Fan Milk Plc, a leading player in the dairy sector, has announced a strategic partnership with respect to a farm operated by Obasanjo Farms Nigeria Limited. The partnership is aimed at advancing dairy farming expansion and promoting local sourcing in Nigeria.
The farm is established on a 2500-hectare piece of land,
situated in Iseyin, Oyo State. Fan Milk will import 100 pregnant heifers from
Egypt, while Obasanjo Farms Nigeria Limited would provide 300 heifers within
the first year of project and it is expected that the farm would double by end
of December 2026.
Fan Milk Plc will off-take the fresh milk produced according
to the terms of the 5-year partnership agreement and will provide training and
technical capacity building for the personnel.
The collaboration will lead to the creation of employment
opportunities, particularly in rural areas. Both companies are committed to
engaging with local communities to foster positive relationships, address
social concerns, and promote responsible corporate citizenship.
Former Nigerian
Presitdent and Chairman of Obasanjo Farms Limited, Chief Olusegun Obasanjo said:
“We are excited to partner with Fan Milk PLC to drive forward dairy farm
expansion and local sourcing initiatives. By investing in training and
capacity-building programmes for local farmers, we will empower communities,
enhance productivity, and contribute to the development of Nigeria’s
agricultural sector.
Signing the MoU: Chief Olusegun Obasanjo Chairman of Obasanjo Farms Limited and Mr Vikram Agarwal, Global Chief Operations Officer Danone. |
“Joint investments in research and development will introduce modern farming techniques, advanced technologies, and sustainable practices to optimize dairy production while minimizing environmental impact,” the former President added.
Mr Herve Barrere, the General Manager of Danone Sub-Saharan
Africa said: “The partnership emphasizes the importance of sourcing raw
materials locally, empowering local farmers, improving their livelihoods, and
contributing to the growth of the agricultural sector.
This partnership marks a significant milestone in Fan Milk
PLC’s commitment to backward integration, following the successful launch of
its model dairy farm in Odeda Ogun State and training for local dairy farmers
in the Odeda Dairy Training Institute in 2022. It also aligns with some of the
current government administration’s 8-point agenda, including ensuring food
security, promoting economic growth and job creation, and ending poverty.”
Signing the MoU: Chief Olusegun Obasanjo Chairman of
Obasanjo Farms Limited and Mr Vikram Agarwal, Global Chief Operations Officer
Danone.
Speaking on the Partnership, Olusegun Ariyo, the Project
Lead for Obasanjo Farms Nigeria Limited stated that “We are very pleased to be
partnering with Fan Milk PLC (A Danone Company) on this remarkable journey.
This is no doubt important towards achieving the ambitions we have for the
Nigerian dairy industry, and both Companies are taking steps towards a more
efficient and economically sustainable environment for dairy farming in
Nigeria.”
Mr Kayode Adebiyi, Managing Director of Fan Milk PLC stated
that “the strategic partnership between Fan Milk PLC and Obasanjo Farms Nigeria
Limited is designed to leverage the strengths of both companies to enhance
local dairy production, reduce import dependency, and foster sustainable
agricultural practices”.
Olakunle Olusanya, Director, Legal Public Affairs, and
General Secretary, stated that this partnership was strategic for the Company
and a testament to Fan Milk Plc’s commitment to fostering sustainable dairy
development, increasing local food security and improving the business
ecosystem in Nigeria. He further stated this will boost the local sourcing
strategy that addresses the imminent challenges with milk sourcing importation
in Nigeria.
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