Buhari Inaugurates N30b Olam Poultry, Feed Mill in Kaduna

President Muhammadu Buhari on Tuesday inaugurated the N30 billion Integrated Feed Mill, Hatchery and Breeder Farm in Kaduna State.

While cutting the red tape, Buhari stated that agriculture is the only eviable option to diversify Nigerian economy, as he commended the company for investing in the country.

After the Kaduna State Governor, Nasir El-rufai, gave his address at the ceremony, President Buhari left for Abuja to attend to other matters.

Olam International Business Head, Middle-East, Mr. Vinod Kumar Mishra, had earlier declared that when inaugurated, the multi-million dollar investment would utilise around 180,000 tonnes of corn and 75,000 tonnes of soya beans for its feed production and create 50, 000 jobs.

Mishra said the company had the capacity to produce 360,000 tonnes of animal feeds every year and would also produce 1.6 million day-old-chick every week.

He stated that it would boost the production of maize and soybeans as well as the development of the Nigerian poultry and aquaculture sectors.

According to him, the 50,000 tonnes of on-site storage, in addition to a similar capacity of outsourced storage, will support food security and price stabilisation.

He said that training on farming practices would be offered to farmers in collaboration through collaboration with Federal and the state governments to increase farm yields and crop profitability.

Similarly, Governor Nasiru El-Rufai of Kaduna state had on April 10, 2016 laid the foundation of the project which is adjudged the biggest of its kind in Sub-Sahara Africa.

“The project is a state-of-the-art with animal feed mills, poultry breeding farms and a hatchery that will produce 1.6 million weekly day-old-chicks,” he had stated.

NAN reports that El-Rufai, while performing the ground-breaking ceremony at Chikpiri Gabas village, in April 2016, said the project was not about the size of its facility, but the employment opportunities that would be created in building and running the poultry project.