'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.

Yahaya Seriki     Government House     Shade Omoniyi     Ahmed     Ahmad Olanrewaju Belgore     Oyawoye     Tanke Flyover Bridge     GANZY     Ogidi-Oloje     Ubandoma Of Ilorin     Olomu Of Omu-Aran     Arca Santa     Oba Abdulkadir La\'aro     Segun Adeniyi     Ayoade Akinnibosun     Alao Ayotunde     Salihu S. Yaru     Ishola Balogun Fulani     Adeleke Ogungbe     Adama Isa     Muhammed Danjuma     Adamu Attah     PPS     Owu Fall     Gabriel Fashanu     GGDSS Pakata     Gbenga Adebayo     Ilorin South     Saba Jibril     Babatunde Ajeigbe     Kabir Shagaya     Unicontinental Construction Company     Oluronke Adeyemi     Labaeka     Jaigbade Alao     Iqra Books     Kulende-UITH     Ramadhan     Islamiya Abdulraheem     Kola Shittu     Durbar     Muhammadu Gobir     Oke-Odo     Kwara State University Of Education     Omotoso     Chief Imam Of Omu-Aran     Omupo     Guber Aspirant     Oba Mogaji Abdulkadir     Michael Nzekwe     Osi     State Bureau Of Internal Revenue     Tsado Manman     Olaosebikan     Kwara TV     Olayinka Olaogun     Bayo Ajia     Muritala Awodun     FOMWAN     Oro Grammar School     Harafat E. Mukadam     Oba-Solagberu     Olam Food Ingredients     Talaka Parapo     Chartered Institute Of Personnel Management Of Nigeria     Baakini     Abdulrazaq Adebayo     Tayo Alao     Ella Supreme Tissue Paper     Olofa Of Offa     Kolade Solagberu     Timothy Akangbe     Simeon Sayomi     Facebook     Salary     Tanke Road     Adesina Simon Sodiya    

Cloud Tag: What's trending

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

Onilorin Of Ilorin     Kwara North     Ahmad Fatima Bisola     Sabo-Oke     Sobi Hill     Sarafadeen Kayode Akorede     Yeketi     Arinola Lawal     Valsolar Consortium     Abdulwahab Oba     Lithium Deposit     Ifelodun     Elerinjare     Aremu Odolaye     Yakubu Shaaba     Ajike People Support Centre     Adedeji Onimago     Shaykh Luqman Jimoh     Otoge     Sulyman Age AbdulKareem     Imodoye Writer’s Enclave     Matthew Okedare     Fatai Garuba Labaka     ASKOMP     Kwara Restoration Project     Ilorin International Airport     Ademola Kiyesola     Abdulmajeed Abdullahi     Akorede     Yusuf Ibitokun Sherifat     Babatunde Ajeigbe     Toyin Saraki     Assayomo     Twitter     NNPP     Olatunde Jare     Moshood Bakare     Sango-UITH Road     Folorunsho Alao     Gbemisola Oguntimehin     Babaloja-General     Ayo Salami     Oja-Oba     Olatunji Ayeni     Yekini Adio     Onikijipa     Rotimi Oyedepo     General Hospital, Offa     Moses Afolayan     Mary Kemi Adeosun     Haruna Tambiri Mohammed     Jeunkunu-Malete-Bani     Bamidele Adegoke     Sulaiman Gado     Kwara State Printing And Publishing Corporation     John Mayokun Dada     Okeose Christian Cementary     Raymond Olaitan     Toyosi Thomas     Abdulrahman Onikijipa     Turaki     Muhammadu Buhari     Saidu Kawu     Ministry Of Women Affairs And Social Development     Abegunde Goke     Kupchi Hosea Maxwell     Age AbdulKareem     Mohammed Tunde-Jimoh     Michael Nzwekwe     Alabe     Saliu Ajia     Centre For Digital Economy     Ishaq Abdulkarim     Kwabes     Leke Ogungbe     Abdulmajeed Wahab     Ishola Abdullahi