₦airaland Forum

United Kingdom-based Asset Green Limited is partnering with the Nigeria Sovereign Investment Authority (NSIA) to establish a $496 million integrated dairy production and processing plant in Nigeria.

According to a statement from the UK High Commission in Abuja, the project aims to positively reshape Nigeria’s dairy industry and reduce its dependence on imported dairy products.

The initiative features a 20,000 hectare climate-smart, regenerative crop and forage farm that will supply a state-of-the-art 10,000 cow dairy ranch.

It will generate an estimated US$620 million in annual revenue, create 2,500 direct jobs plus 5,000 ancillary jobs, across the nation.

The core of the complex is a high-tech factory that will produce fresh milk, milk powder, butter, and cream. Its annual capacity of infant formula alone is 15,000 metric tons.

Additionally, the project targets to integrate 10,000 rural households into the national supply dairy chain via out-grower schemes.

According to the British Deputy High Commissioner Jonny Baxter, “Over a decade ago, the UK provided pivotal support to Nigeria in establishing the NSIA, offering legal and financial expertise that helped lay the foundation for its successful launch and strengthen its governance and credibility.

“That early institutional investment has paid dividends, helping to build a resilient Nigerian institution capable of creating jobs and driving transformational, long-term development.”

NSIA Managing Director/CEO Aminu Umar-Sadiq described the initiative as a generational shift for the country’s food systems.

“With a project size of almost US$500 million, this is one of the most ambitious initiatives aimed at strengthening Nigeria’s food and nutrition security in a generation,” Umar-Sadiq said.




SOURCE
https://x.com/NaijaphiliaBlog/status/2035140041471598974

Good...Fulani would have opportunity to come and learn how to raise cows.

Those people that they strive in kidnapping and terrorism!!?? They don't want to upgrade theirself and only causing religious problem just to perpetrate their evil

EmperorIsaac:
Good...Fulani would have opportunity to come and learn how to raise cows.