Coca-Cola Partners Agric Ministries in Kwara, Kogi to Harness Cassava Potential

Date: 2013-03-29

The Ministry of Agriculture and Rural Development and the Coca-Cola Group have begun discussion on partnership to harness some cassava potential.

Kelvin Balogun, the President, Coca-Cola (Central, East and West Africa), told the Minister, Dr Akinwumi Adesina, during a courtesy visit to his office that the group was motivated by his policies since he assumed office.

Balogun said that the group was interested in two of the policies - the local development of high citrus starch syrup and production of fruit juice concentrate from cassava.

According to him, these products are currently being imported from Thailand.

Balogun stressed that the group was committed to the sourcing of local raw materials in this line of business.

“These products are being imported from Thailand and on continual basis, we have to look for large concentrate of raw materials for these products,” he said. “We are extremely committed to this course and our ultimate goal is to produce locally made juice and give access to global procurement.’’

In his remarks, Adesina explained that the partnership was important because it would help add value to what the country produced locally.

He noted that the country spent N1 billion said that the country spent one billion naira annually on the importation of fruit juice and concentrate, a situation he said was not good for the economy.

He added that the country also spent a lot of money importing sugar.

“We have to look at other substitutes,” he said. “Cassava is a miracle crop and it can be transformed into so many things. It is a highly versatile crop. We can replace the 150 tonnes of citrus and juice concentrate that we import into this country through some of the potential from cassava.”

He said that the ministry was working with a company on two projects in Kwara and Kogi, to produce high citrus starch syrup and fruit juice concentrate from cassava.

According to him, the company has invested in 75,000-tonne plant and also on a 15,000 tonnes to produce juice sweetener.

The minister stressed that the federal government was committed to turning cassava into a tradeable commodity.

He further said that Flour Mills Nigeria Ltd. was also investing in sweetener and starch plants.

Adesina gave an assurance that the federal government would provide the needed support to efforts directed at import substitution.

He said that all areas where these citrus plants would be situated would have the presence of Staple Crop Processing Zones (SCPZ).

Source

 

Cloud Tag: What's trending

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

Funmilayo Mohammed     Kisra     Alfa Yahaya Road     Aminu Ado Bayero     Ishola Balogun Fulani     Bank Of Industry     KWASIEC     Yusuf Badmus     Congress For National Consensus     Muhammad Toyin Sanusi     NFAI     Olusin Of Ijara Isin     Ado Bayero     Ilorin Talaka Parapo     Lawal Jimoh     Abdulazeez Uthman     Fulani     Reuben Paraje     Neo Mundo Ltd     Age AbdulKareem     Saeedat Aliyu     Ilorin Descendants Progressive Union     Gbajabiamila     Ilorin Emirate Stakeholders Forum     Valsolar     Gbugbu     Mohammed Haruna     Oke-Kura     Idris Amosa Saidu     Volunteers Of Ilorin Community And The Emirate     Kale Bayero     Wahab Femi Agbaje     Amule     Shao     Ahmad Belgore     Ajayi Okasanmi     Fatai Adeniyi Garba     Musa Abdullahi     3MTT     MINILS     Chikanda     Baakini     Afolasade Opeyemi Kemi     Shehu Alimi Foundation     Adesoye College     M.Y. Abdulrahaman     Ogidi-Oloje     Muhammed Abdullahi     Al-Ilory     Muhammad Mustapha Suleiman     Doyin Group     Peter Obi     Omotosho     Air Peace     Hamid Bobboyi     Ayo Opadokun     Ophthalmological Society Of Nigeria     Ganmo Electricity Sub-Station     Ahmed Ayinla Jimoh     Nurudeen Muhammed     Trader Moni     Eleja     Kolade Solagberu     Maryam Ado Bayero     Abatemi-Usman     Owo Isowo     Orire     Idris Amosa Oladipo Saidu     Www.Kwarareports.com     Iponrin     Plat Technologies Limited     Just Law Forum     Oko-Olowo     Alabi Lawal     Yusuf AbdulRasheed     Aminat Ahmed     Muhammad Fawaz Abubakar    

Cloud Tag: What's trending

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

Ibrahim Kayode Adeyemi     Mutawali     Ojo Fadumila     Abdullahi Samari     Abdulwahab Olarewaju Issa     Christopher Ayeni     Kwara Muslim Pilgrims Welfare Board     Ariyo     Damilola Yusuf Adelodun     Katibi Ibraheem Adeola     Ajeigbe     Mansurat Amuda-Kannike     Pakata     Arandun     Akorede     Esinrogunjo     Lawan     Kwara State Governor     Bolakale Kawu     CELF     Nigerian Medical Association     School Of Nursing     Abdulrazaq Aiyelabegan     Baba Adini Of Kwara State     Ado Ibrahim     Sarkin Malamai     Abdulmalik Bashir Mopelola Risikatullahi     Ambassador Kayode Laro     Abdulazeez Arowona     HICA     TETFUND     Chikanda     Ita-Ore     Kola Shittu     N-Power     Veterinary Teaching Hospital     International Vocational Centre     Old Oyo     Yunus Lawal     Micheal Imodu-Ganmo Road     Jaiz Bank     Mohammed Yisa     Alabi Olayemi Abdulrazak     Kazeem Adekanye     Jelili Yusuf     Kamaldeen Gambari     Nigeria Association Of Women Journalists     Kwara State Sports Commission     Tunji Oyawoye     Isaac Gbenle     Amina El-Imam     Yekini Adio     MATTA Girls Foundation     Abdulkarim Adisa     Hamid Bobboyi     Crystal Corner Shops     Emir Of Shonga     Kwara Politics     Salihu Ajia     Ghali Muhammed     Bisi Oyeleke     Medinat Folorunsho Salman     NYSC     Offa Grammer School     Muslim Media Watch Group Of Nigeria     11th Galadima     Bayer Nigeria Limited     Boko Haram     Olota Of Odo-Owa     Yusuf Lanre Badmas     Kawu Baraje     Read With Me     Joseph Offorjama     Emir Of Yashikira     Moshood Bakare     Baruten     Mamatu Abdullahi