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Cashew processing gets boost in Nigeria, as company commissions ultra-modern plant in Epe

Cashew processing gets boost in Nigeria, as company commissions ultra-modern plant in Epe

Julius Berger Nigeria Plc. on Saturday commissioned an ultra-modern cashew processing plant in the coastal town of Epe in Lagos state.

The brand name of the new processed cashew is Mighty Kashoo.

The commissioning, according to the media unit of the engineering company in a press statement, Monday, “substantively birthed the company’s strategic plan to transform into a conglomerate in the nearest future”.

It added that “the commissioning of the state-of-the-art cashew plant is an effort by the company reputed for its sustainable business offerings at diversifying into the economically significant agricultural industry in addition to its thriving construction major.”

Epe lies on the north bank of the about 50 km long coastal Lagos lagoon that has since been a collecting point for the export of fish. But all that changed Saturday with the commissioning of Julius Berger’s huge and expansive cashew processing plant.

In the words of Chairman of Julius Berger’s board of directors, Mr. Mutiu Sunmonu, who presented the keynote address at the event, the occasion marked a pivotal moment in the company’s history “as we are ready to succeed and move in the right direction tremendously for Nigeria, our employees and shareholders.”

Mr Sunmonu said the company has strategically diversified from being only an engineering construction entity into “agricultural produce processing for which we all know Nigerians have a historical antecedent and understandable nostalgia.”

The company’s managing director Engr. Lars Richter, in his speech said by the commissioning of the factory, the company “has inaugurated its first Cashew Processing Plant, marking another significant milestone in the company’s partnering relationship with Nigeria.”

The company’s director of corporate development, Tobias Meletschus, in his remark after a tour round the factory said the project is a determination towards greater corporate growth as “this is tremendous achievement and our first step into agro-processing.”

 

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Faruk Khalil
Faruk Khalilhttps://nigeriansketch.com/
Khalil Faruk (Deputy Editor-in-Chief), has a Bachelors and Master's degree in Political Science and has worked as a reporter, features editor and Deputy Editor-in-Chief respectively in a leading Nigerian daily. He has undergone trainings in journalism, photo journalism and online journalism within and outside Nigeria.

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