Edo State Deputy Governor, Hon Philip
Shaibu has commended the efforts of Mmobuosi Holdings, founded by Dozy
Mmobuosi, on the ongoing construction of a multi-billion-naira foods processing
plant in Onicha-Ugbo, Delta state.
Shaibu
made this known during the inspection tour of the plant site, which he
conducted along with other prominent people across the country, on Thursday,
February 15.
He stated
that Nigeria needed to become a productive economy, saying the only way the
country could deal with the rising cost of forex is for the country to become
an exporter of finished products, not just an importer of goods and services.
“We
have to deal with the issue of insecurity and must guarantee food security for
our people. Because a hungry man is an angry man. We must consciously put all
our resources, time, and energy into production and getting enough food for our
people,” he said.
He
noted that the first step to building a sustained supply network for locally
processed food is to support Nigerian farmers and make farming more attractive
as a career.
He
said, “Farming is unattractive in terms of the way people perceive farming in
Nigeria, especially the small-scale farmers. We see farmers as hungry and poor,
rather than where farmers are the richest guys. Go to Texas, farmers are the
richest. Now we have to create the setting to attract the younger ones to farm,
cluster these farms, deal with the issue of insecurity in Nigeria, and also get
processing companies to follow.”
Shaibu
further voiced his support for the proposed construction of a new processing
food plant, touting its potential to significantly benefit the state.
“This
is a welcome development and a good thing for Delta State and I also want the
Delta state government to support it in terms of infrastructure. I am so happy
and excited to be part of this project and I want others to partner and join in
this to fund it sufficiently in terms of infrastructure and human capital”
Shaibu advised.
Leading
the team on the tour of the site, Mr Mmobuosi, founder and former CEO of Tingo
Group, announced that the plant being constructed has been leased to Tingo
Foods, through its parent company, Tingo Group, for a period of 20 years. He added that that, when completed, the
factory would produce several consumer food products, including rice, cashew
milk, chocolate, vegetable oil, beer, noodles, biscuits, juices, tea, and
tomato paste, among others. It would also have a capacity for 300,ooo tonnes of
grains reserves and storage.
Also
speaking at the event, President, All Farmers Association of Nigeria (AFAN), Dr
Farouk Mudi, expressed gratitude to Mr Mmobuoisi for his longstanding support
of Nigerian farmers, particularly in 2023 when Tingo, under Mmobuosi stepped in
to fund the planting season when the Central Bank of Nigeria did not. He noted
that the food processing facility is a project of great significance to
Nigerian farmers.
"What
Dozy is building here has long been a dream for the Ministry of Agriculture. Dozy
is here today doing it in his home state, and we are indeed proud of it,"
Mudi said.
In
his remarks at the conclusion of the tour, Mmobuosi said the project would help
to actualize the vision of the Nigerian government towards food security and
diversification of the economy. "This Tingo Foods Processing Plant is not
just a facility; it represents a catalyst for economic empowerment and
community development," he said.
Groundbreaking
at the site commenced in February 2023, with initial work starting in July
2023.
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