Chairman of Multi-Net Group, Dr. Uzoma Obiyo, has disclosed that his company is planning the construction of what he termed a “world class” poultry farm in Nigeria.
Obiyo further revealed that the amount for this project will be at a cost of N7 billion.
The Chairman further said that the organization will take full value chain of animal husbandry, which include breeding of animals, processing, up to abattoir development.
He observed that the fourteen breeding centres in the country have long been abandoned according to the company’s needs assessment carried out recently.
“We have an interest in developing world class poultry in Nigeria. It is very expensive to build world class poultry.
“After the visibility reports, Abuja, Niger and Imo States have been choosing as pilot states and about N7 billion will be needed to put it in place.”
“We know that the Federal Government has fourteen breeding centres in Nigeria. These breeding centres are abandoned, you can imagine how government own properties and they are under-utilized because they are unable to get private business and investment to drive them.
“And this is what the government of the day ought to be doing, offload to entrepreneurs who are willing to do business. You can’t continue to hold on to properties and investment and allow them to lay shallow.
“These breeding centres have been idle over the years and we have gone round to see, some of them are sitting on over 500,000 hectares of land with dilapidated properties, we can’t find any animal in them,” He said.
Multi-net Group Ltd is a leading investment holding company based in Abuja. With over 30 years high-level experience and investment success in several companies.