Ogun State Gets $250 Million Dairy Farm Investment

Ogun State has landed a new $250 million investment in agriculture. Pure Dairy Herds, a company that focuses on cattle and milk production, plans to build one of Nigeria's biggest dairy farms in the state.

Mr Farouk Gumel, a representative of the company, shared this news with journalists on Tuesday. He spoke after a meeting with Governor Dapo Abiodun at the Governor’s Office in Oke-Mosan, Abeokuta.

Gumel mentioned that the firm is working with international experts to create a top-notch dairy farm. The goal is to boost local milk production and improve Nigeria’s agricultural value chain.

He also revealed that the company has already secured land for the project in Ogun West Senatorial District. This means development work can start soon.

Gumel explained that they chose Ogun State because of its friendly policies for investors, good business climate, and ongoing infrastructure projects, especially in Ogun West. He praised the local communities for their warm welcome and support, calling the area perfect for large-scale dairy farming.

“Ogun is the best. We already have a few operations in Ogun State, and this project shows how well we have been received and treated,” he said.

“We are lucky to have Ogun State as our host. We are excited about moving into Ogun West, which has great potential, especially with the important infrastructure projects happening there.

“For now, we are looking at an initial investment of $250 million, but as we grow, we expect that amount to rise.”

Mr Gumel added that they are getting ready for the groundbreaking ceremony of the dairy farm. This event is likely to happen in the next two to three weeks.

The investment is set to boost local dairy production, create jobs, and stimulate economic activities in Ogun West. It will also strengthen Ogun State’s growing image as a top choice for both local and foreign investors.