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Showing posts with the label Kehinde Oloruntoba

Investors Commit $25m to Kogi Cassava City

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By Sam Egwu  The Cassava City in Osara, Kogi State, has received a boost following arrangements by Contec Global, Geron Oil & Gas and Jil Farms to invest about $25 million in the cassava farms. The Director of Contec Global, Dr Sashi Mozumder, who made this known at the Cassava City Day held at the Confluence Stadium, Lokoja, said his company, in partnership with Geron Oil & Gas, Praj India and the Nigeria National Petroleum Corporation (NNPC), will be producing 40,000 litres of bio-ethanol per day. He said, “The investment start-up on a turnkey basis is $25 million. The plant will employ over 2,500 people on a full time basis. “Contec consortium will provide inputs to farmers who will serve as out-growers for the scheme. They will also provide basic infrastructure such as rural roads, power and health centres.” The managing director, Geron Oil & Gas, Mr Haruna Madisca, and Mr Yakubu Danjuma, representing NNPC Renewable Energy Department, confirmed the commitment of ...

Kogi Produces 4m Metric Tonnes of Cassava Annually – Bello

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Gov. Yahaya Bello of Kogi says the state is producing over four million metric tonnes of cassava out of the 58 million produced nationwide annually. The governor disclosed this at the inauguration ceremony of the “Cassava City Day” in Lokoja, with theme: “Exploring the Treasures of Cassava Crop”, organised by Kogi Agriculture Development Project (ADP). Bello, who was represented by the state’s Commissioner of Agriculture, Mr Kehinde Oloruntoba, reiterated his commitment to transforming agriculture in Kogi with emphasis on cassava. “Kogi is the leading cassava producing state in Nigeria with production of 4 million MT per annum of the nation’s total of 58 million MT per annum. “Many treasures abound in cassava crop and nothing is wasted from the leaves, stems and roots. “Cassava products abound such as flour, chips, sweeteners, ethanol, starch, fufu, tapioca, abacha, garri and other industrial products,” he said. The Managing Director of the ADP, Mr Oyisi Okatahi, said the Cassava...