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Nosak Supports Drive for Domestic Production

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The Nosak Group, makers of Nosak Famili Vegetable Oil and Nosak Famili Pure Palm Oil, has expressed its commitments in promoting homemade food products at the on-going maiden edition of Edo Food and Agric Trade Fair.

In a paper on the topic: “Growing Edo State Economy and Agric Value Chain Using the Bottom-Up Model of Development,” the Chief Operating Officer, Nosak Group, Thomas Oloriegbe, called for the closure of the infrastructural gap such as access roads, electricity, water supply, amongst others.

Oloriegbe added that, “Farmers should be educated on the ways they can grow their businesses by embracing the financial opportunities through the various Agric intervention funds provided by the Central Bank of Nigerian (CBN) and the Bank of Industry (BOI) as well as organised Cooperative Societies.”

Accessing these funds would further improve the value chain and encourage more participation of the local farmers into agricultural practice in large scale, he explained.

Using the Nosak Group Example, he said through Saturn Farms Limited; a plantation of 1,053 hectares with three tons milling capacity of palm oil and Nosak Farm Produce Limited; a refining/processing plant with 200 tons refining capacity, the Group was improving the value chain by putting to use the bottom-up model to enhance productivity and inclusiveness in agricultural practice.

He added: “Nosak Group has also negotiated with three communities for land leases and crop compensation at mutually agreed terms. They are: Obagie Community – 10,000 hectares, Igieduma Community – 7,000 hectares and Evbueghae in Orhionmwon local government – 5,000 hectares.

“This is further evidence that Nosak Group will continue to invest in the Agric sector for the benefit of the Nigerian people.”

The fair is to showcase foods produced in the Edo State and also sell same to Edo people at lower prices to enable them shop effectively for the yuletide season. It is also a convergence for famers and agro allied industries to meet and exchange ideas on the best practices to grow the agricultural sector of the state.

In his remarks, Governor of Edo State, Godwin Obaseki, said Nigeria spends over N20 Billion on food importation annually on products that can be grown locally in Nigeria.

“Our emphasis in Edo State is to talk less and look for honest and direct means to empower the people and make them rich,” he added.

https://www.thisdaylive.com/index.php/2018/12/14/nosak-supports-drive-for-domestic-production/


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23 Comments Nigeria News
Olite1996• 7 months ago
we better get it right
Reply
iammicharles• 7 months ago
We need it
Reply
Oluwatobiloba• 7 months ago
Okay
Reply
Raymond• 7 months ago
Ok
Reply
Raymond• 7 months ago
Ok
Reply
yetty031009• 7 months ago
Ok
Reply
Iamajtofunmi• 7 months ago
Ok
Reply
olakunle031009• 7 months ago
Ok
Reply
Iamajtofunmi• 7 months ago
Ok
Reply
Danson92• 7 months ago
Ok
Reply
Fatimabello• 7 months ago
Ok
Reply
Nwoguemmanuel77• 7 months ago
Ok
Reply
Racheal• 7 months ago
Ok
Reply
innkayobami• 7 months ago
We need innovations like this
Reply
Iyamahsolomon• 7 months ago
ok
Reply
Kolatunmy• 7 months ago
Noted
Reply
Keshinismail• 7 months ago
OK
Reply
ANOINTING• 7 months ago
Coded
Reply
Irphilippe• 7 months ago
Okay
Reply
Irphilippe• 7 months ago
Okay
Reply
innkayobami• 7 months ago
All good
Reply
Iyamahsolomon• 7 months ago
ok
Reply
Abiodun• 7 months ago
noted
Reply

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