ITOCO Introduces It's Soil Rescue Program ("SRP") to Africa

Rhea-AI Summary

ITOCO INC. (OTC PINK:ITMC) has launched its Soil Rescue Program (SRP) in Nigeria through its subsidiary, Colorful Euphoria, Lda. Following a successful 7-day visit, representatives engaged with various government agencies and private companies about the program's potential. The SRP aims to convert arid land into productive Nopal cactus farms, promoting ecological rehabilitation and the production of biofuels and other products. ITOCO is focused on becoming a leader in soil rehabilitation and carbon capture in the Clean Energy sector.

Positive

• Launch of Soil Rescue Program in Nigeria.
• Engagement with government agencies and private companies.
• Potential for biofuel production and ecological rehabilitation.

Negative

• None.

TORONTO, ON / ACCESSWIRE / August 30, 2022 / ITOCO INC. (OTC PINK:ITMC), is pleased to announce that through its Portuguese subsidiary, Colorful Euphoria, Lda, it has commenced the introduction of its Soil Rescue Program, "SRP" into the Republic of Nigeria.

ITOCO's representatives have completed a 7-day visit to the Republic of Nigeria where they presented the ITOCO "SRP" to several government agencies and departments including the Ministry of Finance, National Agency for the Great Green Wall for Nigeria, Chairman - House of Representatives Committee on Climate Change, as well as private companies interested in our Nopal cactus for biofuel, food products, feed for livestock, and carbon credits.

ITOCO'S "SRP" will transform arid and semi-arid land into viable Nopal cactus farms which will create its own economy around the plethora of products produced by our cactus without the need for a consistent water supply. The cactus will rehabilitate the previously barren land into fertile farmland to facilitate the planting of other crops, indigenous plants and trees.

ABOUT ITOCO INC.

ITOCO's mission is to be a global leader in soil rehabilitation, carbon sequestering, and biofuel production for the Clean Energy sector. ITOCO has developed and is promoting its Soil Rescue Program in Europe and Africa. ITOCO Inc. is quoted on the OTC Markets, symbol: ITMC. ITOCO is a 14-year-old publicly quoted BioTech company based in Toronto Canada, Lisbon Portugal, and Nevada USA. ITOCO seeks to partner with outstanding individuals and companies within the land regeneration, climate change and bioenergy fields to joint venture, research, and co-develop related products and technologies to the market.

ITOCO Energy

ITOCO Soil Rescue

ITOCO Carbon Capture

CONTACT:
Michael Paul, C.E.T.
President & CEO
ITOCO INC
ir@itoco.net

SOURCE: ITOCO Inc.

View source version on accesswire.com:
https://www.accesswire.com/713947/ITOCO-Introduces-Its-Soil-Rescue-Program-SRP-to-Africa

FAQ

What is ITOCO Inc.'s Soil Rescue Program?

ITOCO's Soil Rescue Program aims to transform arid land into productive Nopal cactus farms, fostering ecological restoration and sustainable agricultural practices.

When did ITOCO announce the launch of its Soil Rescue Program in Nigeria?

ITOCO announced the launch of its Soil Rescue Program in Nigeria on August 30, 2022.

Which government agencies in Nigeria did ITOCO engage with for the Soil Rescue Program?

ITOCO engaged with several government agencies, including the Ministry of Finance and the National Agency for the Great Green Wall for Nigeria.

What is the purpose of converting arid land through ITOCO's program?

The purpose is to rehabilitate barren land into fertile farmland, enabling the growth of Nopal cactus and other crops without the need for consistent water supply.

What products can be derived from the Nopal cactus in ITOCO's program?

Products include biofuels, food products, and feed for livestock, as well as the potential for generating carbon credits.