Wednesday, 24 June 2026

$250 Million Dairy Project Set to Strengthen Nigeria’s Agricultural Value Chain in Ogun

A major investment in Nigeria’s agricultural sector is set to take shape in Ogun State, where Pure Dairy Herds has unveiled plans for a large-scale dairy farming project backed by an initial investment of $250 million.

The development is expected to boost local milk production, expand employment opportunities, and support efforts to strengthen Nigeria’s agricultural value chain at a time when the country is seeking greater productivity and self-sufficiency in food production.

Pure Dairy Herds, a specialised cattle and milk production company, says the project will rank among the largest dairy farms in the country. The company is working with international experts to develop a world-class facility designed to increase domestic dairy output and support long-term growth in the sector.

The announcement followed a meeting between the company’s representatives and Ogun State Governor Dapo Abiodun at the Governor’s Office in Oke-Mosan, Abeokuta, where plans for the ambitious investment were discussed.

According to the company’s representative, Mr Farouk Gumel, preparations have already advanced beyond the planning stage. He disclosed that land acquisition for the project has been completed in Ogun West Senatorial District, positioning the company to begin development activities on the site.

The choice of Ogun State, he explained, was driven by a combination of factors that have increasingly attracted investors to the state. These include policies aimed at supporting business growth, a conducive investment climate, and ongoing infrastructure projects, particularly across Ogun West.

For the company, the project also reflects confidence in the local environment and the communities that will host the development.

“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,” Gumel said.

He noted that the company is particularly encouraged by developments taking place in Ogun West, describing the district as an area with enormous potential for large-scale agricultural investments.

“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,” he added.

While the project is launching with an initial commitment of $250 million, the investment could grow significantly over time. Gumel revealed that the company intends to expand its operations as development progresses.

“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 said.

Attention is now turning to the next phase of the project. The company disclosed that arrangements are being finalised for a groundbreaking ceremony, which is expected to take place within the next two to three weeks.

Beyond the scale of the investment, the planned dairy farm represents another important step in unlocking the potential of Nigeria’s agricultural economy. By increasing local dairy production and creating new economic opportunities, the project is expected to stimulate business activity across Ogun West while reinforcing Ogun State’s growing reputation as a preferred destination for both local and foreign investment.

As construction plans move forward, the initiative underscores the role of strategic private-sector investment in advancing Nigeria’s agricultural transformation and building stronger value chains capable of supporting future growth.

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