Qatar’s largest dairy producer, Baladna, is about to determine a multi-million-dollar dairy and meals processing facility in Ogun State to strengthen Nigeria’s home dairy manufacturing and scale back reliance on imports.
The announcement was made throughout a courtesy go to by the Baladna crew, accompanied by the Govt Secretary of the Nigeria Funding Promotion Fee (NIPC), Aisha Rimi, to Governor Dapo Abiodun in Abeokuta.
Governor Abiodun welcomed the event and warranted Baladna of Ogun State’s full assist, highlighting the state’s beneficial funding local weather and proximity to Nigeria’s largest shopper markets.
“We had the pleasure of receiving Baladna, a Qatari-based dairy big, because it units plans in movement to determine a multi-million greenback meals and dairy facility in Ogun State.
“Their go to to Abeokuta, alongside the Govt Secretary of the Nigeria Funding Promotion Fee (NIPC), Aisha Rimi, marks a pivotal second in our ongoing drive for agro-industrial transformation.
“As world local weather issues and provide chain disruptions intensify, this initiative strongly aligns with our imaginative and prescient of positioning Ogun State as a middle of agri-based innovation, meals safety, and inclusive job creation. We’re assured that with the best partnership, Ogun can obtain dairy self-sufficiency and scale back nationwide dependence on imports.
“We reaffirm our administration’s dedication to offering a seamless, investor-friendly setting devoid of bureaucratic hurdles. This funding stands to create 1000’s of jobs, improve productiveness, and considerably increase our state’s GDP—advancing each the Renewed Hope Agenda of the Federal Authorities and our personal mission of constructing a stronger, extra affluent Ogun State,” he stated.
Extra insights
Baladna is globally recognized for working the world’s largest built-in dairy farm and producing over 1.7 billion litres of milk yearly in Algeria. With this new facility, the corporate goals to duplicate its built-in dairy mannequin in Nigeria by investing in land, feasibility research, and home manufacturing infrastructure.
The challenge aligns with federal authorities initiatives to drive meals safety and scale back the nation’s annual dairy import invoice, at present estimated at $1.5 billion.
The Govt Secretary of the NIPC, Aisha Rimi, who accompanied the delegation, famous that the Fee is dedicated to attracting and supporting high-impact overseas investments in strategic sectors like agriculture.
She stated Baladna’s entry into Nigeria represents a key win for Nigeria’s funding promotion drive and exhibits that world agribusinesses are gaining confidence within the Nigerian economic system.
What you must know
Ogun State is quick turning into Nigeria’s main vacation spot for industrial funding. In Could 2025, a $50 million funding was made by Mamuda Group Nigeria Restricted via its subsidiary, Mamuda Drinks. The power is predicted to start building with a foundation-laying ceremony subsequent month, will function in phases throughout meals, private care, and agro-processing sectors.
The state authorities signed a strategic partnership with Brazilian power agency Ambar Energia in March 2025 to enhance energy provide to industrial clusters. The plan is to ship localized, dependable electrical energy to industrial hubs like Ijebu-Ode, Atan-Agbara, and Abeokuta, which at present battle with insufficient energy to assist over 6,000 industries. That is anticipated to reinforce output in key areas akin to cement manufacturing, cassava processing, poultry, and egg farming.
Additionally, a $400 million funding in a Stellar Metal Plant by Internal Galaxy Group is underway in Sagamu. The challenge spans over 100 hectares and can produce hot-rolled coil metal, scheduled for completion by April 2026. The challenge is designed to slash Nigeria’s $4 billion metal import invoice, strengthen overseas reserves, and bolster native capability. Over 3,500 direct and oblique jobs are anticipated to be created.
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