Dike Onwuamaeze
Olam Agri has commenced the event of its new $70 million Integrated Feed Mill facility in Ogwashi-Uku, Delta State.
The new funding on 99.99 hectares of land may have capability to ship 1,500-tonne-per-day poultry feed mill, a 300-tonne-per-day aqua feed mill and 125,000-tonne silo bag storage upon completion in 2027.
It will additional strengthen and develop its animal feed operations in West Africa and mark one other vital milestone in the corporate’s increasing funding in Nigeria’s agricultural sector.
Senior Vice President & Business Head of Integrated Feeds & Proteins, Olam Agri in Nigeria, Mr. Amit Agarwal, stated: “At Olam Agri, we consider constructing a resilient meals system requires a sustained funding in native manufacturing, infrastructure and the partnership that connects farmers’ companies and shoppers.
“The floor breaking of our new Integrated Feed Mill displays our confidence in Nigeria’s agricultural potential and our dedication to strengthening our capabilities throughout meals and feed.
“By establishing production capacity closer to customers in the South-South and South-East, we aim to improve access to quality animal feed, support the productivity of livestock farmers and contribute to the development of a more efficient and competitive livestock sector.”
Welcoming the funding, His Royal Majesty, Obi Ifechukwudi Okonjo II, stated: “We welcome Olam Agri’s funding in Ogwashi-Uku and recognise the alternatives this undertaking presents for our group and the broader Delta State.
