Fan Milk Plc has disclosed that it has entered right into a strategic partnership with Obasanjo Farms Nigeria Restricted to spice up dairy manufacturing within the nation.
In an announcement, the agency stated the partnership was aimed toward advancing dairy farming growth and selling native sourcing in Nigeria.
In accordance with Fan Milk, the farm, located in Iseyin, Oyo State, is anticipated to supply 300 heifers throughout the first yr of the venture and double that determine by 2026.
It disclosed that it might be importing 100 pregnant heifers from Egypt.
“Fan Milk Plc would off-take the recent milk produced based on the phrases of the 5-year partnership settlement and would additionally present coaching and technical capability constructing for the personnel.
“The collaboration is anticipated to result in the creation of employment alternatives, significantly in rural areas,” the discharge acknowledged.
The Director-Basic and Chief Govt Officer, Nationwide Biotechnology Improvement Company, Prof Abdullahi Mustapha, disclosed final yr that the nation was spending $1.5bn on the importation of dairy merchandise yearly.
Each corporations stated they had been dedicated to partaking with native communities to foster constructive relationships, deal with social considerations, and promote accountable company citizenship.
The Chairman of Obasanjo Farms Restricted, Olusegun Obasanjo, stated the partnership would drive ahead dairy farm growth and native sourcing initiatives.
He stated, “By investing in coaching and capacity-building programmes for native farmers, we are going to empower communities, improve productiveness, and contribute to the event of Nigeria’s agricultural sector.”
On his half, the Basic Supervisor of Danone Sub-Saharan Africa, Herve Barrere, expressed optimism that the partnership would enhance sourcing uncooked supplies regionally, empowering native farmers, bettering their livelihoods, and contributing to the expansion of the agricultural sector.
In accordance with the assertion, the partnership marks a major milestone in Fan Milk’s dedication to backward integration, following the profitable launch of its mannequin dairy farm in Odeda, Ogun State and coaching for native dairy farmers within the Odeda Dairy Coaching Institute in 2022.
The Undertaking Lead for Obasanjo Farms Nigeria Restricted, Olusegun Ariyo, famous that each corporations had been taking steps in the direction of a extra environment friendly and economically sustainable surroundings for dairy farming within the nation.
The Managing Director of Fan Milk PLC, Kayode Adebiyi, asserted, “The strategic partnership between Fan Milk PLC and Obasanjo Farms Nigeria Restricted is designed to leverage the strengths of each corporations to reinforce native dairy manufacturing, scale back import dependency, and foster sustainable agricultural practices.”
