Ekiti State Government & Promasidor Nigeria intensify effort to grow dairy agribusiness in
On Thursday 22nd of April 2021, Ekiti State Government & Promasidor Nigeria took delivery
of 250 pregnant heifers from the United States of America.
It is worthy of note that this is the second batch of heifers arriving the farm after the first
arrival on February 10th this year. It is in line with the objectives of the state government
and Promasidor to make the dairy farm a model of backward integration on a commercial
Upon calving, the milk production on the farm will definitely be boosted by the Jersey
heifers’ arrival as they are expected to produce an average of 20 litres of milk per day per
In a bid to bring the efforts of Promasidor on the farm to fruition, the Ekiti State
Government has ensured all issues with landowners were resolved and full access to land
granted for use. They also ensured the connection of the farm to the national grid for
regular power supply.
It is important to also mention the immense support from the Central Bank of Nigeria (CBN)
that includes access to facilities to boost investment on the farm and their
recommendations that aided the smooth importation of the heifers into the country
The company’s focus to revamp the moribund Ikun Dairy Farm is in line with the Federal
Government’s policy on backward integration initiated by the Central Bank of Nigeria (CBN).
Ikun Dairy Farm Limited was incorporated on 22nd January 2020 as an integrated agro-allied
concern. It is an initiative of Promasidor Nigeria and the Ekiti State Government through its
Investment company, Fountain Holdings Limited.