Bauchi Meat Company To Generate Over N180b If Properly Funded - Politics - Nairaland
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| Bauchi Meat Company To Generate Over N180b If Properly Funded by Nobody: 6:45am On Nov 18, 2013 |
Dr Alqassim Ibrahim, the General Manager, Bauchi Meat Products Company Ltd., has said that the company could generate N182 billion annually as revenue, if it was properly funded. Ibrahim told the Newsmen in Bauchi that the company had the capacity to process 13.8 million tonnes of meat per annum. He said that if properly positioned, the company could process meat from 250 cows and 2,000 sheep and goats daily, with cows alone generating N5 million revenue daily. Ibrahim said that the company, owned by the Bauchi State Government, was established in 1964 through the initiative of Sir Ahmadu Bello, the then Premier of Northern Region, but commenced operation in 1968. Ibrahim said that the company also had the capacity to create 2,000 employment opportunities and earn appreciable revenue for the state. Ibrahim, however, said that in efforts to revive the company to operate at full capacity, the private sector should be encouraged to invest in the company with assurance of high returns on investment. Source: Bauchi Radio Cooperation www.brcbauchi.org |
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