BusinessDay
Nigeria's leading finance and market intelligence news report.

Value4Dairy Consortium eyes dairy revolution in Nigeria

…as FG plans to accelerate sector

FrieslandCampina WAMCO has partnered URUS, Barenbrug and Agrifirm to form Value4Dairy Consortium in a bid to increase self-sufficiency in Nigeria’s dairy sector.

The partnership was officially formed on Tuesday at a virtual event which attracted stakeholders in the private and the public sectors.

The consortium brings to the dairy sector specialised milk collection and processing (FrieslandCampina WAMCO), better breeding (URUS), proper roughage production (Barenbrug) and fitting animal feed (Agrifirm).

The partners are expected to integrate the dairy sector and formulate homegrown methods to solve challenges, which previously hindered growth.

According to these experts, the dairy development gains made by FrieslandCampina WAMCO in Nigeria still need public sector collaboration to scale up and expand.

Speaking at the launch, Ben Langat, managing director, FrieslandCampina WAMCO Nigeria PLC, explained: “Over the past months, we have discussed with these partners on ways to accelerate the progress of the Nigerian dairy sector.”

Langat said that the goal of FrieslandCampina WAMCO was 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,” he said.

“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 noted.

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.

Vice President Yemi Osinbajo has welcomed the initiative, saying it will transform the industry. He was represented by the Minister of Industry, Trade and Investment, Otunba Niyi Adebayo.

“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,” Osinbajo said.

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.

Whatsapp mobile

Get real time updates directly on you device, subscribe now.