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Psaltry International Limited appoints Mrs Folusho Olaniyan OON Chairman board of directors. ….

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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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Drama As UK Blogger Maureen Badejo Not Produced In Court, Lawyers Frustrated

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There was mild drama at the Federal High Court, Ikoyi, Lagos, on Monday as UK-based popular blogger, Maureen Badejo, was not produced in court as earlier indicated by investigating authorities.

 

A total of eleven lawyers had assembled at the court premises in anticipation of her appearance. However, proceedings were stalled after officials failed to present her before the court as expected.

 

Following her absence, members of the legal team proceeded to the Nigeria Police Cybercrime Unit in Yaba, where they were informed that Badejo had been booked out of custody at the State Criminal Investigation Department (SCID), Panti, early in the morning.

 

Acting on the information, the lawyers moved to the cybercrime office and eventually located her in one of the facility’s offices.

 

Speaking with the legal team, the Assistant Director of the unit explained that Badejo could not be brought to court due to what he described as “numerous interested parties” and additional petitions being filed in connection with the case.

 

He added that authorities were uncertain whether she would be formally charged either today or tomorrow.

 

Determined to safeguard her rights, the lawyers have since maintained a vigil at the cybercrime unit to observe proceedings and provide legal counsel as she gives further statements to the Investigating Police Officer and her team.

 

Meanwhile, support for the blogger appears to be growing internationally.

 

Groups based in the United Kingdom, United States, and Canada have reportedly begun fundraising efforts to cover her legal expenses.

 

One of her lawyers, Barrister George Ogunjimi, disclosed that Badejo had not eaten since Friday but remained in high spirits. According to him, upon sighting her lawyers, she requested a meal of rice and fish along with a bottle of Eva water.

 

Her continued detention and failure to appear in court have raised fresh concerns among supporters and legal observers, as they await further developments in the matter.

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Peter Obi Joins #OccupyNationalAssembly Protest Over Electronic Transmission Of Results

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Former presidential candidate Peter Obi on Monday, joined protesters at the National Assembly complex in Abuja under the banner of the #OccupyNationalAssembly movement.

The protest follows the Senate’s passage of the Electoral Act 2022 (Repeal and Reenactment) Amendment Bill 2026, in which lawmakers removed the phrase “real-time” transmission of election results during the third reading of the bill.

Although the Senate has issued several clarifications denying that it rejected electronic transmission of election results, protesters insist that the proposed legislation must explicitly mandate real-time electronic transmission.

Speaking at the protest ground, Obi said the Senate must take concrete steps to prevent a repeat of the technical glitches reported by the Independent National Electoral Commission (INEC) during the 2023 general elections.

He called for real-time electronic transmission of results to be clearly enshrined in the law.

Aside Obi, members of civil society organisations, opposition ADC supporters, and women’s groups were also present at the protest.

The protesters began their march from the Federal Secretariat, proceeding towards the National Assembly gate.

Security was heavy at the scene, with personnel drawn from the Nigeria Police Force, the Nigerian Army, and the Nigeria Security and Civil Defence Corps. The police barricaded the entrance to the National Assembly.

However, some civil society representatives told Channels Television that the protesters do not intend to force entry into the complex, noting that the demonstration is planned to take place strictly at the gate.

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Edo: Police Arrest 21 Year Old Dispatch Rider Over N1.3m Gambling Scandal

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A 21-year-old dispatch rider in Edo State has been arrested by the State Police Command after allegedly gambling away N1.3 million belonging to his employer and a customer.

JomogNews reports that he staged his own kidnapping to conceal the loss of funds from virtual betting.

ASP Eno Ikoedem, the Public Relations Officer of the Command, disclosed this in a statement made available to journalists on Monday in Benin City.

Ikoedem gave the name of the suspect as David Ekes, a staff of Dibecs Industry Limited, Okpella, in Etsako East Local Government Area.

“The Edo State Police Command has uncovered a staged kidnapping following a report of a missing person involving an employee of Dibecs Industry Limited, located at Km 162, Auchi–Okene Expressway, Okpella.

“On 30/01/2026 at about 1600hrs, one Moses Ekes ‘M’, of Dibecs Industry Limited, reported at the Okpella Police Division that his nephew, David Ekes ‘M’, aged 21 years, a dispatch officer with the company, dark in complexion, about 5ft tall, and fluent in Ijaw and English languages, had been missing since 27/01/2026 at about 2030hrs.

“It was reported that the said David Ekes left his quarters alone on a black, unregistered motorcycle from Factory 2 to Factory 3, contrary to company policy, and was not seen or heard from thereafter.

“The motorcycle was later discovered parked along the road leading to Factory 3 and subsequently recovered to the company’s main office.

“Following the report, operatives of the Okpella Police Division promptly visited the scene, conducted a thorough search of the surrounding bush area, and documented relevant findings, while the investigation commenced immediately.

“However, in a turn of events, on 31/01/2026 at about 0800hrs, information was received that the missing person had returned on his own and was reportedly weak. He was taken to a hospital in Okpella, where Police operatives visited and monitored his condition.

“Upon his discharge, the suspect initially volunteered his statement alleging that he was kidnapped by three unidentified men, forced to trek barefoot through the forest for over three days, during which his Tecno Camon mobile phone was taken and funds were withdrawn from his First Bank account.

“Discrete investigation, however, has revealed that between 25/01/2026 and 26/01/2026, the suspect lost a total sum of ₦1,308,000.00million, belonging to his company and a customer, through online gambling on a visual sporty betting platform, he then immediately travelled to Abuja, sold his mobile phone, lodged in a hotel, and deliberately staged his own kidnapping to cover up the financial loss,” the statement said.

Ikoedem said the suspect has since confessed to the crime and would be arraigned in court to serve as a deterrent to others.

Meanwhile, the Commissioner of Police in charge of the Command, Monday Agbonika warned members of the public against false distress reports and acts of criminal deception.

Agbonika noted that such actions undermine public confidence and waste critical security resources.

He also advised youths involved in gambling to do so responsibly, as addiction often leads to desperation and criminal tendencies.

 

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