THE Ondo State government, under a Public Private Partnership (PPP) arrangement between it and Greenfield Assets Limited, has launched the siting of an egg powder plant valued at N42bn in the state.


The plant which will be situated at Emure-Ile, near Owo will provide 25,000 new jobs, a foreign exchange earning of $1 billion in addition to increased income for poultry farmers in Nigeria.

The factory is expected to sit on a 150 hectares of land and will produce 10 million broilers per annum with a 4,000 birds per hour meat processing plant; a 600,000 layers farm for the production 100 million eggs per annum; two 20 tons per hour Feed-mill and a 500,000 eggs per day.


Chief Executive Officer of Greenfield Asset Limited, Dr Paul Obanua, while speaking at the ceremony expressed joy at the siting of the factory in Ondo State and noted that within a year, the first phase of the project will be commissioned.

Obanua, who noted that the plant can process over one million eggs a daily basis stressed that the the product, after being processed into liquid form, an last for 18 months.

Speaking at the event, the Central Bank of Nigeria (CBN) governor, Godwin Emefiele expressed delight that the Ondo State government was implementing appropriate measures to make the state a viable destination for local and foreign investment.

Emefiele expressed the readiness of the bank to support the state government to promote small scale entrepreneurs.

He maintained that the project will in no small measure drive the economic growth of the state and by extension the nation, reduce unemployment and increase social cohesion.


The CBN governor said that the project would also help to support the Buhari led government’s determination to increase local production of critical agricultural produce and reduce drastically importation of items that the country can produce.


He lauded efforts of Governor Oluwarotimi the Akeredolu for looking beyond oil and embracing agriculture to drive and change the economic status of the state.

Governor Akeredolu said the powdered egg factory would have great economic impact on the state and the nation at large as the only producer of such product in West Africa.

He said the project would attest to his administration’s determination to industrialise the state.

The governor added that the project is a clear demonstration of his campaign promises to the people and charged the political class in the state to be resolute in effecting positive change in the lives of the people.

The Elemure of Emure Ile, Oba Adedubaje Adeyefa thanked the governor and the company for bringing such huge investment to his domain and pledged their full loyalty to the Akeredolu led government.


https://tribuneonlineng.com/226652/

Beyond hemping down! Salutary!!

Good idea but I doubt its implementation.

Abeg how does egg powder work, cos am kinda confuse and excited at the same time

What happened to the Igbo trade?

nototribalist:
Abeg how does egg powder work, cos am kinda confuse and excited at the same time

not only u o. the only thing I know about dried fruits, vegetables,eggs etc is that they are better antioxidants than the fresh ones

Egg powder?
Which one is that one again?

Come, can soneone tell me what happened to Dustin powder and Morning Rose Powder?
Indomie children, please back off.

Nice one..Hopefully its not just done on paper.

Las Las na only 4.2bn dem go spend for there. The rest go turn history



Pukes

Until they really start production, no be today.

Good one from the government

nototribalist:
Abeg how does egg powder work, cos am kinda confuse and excited at the same time

I think once the chicken lay their eggs, we turn them to talcum powder............

Let the first phase be commissioned first before we can commend. I think that forecasted number of jobs expected is overhyped

I love it when a govt comes up with feasible and visible job creating projects.
I hope same applies here too as that will stand the governor out as probably the best in his league.
25k jobs no be moimoi.....That is , if this project is genuine.

If you are confused of what egg bounder is read this

It is like powder milk

It is dehydrated egg

Why is it dehydrated

Egg contain about 75% of what so
Why not remove the water sobthat it
Can last long and a large quantity can
Be transported.

How to use.

Miss it with appropriate amount of water
And use like normal egg.

We will believe it when we see it

Easier said than done.

Until we see it functioning.

If a private individual had said it we would have believed

Good development. May the project comes true and uplift the lives of many.

Igbo Amaka. Obanua an Igbo man from Asaba making huge strides.

Thank God it's not about Cannabis sativa
Note dollars to the economy if implemented.

nototribalist:
Abeg how does egg powder work, cos am kinda confuse and excited at the same time

its gonna be like custard

martineverest:
not only u o. the only thing I know about dried fruits, vegetables,eggs etc is that they are better antioxidants than the fresh ones

Me too I'm confused

White elephant loading!!

It won’t work for soo many reasons.

I can’t remember ever seeing egg powder.
Moreover, the article states that once the eggs are in liquid form could last up to 18months.
When did powder become liquid?
Don’t get me wrong. I have seen egg nog and they are in liquid.

Misappropriation of funds

42bn naira! After u will be accusing oyo governor of have excess money. Ordinary egg powder one can process in dere back yard without stress, now u want to spend almost 50, 0000,0000,000 to construct. God will punish una generations.

Just wasting resources that is not even sufficient..




Naija which way.