• About
  • Advertise
  • Contact
Tuesday, April 28, 2026
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Business

Qatari Firm Set To Establish Multi-Million Dollar Food Company In Ogun

Vital News by Vital News
June 24, 2025
in Business, News
0
Qatari Firm Set To Establish  Multi-Million Dollar Food Company In Ogun
Share on FacebookShare on Twitter

A Qatari-based dairy industry, Baladna, is set to establish a multi-million dollar food factory in Ogun State.

Baladna is an agricultural company that raises livestock and produces dairy products.

It is Qatar’s largest locally-owned food and dairy producer that supplies over 95 per cent of the country’s fresh dairy products.

The Head of Products and Solutions Architecture at Baladna, Mr. Aidan Thomas Iynan, disclosed this when he and other members of the company, led by the Executive Secretary of the Nigeria Investment Promotion Commission (NIPC), Aisha Rimi, paid a courtesy visit to the Ogun State Governor, Dapo Abiodun, in his office at Oke-Mosan, Abeokuta.

He said the government of Qatar and the company invested heavily in an integrated dairy farm, which has become the biggest single dairy farm in the world.

RelatedStories

Osun Government Denies Deposing Jailed Apetu Of Ipetumodu, Oba Gbenga Oloyede

NASCON Grows Profit To Over 100% To N33.5bln, Delights Shareholders With 200% Increase In Dividend Payment

Over 1,400 Africans Drawn Into Russia-Ukraine War, Hundreds Killed — Investigation Raises Alarm Across Continent

Nigeria No Longer A Safe Haven For Drug Cartels, Says UNODC

He stated that Nigeria and Ogun State, like Algeria, would achieve remarkable results in dairy farming with the expertise, technology, and capital from the organization.

He noted that the collaboration with the Algerian government is expected to produce 1.7 billion liters of milk a year and meet 50 per cent of milk supply for Algerians.

Iynan noted that with the current climate change, seven decades of drought in Syria, and flash floods in North America, the Mediterranean, and North Africa, it was imperative for Nigeria to work towards becoming self-sufficient in dairy production, as the situation is bound to put pressure on countries that depend on imports to address their food security.

“We can build farms that are highly efficient with world-class yields, and we can address not just dairy, meat, but also crop production,” he said.

He said the purpose of the visit was to explore possibilities in the country, regarding land acquisition and also to hold talks with the government of Ogun State on collaboration in order to develop plans and feasibility studies to push the plan through.

Also speaking, the Executive Secretary of NIPC, Aisha Rimi, said that despite Nigeria’s enormous potential in terms of population and increased urbanization, there is still low production of milk, which is below global standards.

According to her, despite Nigeria having one of the largest cattle populations on the continent, it can only meet about 50 per cent of its dairy needs, as it imports between $1.3 billion to $1.5 billion worth of dairy products annually.

The Executive Secretary emphasized that the government has introduced the National Dairy Policy, as well as the establishment of the Ministry of Livestock Development and the expansion of the National Livestock Transformation Plan, designed to improve local milk production and encourage the cultivation and processing of dairy products in the country.

In his response, Governor Abiodun observed that Nigeria’s demand for milk has jumped to 1.6 billion liters per year, with about 50-70 per cent coming from imports.

“A lot of people have been running around pretending to set up dairy farms.

“They applied for import substitute permits, but what we have seen today is that all they do is bring in powdered milk because powdered milk has been very profitable, and that is very unfortunate.

“I think that you represent the kind of company that we would like to work with, and we are confident that you will work with Nigeria to achieve the Renewed Hope Initiative in agriculture.

“If within one month you were able to achieve 35 per cent of milk supply in Qatar and within six months you became self-sufficient, I have no doubt that you can achieve that here in Nigeria.

“Your operations here will be like a walk in the park since we do not have deserts here,” the governor stated.

The governor highlighted the multiplying effects of having the company established in the state, noting that apart from job creation and individual prosperity, it would also lead to an increase in the Gross Domestic Product (GDP) of the nation.

While calling on the company to consider establishing itself in the state, Prince Abiodun noted that the company’s vision aligned with that of the state, assuring of seamless cooperation devoid of official bottlenecks.
(vitalnewsngr.com)

Tags: companyfoodOgunQatari
Previous Post

TMV Lauds Presidency For Improving Access To Consumer Credit Through CREDICORP

Next Post

NOC/NTF To Co-host Technical Course For Taekwondo Coaches In Abuja

Vital News

Vital News

RelatedStories

Osun Government Denies Deposing Jailed Apetu Of Ipetumodu, Oba Gbenga Oloyede
Culture

Osun Government Denies Deposing Jailed Apetu Of Ipetumodu, Oba Gbenga Oloyede

April 28, 2026
NASCON Grows Profit To Over 100% To N33.5bln, Delights Shareholders With 200% Increase In Dividend Payment
Business

NASCON Grows Profit To Over 100% To N33.5bln, Delights Shareholders With 200% Increase In Dividend Payment

April 28, 2026
Over 1,400 Africans Drawn Into Russia-Ukraine War, Hundreds Killed — Investigation Raises Alarm Across Continent
Foreign

Over 1,400 Africans Drawn Into Russia-Ukraine War, Hundreds Killed — Investigation Raises Alarm Across Continent

April 27, 2026
Nigeria No Longer A Safe Haven For Drug Cartels, Says UNODC
National

Nigeria No Longer A Safe Haven For Drug Cartels, Says UNODC

April 27, 2026
Army confirms Death Of Youth Corps Member During Gun Duel With Armed Robbers In Abuja
News

Army confirms Death Of Youth Corps Member During Gun Duel With Armed Robbers In Abuja

April 26, 2026
Next Post
Gumel Mourns Passing Of Saidu Abdullahi, President Of Taekwando Federation, Condoles Family

NOC/NTF To Co-host Technical Course For Taekwondo Coaches In Abuja

Hardship : PDP Governors Meet In Asaba, Call On FG To Rejig Economic Policies

100th NEC meeting of PDP : Your Comment Premature, Unauthorised, Damagun Tells National Publicity Secretary, Debo Ologunagba

PRESS RELEASE BY THE WESTERN BLOC OF THE NIGERIA UNION OF TEACHERS (NUT), KOGI STATE

PRESS RELEASE BY THE WESTERN BLOC OF THE NIGERIA UNION OF TEACHERS (NUT), KOGI STATE

Leave a Reply Cancel reply

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

Follow Us

Recommended

As Ogun Moves To Preserve Abeokuta-Sagamu Road  by Funmi Branco

Ogun Expresses Readiness To Take Over Lagos-Ota-Abeokuta Road Project, Lauds FG

3 years ago
MR PRESIDENT, YOUR ADDRESS DID NOT ADDRESS –  Taofiq Adesina Azeez

Maritime Security : Buhari, Gulf Of Guinea Heads Of State And Government To Meet In Ghana

3 years ago

NJC Reinstates Justice Rita Ofili -Ajumogobia

3 years ago
Kogi@32 : Allow Ododo To Succeed Me, ,Bello Appeals To Kogi Voters

Bello Sacks Anthony Ogah, Special Adviser On Stakeholders Relations

3 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • ICT
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election FG Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun PDP Police Power refinery rescue road Security students Tinubu troops US Women
No Result
View All Result

Highlights

NASCON Grows Profit To Over 100% To N33.5bln, Delights Shareholders With 200% Increase In Dividend Payment

Upgrading Our Refinery From 650,000 bpd To 1.4m bpd Will Lead To Employment Of 95,000 Skilled Workers – Aliko Dangote

Over 1,400 Africans Drawn Into Russia-Ukraine War, Hundreds Killed — Investigation Raises Alarm Across Continent

Nigeria No Longer A Safe Haven For Drug Cartels, Says UNODC

Gunmen Attack Orphanage In Kogi, Abduct 23 Children, Wife Of Proprietor, Govt Confirms Rescue Of 15 Victims

Army confirms Death Of Youth Corps Member During Gun Duel With Armed Robbers In Abuja

Trending

2027 : Reps. Member, James Faleke, Picks N100mln APC Presidential Forms For President Tinubu
Politics

2027 : Reps. Member, James Faleke, Picks N100mln APC Presidential Forms For President Tinubu

by Vital News
April 28, 2026
0

The member, representing Ikeja Federal Constituency in the House of Representatives, Hon. James Abiodun Faleke, has on...

Osun Government Denies Deposing Jailed Apetu Of Ipetumodu, Oba Gbenga Oloyede

Osun Government Denies Deposing Jailed Apetu Of Ipetumodu, Oba Gbenga Oloyede

April 28, 2026
Terrorists Invade CRIN, Abduct Four Cocoa Farmers In Ibadan

Governor Fintiri Confirms Killing Of 29 Residents By Terrorists In Adamawa Community

April 28, 2026
NASCON Grows Profit To Over 100% To N33.5bln, Delights Shareholders With 200% Increase In Dividend Payment

NASCON Grows Profit To Over 100% To N33.5bln, Delights Shareholders With 200% Increase In Dividend Payment

April 28, 2026
Upgrading Our Refinery From 650,000 bpd To 1.4m bpd Will Lead To Employment Of 95,000 Skilled Workers – Aliko Dangote

Upgrading Our Refinery From 650,000 bpd To 1.4m bpd Will Lead To Employment Of 95,000 Skilled Workers – Aliko Dangote

April 27, 2026
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • 2027 : Reps. Member, James Faleke, Picks N100mln APC Presidential Forms For President Tinubu April 28, 2026
  • Osun Government Denies Deposing Jailed Apetu Of Ipetumodu, Oba Gbenga Oloyede April 28, 2026
  • Governor Fintiri Confirms Killing Of 29 Residents By Terrorists In Adamawa Community April 28, 2026

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • ICT
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In