28
Oct

Nosak Distilleries Raise The Bar with Ethanol Export to Ghana

Nosak Distilleries Limited (NDL), a member of Nosak Group, and market leader in the refining and distribution of food grade ethanol has continued to demonstrate her leadership in the sector has re-launched the export of high quality Extra Neutral Alcohol (ENA) to other west African countries, commencing with Ghana. This is in a bid to expand its market base and in line with Federal Government drive for diversification and export of non-oil products.

Speaking on the export trade, the Managing Director, Nosak Distilleries Limited, Mr. Osaro Omogiade disclosed this while welcoming the officials of the Federal Ministry of Industry, Trade and Investment who were on facility tour to the factory in Amuwo Odofin, Lagos.

In his remarks, Omogiade informed the Ministry officials that NDL is undoubtedly the biggest wholly indigenous ethanol plant in Sub-Saharan Africa with a daily production capacity of over 500,000 litres. Established in 2001, NDL is today engaged in backward integration with the acquisition and planned cultivation of over 10,000 hectares of farmlands to cultivate and process cassava to ethanol and also promote the entire value chain of the derivatives from cassava. He sought the Ministry’s intervention and support specifically in the area of any foreign exchange restriction plan by Government on crude ethanol, a key raw material for production as it could lead to loss of several jobs.

The team from the federal ministry toured the factory and visited all operational units to access the levels of compliance to set standards also expressed their satisfaction at the huge investment and high standards observed, comparable to most world class manufacturing facilities.

Responding, the Team Leader, Dr. Francis O. Alaneme said the fact-finding visit has revealed a lot of positives about Nosak Group and noted the concerns of the Group regarding certain Government policies which the Ministry will deliberate on. He, however, urge the management of Nosak Group to continue the good works and to respond formally in writing to the Ministry’s master plan especially on the ethanol sector.

On his part, Mr. Thomas Oloriegbe, Group Chief Operating Officer, Nosak Group, thanked the inspection team for finding time to visit the factory in Lagos. He noted that the Group’s position on the sector will be communicated to the Ministry soon.

Photo 1: (L-R) Industrial Officer; Chiadikaobi Lillian Abor; Director, Dr. Francis O. Alaneme, and Mamuzo Blessing Awerikihi, Industrial Officer, all of Federal Ministry of Industry, Trade and Investment during the facility tour to Nosak Distilleries in Amuwo Industrial Area, Lagos.

Photo 7 : (L-R) Industrial Officer, Federal Ministry of Industry, Trade and Investment; Chiadikaobi Lillian Abor; Group Chief Operating Officer, Nosak Group, Thomas Oloriegbe; Director, Federal Ministry of Industry, Trade and Investment, Dr. Francis O. Alaneme; Industrial Officer, Federal Ministry of Industry, Trade and Investment, Mamuzo Blessing Awerikihi; Manager Director, Nosak Distilleries Limited, Osaro Omogiade; Group Executive Director, Corporate Services, Osagie Ogunbor and Group Head of Strategy, Deji Rahman during the facility tour to Nosak Distilleries in Amuwo Industrial Area, Lagos.