Sona Agro
Allied Foods, one of Nigeria’s leading biscuit and snack companies has started
exporting biscuits to other West Africa countries in support of Federal
Government’s efforts at encouraging local production as a strategy for economic
growth.
The first
consignment of export has already departed for Ghana following a brief ribbon
cutting ceremony at the Ijoko-Ota premises of the manufacturing giant. The
exercise was carried out by the Commissioner for Commerce and Industry in Ogun
State Otunba Abimbola Ashiru who commended Sona Agro Allied Foods management
for keying into government’s initiative to drive export and employment.
“This is a
fantastic initiative. And it is what Mr. President has been driving for- a
country that will be an export dependent economy whereby we’ll be less
dependent on foreign goods,” the Commissioner said, while also praising the
company for sourcing 95 percent of their raw material for the products locally.
In recent
times, Sona Agro Allied Foods has seen a boom in its biscuits business due to rising
local demands, leading to aggressive investment in capacity upgrade. The
company says it plans to grow its production by 200 percent in the next 15
months, out of which 30 percent of its production will be committed to supply
the export market.
Speaking at
the ceremony, Sona Groups Chairman, Arjan Mirchandani attributed the growth of
the company to recent policy initiatives by government. “We feel that import
reduction and government policies are helping to grow the industries and so
automatically, employment will grow, and the ordinary Nigeria will be proud
that he is contributing to economic growth.”
Over 900
Nigerians currently work on the biscuit plant and the company is presently
investing in the construction of new infrastructure in other to meet its
production growth target for the local and export markets. Sona Agro Allied
Foods has also developed new product line in the premium category in other to
make quality biscuit more accessible and affordable to the Nigerian market,
amidst rising cost of premium biscuit brands as a result of the financial
crisis.
Sona Agro
Allied Foods is the biscuit, cereal and snack unit of Sona Groups and it is the
producer of many market leading premium biscuit brands like Sona Rich Tea
Biscuit, Sona Malty Biscuit, Sona Ginger Delight Biscuit and many more. The
Company, which was established in June 2011, is committed to using locally
sourced raw material to manufacture high quality biscuit, cereal and snack
products that is globally
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