Tomato Factory Set Up To Benefit Local Farmers – Dangote

Sani-DangoteDangote Group says hundreds of tomato farmers can become millionaires within the first two operational years of its new tomato factory.

The Vice President of Dangote Group, Mr Sani Dangote, attributed this to the effect of the new Tomato Backward Integration Policy of the Nigerian Government.

He told Channels Television that the factory was set up to help farmers, while he decried the unhealthy state of tomatoes in the market.

“If you see how tomatoes are been put to dry on the roadside under the Sun, purely the common sense is for us to set up that industry,” Mr Dangote said.

He, however, expressed optimism that local farmers who had been short-changed under the country’s massive tomato imports would benefit from the factory.

“First, the population is increasing in the whole country; there’s lack of job, lack of financial capacity everyday.

“These farmers are working hard but all they need is for someone to obtain their produce and pay them a decent price, so that they can live better and have better income; and all these insecurity problems – lack of job and idleness – will be eliminated,” the Vice President of Dangote Group noted.

Dangote: Refinery Is Good, But Agro-allied Is Game-changer

Dangote: Refinery Is Good, But Agro-allied Is Game-ChangerPresident of the Dangote Group, Mr Aliko Dangote, says his group of companies’ expansion into agro-allied local production of tomato, rice and sugar is the game-changer.

He also noted that the expansion is in line with the Federal Government’s focus on agriculture.

The Africa’s richest man said this on Monday while addressing journalists at the Nigerian Stock Exchange in Lagos State, south-west Nigeria.

He also closed the first trading day of the week, in company of top stock exchange executives, as well as Mr Femi Otedola and the NSE President, Mr Aigboje Aig-Imokhuede.

Mr Dangote, who celebrated his 60th birthday with the closing gong, gave an update on his ongoing 750,000 barrels per day refinery in Lagos.