• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Agriculture

Qatar’s largest dairy producer, Baladna, to establish multi-million dollar dairy facility in Ogun State 

Rosalia Ozibo by Rosalia Ozibo
June 24, 2025
in Agriculture, Deal Signals, Economy, Sectors
Qatar’s largest dairy producer, Baladna, to establish multi-million dollar dairy facility in Ogun State 
Share on FacebookShare on TwitterShare on Linkedin

Qatar’s largest dairy producer, Baladna, is set to establish a multi-million-dollar dairy and food processing facility in Ogun State to strengthen Nigeria’s domestic dairy production and reduce reliance on imports.

The announcement was made during a courtesy visit by the Baladna team, accompanied by the Executive Secretary of the Nigeria Investment Promotion Commission (NIPC), Aisha Rimi, to Governor Dapo Abiodun in Abeokuta.

Governor Abiodun welcomed the development and assured Baladna of Ogun State’s full support, highlighting the state’s favourable investment climate and proximity to Nigeria’s largest consumer markets.

RelatedStories

U.S. Consulate launches 29th American space in Nigeria, deepens people-to-people ties 

U.S. Consulate launches 29th American space in Nigeria, deepens people-to-people ties 

July 4, 2025
Aisha Rimi, NIPC

NIPC, Nairametrics partner on publishing investment signals, investor intentions in Nigeria

May 26, 2025

“We had the pleasure of receiving Baladna, a Qatari-based dairy giant, as it sets plans in motion to establish a multi-million dollar food and dairy facility in Ogun State. 

“Their visit to Abeokuta, alongside the Executive Secretary of the Nigeria Investment Promotion Commission (NIPC), Aisha Rimi, marks a pivotal moment in our ongoing drive for agro-industrial transformation. 

“As global climate concerns and supply chain disruptions intensify, this initiative strongly aligns with our vision of positioning Ogun State as a center of agri-based innovation, food security, and inclusive job creation. We are confident that with the right partnership, Ogun can achieve dairy self-sufficiency and reduce national dependence on imports. 

“We reaffirm our administration’s commitment to providing a seamless, investor-friendly environment devoid of bureaucratic hurdles. This investment stands to create thousands of jobs, enhance productivity, and significantly boost our state’s GDP—advancing both the Renewed Hope Agenda of the Federal Government and our own mission of building a stronger, more prosperous Ogun State,” he said.

More insights 

Baladna is globally known for operating the world’s largest integrated dairy farm and producing over 1.7 billion litres of milk annually in Algeria. With this new facility, the company aims to replicate its integrated dairy model in Nigeria by investing in land, feasibility studies, and domestic production infrastructure.

The project aligns with federal government initiatives to drive food security and reduce the country’s annual dairy import bill, currently estimated at $1.5 billion.

The Executive Secretary of the NIPC, Aisha Rimi, who accompanied the delegation, noted that the Commission is committed to attracting and supporting high-impact foreign investments in strategic sectors like agriculture.

She said Baladna’s entry into Nigeria represents a key win for Nigeria’s investment promotion drive and shows that global agribusinesses are gaining confidence in the Nigerian economy.

What you should know 

Ogun State is fast becoming Nigeria’s leading destination for industrial investment. In May 2025, a $50 million investment was made by Mamuda Group Nigeria Limited through its subsidiary, Mamuda Beverages. The facility is expected to begin construction with a foundation-laying ceremony next month, will operate in phases across food, personal care, and agro-processing sectors.

The state government signed a strategic partnership with Brazilian energy firm Ambar Energia in March 2025 to improve power supply to industrial clusters. The plan is to deliver localized, reliable electricity to industrial hubs like Ijebu-Ode, Atan-Agbara, and Abeokuta, which currently struggle with inadequate power to support over 6,000 industries. This is expected to enhance output in key areas such as cement production, cassava processing, poultry, and egg farming.

Also, a $400 million investment in a Stellar Steel Plant by Inner Galaxy Group is underway in Sagamu. The project spans over 100 hectares and will produce hot-rolled coil steel, scheduled for completion by April 2026. The project is designed to slash Nigeria’s $4 billion steel import bill, strengthen foreign reserves, and bolster local capacity. Over 3,500 direct and indirect jobs are expected to be created.


Follow us for Breaking News and Market Intelligence.
Tags: Aisha RimiBaladnaDapo Abiodun
Rosalia Ozibo

Rosalia Ozibo

Related Posts

U.S. Consulate launches 29th American space in Nigeria, deepens people-to-people ties 
Companies

U.S. Consulate launches 29th American space in Nigeria, deepens people-to-people ties 

July 4, 2025
Aisha Rimi, NIPC
Companies

NIPC, Nairametrics partner on publishing investment signals, investor intentions in Nigeria

May 26, 2025
Mamuda Group to invest $50 million in Ogun State industrial expansion 
Business

Mamuda Group to invest $50 million in Ogun State industrial expansion 

May 14, 2025
 Aisha Rimi to champion inclusive investments at NCMA 2025 
Companies

 Aisha Rimi to champion inclusive investments at NCMA 2025 

May 8, 2025
Ogun Govt plans film and entertainment village, begins Olumo Rock, MKO residence renovation 
Business News

Ogun Govt plans film and entertainment village, begins Olumo Rock, MKO residence renovation 

April 5, 2025
French aerospace company Dassault Aviation considers setting up MRO facility at Ogun’s Gateway Airport 
Aviation

French aerospace company Dassault Aviation considers setting up MRO facility at Ogun’s Gateway Airport 

April 5, 2025
Next Post
Governor Sanwo-Olu to be honoured at Nairametrics Capital Market Awards for positioning Lagos as West Africa’s financial hub 

Lagos launches digital house numbering to tackle tax evasion, others 

Comments 1

  1. Henry Chinedu Ene says:
    June 24, 2025 at 7:22 pm

    I also learnt that a Refinery and Petrochemical plant called gasoline refinery and petrochemical plants funded by China is also coming up in IPOKIA,OGUN STATE.
    The governor is the best governor in Nigeria for now
    Congratulations to him.

    Reply

Leave a Reply Cancel reply

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

Emple
nlng
first bank








DUNS

Recent News

  • Abia Govt secures $263.8 million from AfDB, IsDB for road, erosion, and waste management projects 
  • EFCC secures jail term, forfeiture of N653 million from traveller who concealed cash at Kano Airport 
  • FG adopts front-of-pack labelling to tackle diet-related diseases and cut NCD deaths

Follow us on social media:

Recent News

AfDB, AI

Abia Govt secures $263.8 million from AfDB, IsDB for road, erosion, and waste management projects 

July 16, 2025
EFCC secures jail term, forfeiture of N653 million from traveller who concealed cash at Kano Airport 

EFCC secures jail term, forfeiture of N653 million from traveller who concealed cash at Kano Airport 

July 16, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

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

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics