HomeBusinessOgun attracts $250m dairy investment in agric sector

Ogun attracts $250m dairy investment in agric sector

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Ogun State has secured a $250m investment in its agricultural sector as Pure Dairy Herds announced plans to establish a large-scale dairy farm in the state.

The company’s representative, Farouk Gumel, disclosed this to journalists on Tuesday after a meeting with Governor Dapo Abiodun at the Governor’s Office, Oke-Mosan, Abeokuta, according to a statement.

Gumel said the firm is partnering with international experts to develop a dairy farm aimed at increasing local milk production and strengthening Nigeria’s agricultural value chain.

He revealed that the company has completed the acquisition of land for the project in Ogun West Senatorial District, paving the way for the commencement of development activities.

According to him, the choice of Ogun State was informed by its investor-friendly policies, business environment and ongoing infrastructure development, particularly in Ogun West.

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