Local Entrepreneur to Build Potatoes Plant in Anambra

By October 30, 2019 Investment News
A local entrepreneur, Mr Albert Okoye, says his group of companies plans to establish 120 tons capacity potatoes processing plant in Anambra.

Okoye, Managing Director, Hoval Group of Companies, Nigeria Ltd., producing organic fertilisers disclosed this in an interview with News Agency of Nigeria (NAN) on Thursday in Awka.

He said the plant to be sited at Umuawulu Community, Awka North Area of Anambra would employ 250 workers on take-off.

According to him, when fully operational, the plant will be producing eight finished consumables, including potatoes floor, noodles and other beverages.

He added that additional 1,250 workers would be engaged when the second batch of the plant expected in Anambra by next year arrived.

Okoye, who already has two outfits in Abuja and 9th Mile Corner, Enugu, where he produces organic fertilizer, encouraged more farmers to go into potatoes cultivation in Anambra.

“From November 2019 when the first phase of the potatoes will come on stream, the plant will require more than 10, 000 potatoes farmers supplying us the produce.

“When other components of the plants come in by next year, more than 40, 000 farmers will be required to supply potatoes to the plant,” he said.

Okoye, whose Hoval Groups produce about 10 million litres of organic fertilizers used the medium to call on farmers to embrace usage of organic fertilizers.

“Organic fertilizers are largely used by farmers in the northern part of the country and it has obvious advantages to inorganic fertilizers,” he said.

Source: Daily Trust