It is not so well known how growing and processing food in Nigeria is on the up. Everyone thinks of Nigeria in recent decades as dependent only on oil and gas. So it was great to hear of the visit of directors of Olam Nigeria Ltd based in Commonwealth partner country Singapore. Olam was the biggest non-oil exporter from Nigeria in 2007 (over $133m). Its products have traditionally been cocoa, sesame seed and cotton. But there has been more recent news of plans to invest in a sugar refinery and wheat milling. The company's investment so far has shown how they see long term opportunities here. They have helped rural employment and farmers' profits. Positive stuff. Making a difference for small holder farmers. Let's hope for more.
Posted at 13:04 28 October 2009 by Bob Dewar | Comments[0]
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