Promasidor Plans to Establish Dairy Farm in Ekiti

Raheem Akingbolu

Promasidor’s Group Chief Executive Officer, Olivier Thiry, has visited Governor Kayode Fayemi of Ekiti State to consolidate the pact on Ikun Dairy Farm which will serve as source of local raw materials for the company’s milk production.

He was accompanied by top management of Promasidor Nigeria which included the Managing Director, Anders Einarsson, Director, External Relations, Andrew Enahoro and Senior Manager, Finance, Yomi Adenson, who were on a two-day visit to the state.

The Governor of Ekiti State, Dr. Kayode Fayemi, had inaugurated the Board of Directors for Fountain Holdings Limited, the principal investment company of Ekiti State. The visit was in furtherance of the Memorandum of Understanding signed in July last year, in Abuja by Einarsson and Governor Fayemi for the company’s backward integration initiative in the dairy sector. This was in line with the federal government’s policy that companies should source for local raw materials for their products to prevent an over dependence on foreign/ imported goods.

Speaking at the occasion, Olivier expressed delight at the partnership which has been seamless and his strong resolve in ensuring an enduring relationship with Ekiti State.

He said the move would ease the huge dependence on foreign raw materials.

The Promasidor’s

Chief stated that the company would ensure maximum exploitation of the farm’s potentials with the competent personnel who have been working earnestly to ensure successful operation.

“With the installation of upto-the-minute equipment and zeal in attaining our backward integration goal, we hope to have an edge over competitors in the dairy industry,” Olivier affirmed.

Explaining to Governor Fayemi and his team how the equipment at the farm are used, Einarsson promised that work would be completed soon for a robust operation.

He reiterated Promasidor’s preparedness in creating a viable economic base for Ekiti State through employment opportunities and the formation of small and medium enterprises from the positive impact that will ensued.

In his remark, Governor Fayemi expressed delight at the company’s eagerness in its source for raw materials and promised immense support in its resuscitation plan.