A leading United States agricultural investor, Assess farms international, has concluded plans to establish a cashew and cocoa processing industry in Ilawe-Ekiti, Ekiti South-West local government area of Ekiti state.
The foreign investors who disclosed this during a visit to the Alawe of Ilawe-Ekiti, Oba Ajibade Alabi, in his palace revealed that the company would establish a processing industry that could process Cocoa, Cashew, Kolanut among other agricultural products in the community.
The media adviser to the traditional ruler, Chief Ajibade Olubunmi, in a statement, on Tuesday, added that the firm would also establish large cocoa and cashew plantations in the town to feed their processing plant.
“Meanwhile the result of a laboratory soil test of a large area that would host the industry and the plantations has come out positive,” the statement added.
Read more from the source- TRIBUNE