The confidence of investors in Ogun State continues to grow as Pure Dairy Herds, led by Mr. Farouk Gumel, announced plans to establish one of the largest dairy farms in Nigeria in Ogun West Senatorial District with an initial investment of $250 million.
The company has completed the acquisition of land for the project and is collaborating with international experts to develop a world-class dairy farm that will boost local milk production, strengthen Nigeria's agricultural value chain, and contribute significantly to national food security.
Mr. Farouk Gumel explained that Ogun State was selected because of the State's investor-friendly policies, conducive business environment, strategic location, and ongoing infrastructure development, particularly in Ogun West. He also commended the host communities for their cooperation and support, describing the area as highly suitable for large-scale dairy farming.
Ogun State was selected because of its investor-friendly policies, conducive business environment, strategic location, and ongoing infrastructure development.
The landmark investment is expected to create substantial employment opportunities, stimulate economic activities, support local businesses, and expand opportunities within the agricultural sector. The project further validates Ogun State's efforts to position the State as the leading destination for investment, innovation, and enterprise in Nigeria.
The Ogun State Government extended its sincere appreciation to the Nigerian Investment Promotion Commission (NIPC) for its support and facilitation in bringing this transformative investment to Ogun State. The Commission's commitment to promoting Nigeria as an attractive investment destination continues to yield positive results for the State's economy and its people.
As preparations commence for the groundbreaking ceremony in the coming weeks, Ogun State remains focused on creating an enabling environment that attracts sustainable investments, drives economic diversification, and delivers lasting prosperity for the people of Ogun State.
