Daily Trust (Abuja)

Nigeria: Company Targets 1,500 Tons of Gum Arabic for Export - MD

7 November 2008


The Tree Crops Development and Marketing Company (TRECODEM), said yesterday that it has plan to export more than 1,500 tonnes of gum Arabic to India, Japan and China in December.

Dr. Adepoju Adeleke, the Managing Director of TRECODEM,who announced this while speaking with the News Agency of Nigeria (NAN) in Abuja , said the company would also export consignments of cashew nuts to various destinations in February 2009.

TRECODEM is one of the three companies established in 2002 by the Federal Government with the mandate to ensure increased production and value addition of their mandate crops and enhance income generation of both the farmers and the nation.

The other two companies are Arable Crops Development and Marketing Company and Livestock and Fishery Development and Marketing Company.

Adeleke said the company would expand the marketing of High Land Tea produced in the Mambilla Plateau and Taraba, to Lagos and South East States , while diversifying its activities through the purchase and sale of maize.

"As part of efforts to enhance agricultural produce in the country, the company will buy maize next month and sell it when the price must have appreciated. We have made arrangements to get the market in some states in the North East where the crops are cheap," he said.

As part of activities to provide information to farmers, Adeleke said the company would orgainse a workshop for kolanut sellers in Ekiti State on the preservation of the crop.

"The request has been made by Ekiti State government and we are going to organise the training in collaboration with the National Stored Products Research Institute (NSPRI), Ilorin," he said. (NAN)

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