The Lagos State government has said it will establish a coconut processing factory in Badagry to further optimise the use of coconut and harness its economic potential.
The state Acting Commissioner for Agriculture, Ms Abisola Olusanya, stated this at the Year 2020 Coconut Day Celebration at Lagos Farm Centre, Agege, organised by the Lagos State Coconut Development Authority.
In a statement, she said the factory would be solely dedicated for the processing of coconut husk to coir, and coco peat among others under a Public-Private-Partnership arrangement in the state 2021 Annual Work Plan and Budget.
She noted that these initiatives further reinforced the state’s position as the number one coconut producer in Nigeria, in addition to providing employment opportunities for the citizens.
She said the processing factory would also catalyse the entire industry, such that more people would come within the sub-sector and create more business opportunities in the value chain, adding that contributes over 70 per cent of total production.
“I believe Nigeria produces over 350,000 tonnes of coconut annually, but it is far behind what the likes of Philippines, Malaysia, and other Asian countries are producing on an annual basis.
“It is believed that with all these efforts, Lagos state will continue to be number one coconut producer in Nigeria. This will, to a great extent, provide jobs and employment for teeming citizens.
“The support will also lead to various job creation in other areas aside the above mentioned and contribute to export and foreign exchange earnings for Nigeria,” she said.