Wednesday, 20 March 2019



Dangote's Nigeria Tomato Plant Resumes After Years Idling

The factory, with a capacity for 1,200 metric tons of tomato paste daily and targeted at meeting domestic demand, restarted production last week. 

 
Aliko Dangote
 
A tomato-paste factory owned by Africa’s richest man, Aliko Dangote, resumed production in Nigeria’s northern state of Kano after staying idle for more than two years over a supply disruption partly caused by a price dispute with farmers.
 
The factory, with a capacity for 1,200 metric tons of tomato paste daily and targeted at meeting domestic demand, restarted production last week processing about 100 tons a day. It will ramp up output as tomato supply improves, according to Abdulkareem Kaita, the managing director of Dangote Farms Ltd, which owns the factory.
 
“Our major challenge is the scarcity of the tomato,” Kaita said in an interview at the factory in Kadawa, outside the northern city of Kano. “The local tomato growers could not meet our production demand, we also could not agree with the farmers on the price of tomato per basket.”
 
Under a new deal with the farmers, the factory will buy tomatoes at prices pegged to what local markets are selling.
 
Dangote is also developing its own farms with a special tomato strain that could yield 60 tons per hectare, compared with the yield of 10 tons per hectare being recorded by the local farmers, Kaita said. The company plans to distribute the seedlings to growers to boost their output.
 
The plant, which started production in 2015, was to help Africa’s most populous nation cut paste imports of 300,000 tons a year from China by using an estimated 900,000 tons of tomatoes lost after harvest every year for lack of storage and processing facilities.
 
Dangote Farms is part of Aliko Dangote’s diversified group of businesses, of which cement manufacturing is the main one. The 61-year-old tycoon, who is currently building a vast $12 billion oil refinery close to the commercial hub of Lagos, is also invested in sugar and flour.











Follow us
Twitter: @tonygists1
Facebook: @tonygists1
Instagram: @tonygists
Instagram 2: @tony_gists
Youtube: @Tonygists
YouTube 2: @Tonygiststv






Are You On youtube? subscribe to Hot GIST Channel Latest Updates - @Hot Gist

Are You On youtube? subscribe to Gospel World (which is also owned by Tony Gists) youtube Channel Latest Updates - @Gospel world

Are you on audio mack? Follow Tonygists on audio mack to listen and download to the latest Mfm sermons Latest Updates - @Tonygists

Follow Tonygists on LinkedIn to get more jobs opportunities Latest Updates - @Tonygists

Are You On youtube? subscribe to Honest Ose Channel Latest Updates - @Honest Ose

Are You On youtube? subscribe to Honest Web Solutions Channel Latest Updates - @Honest Web Solutions

Are You On youtube? subscribe to Xtremely Honest Channel Latest Updates - @Xtremely Honest

Are You On Twitter? Follow Us Now For Latest Updates - @tonygists

Are You On FACEBOOK? Like Our Page For Latest Updates - tonygists

Are You On FACEBOOK? Join Our Group For Latest Updates And Interactions - TonyGists


© 2024 Tonygists | Portions are © 2024 Associated Press. All rights reserved. This material may be published, broadcast, rewritten, or distributed.

Share This Post Via

Related Posts

Previous
Next Post »


Reliance Training and Management Consulting, a dynamic, fast growing indigenous entity, was established and duly registered with the aim to nurture, develop and innovate people and organisations through customized training, development and management consulting services, with excellent performance, deep sense of commitment, transparency, honesty and responsibility, to demonstrate the highest standard of technical and operational expertise.
 


 
Reliance is competently positioned to provide technical knowledge and skills relevant to practical management and business problems, to stimulate the creativity and innovation necessary to build a better community, a better nation and a better world with a committed mind set to contributing our best to the maximization of personal potentials and skills toward optimizing productivity and achieving organisational goals.
 
for more information click RELIANCE TRAINING AND MANAGEMENT CONSULTING

Ads