Business International News Society Trending News

VP Osinbajo Lauds Value4Dairy Consortium Set To Accelerate Nigeria’s Dairy Sector

By: HighCelebritySquard

 

Vice President Yemi Osinbajo has welcomed the strategic partnership of FrieslandCampina WAMCO, URUS, Barenbrug and Agrifirm tagged Value4Dairy Consortium in their commitment to increase self-sufficiency in Nigeria’s dairy sector.

Osinbajo made this known at the virtual launch of the consortium on Tuesday April 20, 2021 represented by the Minister of Industry, Trade and Investment, Otunba Niyi Adebayo saying that “with FrieslandCampina WAMCO as the processor to deliver the end chain; this partnership will drive increased domestic consumption of processed milk and milk products and the expected industry growth.”

The Minister of Agriculture and Rural Development, Alhaji Mohammed Sabo Nanono also commended the consortium saying: “I am confident that the consortium will drive inclusive engagement and positively influence the development of national livestock initiatives at various levels of government.”

The partnership is built on the companies’ global achievements and experiences with which they will accelerate sustainable dairy development to deliver high quality nutrition for everyone involved in the dairy chain from farmer to consumer.

The consortium brings to the dairy sector specialized milk collection and processing (FrieslandCampina WAMCO), better breeding (URUS), proper roughage production (Barenbrug) and fitting animal feed (Agrifirm). They will help to integrate the dairy sector and formulate homegrown methods to solve challenges, which previously hindered growth. According to these experts however, the dairy development gains made by FrieslandCampina WAMCO in Nigeria still need public sector collaboration to scale up and expand.

Speaking at the launch, the Managing Director, FrieslandCampina WAMCO Nigeria PLC, Ben Langat explained: “Over the past months, we have discussed with these partners on ways to accelerate the progress of the Nigerian dairy sector. Our goal is to invest in local business models to enable the dairy sector become self-sufficient and profitable throughout the entire chain.

“Only a sector with a healthy return on investment can be self-sufficient and will survive in the long term. We are proud to state that these three professional companies with proven track records believe in developing the Nigerian dairy sector with FrieslandCampina WAMCO. They are top of the global expertise in the dairy sector with proven performance and excellent reputation as well as maintain world-leading market positions” Langat said.

The consortium is already working on steps that will increase local milk production and processing; which will include combined infrastructures for the distribution of milk and semen. They will train farmers to succeed more with better cow semen, grass seeds and feed supplements. The business model along the entire dairy chain is expected to become more efficient and attractive to further investments; with the ultimate ambition of promoting a thriving and self-sustaining dairy sector.

 

 

Please follow and like us:

Leave a Reply

Your email address will not be published. Required fields are marked *