NOSAK Group set to invest in Edo State: invites officials for a familiarisation tour of its facilities
In line with our commitment to creating ample opportunities for the youths in Nigeria, NOSAK Group hosted officials from the Edo State Government. This visit is part of a move to invest in the state and show our commitment to work. A core part of our work culture is the open door policy where we encourage a liberal process; spotlighting the attention we pay to our services while encouraging efficiency in the amazing people that make things work in the NOSAK Group.
As a business venture with diversified interests in the Nigerian economy, it was our pleasure to show the officials how we make things happen. At our facilities in the Apapa and Amuwo Odofin Local Government, our team of professionals engaged the officials and introduced them to the processes involved in creating the quality products we are known for. These facilities include Nosak Farm Produce Limited, Nosak Distillers Limited and Grand Petroleum Limited.
NOSAK Group has over the years been involved in retail, manufacturing, logistics, finance, agriculture, haulage, real estate and petroleum. This visit comes on the heels of our interests in the agriculture sector and our request for a partnership with the Edo State Government; to invest in the bountiful region.
During the tour, the Chairman of NOSAK Group, Mr Toni Ogunbor emphasised on the opportunities that exist in Edo State and gave insights on how NOSAK Group is positioned to harness it. According to him, “Nosak Group has negotiated with three communities for land leases and crop compensation at mutually agreed terms.” They are Obagie Community – 10,000 hectares, Igieduma Community – 7,000 hectares and Evbueghae in Orhionmwon Local Government – 5,000 hectares. He mentioned that this leases will run for 60 years and will enable the group grow 3 of its subsidiaries: Nosak Farm Produce Limited – Palm Oil Plantation, Milling and Refining, Saturn Farms Limited – Palm Oil Plantation and Milling and Premier Plantations Limited/Nosak Distillers Limited – Cassava Plantation and Conversion to ethanol.
With this investment, it is certain to increase agricultural output in the state, attract development, create room for other investors and also reduce unemployment in the state. Mr Ogunbor also mentioned steps the group had taken before this visit. In his words, “We went on an official tour of China, Thailand and Vietnam to learn standard procedures in converting cassava to ethanol.”
While thanking the Chairman for inviting the officials, Mr Osarodion Ogie Esq, The Secretary to the Edo State Government, reiterated the support of the people of Edo State in making these plans come to fruition. “The Edo state Government will do its best to support NOSAK Group in acquiring more lands in Edo State for the ultimate benefit of Edo people,” he said.
At NOSAK Group, we are excited at the great things that will happen in Edo State and we look forward to a most impactful partnership with the Edo State Government.
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