Promasidor Signs Pact with Ekiti State on Ikun Dairy Farm

Promasidor Nigeria Limited has signed a partnership agreement with Ekiti State Government to drive its backward integration initiative aimed at creating local source of raw materials for its dairy products through the state owned Ikun Dairy Farm.

The pact was sealed on behalf of the partners by the Ekiti State Governor, Dr. John Kayode Fayemi and the Managing Director of Promasidor Nigeria Limited, Anders Einarsson in Abuja, on Tuesday, July 23, 2019.

This project will enable Promasidor utilise the potentials of Ikun Dairy Farm in the making of milk and other products of nutritional value which helps to enhance human growth.

Commenting on the agreement, Fayemi stated that Ekiti State was delighted to collaborate with a major player in the fast-moving consumer goods sector that is deeply committed to the wellbeing of consumers through its array of quality products.

The Governor affirmed that the partnership would enhance the backward integration initiative of Promasidor, in compliance with Federal Government’s directives that companies should seek local source of raw materials for their products, thus ensuring local content development.

Fayemi disclosed that Ikun Dairy Farm, established in 1980 with hundreds of fattened cows, could serve as a source of milk supply to produce evaporated milk and other nutritional products, create more employment opportunities and increased nutritional products.

In his remark, the Managing Director of Promasidor Nigeria Limited, Anders Einarsson, who was highly elated with the progress made on backward integration, said Ikun Dairy Farm would in no small measure provide opportunities to enhance local milk production, an exciting opportunity for the company.

Read More: THISDAY

Governor Fayemi inspects Ikun Dairy farm facility

Source: TVC News Nigeria

US Mission Shares Photos of Ikun Dairy Farm in Ekiti State

Source: US Mission in Nigeria Twitter Account

227 pregnant cows arrive Ekiti to boost dairy farm, targets 10,000 litres of milk daily

Gov. Kayode Fayemi of Ekiti has said the state-owned Ikun Dairy Farm in Ikun- Ekiti, would serve as a prototype for National Livestock Transformation Plan in addressing farmers-herders crisis in the State.

Fayemi said this during an inspection of the newly-arrived 227 cows at the Ikun Diary Farm from the United States of America (USA) and the expansive land for the cultivation of hays.

He said the integrated farm, designed to commence production of 10,000 litres of milk daily, is a joint project of Ekiti State Government and Promasidor Diary Company.

Fayemi said the new pregnant cows will be confined to their sheds in the farm. He said about 500 hectares of land had already been acquired to grow fields that will be used to take care of the animals to prevent them from roaming about.

The governor said appropriate measures had also been put in place to connect water directly from Ero Dam to achieve a seamless water supply and irrigation process on the farm.

Read more: TheGuardian

Ikun Dairy Farm Resumes Milk Production after 40 Years

The Ikun Dairy Farm, Ikun-Ekiti, Moba Local Government, which the state government recently resuscitated, has started producing milk for the first time since it was established about 40 years ago.

The Ekiti State Commissioner for Information and Values Orientation, Mr Muyiwa Olumilua, who gave the information in Ado Ekiti on Tuesday, described the development as “a symbolic milestone” and sign of what to expect when the farm reaches full capacity.

Olumilua recalled that in July 2019, the state government had signed an agreement with Promasidor Nigeria Limited to form a joint venture company named Ikun Dairy Farm, located at Ikun-Ekiti.

According to him, Promasidor agreed to invest the sum of $5 million in the farm to procure, at least, 500 cows and processing equipment, as well as renovate the buildings in the farm.

He added that the farm would be expected to produce up to 10,000 litres of milk per day at full capacity.

Expressing satisfaction with the progress of work on the farm, Olumilua noted that in just a year after the agreement was signed, the farm had returned to life with over 120 cows in place, while 200 more were being expected before the year runs out.

“Arable farming has commenced in the area, while the promised renovation of buildings is ongoing, and over 30 people from the community have been employed by the company,” he said.

The Special Adviser to Governor Kayode Fayemi on Investments, Trade and Innovations, Mr Akintunde Oyebode, lamented that though the coronavirus pandemic affected the progress of work on the farm, the effect of the pandemic was not insurmountable and the farm would attain optimum capacity by the end of the year.

Oyebode assured that hundreds of direct and indirect job opportunities would be created when the farm attained full capacity and called on residents of the state to continue to support the efforts of the Fayemi-led administration at developing the state.

Source: Nigerian Investment Promotion Commission