'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 Buhariís 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 Ė 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 governmentís 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.

Source

 


Cloud Tag: What's trending

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

Bureau Of Lands     Neo Mundo Ltd     Mohammed Haruna     Kwara Hotel     Geri-Alimi Split Diamond Interchange     Bio Ibrahim     Ariyo     Tosho Yaqub     Third Estate     Innocent Okoye     Ohoro Of Shao     Moshood Mustapha     Wasiu Odewale     Amusement Park     Ilorin Durbar     Tafidan Kaiama     Sulyman Abdulkareem     Segun Abifarin     Volunteers Of Ilorin Community And The Emirate     Onilupeju Of Ilupeju     Funke Adedoyin     Kwara South     Ganmo     Lawal Arinola Kudirat     Kwara United     Sulyman Atolagbe Alege     Adegoke Bamidele     James Kolo     Fareedah Dankaka     Yaru     Allocation     Jani Ibrahim     Post Utme     Yusuf Olaolu Ali     Olusegun Adeniyi     Bilikis Oladimeji     Jimoh Olusola Imam     Raimi Iyanda     Kudirat Arinola Lawal     Ahmed     Jide Oyinloye     Ita-Ore     Sebastine Obasi     Usman Rifun     Sulyman Age AbdulKareem     Yoonus Lawal     Ilesha-Gwanara     Babatunde Ajeigbe     Kwara 2023     Ibrahim Kayode Adeyemi     Government House     Olomu     Binta Abubakar-Mora     Theophilus Oyebiyi     Moji Makanjuola     Muftau Akanbi Oke     Ilorin.Info     Mamman Saba Jibril     Ajakaye     Ahmed Alhasssan     Aliyu Adebayo     Ganmo Power Sub-Station     Yinka Aluko     Tunji Oyawoye     Kayode Yusuf     General Hospital, Ilorin     Olohungbebe     Isiaka Gold     Yeketi     George Funsho Adebayo     Taofik Abdulkareem Babaita     Adedipe     Abdulkadir Remi Hawawu     Olatunji Ibrahim     Fatai Garuba Labaka     Women For Change And Development Initiative     Durbar    

Cloud Tag: What's trending

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

Olatunji Ibrahim     Igbomina     Ile Arugbo     Saidu Kawu     Niyi Osundare     Bayo Ajia     Isin     GRA     Leke Ogungbe     Aliyu Muhammad-Saifudeen     Guber Aspirant     Lai Gobir     Omotosho     Timothy Olatunde Fadipe     Kale Ayo     Abdulrahman Abdulrasak     EndSARS     Kolade Solagberu     Adegoke Bamidele     Emmanuel Bello     Abdulkadir Remi Hawawu     Gbemisola Saraki     Simeon Ajibola     Muhammed Abdullahi     Muhammad Yahya     Bluenile Associates     Yakub Ali-Agan     Aisha Ahman-Pategi     College Of Education     Funmi Salau     Gafaru Olayiwola Olorisade     Dele Belgore     Share/Tsaragi     Tunde Kazeem     Aisha Abodunrin Ibrahim     Abdulraheem Yusuf     Yusuf Aiyedun     Kola Bukoye     Presidential Election     Taofeek Sanusi     Sunday Fagbemi     Abdulrazaq Adebayo     Saheed Popoola     Yunus Oniboki     LEAH Charity Foundation     Www.Kwarareports.com     Joseph Daudu     Abdulkadir Orire     Veterinary Teaching Hospital     Oyedun Juliana Funke     Hamidat Sulyman-Yusuf     Ajike People Support Centre     Shero     Omupo     Yekeen Alabi     EFCC     Ajakaye     Isiaka Oniwa     Adamu Attah     Hakeem Idris     Balogun Ajikobi     Olatunji Bamgbola     Maigidasanma     Ahmad Lawan     Ahman Pategi University     Wahab Abayawo     Isiaka Yusuf     Yusuf Abubakar     Olusola Saraki     Amusa Bello     Bilikis Oladimeji     Gobirawa     Muslim Media Watch Group Of Nigeria     IPSAS     Moshood Bakare     Kwarareports     Quareeb