PIL is an indigenous agro allied company established in 2005 to market cassava produce but later expanded its business line to include farm development and production of food grade starch from cassava. PIL was established to elevate the business of farming in rural areas by creating a production value chain for farm produce using innovative processes. The company held its first out-grower programme in 2012. Since Inception, PIL have created a supply chain involving up to 5,000 farm families which include more than 2,000 registered and unregistered outgrower farm families, marketers, the labourers, the traders, the transporters, the retail input suppliers.
PIL established its 20-ton/day starch factory in 2012 and an additional Production Line of 30 tons/day capacity in 2015 to meet more Customer demands and satisfaction. With 400 hectares of Company Cassava farmland located at Alayide-Wasimi Village, Ado-Awaye, Oyo State, a farming community of about 10,000 hectares of farmland, we are close to our Farmers and listen to their concerns through our Out-grower Scheme and our products are made with pride.
The company’s asset base as at December 2015 was about $5million comprising its factory, farm land and equipment and generated up to $3.5million as revenue in 2015 and has saved the nation the more than $7million in forex in the past two years. The company has provided employment for over 300 people including 200 permanent staff and 100 temporary staff.