Friday, 3 July 2015

Ortom inaugurates Seraph Oil Mill, urges #Benue farmers to cultivate soya beans

Governor Samuel Ortom of Benue State has inaugurated Seraph Oil Mill, Makurdi and called on farmers in the state to intensify soya beans cultivation to feed the mill and others.

Speaking at the event, he urged investors to take a cue from the initiative in order to boost the economy of the state.

He expressed joy that the factory had been positioned to play a major role in the realization of his administration's dream, saying through processing, the factory could add value to the primary products and boost economic fortunes of farmers and generate massive employment, wealth and opportunities in the state.

The Governor called on farmers in the state to step up the production of soya beans in large quantity to continually supply it to the mill and similar ones.

According to him, the company was one of those that had so far demonstrated faith and willingness that Benue remains the food basket of the nation, promising that his administration would create the enabling environment for the private sector to drive the economy of the state.

He said through the development internally generated revenue would be improved so as to enable the state government constantly pay salaries and meet other obligations of government.

Managing Director of NEXIM Bank, Mr. Roberts Orya, expressed the hope that the inauguration of the factory would inspire additional investments in value- added agro processing to take advantage of the abundant raw materials.

He said this would address the problem of post harvest losses and enhance employment opportunities in line with the vision of the present government.

Mr. Orya commended the management and promoters of  SERAPH Nigeria Limited for their commitment to industrialization and assured of NEXIM Bank's readiness to support initiatives that could facilitate non-oil export diversification towards economic growth of the state.

Earlier, Managing Director of SERAPH Nigeria Limited Air Commodore Titus Agbecha (rtd), disclosed that the factory is into manufacturing of animal feeds and vegetable oil.

He said the factory would need more raw materials, fertilizer and access roads to the factory to enable it perform optimally.

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