Categories: AgricultureNews

Boko Haram Conflict Cuts Nigeria Wheat Crop as Farmers Flee

As part of efforts to liberate the country from the present economic hardship, Caps feed Limited, an agro-allied and feed equipment solution provider has announced its new fabricated equipment for the production and processing of agricultural finished products for the Nigerian and West African markets.
The agribusiness company made this known yesterday at its Ibadan office during a press briefing titled, “Impact of Agro-allied and Feed Equipment on Agribusiness for National Development.”
Speaking to journalists, the General Manager of the company, Mrs. Bibiana Odekunle, stated that the company stepped up in making efficient provision for various processing components as part of its quest to contribute to agribusiness and value chain in the country’s agricultural industry, to alleviate poverty and create employment to sustain the economy following the fall in oil price.
She said, “agricultural value chain is the backbone of agribusiness. Although it comprises set of activities, the component activities are so distinct and specialised to the extent that they can stand alone as business units.
“Value addition is simply the process of transforming a particular product from its original state to another of higher economic value and an example is production of oil from vegetable seeds such as soybean, groundnut seeds and melon seeds,” Mrs. Odekunle said.
She noted that Capsfeed is introducing, for the first time to the Nigerian and West African markets, garri processing machines, with other equipment like vegetable oil processing machines, and dust proof fish and poultry feed processing lines.

Source: Nigeria Today

Recent Posts

US Indicts Air Peace CEO, Allen Onyema For Obstruction Of Justice

The Chairman, CEO, and founder of Air Peace, Allen Onyema, has been charged with obstruction…

2 hours ago

Many Feared Dead In Abuja Stampede

At least 10 people have reportedly died, with many more injured in a stampede at…

3 hours ago

PH Refinery Fully Operational – NNPC

The Nigerian National Petroleum Company (NNPC) Limited says the old Port Harcourt refinery has not…

4 hours ago

Again, Scores Feared Dead As Rice Sharing Causes Stampede In Anambra

An unconfirmed number of residents of Okija community in Anambra state have reportedly lost their…

4 hours ago

Ibadan Stampede: Old Students Demand Release Of Detained School Principal

Old students of Islamic High School, Basorun, Ibadan, Oyo State, the venue of the Ibadan…

4 hours ago

Trending Stories In Osun Today

In Osun State today, the pulse of the people is abuzz with various stories that…

4 hours ago

This website uses cookies.