Ogun attracts $250m dairy investment in agric sector

Ogun State is set to become a major hub for dairy production with a significant $250 million investment secured from Pure Dairy Herds. The company plans to establish a large-scale dairy farm within the Ogun West Senatorial District, a move aimed at substantially increasing local milk output and bolstering Nigeria's agricultural value chain.

Farouk Gumel, a representative for Pure Dairy Herds, announced the investment after a meeting with Governor Dapo Abiodun. He highlighted that the company is collaborating with international experts to develop the farm. The selection of Ogun State was driven by its favorable investor policies, conducive business environment, and ongoing infrastructure projects, particularly in the Ogun West region. Gumel expressed satisfaction with the reception and cooperation from host communities, describing the location as ideal for large-scale dairy farming.

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Ogun is the best. We already have a few operations in Ogun State, and this project is a testament to how well we have been received and treated.

"Ogun is the best. We already have a few operations in Ogun State, and this project is a testament to how well we have been received and treated," Gumel stated. He added, "We are fortunate to have Ogun State as our host, and we are particularly excited about moving into Ogun West, which holds great promise, especially with the critical infrastructure projects taking place in the area."

The initial investment is pegged at $250 million, with expectations of further increases as the project expands. Preparations are underway for a groundbreaking ceremony within the next two to three weeks. This investment is anticipated to generate numerous jobs and stimulate economic activity in Ogun West, marking a significant development for the state's agricultural sector.

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We are fortunate to have Ogun State as our host, and we are particularly excited about moving into Ogun West, which holds great promise, especially with the critical infrastructure projects taking place in the area.