Business

GB Foods Targets Reducing Import With 620MT/Day Tomato Processing Plant

GB Foods, in its significant expansion of its investment in Nigeria, has unveiled a 620 metric tonnes per day tomato processing plant in  Kebbi State to cut tomato importation into the country.

The farm and factory, spanning 1500 hectares of land, boasts a 620 metric tonnes per day processing plant and generates 2000 jobs, which GB Foods plans to double in the next expansion phase. When completed, the farm and processing facility will be Africa’s biggest integrated tomato project.

The event witnessed a convergence of key dignitaries, including the President Bola Tinubu, represented by the minister of Agriculture and Food Security, Senator Abubakar Kyari.

Kyari lauded GB Foods’ investment, affirming the confidence of foreign investors in Nigeria’s policy environment.

Kebbi State governor, Dr. Nasir Idris commended the company for its boldness in tackling challenges head-on, noting that while the project began under the leadership of former Governor Atiku Bagudu, it has been completed during his tenure.

He expressed gratitude to the company for engaging 3,335 local out-growers for tomato production in the state and pledged full government support to ensure the plant operates at maximum capacity.

Idris emphasised the significance of the factory as the largest tomato processing facility and promised to provide the necessary assistance and protection for its success.

CEO of GB Foods Nigeria, Vincent Egbe added that, “during the 2022 to 2023 season, GB Foods’ farm and factory in Kebbi played a pivotal role in generating 75 per cent of the total tomato concentrate produced in Nigeria.

“Despite this significant contribution, the demand still exceeds the supply, highlighting the need for further expansion and advancement in the sector. In December 2023, the company further solidified its position by expanding its Lagos tomato sachet factory to an unprecedented 100,000 metric tons, securing its position as the largest of its kind globally.”

Egbe reiterated that GB Foods is expanding its investment despite the macroeconomic challenges so Nigeria can become self-sufficient in tomato production and an export hub.

As the company continues to expand its business, it assured Nigerians of its mission to continually strengthen Nigeria’s image, drive economic growth, create sustainable opportunities, and pave the way for a more food-secure future.

GB Foods is a leading culinary company with a presence in more than 50 countries, mainly in Europe and Africa. These include Spain, Italy, Germany, France, Belgium, the Netherlands, Sweden, Finland, Nigeria, Ghana, Algeria, and Senegal.

 

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