With the Central Bank of Nigeria (CBN’s) reluctance to amend its foreign exchange restriction for the importation of certain commodities, value-chain operators in the tomato paste industry ...

Africa’s top tomato paste maker, Chief Eric Umeofia, has set machinery in motion to set up manufacturing concerns in four additional African countries—Kenya, Cameroon, Cote d’Ivoire and Ethiopia.

The Federal Ministry of Science and Technology has commended Erisco Foods Limited’s investment in tomato paste production, noting that this move by the company is also coming on the heels of the present administration’s effort is reduce poverty...

I further advised that there’s need for us to pool resources together and invest in the bigger tomato refinery for the good of our country.