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FCMB finances Ogun eco-friendly manufacturing plant

 

First City Monument Bank has reaffirmed its commitment to sustainable manufacturing by financing the newly inaugurated dried fruit manufacturing plant of Nature’s Bounty Health Products Limited in Abeokuta, Ogun State.

A statement from the firm, which trades as ReelFruit, indicated that FCMB financed the 800-metric-ton manufacturing plant while affirming Nature’s Bounty’s commitment to large-scale production and environmental responsibility.

Nature’s Bounty Health Products is a Nigerian food technology startup that transforms abundant local fruits like mangoes, coconuts, and cashews into healthy snacks, reducing post-harvest waste and protecting farmers from revenue loss.

According to the company, the new plant allows Nature’s Bounty Health Products to increase the production of its variety of ReelFruit products from six to 30 metric tonnes monthly and create over 200 jobs.

The founder and Chief Executive Officer of Nature’s Bounty Health Products, Affiong Williams, highlighting the factory’s broader significance, said, “This facility is more than just bricks and mortar; it embodies my unwavering belief in Nigeria’s agricultural and manufacturing potential.

“With this factory, we are scaling our dried fruit production to serve customers nationwide, export ‘Made in Nigeria’ products globally, and transform agribusiness. We are creating jobs, supporting farmers, and proving that large-scale impact is achievable. This facility is a positive symbol for Nigeria’s business landscape for generations to come.”

Also, the Managing Director of First City Monument Bank, Mrs Yemisi Edun, asserted,  “FCMB consistently supports businesses that share our vision of a sustainable and inclusive Nigeria. Nature’s Bounty Health Products and its brand, ReelFruit, embodies this commitment, adding value to local produce while prioritising sustainable manufacturing practices and job creation. Their energy-efficient machinery and advanced effluent system have set a standard for the agribusiness sector.”

Ogun State Commissioner for Industry, Trade, and Investment, Mr Adebola Sofela, called the new plant “a testimony to the can-do spirit of Nigerians”.

“We are excited to host this facility, which offers many benefits to our state and Nigeria. Our government is committed to fostering industrial development by creating an enabling environment for businesses to thrive,” he noted.

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