Thank goodness for oil shortage, now our governors are thinking straight.

[size=18pt]Nigerian State Partners Chinese Firm On Cocoa Production[/size]

The southwest Nigeria's state of Osun on Thursday said it has partner a Chinese firm to transform the state into hub of cocoa production.

State governor Rauf Aregbesola made the remarks in Ede town during a facility tour of the resuscitated Cocoa Production Industry in partnership with Chinese Company, Golden Monkey of China.

He said the state would soon become the hub of cocoa production in Nigeria with the revival of the moribund Osun Cocoa Production Industry.

The partnership between Osun Government and the Chinese Company to revive the cocoa production after 15 years is based on 70 and 30 percent equity respectively.

Aregbesola said the present production capacity of 20,000 metric tonnes per day was a good development when compared to its 5,000 metric tonnes capacity per day in 2001, after which it was abandoned.

The governor said the cocoa industry would go a long way to support the state's agricultural plan to develop cocoa farming in the state.

He commended the partnering company for its commitment to the contractual agreement by hitting the ground running.

Earlier in her remarks, Song Lin, the Assistant General Manager of Skyrun Cocoa Production Industry, said the management had increased the production capacity of the industry four times.

She said the company was presently producing cocoa liquid and soon, the organization would be producing cocoa powder and cake.

http://www.china.org.cn/world/Off_the_Wire/2016-04/15/content_38254449.htm

lalalasticala

Hmmmm
Una sure
Becos na Newspapers we dey see economy growth
If na lie ask Nigerians

aregbe!!

FanYogo1:
Thank goodness for oil shortage, now our governors are thinking straight.





http://www.china.org.cn/world/Off_the_Wire/2016-04/15/content_38254449.htm

that's a good development i will always say it here aregbesola rocks everywhere aregbe av build confidence in people's lives.

Back to basics. This fall in oil price will force States to use their resources. Nigeria is too blessed to be a mono-economy.

I had plans to start this on my dad's vast areas of land.

we should go back to agriculture in this country unemployment rate is at high rate chaii 750k + applying for 10k fg police job. so saddened to hear about this development.

Amberon11:
I had plans to start this on my dad's vast areas of land.

good please start on time soon cocoa sellers will be smiling to their various banks.start early and face the risk that involve

agriculture is the way forward in this country.

seunny4lif:
Hmmmm
Una sure
Becos na Newspapers we dey see economy growth
If na lie ask Nigerians

Nothing will happen until people like you and I start supporting. We can't expect the government to own farms, but people like you and I can take advantage of this good news.

that's good, but I don't celebrate ceremonies anymore but results, on a .more serious note with all the good power supply in Osun state, why isn't it a manufacturing hub?

ok

Ok Oh baba
Start I go join you later

FanYogo1:


Nothing will happen until people like you and I start supporting. We can't expect the government to own farms, but people like you and I can take advantage of this good news.

seunny4lif:

Ok Oh baba
Start I go join you later

Sure thing. Buying land and farming on it is nothing demeaning. Agriculture is the new oil.

No problem
Our oil don finish

FanYogo1:


Sure thing. Buying land and farming on it is nothing demeaning. Agriculture is the new oil.

Thanks, I will definitely do so. My brother already told my dad about our plan but he's yet to give us the go ahead. That's about 33 plots by the way.

Johnnyessence:
good please start on time soon cocoa sellers will be smiling to their various banks.start early and face the risk that involve

Aregbe want to sell Osun to the Chinese since Nigerians don't want to pay good price on OLX