The plan by the Buhari administration to revive the nation’s
economy through agriculture and agro-allied industries is set to receive
a major boost on May 21, 2016 when the foundation laying ceremony of an animal feed factory takes place in Abuja.The factory, Rico Gardo, when operational, will produce animal
feeds of various types, including for cattle, small ruminants, horse and
poultry.
Rico Gardo already produces animal feed in its factory in Numan, Adamawa State.
The feed company, to be sited at Idu Industrial District in the
Federal Capital Territory, would provide thousands of direct and
indirect jobs as well as conserve scarce foreign exchange for the
country by providing high quality made-in-Nigeria animal feed for the
nation’s livestock sector.
Based on the success and impact of the Numan factory, industry
analysts and livestock experts say that the Abuja factory, when
operational, would play a significant role in providing feed for
millions of cattle that presently roam the country in search of pasture.
The company was incorporated in 2013 as a joint venture agreement
between GeseDerdirabe Holdings of Yola Adamawa State, Nigeria is owned
by businessman and philanthropist, Atiku Abubakar, a former Nigerian
Vice President, and Rico GadoNutracao S.A.
The group has many years of experience in livestock feeds
production and distribution throughout Europe and recently Middle East
(Egypt and Saudi Arabia).
The factory in Numan is the first of its kind in Northern Nigeria and it was commissioned in Adamawa State on January 31, 2015.
Built with state-of-the-art technology in livestock feeds milling,
it has the capacity to produce 50,000 metric tonnes of assorted animal
feeds annually and would create a network of animal feeds supply.
At present, the factory addresses the dire need for animal food
supplement in Adamawa State, the entire North East geopolitical region
of Nigeria, and beyond.
Abundant animal feed, according to analysts, will make
possible the plan of the Federal Government to limit and control the
movement of herdsmen and their cattle through the provision of ranches
in selected locations across the country.
The Eagle News
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