From Bamigbola Gbolagunte, Akure
An agribusiness company based in Akure, Ondo State, Johnvents Group, has reaffirmed its commitment to building a sustainable and globally competitive agricultural value chain.
The Group Managing Director, John Alamu, who spoke at the maiden investors forum organised by the company and attended by stakeholders in the capital market, agribusiness and financial institutions said the future of agribusiness in Nigeria is bright and enjoined the government to support the sector for the economic boom of the country.
Alamu stated that the company has made global impacts in the agribusiness sector, as its products are now being exported to different countries of the world.
“Since acquiring our first factory in 2021 and transforming into a transnational business group with presence in Africa, Asia, and the United Arab Emirates, we have remained dedicated to creating value at the source.”
Also, he revealed how the company developed from a modest grassroots initiative in 2014, aimed at empowering small scale farmers to one of Nigeria’s integrated agribusiness companies.
He further disclosed that Johnvents currently has four factories across four states in Nigeria and a growing international footprint.
According to him, the company currently exports premium cocoa derivatives to Europe, the United Kingdom, United States of America and Asia among others with an installed cocoa processing capacity of 48,000 metric tonnes annually.
Group Executive Director of Capital Sage Holdings, the parent company of Johnvents Group, Dr. Yemisi Shittu, spoke extensively on the company’s long-term investment in value creation, innovation, and sustainability. “Through our sustainability initiatives, Rainforest Alliance certification, and collaboration with industry partners, we are ensuring that the cocoa we process uplifts the land, farmers and the global markets we serve.”
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