Good news for the people of Cross River State as HRH Ntoe (Dr) Ededem Ayito III, the traditional ruler of Kasuk II Qua Clan in Calabar Municipal Local Government Area has collaborated with the National Board for Technology Incubation (NBTI) to unveil a palm oil processing factory.
The factory which is located in Kasuk II Qua Clan, Calabar, CONVERSEER learned will be producing 10 tonnes of premium brand of Palm oil known as “Kasuk Palm oil.
Dr (Mrs) Agatha Efa, Centre Manager for Technology Incubation Calabar, TIC, while speaking at the unveiling on Saturday (May 20) said, the factory, an initiative of Edimentos Limited, can produce 3,000 bottles of 1-litre of Palm Oil in 72 hours.
“Projects like this are the reasons why the Technology Incubation Center (TIC) was established in 1999.
“The goal is to boost the economy, provide employment, and breach the gap between the very rich and the poor – it is a plus to Nigeria.
“We have never had something like this from a Native of Cross River State. The capacity of the factory is capable of producing 3,000 bottles of Palm Oil within three days”, Efa said.
The brain behind the mega project, HRH Ayito III, who is the CEO of Edimentos Limited said, though the equipment are not at maximum capacity but the factory can produce 10 tonnes per day.
The Agropreneur said funding from partners can boost production upwards. “We have a lot of Oil Palm in Cross River State but there is no value addition. When the TIC was created, I took advantage of it to add value to Oil Palm for export purposes.
“The equipment can produce up to 10 tonnes per day but to get our raw materials basically from 150 hectares of land currently, we intend to acquire more avenues for raw materials and we are calling financial institutions to come to our aid”, he said.
The unveiling was attended by traditional leaders in the state who expressed happiness in the project, imploring that such projects should be increased across the state to help curtail youth restiveness and unemployment.
CONVERSEER gathered that Cross River is the second largest palm oil-producing state in Nigeria aside from Edo.
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