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How Insecurity Affects Business in Nigeria: GB Food's 20 Billion Naira Investment In Kebbi As A Case Study thenews-chronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews-chronicle.com Daily Mail and Mail on Sunday newspapers.
NIGERIA – Spanish culinary products manufacturer GBfoods, having operations in Nigeria has inaugurated a N20 billion (US$51.9m) Tomato processing factory in Kebbi state, aimed to help the country achieve self-sufficiency in production of tomatoes and its related products. Through its wide product range which include taste enhances, ready meals, soups, infusions, among other, GBfoods has earned itself a wide market share in Nigeria thanks to some of its notable brands like Gino tomato mix, Bama mayonnaise and Jango dairy products. The N20 billion (US$51.9m) factory was established in partnership with the Central Bank of Nigeria (CBN), Kebbi State Government and the Emirate of Yauri. ....