(Bloomberg) -- Cocoa Products Ltd., Nigeria's
biggest processor of the beans, plans to double capacity to
60,000 tons this year to benefit from the government's strategy
of encouraging local grinding, said spokesman Samuel Dada.
The company, jointly owned by the government of the south-
western state of Ondo, where it is based, and Lagos-based Skye
Bank Plc, plans to increase output from 30,000 tons a year
currently by adding a new production line, Dada said in an
interview July 12 in Akure, the state capital.
Read more at Bloomberg Commodities News
biggest processor of the beans, plans to double capacity to
60,000 tons this year to benefit from the government's strategy
of encouraging local grinding, said spokesman Samuel Dada.
The company, jointly owned by the government of the south-
western state of Ondo, where it is based, and Lagos-based Skye
Bank Plc, plans to increase output from 30,000 tons a year
currently by adding a new production line, Dada said in an
interview July 12 in Akure, the state capital.
Read more at Bloomberg Commodities News
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