Categories: Latest News

Premium Cocoa Products Ltd transitions to gas-powered, ESG-focused operations

A leading manufacturer of cocoa beans in Nigeria, Premium Cocoa Products Limited, has disclosed a major step towards becoming a full gas-powered operation emphasising environmental, social, and governance (ESG) principles.

The Managing Director of the Cocoa Company, Sunday Bamikole, who made this known, said the development is a strategic shift that signifies Premium Cocoa Products Ile-Oluji’s dedication to minimising its environmental impact.

Bamikole said the 30,000 metric tonnes per year cocoa processing factory said the company’s gas offers a cleaner burning alternative to traditional fuels, resulting in reduced emissions and a smaller carbon footprint.

According to him, the adoption of gas-powered operations by Premium Cocoa Products Ile-Oluji is to contribute to a more sustainable social and economic landscape of the country.

He said, “We are currently undergoing a significant transition. The transition to gas-powered operations at Premium Cocoa Products Ile-oluji offers a two-fold benefit.

“Not only will it enhance the efficiency of our operations, but it will also demonstrably increase our carbon credit.

“We believe this move will benefit the environment, our community, and the future of the cocoa industry.

“We are dedicated to implementing sustainable sourcing practices throughout our supply chain.

“This ensures our cocoa beans are not contributing to deforestation, protecting vital rainforests and the delicate ecosystems that support cocoa cultivation.

“We recognise the critical role these ecosystems play and are committed to preserving them for generations to come.

“Premium Cocoa Products (Ile-Oluji) Limited remains dedicated to providing high-quality cocoa products while prioritising the environment and the well-being of our stakeholders.”

ALSO READ THESE TOP STORIES FROM NIGERIAN TRIBUNE 

 

Hakeem Gbadamosi

Recent Posts

Why varsity lecturers’ salaries need urgent review  —CONUA National President

The National President of the Congress of University Academics, (CONUA), Comrade Niyi Sunmonu, is an…

5 minutes ago

Lessons from CBEX scam

For how long will Nigerians continue to lose their hard money on fake online investments?…

35 minutes ago

FG inaugurates South-West regional office for agric training

The Agricultural and Rural Management Training Institute (ARMTI), an agency under the Federal Ministry of…

35 minutes ago

Tinubu’s wife empowers 300 farmers in Ogun

First Lady of the Federation, Senator Oluremi Tinubu has empowered 300 individuals under her Renewed…

1 hour ago

How Nigeria is reimagining livestock economy

  Recently, the Minister of Livestock Development Idi Mukhtar Maiha, visited Plateau State on a…

2 hours ago

Olore stool: Aderotimi royal family appeals to Ayedatiwa on quick installation

      The Aderotimi royal family of Ore in Odigbo Local Government Area of…

2 hours ago

Welcome

Install

This website uses cookies.