Baladna to Establish Multi-Million Dollar Dairy Facility in Ogun State

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CBN

Qatar’s largest dairy producer, Baladna, is set to establish a multi-million dollar food and dairy factory in Ogun State. The announcement came during a courtesy visit by Baladna’s team, alongside the Executive Secretary of the Nigeria Investment Promotion Commission (NIPC), Aisha Rimi, to Governor @DapoAbiodunCON in Abeokuta.

 

Baladna, known for running the world’s largest integrated dairy farm, aims to replicate its success in Nigeria by investing in local dairy production, land acquisition, and feasibility studies. The initiative aligns with ongoing federal efforts to improve food security and reduce Nigeria’s reliance on dairy imports, which currently cost the country up to $1.5 billion annually.

 

CBN

Governor Abiodun welcomed the partnership, assuring the company of Ogun State’s full support and a business-friendly environment. He emphasized that the project would boost job creation, enhance agricultural innovation, and significantly contribute to the state’s economic growth and the Federal Government’s Renewed Hope Agenda.

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