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.

Balogun Fulani     FERMA     Imodoye Writer’s Enclave     Suwa-Arabs     Joana Nnazua Kolo     Hassanat Bello     Village Alive Development Association     Elerin Of Adanla Irese     Ilorin Airport     Maigida Soludero Transit     Akom Construction And Engineering Synergy Ltd     Academic Staff Union Of Universities     Mahfouz Adedimeji     Vasolar     Aminu Adisa Logun     Demola Banu     Saliu Mustapha     MATTA Girls Foundation     Fareedah Dankaka     Ajayi Okasanmi     Makama     Yekeen Alabi     Baba Adini Of Kwara State     Abubakar Olusola Saraki     John Dara     Ilorin General Hospital     Prince Bola Ajibola     Ahmed Bayero     IF-K     Ayeyemi Sulaiman     Tuesday Assayomo     Salaudeen Oyewale     Olufolake Abdulrazaq     Ilorin East/South Federal Constituency     Haruna Tambiri Mohammed     Saad Omo\'ya     ER-KANG Mining Nigeria Company Limited     LABTOP     07039448763     Adeola Abraham     Kabir Shagaya     Abubakar Lah     Adedipe     PAACO-PCL Consortium     Ojo Fadumila     Baakini     Ahmed Alhasssan     Rapheal Ashaolu     Saka Asiat Ayinke     Kulende-UITH     Otunba Taiwo Joseph     Abubakar Suleiman     Suleman Abubakar     Baba Isale     Amoyo     Monsurat Omotosho     Ibrahim Mashood     Ike Ekweremadu     Alapado     Mahmud Durosinlohun Atiku     Twitter     Galadiman Ngeri     Nagode     Segun Ogunsola     Forgo Battery     Wahab Agbaje     Abdulraufu Mustapha     Sherif Sagaya     Sadiq Umar     Kwara State Pension Board     Assayomo     Kwara State Geographic Information Service     Tunde Kazeem     Emir Of Yashikira     Elewu     KwaraLearn     Ogidi-Oloje    

Cloud Tag: What's trending

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

Tanke     AGILE Programme     PPS     Elekoyangan     Lasiele Alabi Yahaya     New Naira Notes     Teachers Specific Allowance     Shuaib Jawondo     Erin-ile     Hikmah AbdulKareem     Saka Aleshinloye     Mohammed Lawal     Henry Olaosebikan     Government High School (GHS), Adeta     Isiaka Oniwa     Najim Yaasin     Mahfouz Adedimeji     IYA ALFA NLA     Abdulraheem Yusuf     Abdulkadir Bolakale Sakariyah     Durosinlohun Kawu     Samuel Elizabeth Keatswa     Dorcas Afeniforo     Owo Isowo     Musbau A. Akanji     Segun Ogunsola     Ibrahim Kayode Adeyemi     Government House     Oko-Olowo     SAPZ Project     Ilorin South     Abdulrasheed Na\'Allah     Oba Abu     Nigeria Governors\' Forum     Borgu     Quarry Royal Valley     Sheikh Ariyibi     Taibat Ayinke Ahmed     Okanlawon Taiwo     Kehinde Boyede     Ojuekun Sarumi     Assayomo     Ahmed Saidu Rufai     SWAN     3MTT     Kwara State Fire Service     Alaro     Christian Association Of Nigeria     Law School Scholarship     Oya State     UNIFEMGA     Folorunsho Alao     Funmilayo Zubair     Mary Arinde     Monkey Pox     Kayode Alabi     Oba-Solagberu     Kwara Teaching Service Commission     Harafat E. Mukadam     Razaq Ayobami Akanbi     Fatimat Saliu     Arinola Fatimoh Lawal     Moshood Kashimawo Abiola     Neuropsychiatric Hospital     Ajeigbe     Yakubu Danladi     Mohammed Danjuma     FERMA     Bola Magaji     Senate     Agor     Abdul-Rahoof Bello     Muritala Awodun     Pilgrims Board     Galadima     Abdulkadir Jimoh     Principal Private Secretary