Promasidor, Ekiti govt collaborate on Ikun Dairy Farm

PROMASIDOR Nigeria Limited has signed a partnership agreement with Ekiti State Government to drive its backward integration initiative, aimed at creating local source of raw materials for its dairy products through the state- owned Ikun Dairy Farm.

The pact was sealed on behalf of the partners by the Ekiti State Governor, Dr. John Kayode Fayemi and the Managing Director of Promasidor Nigeria Limited, Anders Einarsson in Abuja, recently.

This project will enable Promasidor utilise the potential of Ikun Dairy Farm in the making of milk and other products of nutritional value which helps to enhance human growth.

Commenting on the agreement, Fayemi  expressed the state’s  delight at  collaborating with a major player in the fast-moving consumer goods sector that is deeply committed to the wellbeing of consumers through its array of quality products.

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The Governor affirmed that the partnership would enhance the backward integration initiative of Promasidor, in compliance with  the Federal Government’s directives that companies should seek local source of raw materials for their products, thus ensuring local content development.

Fayemi disclosed that Ikun Dairy Farm, established in 1980 with hundreds of fattened cows, could serve as a source of milk supply to produce evaporated milk and other nutritional products, create more employment opportunities and increased nutritional products.

In his remark, the Managing Director of Promasidor Nigeria Limited, Anders Einarsson,  expressed the belief that the  Ikun Dairy Farm would in no small measure provide opportunities to enhance local milk production, an exciting opportunity for the company.

The Promasidor boss corroborated Fayemi’s view that the partnership would also lead to further employment and other viable source of livelihood for people in the state.

He explained that Promasidor’s backward integration initiative would give the company an edge over others in the dairy market with the potentials of the farm.