News

FCMB supports ReelFruit on sustainable manufacturing

First City Monument Bank (FCMB) has reaffirmed its commitment to sustainable manufacturing that minimizes negative environmental impact while conserving energy and natural resources.

This was demonstrated by the newly inaugurated dried fruit manufacturing plant of Nature’s Bounty Health Products Limited in Abeokuta, Ogun State.

Financed by FCMB, the 800-metric-ton manufacturing plant affirms Nature’s Bounty’s commitment to large-scale production and environmental responsibility.

Nature’s Bounty Health Products Limited, trading as ReelFruit, is a purpose-driven Nigerian food technology startup that transforms abundant local fruits like mangoes, coconuts, and cashews into healthy snacks.

This prevents post-harvest wastage and protects farmers from revenue loss. The company’s focus on social impact, supporting underserved communities, and promoting Nigerian products globally necessitated its expanded capacity. The new plant allows Nature’s Bounty Health Products to increase the production of its variety of ReelFruit products from 6 to 30 metric tons monthly, creating over 200 jobs.

Speaking at the commissioning of the plant, Mrs. Yemisi Edun, Managing Director of First City Monument Bank, said: “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 prioritizing sustainable manufacturing practices and job creation. Their energy-efficient machinery and advanced effluent system has set a standard for the agribusiness sector.”

Affiong Williams, Founder and CEO of Nature’s Bounty Health Products, 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”.

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

TruetellsNigeria

Recent Posts

BO Foundation (BOFIM) Supports Girls with Disabilities with Sanitary Pads

  BO Foundation for Inclusive Media (BOFIM), the Non-governmental Organisation (NGO) arm of BONews Service…

1 hour ago

Polaris Bank Champions Financial Literacy for Students in Commemoration of World Savings Day 2024

Polaris Bank concluded its nationwide financial literacy initiative with an impactful session at the MD/CEO’s…

4 hours ago

Polaris Bank Clinches “Best Mobile App” Award at Digital Jurist Awards 2024

Polaris Bank's commitment to digital innovation and excellence has once again been recognized, as the…

4 hours ago

Primetime Reporters Celebrates 10th Anniversary In Lagos December 4

  …Set to honour some deserving Nigerians Nigeria's leading online news platform, Primetime Reporters, will…

5 hours ago

FirstBank Hosts Inaugural China-Africa Interbank Association Forum

FirstBank, the premier West African financial institution and financial inclusion service provider has announced its…

7 hours ago

ZENITH BANK HOLDS FOURTH EDITION OF ANNUAL TECH FAIR IN LAGOS

The Fourth Edition of the Zenith Bank Tech Fair, tagged “Future Forward 4.0: Embedded Finance,…

8 hours ago