili Yusuf     Oniyangi Kunle Sulaiman     Bareke     Joseph Bamigboye     Rueben Parejo     Bamikole Omishore     Nigeria Governors\' Forum     Timothy Akangbe     Rabiu Kwankwaso     Iyabo Dupe Adekeye     James Kolo     Alabe     Isiaka Saka Opobiyi     Lateef Fagbemi     Ajasse-Ipo     Mohammed Yahaya Barki     Oke-Ode     Kulende-UITH     Facebook     Kwha.gov.ng     Orisun Igbomina     Shehu Jimoh     Wahab Issa     Ezekiel Yissa Benjamin     Benin Republic     Ghali Alaaya     Musa Aibinu     Ibrahim Kayode Adeyemi     Abdulkadir Bolakale Sakariyah     Kamaldeen Kehinde     Offa Poly     Third Estate     Abdulhakeem Adelaja Amao     Nupe     Abdulsalam A. Yusuf     Ilorin Like-Minds     Clara Nwachukwu     Aliyu Muhammad Saifudeen     Olayinka Oladapo Jogunola     Ndama Al-hassan     Dan Iya     Samari     Bashiru Makama     Crystal Corner Shops     Solomon Edoja     Dan-Kazeem     Ilorin Talaka Parapo     Lanre Badmus     SSA Youth     Yahaya Oloriegbe     Jumoke Monsura Gafar     Ilesha Gwanara Road     Moses Rahman Popoola     Galadiman Ngeri     Abdulrazak Shehu Akorede