Barely a month after Union Dicon Salt Plc signed a Memorandum of Understanding (MOU) with the government of Ebonyi State for large scale production and processing of cassava, the company has taken a major giant step by becoming the core investor in the $100 million Alape Staple Crop Processing Zone (SCPZ) in Kogi State.
Union Dicon Salt replaces Cargill, a United States based agro-industrial giant. Already the chief executives of Union Dicon Salt have held a meeting with the Minister of Agriculture and Rural Development, Chief Audu Ogbeh in Abuja.
According to statement from Union Dicon Salt, the Federal Ministry of Agriculture and Rural Development had approved the take-over.
Speaking after a meeting with Union Dicon Salt officials, Ogbeh said: “I am glad to see that a Nigerian company is taking over this very important project, and is championing the indigenous development of agribusiness. We are not going to engage in policy somersault. We are carrying on with the great idea of SCPZ and we are adding even greater ideas. We are carrying on as we now produce what we call the green alternative: that alternative being agriculture, since oil and gas are unstable sources of income.”