NOSAK GROUP MEETS WITH FIRST CITY MONUMENT BANK LIMITED TO DISCUSS OPPORTUNITIES IN THE NIGERIAN AGRICULTURAL SECTOR
In a bid to strengthen the Nigerian economy and explore export opportunities, the Executive Management at Nosak Group met with Mr. Adamu Nuru, the Executive Director, Business Development and Mrs. Folake Fajemisin, Divisional Head, Corporate and Commercial Banking of First City Monument Bank Limited to discuss opportunities in the Nigerian Agricultural sector.
Dr. Toni Ogunbor recognised the newest venture of the Group; Nosak Farm Produce Limited as a premiere manufacturing company providing over 300 direct and indirect jobs and ranking as one of the top vegetable oil refiners in the country. With a current capacity of 200 tonnes per day and a farm size of approximately 800 hectares, the company is set to acquire an additional 20,000 hectares in Edo State for backward integration and further increase it’s refining capacity in 2016. This will create additional jobs and export opportunities for the country, which the Federal Government has encouraged of recent times.