Mr. David Oladunjoye Olurin is The Managing Director/Chief Executive Officer of Cardinal Torch Company Limited, the Nigerian agribusiness he founded in 2020 and has led from a commodity exporter into an emerging value-added manufacturer.
For six years, under his leadership, the company exported cocoa, cashew, sesame and soya in raw form but Olurin has now steered it into a new phase of local processing, which aligns with the federal government’s drive for non-oil revenue diversification, job creation and UN SDG 8. Today, the company’s ready-to-eat cashews are already on supermarket shelves in Nigeria and are exported to the UK, UAE and the Arab Gulf.
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In terms of impact, perhaps Olurin’s most telling has been in financing and governance, with Cardinal Torch’s N10 billion Commercial Paper, Series 1, fully subscribed and listed on the Nigerian Exchange Group. And plans include funding four processing plants in Ogun and Lagos States, covering cashew, soybean, cocoa and fast-moving consumer goods.
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