Zimbabwean plans 35m Euros Tomato Factory in Kwara

Hamilton Nwosa
Writer

Ad

Air Peace Faces Nationwide Disruption as Lessor Withdraws Aircraft

By Abiola Olawale Air Peace, one of Nigeria's major carriers, is experiencing widespread flight disruptions, including delays and cancellations nationwide, following the withdrawal of three aircraft by a major lessor, SmartLynx Airlines. ​The operational setback, which has been ongoing for the past week, has impacted the airline's schedule, leaving hundreds of passengers stranded and prompting…

Ex-Anambra Commissioner Debunks Reports, Says Obiano Hale and Hearty

By Abiola Olawale Former Anambra State Governor, Chief Willie Obiano, is alive and in good health, his former Commissioner for Information, Mr. C. Don Adinuba, has confirmed. The announcement comes in direct refutation of rumours circulating on social media suggesting the former governor had passed away. Adinuba dismissed the reports on Friday, describing them as…

Ranked: Countries With the Most GDP Per Capita Growth (2020-2025)

Key Takeaways Liechtenstein’s GDP per capita has grown by $67,713 since 2020, the largest absolute gain globally. Guyana saw the sharpest percentage increase in GDP per capita, surging 351% in five years, fueled by its rapidly expanding oil industry. Since 2020, U.S. GDP per capita has grown by $25,081, the seventh-highest increase in the world.…

Ad

A Zimbabwean farmer, Alvin Reid has disclosed that arrangements are in top gear towards establishing a Tomato Paste Factory worth 35million Euros in Shonga Farms in Edu Local Government Area of Kwara State.
Reid, who owns Shonga Dairy Farm 3, in an exclusive chat with our reporter on Tuesday at Shonga, that the factory would be bigger than Dangote’s Tomato Plant in Kano.
Besides, the White farmer disclosed that the establishment of cassava factory is in the offing, a plant which he said, would produce 60,000 tones of cassava flour per hour.
Shonga Farms is the brainchild of Governor Bukola Saraki-led administration in 2008 with a view to making Kwara a hub of commercial farming.
The establishment, which according to him is in its advanced stage, would ensure the white farmers plant 1,000 hectares of tomatoes in Tshonga Farms, to serve as raw materials for the factory.
“We are in advanced stage and early next year, construction would begin. The factory will generate thousands of employment,” Reid hinted.
On the cassava factory, he noted that there would be sharp reduction in the importation of flour, adding that it would further enhance collaboration between the white farmers and local counterpart in growing thousands hectares of cassava.
” The factory will take 18months to be completed, we plan to start construction early next year, once the factory is up & running, we will need to cultivate several thousand hectares of cassava, we are also in partnership with the locals, we’ll finance them to grow & sell to us”
“Prior to the astronomical increase in dollar value, it was not economically viable to grow cassava here as it was cheaper importing wheat, but now the reverse is the case”
“the factory would be the biggest cassava processing factory in West Africa, with capacity of producing 60,000 metric tonnes of flour, per hour. While our Tomato paste will be the biggest in the Sub-region, it’s bigger than Dangote paste factory in Kano”
“By early 2017, the construction of the factory will commence, we will also grow tomato on 1000 thousand hectares per annum, we are looking at providing a thousands of employment”
” The financial implications of setting up the factory is 35 million Euros & it is under Goldie logo farms” He stressedt

Ad

X whatsapp