Home Contact Us Tip Us: [email protected]
Hot Stories
Recent Stories
Gov. Aregbesola Finally Develops the Cocoa Factory in Osun after 15-Years of Redundancy (Photos)
Posted by George on Mon 09th May, 2016 - tori.ngPictures of the new Cocoa factory of Governor Rauf Aregbesola has emerged showing his true dedication towards diversification of the economy of the state in its current trying times.
Gov. Rauf Aregbesola and his entourage visiting the cocoa factory
Governor Rauf Aregbesola of Osun State seems to be on his way to fulfilling his promise of putting his state at the top of cocoa production in the country especially in a period where the prices of oil at the international market have become unpredictable.
This he promised on April, 15, 2016 by the revival of the moribund Osun Cocoa Production Industry in the south-west state. The governor made the remarks in Ede during a facility tour of the resuscitated Cocoa Production Industry in partnership with Chinese Company, Golden Monkey of China.
The partnership between Osun Government and the Chinese Company to revive the cocoa production after 15 years is based on 70 and 30 percent equity respectively.
Mr. Aregbesola said the present production capacity of 20,000 metric tonnes per day was a good development when compared to its 5,000 metric tonnes capacity per day in 2001, after which it was abandoned.
“With this production level, the name of our state will be on the map of the world as a centre of excellence in the processing of cocoa and other products.
The governor said the Cocoa Industry would go a long way to support the state’s agricultural plan to develop cocoa farming in the state.
He commended the partnering company for its commitment to the contractual agreement by hitting the ground running.
Earlier in her remarks, Song Lin, the Assistant General Manager of Skyrun Cocoa Production Industry, said the management had increased the production capacity of the industry four times.
The partnership between Osun Government and the Chinese Company to revive the cocoa production after 15 years is based on 70 and 30 percent equity respectively.
Mr. Aregbesola said the present production capacity of 20,000 metric tonnes per day was a good development when compared to its 5,000 metric tonnes capacity per day in 2001, after which it was abandoned.
“With this production level, the name of our state will be on the map of the world as a centre of excellence in the processing of cocoa and other products.
The governor said the Cocoa Industry would go a long way to support the state’s agricultural plan to develop cocoa farming in the state.
He commended the partnering company for its commitment to the contractual agreement by hitting the ground running.
Earlier in her remarks, Song Lin, the Assistant General Manager of Skyrun Cocoa Production Industry, said the management had increased the production capacity of the industry four times.
Fastforward to the 9th of May, 2016, the factory has been impressively equipped with the necessary tools for optimum functioning as seen in the pictures below:
Top Stories
Stories from this Category
Recent Stories
