'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.

Ibrahim Abikan     Aliyu Olatunji Ajanaku     Deji Ajani     Folorunsho Alao     Iyeru Grammar School     Idris Garba     Jamiu Oyawoye     Temitope Ogunbanke     Abdulrazaq Aiyelabegan     Kwara State Television (KWTV)     Radio SBS     Kwara Volleyball Association     Oniyangi     GAMA     Saeedat Aliyu     Sabi     Mahmud Ajeigbe     Saduki Lafiagi     Adeleke Ogungbe     Kwara State Printing And Publishing Corporation     Ibraheem Abdullateef     Samuel Adaramola     Ayeyemi Sulaiman     Yunus Oniboki     Tayo Awodiji     David Adesina     Pius Abioje     Adegoke Bamidele     Rueben Parejo     Onilu     Ndama Al-hassan     Amina Susa\'a De Ahmed     Ilorin Talaka Parapo     Shuaib Abdulkadir     Gbenga Awoyale     Lasiele Alabi Yahaya     Simeon Sule Ajibola     Kwara United     Mujtabah Bature     Tunji Olawuyi     V.O. Abioye     Ilesha-Gwanara     Yunus Lawal     2023 Elections     Oke-Ero     Bisi Kristien     Local Government Pension Board     Special Agro-Industrial Hub     AbdulRasaq Abdulmajeed Alaro     Adeniyi Ojo     NIRSAL     Hauwa Nuru     Ajeigbe     Muslim Cementary     Kwabes     Magaji Erubu     Amuda Musbau     Adamu Ibrahim Sabi     Kale Belgore     Law School Scholarship     Zubair Folorunsho Erubu     Colleges Of Education Academic Staff Union     Akume     Abubakar Lah     Sunday Popo-Ola     Mohammed Saidu     IHS Towers     Women Radio     Kwara 2015     Alapado     Oyedun Juliana Funke     Christopher Tunji Ayeni     Moshood Kashimawo Abiola     Yusuf Aiyedun     Isiaka Rafiu Mope     Idowu Aremu     Abdulkareem Alabi    

Cloud Tag: What's trending

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

Adedayo Yusuf Abdulkareem     Markaz Arabic And Islamic Training Institute, Agege     Jimoh Bashir     Oba-Solagberu     Ope Saraki     Muritala Awodun     Baba Idris     Justina Oha     Centre For Peace And Strategic Studies     NNPP     EFCC     Tayo Alao     Bola Sagaya     Lanre Issa Onilu     Jani Ibrahim     Alimi     Amos Justus Sayo     Awodun     Ishak Mohammed Sabi     Fatima Abolore Jimoh     Abiodun Jacob Ajiboye     Baboko     Jide Ashonibare     Kwara 2015     Sidikat Uthman Ajibola     Ganiyu Taofiq     Yusuf AbdulRasheed     Kubra Kazum     Katibi Ibraheem Adeola     Aliyu Alhassan     Saliu Shola Taofeek     Government High School (GHS), Adeta     Bursary     Ahmad Belgore     Pakata Patriots     Council Of The Wise     Communication Network Support Services     Kisra     Busari Toyin Isiaka     Odogun Olushola Gabriel     Segun Ogunsola     Budo-Egba     Malete     Abdullahi Samari     Ola Falade     Igbaja     Ajasse-Ipo     Ojuekun     Hajj     Wahab Isa     Kwara Hotel     Offa     Titus Suberu-Ajibola     The Herald     Abiodun Oyedepo     Balogin Alanamu     Adeniyi Ojo     Kanu Agabi     Oluwarotimi Boluwatife Adenike     Ganmo Power Sub-Station     PharmAccess Foundation     Suleiman Idris     Saka Isau     Amuda Musbau     Titus Ashaolu     Agbarere     Twitter     Rebecca Bake     Minimum Wage     Akeem Lawal     Sulyman Tejidini     Babs Iwarere     Alfa Belgore     Mazars Consulting     Ilesha Gwanara Road     Belgore     Garba Dogo