Ogun State Governor, Dapo Abiodun, has attracted a fresh $250 million investment into the state’s agricultural sector following plans by Pure Dairy Herds, a specialised cattle and milk production company, to establish a mega dairy farm in Ogun West Senatorial District.
The company’s representative, Farouk Gumel, disclosed this on Tuesday after a meeting with the governor at the Governor’s Office, Oke-Mosan, Abeokuta.
Gumel said the project, which is being developed in partnership with international experts, is designed to boost local milk production and strengthen Nigeria’s agricultural value chain.
He revealed that the company had completed the acquisition of land for the project, paving the way for construction and other development activities.
According to him, Ogun State was selected because of its investor-friendly policies, conducive business environment and ongoing infrastructure development across the state, particularly in Ogun West.
Gumel commended the host communities for their support and cooperation, noting that the location was suitable for large-scale dairy farming operations.
“Ogun is the best. We already have a few operations in Ogun State, and this project is a testament to how well we have been received and treated,” he said.
He added, “We are fortunate to have Ogun State as our host, and we are particularly excited about moving into Ogun West, which holds great promise, especially with the critical infrastructure projects taking place in the area.”
Speaking on the scale of the investment, Gumel said the company was committing an initial $250 million to the project, with plans for further expansion.
“For now, we are looking at an initial investment of $250 million, but as we continue to expand, that figure is expected to increase,” he stated.
