To this effect, 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.
The minister, who spoke after a meeting with Union Dicon Salt officials, 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.”
Chuka Mordi and Bex Nwawudu of Union Dicon Salt Plc, who met with the minister, thanked him for his support in taking over the Alape project valued at $100 million. With this, Union Dicon will be cultivating Cassava on 30,000 hectares of land in Alape, Kogi State.
Union Dicon Salt Plc operates in the Nigerian Consumer Goods, and Agro Industrial Sector, and is building the largest industrial starch processing facility in Nigeria.
