The President and Chief Executive of Erisco, Chief Eric Umeofia |
Erisco Foods Limited has
called on the Federal Government to ban importation of tomato paste into
the country to encourage further investments in agricultural industry.
He said Erisco Foods revolution in tomato paste will stop the 75per cent annual wastes in fresh tomatoes across the country.
He stated that if not for dumping of substandard tomato paste in Nigeria, Erisco. would have employed over 9000 Nigerians.
Umeofia stressed the need for the Central
Bank of Nigeria (CBN) to task commercial banking sector to support the
practical diversification of the economy now with very low interest
rates and favorable conditions.
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