Speaking
at a news conference in Lagos, the management of Erisco Foods Limited
disclosed that goods worth millions of Naira were destroyed in a fire
that gutted its Lagos warehouse.
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
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