Photos: Ogun Attracts $250 Million Investment To Establish Nigeria’s Largest Diary Farm
Ogun State Government has attracted a landmark $250 million investment by Pure Dairy Herd; a leading dairy enterprise specialized in cattle rearing and milk production, for the establishment of a world-class dairy farm in Itoro, Yewa South Local Government Area to further strengthen the State’s position as Nigeria’s leading destination for strategic agricultural investments.
The Commissioner for Agriculture and Food Security, Hon. Bolu Owotomo, disclosed this during a community engagement meeting between the investors and residents of Itoro, at the palace of the Onitoro of Itoro, Oba Nathaniel Fasina.
Speaking further on the investment, the Commissioner said that the project, upon completion, would become the largest dairy farm in Nigeria, with an initial capacity of approximately 10,000 dairy cows, which would significantly expand domestic milk production, create substantial employment opportunities, stimulate economic activity and strengthens Nigeria’s livestock and dairy value chain.
Owotomo, said the investment had further reflected the success of the investor-friendly policies and business environment created by the Ogun State Government under the leadership of Governor Dapo Abiodun, noted that Ogun State had continued to attract major investments across its agricultural landscape, including the proposed revitalisation of Apoje Plantation in Ijebu-Igbo, as well as investments in Obafemi Owode, Ikenne and Kajola in Ewekoro, among others.
The Commissioner disclosed that the investors had also committed to undertaking palliative repairs on roads leading to the project site to improve accessibility and facilitate the smooth commencement of operations.
Addressing concerns raised by members of the host community, Owotomo, assured affected landowners that adequate compensation would be paid in accordance with applicable laws and established procedures, explaining that the compensation framework would distinguish between owners of undeveloped land and those with economic trees and other cash crops on their properties.
He further assured the community that the State Government was taking the necessary legal steps to resolve pending court cases relating to the land, emphasising that the project would deliver significant socio-economic benefits to the host community through job creation, increased commercial activities, infrastructure development and improved livelihoods.
Responding on behalf of the investors, the Head of Liaison, Pure Dairy Herd (PDH), Alhaji Jamiu Adeleke, said the establishment of the company in Ogun State, which would ultimately become one of Nigeria’s largest dairy farms, would significantly boost local milk production, create employment opportunities and strengthen the agricultural value chain in both the State and the country at large.
Adeleke, explained that the company’s decision to invest in Ogun State was informed by its investor-friendly policies, conducive business environment and ongoing infrastructure development, pointing out that the investment was aimed at transforming Itoro into a major dairy production hub.
He added that the project aligned with the Federal Government’s industrialisation strategy, which prioritises heavy industry, local production and value addition as key drivers of economic diversification and sustainable national development.
In his remarks, the Onitoro of Itoro, Oba Nathaniel Fasina, commended the State Government for attracting such a landmark investment to the community, appealing to the government and investors to ensure that the host community derives meaningful and sustainable benefits from the project, particularly through employment opportunities and community development initiatives.
Oba Fasina, pledged the full cooperation and support of the people of Itoro towards the successful implementation of the project, expressing confidence that the investment would accelerate economic growth, unlock new opportunities and significantly improve the welfare of residents.
