By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay NewsOkay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: FG moves to stop tomato paste importation before 2019 ending
Font ResizerAa
Font ResizerAa
Okay NewsOkay News
Search
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
2026 © Okay International Limited - All rights reserved
BusinessNews

FG moves to stop tomato paste importation before 2019 ending

By
Damilola A.
ByDamilola A.
Entertainment News Reporter
Damilola is a dedicated entertainment writer for Okay News. He joined the platform with the aim of using his experience in the Entertainment industry to share...
Follow:
February 6, 2019 - 6:57 am
Share
Okay News
Okay News
SHARE

The federal government of Nigeria has disclosed its plan to stop tomato paste importation before the year runs out.

This was disclosed by Audu Ogbeh, minister of agriculture and natural resources, during a tour of the DANGOTE Tomato Processing Plant in Kadawa, Kano state.

According to the minister, the federal government of Nigeria has set aside N250 billion through the Central Bank of Nigeria and Bank Agriculture to disburse as soft loans to tomato farmers as part of the Anchor Borrower scheme.

He said, “The farmers will supply to the processor and eventually join tomato breeders in the world. In a short while, Nigeria will simply stop importation and dependence on other sources for tomato supply.”

- Advertisement -

Okay Nigeria recalls that Dangote launched the company in March 2016 to reduce importation of tomato paste to the country.

However, the company suspended its operations in 2016, after an invasion by Tuta Absoluta, a leaf-mining moth, which destroyed tomato farms.

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:FGNigeriaTomato Paste
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article Okay News Seven internet fraudsters in Ibadan arrested, items recovered [In Photos]
Next Article Okay News Nigerians have seen APC does not have capacity to govern, says Peter Obi
FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -
- Advertisement -
Ad imageAd image
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook