John Shiaondo, Makurdi
Managing Director Seraph Nigeria Limited Air Commodore Titus Agbecha (rtd) has described over dependence on petroleum as a total misguided concept which could hardly bring desire revolutionary change in Nigeria’s economy.
Air Commodore Agbecha who made this known at the commissioning ceremony of Soya Mills Plant established by Seraph Nigeria Limited noted that he was happy with the new government for its will to diversify economy and bring a change in the agricultural sector. According to the Managing Director, the reason for establishment of the company was to ensure that agricultural produce in Nigeria particularly in Benue were harnessed.
He noted that Seraph Nigeria Limited as a company was prepared to bear any burden to support and ensure success and of agriculture in Benue and the neighbouring states. “Seraph is registered under the allied matter act and is 100 percent owned by Nigerians. It has employed 72 Nigerians and 70 Benue indigenes as indirect staff.”
“The Company manufactures animal feed and vegetable oil. The Feed plant has 25000 metric tonnes capacity of soya mills per year while the vegetable oil section has store capacity of 10, 000 tons of refined oil mills per year” he noted. He commended Nexim Bank and other banks for the success of the company, but noted that though the company wanted to do backwards integration to introduce new products, it was experiencing the challenge of access road to the new site.
Commissioning the Company, Benue State Governor Samuel Ortom, said it was always the commitment of his administration to drive a private based industrialisation, which he said would add value to the people. He reiterated his resolve to create an enabling environment for private investors, and commended Seraph Nigeria for chatting a new course in promotion of economy of the state