Two women, Aisha Aliyu Jika and Hafsatu Babangida Rabiu, have signed a memorandum of understanding (MoU) with a Turkish investment company, Eretna, to commence the production of pepper paste for both local and export purposes.
The duo, in an exclusive interview with LEADERSHIP, recently, said that the total investment would amount to between €2 million – €2.5 million.
According to Jika, “The pepper is going to be locally produced for local consumption, but if there is enough for export we will do so and that is why we want to get it right from the beginning by getting our plans right and getting top quality machineries from renowned manufacturers so that it can be up to international standards.
“We will source for raw materials from surrounding farms in Kaduna, Zaria, Jibiya, Malumfashi, etc, so we intend to tap into those cheap resources around us.”
Speaking on the employment to be generated from the investment, Jika said, “We are looking at a capacity of 1,000kg per hour and 30 people working in shifts. We can go up, depending on how fast or slow we go as well as the addition from the value chains such as the farmers, farm helps, among others. So in the long run, directly and indirectly, it is going to make an impact.”
Speaking on government diversification efforts, she said, “I foresee growth with all hands all on deck; we cannot all sit and keep saying that things are not what they are supposed to be. I think it’s a step in the right direction, so my partner and I are ready to take those risks to fall down and keep standing.”
Also speaking, the business development specialist, Tayfun Akman, said that their interest in Nigeria is because it is a fast growing economy and the biggest country in West Africa to improve growth in energy, construction and improved agriculture storages.He noted that aside the MoU, the company was interested in developing modern food processing plants, development of green houses as well as the development of solar plants to help curb the power challenges in the country.
According to him, “There are lots of development in the agriculture sector, but we are looking at keying into storages and energy; we are going to also go into solar energy and the construction of a shopping mall which will produce its own energy with just 25-30% of electricity.”