Jigawa Signs $10m Deal With Indian Firms For Poultry Farming

The Jigawa State Government has signed a $10 million Memorandum of Understanding with an Indian company for the establishment of a chicken hatchery company in the state.

Speaking at the MOU signing ceremony with Srinivasa Farms Limited at the Government House in Dutse, Governor Umar Namadi said the journey began last year with a visit by Jigawa officials to India, followed by a return visit to Jigawa by officials of Srinivasa Farms Limited for a field assessment.

He said under the deal, the Jigawa State government will own 40 percent of the shares, while the Indian firm will retain 60 percent of the hatchery company.

Governor Namadi noted that the establishment of the company is part of his government’s strategic effort to reposition poultry farming for food security, job creation, and youth empowerment.

“Our agricultural policy is fully in tandem with President Bola Ahmad Tinubu’s Renewed Hope Agenda, which is designed to use the sector to strengthen the local economy and ensure sustainable food security’.

“The establishment of this factory will be a game changer in Jigawa poultry farming. It will bring an end to the years of struggle by our poultry farmers to get quality chickens and access to other modern techniques of poultry farming’

“Besides the supply of quality chickens, the MOU will also include disease surveillance, monitoring, medical and technical advice on poultry management, disease control, and quality assurance,” the governor stated.

He also stated that the hatchery company will supply chickens beyond Jigawa State, adding that, “We are fully committed to ensuring the full take-off of the company as soon as possible.”

In his remarks, the Vice President of Srinivasa Farms Limited, Mr. Senthil Kumar Krishnan, who signed the MOU on behalf of his company, said Jigawa has all the potential required to be one of the leading poultry farming states in Nigeria, and with this partnership, the journey will be inspiring and promising for all partners.

He assured the Jigawa State government of his company’s commitment to bringing all the experts and expertise in accordance with the MOU to ensure the lasting success of the partnership.