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Psaltry International Limited appoints Mrs Folusho Olaniyan OON Chairman board of directors. ….
Profile of Folusho Olaniyan OON.
Established in 2005, Psaltry is the first to produce cassava based sorbitol in Africa, and 2nd in the world after Indonesia.
Asset base of $20million USD
PIL also produces Cassava based glucose syrup.

PIL runs an Outgrower farmer scheme of 3500 farmers 500 Agripreneurs.



FACTORY CAPACITY:
• 24MT per day sorbitol factory.
• 40MTper day food grade starch
• 20MT per day High quality cassava flour
WASTE MANAGEMENT:
The factory Recycles cassava peels, and pulp waste into pellets for powering wood boilers in the production factory.
PIL Enzymizes starch into glucose and hydrogenize glucose into sorbitol.
Sorbitol is a major raw material for toothpaste production, while food grade starch is a raw material for seasoning cubes, beverages and medications.
Psaltry is the major supplier to Nestle, Unilever, Nigerian Breweries, Promasidor.

New Sorbitol plant located in Odo Awaye Oyo state will be officially commissioned in March 2020.
Profile of Folusho Olaniyan OON
CEO Contact Consulting Nigeria & Programme Director Agrainnovate West Africa

Folusho started her career in the food industry as a management trainee with A.G.Leventis Nigeria. Plc. in 1988. As Head of Sales and Marketing, in 2005,she joined UTC Nig Plc and was appointed Managing Director/CEO in 2007;a post she held till 2013, when she collaborated with the Federal ministry of Agriculture and rural development on the Agricultural transformation agenda, to pioneer the commercialization of cassava flour inclusion in bread and pastries. She set up Contact Consulting Nig. Ltd; a Market Research, Business advisory and advocacy, organization, focused on Agricultural value chain development and investments in 2013.
She has served as consultant/ market analyst to Partnerships In Niger Delta PIND project, CAVA Cassava Adding Value for Africa; a Bill and Melinda Gates funded project, headquartered at the Federal University of Agriculture , Abeokuta, Nigeria , and as expert advisor to Dalberg Global advisors on the IDH Market study on commercial opportunities in agricultural value chains in Nigeria. Folusho also served as Business Development and Marketing Adviser to MADE (Market For Development in The Niger Delta), funded by DFID through DAI UK. and as a consultant to Palladium Group United Kingdom, on the West Africa Food Markets Pilot Programme in 2016. She also served on the judging panel of the Rockefeller foundation Cassava Yieldwise $1million dollars Challenge set up in 2016 to promote innovation in cassava post harvest practices, as well as being a consultant to the World economic forum Grow Africa project in, on data assessment of maize , soya bean, and coffee sectors in Tanzania, Ghana, and Ethiopia.
Folusho is a member of the project advisory council of BASICS-(Building an Economically Sustainable, Integrated Seed System for Cassava In Nigeria), a 4 year project (2016-2020) funded by Bill and Melinda Gates foundation. Folusho is also a member of the Governing council of Ekiti state university Nigeria.
Her firm, Contact consulting Nigeria is the conference partner to Informa group UAE on the Agrainnovate West Africa conference and exhibition ,which has been successfully run from 2013 to date. Contact Consulting Nigeria is founding partner to Nigerian Agricultural seeds council on the Seedconnect Africa Conference and exhibition launched in 2017.
Folusho led the advocacy team on the AGRA $240,000USD funded policy reform project titled: Advocacy for the passage of the fertilizer control bill, the Nigerian independent warehouse regulatory agency bill, and the presidential assent to the Nigerian seed council Bill., from October 2018 to January 2020. She has the responsibility for developing and coordinating the advocacy workplan for the project, in collaboration with the Nigerian economic summit group. The National seeds council bill was assented to by the President of Nigeria in 2019, and the fertilizer bill was passed by the Nigerian Senate also in 2019.
Folusho also served as expert advisor to Dalberg Global development advisors in partnership with IDH The Sustainable Trade Initiative of the Dutch Government, on the Ondo state commercialization study on five high potential agricultural value chains: Cocoa, Oil palm. Cashew. Aquaculture, Vegetables in Ondo state in 2019.
In October 2019, Folusho partnered with Ambidextrous UK to develop the Brands Basecamp Africa project, with the objective of nurturing talent, and teaching best practice, to help businesses meet local challenges pertaining to segmenting consumer markets, shaping brands, and growing businesses through innovation and communication.
Folusho is a fellow of the Chartered Institute of Marketing UK, and a fellow of the Institute of Directors. She holds a Masters degree in Public Administration from the University of Lagos, Nigeria, and a professional postgraduate Diploma in Marketing from the Chartered Institute of Marketing, Cookham, United Kingdom. She attended the Johnston institute for responsible leadership at the University of Pittsburgh Pennsylvania for a certificate programme in organizational leadership in 2009.
Folusho has attended two fellowship programs of the United States Department of Agriculture USDA, on Women in Agriculture, and snack food development at the Iowa state University USA between 2015 and 2017. A Cochran fellow of the United States Department of Agriculture USDA, Folusho is also a member of the International Food and Agribusiness Management Association, USA.
Folusho is the current program Director of Agra innovate West Africa, an annual conference funded by Informa Group UK and UAE. Informa is the world’s largest publicly quoted exhibition company. The Agrainnovate agribusiness trade show and conference is an annual knowledge sharing and business partnerships/ deal making platform attended by 6,000+ visitors from over 20 countries across the globe. In recognition of Folusho’s contributions to the Nigerian food industry, she was awarded National honours of Officer of the Order of the Niger (OON) in September 2014 by the President and Commander in Chief of the Federal Republic of Nigeria.FacebookTwitterEmailShare

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LASG Announces Resumption Of Monthly Environmental Sanitation For April 25
The Lagos State Government has officially announced the reintroduction of the monthly environmental sanitation exercise, set to resume on Saturday, April 25, 2026.
This marks the return of the state-wide cleaning culture nearly ten years after its suspension in 2016.
Residents are expected to clean their surroundings, clear drainage channels in front of their homes, and dispose of waste responsibly as part of efforts to improve environmental hygiene and tackle waste management challenges.
The Commissioner for Environment and Water Resources, Tokunbo Wahab, on Saturday, disclosed the development in a statement, explaining that the exercise would officially restart later in the year.
“I am pleased to inform all Lagosians that the monthly environmental sanitation exercise will resume effective Saturday, 25th April 2026, holding on the last Saturday of every month from 6:30 a.m. to 8:30 a.m.
“During this period, residents are enjoined to clean their surroundings, clear drainage channels in their frontages, and dispose of waste properly as a civic responsibility.”
Wahab urged residents to view the initiative as a shared duty toward building a healthier city, stressing that the government would ensure strict compliance.
“This exercise is a collective responsibility and a vital part of our commitment to a cleaner, healthier, and flood-resilient Lagos. And it shall be backed with the full enforcement weight of the Lagos State Government,” he said.
Explaining the significance of reintroducing the sanitation culture, the commissioner said the state was returning to a practice that once formed part of Lagosians’ lifestyle.
“Let me formally say this and say it boldly. Mr Governor and his deputy are taking a very audacious step. For those who don’t know, prior to 2016, we had a culture that emphasised cleanliness as next to godliness.
“Once every month, we took our time to clean up our surroundings and then maintain them sparkling. However, for some years, we stopped it.”
He said the absence of the exercise had contributed to mounting environmental pressures in the state.
“Now, waste, debt, and environmental challenges have become an existential challenge to us as a state. It’s taken us over a year to debate, talk, and agree that it’s time to reintroduce a monthly environmental sanitation,” Wahab said.
Appealing to residents for cooperation, he urged Lagosians to dedicate a small portion of their time each month to environmental cleanliness.
“It’s a plea that it is time for us to give up just one or two hours a month. In our marketplaces, every Thursday, we observe environmental cleanliness. But this time, we are saying as a state, let us sit back once a month and observe the cleanliness of our environment as we used to before 2016.”
JomogNews reports that the monthly sanitation exercise, previously held on the last Saturday of every month between 7 a.m. and 10 a.m., was suspended in November 2016 following a legal pronouncement restricting movement during the exercise.
The suspension later coincided with growing waste management concerns, including clogged drainage channels and indiscriminate refuse disposal across parts of the state.
News
States, LGA Now Have More Allocations — Tinubu Urges Media To Demand Accountability
President Bola Tinubu has urged the media to extend their scrutiny to State and Local Governments, noting that his administration’s reforms have significantly increased their financial allocations.
During an interfaith breaking of fast with media executives on Friday, the President emphasized that sub-national governments now enjoy greater financial autonomy and should be held accountable for grassroots development.
Tinubu said his administration’s economic reforms, especially the removal of the petrol subsidy, have increased funds available to states.
“We have opened up the principle of federalism to the extent that local governments are now getting their money. But how they use it is in your hands, so don’t bombard me alone. Look at local governments too, and equally, the sub-national,” Tinubu said.
“Today, there is no state that is borrowing to pay the salaries of employees. Yes, we can complain that it is not enough. We can complain we are not where we should be, but we have to manage what we have to sustain today, survive tomorrow, and make progress”.
Tinubu commended the media for criticising his government, saying it challenged and provoked him to serve Nigerians better.
“Thank you for inspiring me and challenging me in critical moments of my life. If I look at various barrages of negative comments as opposed to positive aspects of the assignment, I shouldn’t be standing here. That is the truth,” the president said.
“You didn’t spare me, but you challenged me, provoked that intellectual curiosity of a leader that must perform. There is no morning that I ever leave my house without going through the newspapers. It’s an addiction. I read all of you, it might not be in full detail, but the headlines, the ones that hit me.
“Leadership is about taking responsibility to make decisions at the right time. Otherwise, it’s a failure. At the time, we had to confront the subsidy. Nigeria was on the verge of bankruptcy.
“But having asked for the job and getting it, I cannot look back other than make corrections as I move along, save the nation, bring it back from the brink. Today, I can stand proudly before you that we are back from that brink.”
Tinubu added that he will continue to do his job with “patriotic dedication” to improve Nigeria.
News
I Delivered $15m Agency Cash To Ex-NIMASA DG Akpobolokemi, EFCC Witness Tells Court
A prosecution witness, Captain Ezekiel Bala-Agaba, testified in a Lagos Federal High Court on Thursday, that he personally delivered $15 million in cash to former NIMASA DG, Patrick Akpobolokemi.
The witness, Bala-Agaba, a former Executive Director of Maritime Safety, Shipping Development and Marine Operations at NIMASA, made the disclosure while testifying before Justice Ayokunle Faji of the Federal High Court in Lagos.
Captain Agaba, who appeared as the 15th prosecution witness, told the court that funds meant for pipeline surveillance were withdrawn from NIMASA’s accounts, converted into dollars, and handed over to Dr Akpobolokemi.
According to him, the money was taken to a Bureau de Change, which converted it into $15 million before the cash was delivered to the NIMASA office on Burma Road, Apapa, Lagos.
He said he subsequently took the money to the office of the then Director-General.
“The money was sent to a Bureau de Change, which later brought the dollar equivalent to our office at Burma Road, Apapa, Lagos. I asked my Personal Assistant, Ekene Nwakuche, to carry the bag and follow me to the Director-General’s office,” he told the court.
The witness explained that he collected the bag from his aide before entering the office.
“When we got to the door of the Director-General’s office, I collected the bag from him and asked him to wait outside. I then personally delivered the sum of $15 million to the Director-General.”
The witness was initially a defendant in the case but later opted to testify for the prosecution.
While being led in evidence by prosecuting counsel, Suleiman Suleiman, he explained the chain of command within NIMASA and how financial approvals were processed in the agency.
According to him, the Director-General is the overall head of the agency and issues instructions to directors, who then implement policies in line with the NIMASA Act.
He told the court that he chaired the agency’s Intelligence Committee, which was responsible for certain security-related operations.
“As chairman of the committee, I oversaw its activities and reported directly to the Director-General, Dr. Patrick Akpobolokemi,” he said.
During the proceedings, the witness was also shown a document containing a letter from Access Bank to the Economic and Financial Crimes Commission (EFCC) detailing transactions in NIMASA’s accounts between 2013 and 2015.
When asked how much money he took to the former Director-General, Agaba replied: “$15 million.”
After listening to the testimony, Justice Faji adjourned the matter until April 22 and 23 for cross-examination of the witness.
The EFCC had in December 2015 arraigned Dr. Akpobolokemi and seven others before the court on a 30-count charge bordering on conspiracy, fraudulent conversion of funds and money laundering.
Those charged alongside the former NIMASA boss include, Warredi Enisuoh, Governor Juan, Ugo Frederick, Timi Alari, as well as Alkenzo Limited and Penniel Engineering Services Limited.
They pleaded not guilty to the offences.
The anti-graft agency alleged that the defendants conspired to divert funds running into over N1.15 billion under the guise of providing security intelligence in Nigeria’s maritime domain.
According to the EFCC, the NIMASA Intelligence Committee allegedly received N1,153,000,000 between December 2013 and July 2015.
Investigations further revealed that several companies contracted to execute the intelligence operations were either unregistered or lacked the capacity to perform the services, while some were allegedly linked to the defendants.
The prosecution also alleged that the defendants nominated or owned many of the companies used to execute the contracts.
One of the charges stated that the defendants conspired to commit offences punishable under the Money Laundering (Prohibition) Act, 2012.
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