The Group Managing Director of Benue Investment and Property Company Limited (BIPC), Dr Raymond Asemakaha, has said that establishing the Benue juice factory would reduce post-harvest losses of citrus in the state.
He said it would also create a stable market for farmers, cut post-harvest loss to 80 per cent, and boost the state economy.
Asemakaha said this while welcoming its partner members of Sono Group to Benue to kick start the Benue Juice factory slated to be launched on Oct. 1.
He said the partnership would enhance the overall efficiency of the state agricultural operations and hold cash within the system.
”With the investors coming in, there would be job opportunities for youths in the state, increase farmers’ income and livelihood and contribute to the growth of the state’s GDP.
“We bring people with pedigree as partners in the state and a company like Sono Group, with a balance sheet profit of over 60.6 million Euros, and a Tier One company in the world, which is what Benue needs to hit the mark.
”This partnership demonstrates the potential for collaboration and innovation in the state’s agricultural sector, and we urge farmers and the Orange Farmers Association to work together and ensure the success of this initiative,” he said.
Asemakaha said that by the end of October, no orange will leave the state as the factory takes off 100 per cent, and the Sono group will stay in the state for the next 15 years.
The chairman of the Sono Group, Luiz Arena, said the group is happy to be in partnership with BIPC and would ensure that they produce quality juice products for the state.
Arena said a company cannot produce good products if there are no quality raw materials, adding that the right materials are available with Benue. The machines for production have been set up.
He said the Sono group had its first company in Ghana, was working with big juice companies, and was bringing out the best in quality and products.
Also speaking, the director general, Benue Chamber of Commerce, Industry, Mines and Agriculture, Tortse Yina, said young people, especially in the North Central, have been left behind in Machine production.
He added that with the juice factory, more people would want to engage in farming oranges.
Yina said that the coming of investors to the state would expand the capacity of orange production and stop the importation of concentrates to Nigeria. (NAN)
