Governor Oyebanji Visits Promasidor Plant, Reaffirms Commitment to Business-Friendly Policies
Ekiti State Governor, Mr Biodun Oyebanji, has reaffirmed his administration’s commitment to creating a business-friendly environment that enables investors to thrive in the state.
Governor Oyebanji gave the assurance on Tuesday during a working visit to Promasidor Nigeria Limited in Lagos State, as part of efforts to facilitate the expansion of Ikun Dairy Farm, a key investment in the state’s agriculture sector aimed at enhancing productivity and profitability.
Speaking during the visit, Governor Oyebanji highlighted the significance of Ikun Dairy Farm, which operates under a Public-Private Partnership (PPP) with Promasidor, to the state’s economy and its potential to boost local milk production while reducing the country’s dependence on imported dairy products.
He assured Promasidor’s management of his government’s readiness to address all challenges hindering the smooth operation and expansion of the project.
Acknowledging the rising cost of production across sectors, Oyebanji emphasised the state government’s vision for Ikun Dairy Farm to fulfil the purpose for which it was originally established.
“I am aware of some of the challenges in respect to land, irrigation, the need to scale up security, and also how we can structure a process that will reduce the cost of production so that you can make more profit because how to transport from Ekiti to Lagos is a lot of issues and we are dealing with that and I hope very soon there will be a way out.
“As a government, we see Ikun Dairy Farm as our baby and Promasidor as our strategic partner in our quest to develop our state and also share prosperity among all citizens,” the Governor said.
The Chief Executive Officer of Promasidor Nigeria Limited, Mr Francois Gillet, expressed appreciation to the Governor for his visit and continued support for Ikun Dairy Farm, describing it as a demonstration of the Governor’s commitment to fostering public-private partnerships in the state.
Thanking the state government for providing a conducive business environment, Gillet noted that the support has enabled the farm to scale up its operations significantly, achieving a daily milk production of over 6,000 litres. He added that this milestone not only reflects the project’s success but also its potential to contribute substantially to local economic growth and employment.