Lagos – A food processing company, Erisco Foods Ltd., on Wednesday lauded the efforts of President Muhammadu Buhari-led administration in diversifying the nation’s economy.
Chief Eric Umeofia, the company’s Chief Executive Officer, gave the commendation in a statement in Lagos.
Umeofia said that in line with the Federal Government’s focus in diversifying the economy, his company was working toward achieving sufficiency in tomato production by expanding its production line.
“The efforts of the company is geared toward diversification of the nation’s economy, save the scarce foreign exchange, earn foreign exchange and above all create jobs for our teeming youths.
“Our strategy in formally commissioning the farm and tomato processing factory in Katsina State is to reinforce our policy of backward integration in ensuring that we attain self sufficiency in tomato production,” he said.
Umeofia said the company was the only tomato processing company that currently produces paste from fresh and dried tomatoes.
According to him, with the right support and encouragement from the government, the effects of the project will be felt within the next few months. (NAN)