|Chief Eric Umeofia, President Chief Executive Officer of Erisco Foods ltd|
Goods worth about N450m were destroyed in a fire that gutted Erisco Foods Ltd warehouse in Lagos, the company’s General Manager, Mr. Tokunbo Agbede, said on Tuesday.
Tokunbo made the disclosure at a news conference on in Lagos.
Agbede said that the cause of the fire which happened about 6 a.m. on Monday at the Eleganza Warehouse of the company had yet to be ascertained.
He said that investigation into the incident was ongoing by the Nigerian Police and the Lagos State Fire Service.
He said, “The fire is a colossal loss to the company at a time when we are trying to wind down production in Nigeria.
“The destruction of our raw materials will not have been much if government agencies had supported us with foreign exchange and favourable business environment.
“As it, most of the raw materials were destroyed because they were lying in the warehouse unused with other tomato paste that have yet to be sold.”
He urged regulatory agencies to support local manufacturers in a bid to stimulate the economic growth desired by government.
-NAN PLACE YOUR TEXT ADVERT BELOW:>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> How I Made Me =N=2.5 MILLION In 7 Days from 2 Common Product I Imported and how you can do the same. Click HERE FOR FREE Details right now Warning To Men: This 3 Foods Is Killing Your Erection. Click Here To Know Them Secret Fruits that increased my Manhood and makes me last 55 minutes+ all time - Click here to get it Warning: Got Arthritis? 3 Simple Ways To Get Cured And Be Permanently Free From Joint Pains. Click Here To See Them REVEALED!! Reduce Your Blood Sugar Level And Reverse Diabetics Within A Short Period Of Time. Click Here To See How MIDNIGHT,Pressed Mr Kilanko Suddenly Couldn't Urinate. Shrink your Enlarged Prostrate Here! Click Here Now