Leading Agro Firms Support Tuns Farms On NEGPRO
Leading operators in the agricultural sector in Nigeria have expressed their commitment and willingness to support Tuns Farms Nigeria Limited in its role as consultant and manager to the Federal Government on the National Egg Production (NEGPRO) scheme.
The latest major agricultural industry operators to back the scheme include Livestock Feeds PLC and Turner Wright Limited.
In a message to the management of Tuns Farms Limited, Managing Director of Livestock Feeds PLC, Mrs. Modupe Asanmo, described NEGPRO as a “laudable programme, which she believe will not only transform the poultry industry in Nigeria and but will indeed enable the industry to fully achieve its potential as a major source of revenue and employment generation for the country.
According to Asanmo, Livestock Feeds Plc, a subsidiary of UAC Nigeria Plc and presently the only commercial feed milling company quoted on the Nigerian Stock Exchange(NSE)will support Tuns Farms Limited to ensure that the NEGPRO scheme succeeds in every part of the nation.
“Livestock Feeds Plc operates two owned plants which are strategically located in Ikeja and Aba with a joint production capacity of 23mt/hour, while a Toll milling arrangement with Grand Cereals Limited takes care of our operations in the North and Onitsha axis (Edo, Delta, Anambra, Enugu and Ebonyi),making us available and visible pan Nigeria” she pointed out.
The Livestock Feeds boss expressed the company’s desire to fully participate in the NEGPRO scheme both as a supplier of finished feed and concentrate and also as a member of the Scheme Technical Committee (STC).
In a related development,a leading producer of animal health and animal nutrition products in Nigeria, Turner Wright Limited has sent a solidarity message to Tuns Farms Limited following the company’s appointment by the Federal Government as a consultant and manager of the NEGPRO scheme.
Managing Director of Turner Wright Limited Dr. Tunde Waheed Lawal noted that the company is ready to put its wealth of experience in the animal health and nutrition subsector at the disposal of Tuns Farms to ensure the successful implementation of NEGPRO scheme.
Tuner Wright Limited had in 2006, established the first indigenous pharmaceutical manufacturing plant in Nigeria dedicated to veterinary pharmaceuticals.
Recalled that the Federal Ministry of Agriculture and Tuns Farms Nigeria Limited two weeks ago in Abuja signed a N25 billion agreement on NEGPRO scheme to be financed by the Bank of Industry (BOI).
The agreement was signed on behalf of the Federal Ministry of Agriculture and Rural Development by the Honorable Minister of Agriculture and Rural Development, Chief Audu Ogbeh and the Chairman of Tuns Farms Limited Asiwaju Olatunde Badmus.
As part of its role as manager of the scheme, Tuns Farms Limited will recommend eligible entrepreneurs to access the N25 billion facility through the Bank of Industry (BOI).
The company will also develop customised and standard feed concentrate for the scheme to ensure uniformity.
In addition, the company will recommend standard specification and costing for the scheme, monitor activities of entrepreneurs involved in the Scheme, support the Bank of Industry (BOI) through the National Technical Committee in the selection process of commercial banks to disburse and recoup the N25 billion anchor borrower facility from the Central Bank of Nigeria (CBN) as well as select entrepreneurs/stakeholders across the country for recommendation to the Technical Committee for final ratification and appointment to participate in the scheme.
Tuns Farms Nigeria Limited ranks among the top three producers of broiler meat in Nigeria, with over three decades of continuous development and improvement in all areas of integrated operations.
The company is a leading producer of quality broiler meat and other chicken derivatives in Nigeria.