Buhari Inaugurates N30bn Olam Poultry, Feed Mill

Hamilton Nwosa
Writer
new-diplomat default image
new-diplomat default image

Ad

The Gift of Hindsight: What I Would Tell My Younger Self, By Johnson Babalola

By Johnson Babalola @jbdlaw Hindsight, they say, is life’s most generous teacher—but it sends its lessons late. It is only after the storms that the patterns become clear; only after the wrong turns that the map begins to make sense. As I celebrate another birthday today and have grown older, I often find myself reflecting…

Gasoline Prices Drop Toward Pandemic-Era Lows

The national average price of gasoline dropped below $3 a gallon over the weekend. GasBuddy has predicted that prices will go even lower in the coming weeks, with good prospects of motorists enjoying sub-$3 prices for extended periods. This drop is overwhelmingly being driven by the significant increase in oil production from OPEC throughout 2025.…

Alleged Christian Genocide Claim is Damaging Nigeria’s Image– Tuggar Laments

By Abiola Olawale Minister of Foreign Affairs, Yusuf Tuggar, has voiced concern over what he described as the damaging impact of the "Christian genocide" narrative on Nigeria's international image. This is as the Minister claimed that the country's complex security challenges are being falsely simplified as religious persecution. Speaking at the Reuters NEXT Gulf Summit…

Ad

President Muhammadu Buhari on Tuesday inaugurated the N30 billion Integrated Feed Mill, Hatchery and Breeder Farm in Kaduna.

Middle East Olam International Business Head, Mr. Vinod Kumar Mishra, had earlier said that when inaugurated, the multi-million dollar investment would utilise around 180,000 tonnes of corn and 75,000 tonnes of soya beans for its feed production.

He said that it would boost the production of maize and soybeans as well as the development of the Nigerian poultry and aquaculture sectors.

According to him, the 50,000 tonnes of on-site storage, in addition to a similar capacity of outsourced storage, will support food security and price stabilisation.

He said that training on farming practices would be offered to farmers in collaboration through collaboration with Federal and the state governments to increase farm yields and crop profitability.

Governor Nasiru El-Rufai of Kaduna state on April 10, 2016 laid the foundation of the project.

The project is adjudged the biggest of its kind in Sub-Sahara Africa.

Olam International is a leading agri-business operating across the value chain in 70 countries is investing $150 million (approximately N30.0 billion) in the project.

“The project is a state-of-the-art with animal feed mills, poultry breeding farms and a hatchery that will produce 1.6 million weekly day-old-chicks.”

El-Rufai, while performing the ground-breaking ceremony at Chikpiri Gabas village, in April 2016 said, the project was not about the size of its facility, but the employment opportunities that would be created in building and running the poultry project. (NAN)

Ad

X whatsapp