Ogun State Government has resuscitated its cashew processing plant at Imasayi in Yewa North Local Government Area, as part of efforts to boost the processing and exportation of cashew nut.
The State Government was able to revive the processing plant through its partnership with an indigenous Agro-allied processing company, J22 Concerns Limited.
The State Commissioner for Industry, Trade and Investment, Mrs. Kikelomo Longe who revealed this while presenting a Letter of Award to the Chief Executive Officer of the company, Mr. Yinka Akintola, at the Palace of the Olu of Imasayi, Yewa North Local Government Area of the State, said the move was to tap full economic benefits of the crop.
Longe represented by the Permanent Secretary in the Ministry, Mr. Olu. Ola. Aikulola, said the present administration decided to operationalise the plant, which has been moribund since 2018, up noting that the collaboration would enhance the socio-economic growth of the State.
She called on relevant stakeholders and the people of Imasayi to support the investor, by boosting the value-chain and expand production, adding that it would bring about job opportunities capable of improving standard of living.
"We should team up with the investor to ensure the best use of this cashew processing plant. We want a situation whereby the cashew nuts grown in Imasayi will be processed in the town. This will boost the cashew value-chain and bring about development to the State, create job opportunities and lead to improvement in the people's standard of living", he said.
The Commissioner assured that the Prince Dapo Abiodun-led administration remained committed to make the State investors' preferred choice of destination, as well as promoting the Public Private Partnership policy, which would lead to the progress of the agricultural sector.
Also speaking, the Trade Promotion Advisor/Head, Abeokuta Smart Office, Nigerian Export Promotion Council (NEPC), Mr. Samson Idowu said only 10 percent of the 240 metric tonnes of cashew nuts grown in Nigeria is processed.
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