President Muhammadu Buhari has inaugurated the N30 billion Integrated Feed Mill, Hatchery and Breeder Farm in Kaduna. Middle East Olam International Business Head, Mr. Vinod Kumar Mishra, had earlier said that when inaugurated, the multi-million dollar investment would utilize around 180,000 tonnes of corn and 75,000 tonnes of soya beans for its feed production.
Mishra said the company has the capacity to produce 360,000 tonnes of animal feeds every year. He said the company would also produce one-point-six million day-old-chick every week. He said that it would boost the production of maize and soybeans as well as the development of the Nigerian poultry and aquaculture sectors.
According to him, the 50,000 tonnes of on-site storage, in addition to a similar capacity of outsourced storage, will support food security and price stabilisation.
Governor Nasiru El-Rufai of Kaduna state while performing the ground-breaking ceremony of the farm at in April 2016 had said that the project would create a lot of employment opportunities.