Senator Udoma told the shareholders that the company had been dynamic in it's approach and consolidated on it's Vital fish feed brand recently introduced. “To further consolidate on our technology improvement initiative, capacity and efficiency in our operations, three new plants were commissioned including a new feed mill at the Ikeja plant of Livestock Feeds Plc, an automated pie line for the restaurants business and a new processing and packaging technology for Supreme Ice Cream.” he said.
Other areas of improvement in the company's operation he mentioned are the implementation of SAP software and enterprise risk management framework to enhance the control environment of it's business in line with the company's business transformation process. The company continued to see improvements in its operations due to the outsourcing of it's internal audit function and whistle blowing mechanism (calling attention to wrong doing in an organization).
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