Zichis Agro Allied Industries Plc has listed 1.1 billion shares by introduction on the Nigerian Exchange Limited (NGX) Growth Board, signalling deeper integration across its poultry, crop farming, aquaculture, and animal feed operations.
The listing represents a pivotal step for the Ogun State-based firm, enhancing share liquidity, corporate governance, and investor appeal amid Nigeria’s push for agro-industrial growth.
Speaking at the company’s ‘Facts Behind the Listing’ event in Lagos on Monday, chairman Hezekiah Oshaba said the move underscored Zichis’s commitment to a scalable agro-allied model that bolsters food security and economic development.
He added that it would improve transparency, boost market visibility, and fuel the next growth phase through backward and forward integration.
Management highlighted plans to expand livestock farming, crop production, feed processing, and estate farming, positioning Zichis to create long-term stakeholder value in a sector vital to Nigeria’s food supply chain.
“Our listing on the NGX Growth Board reflects our strategic commitment to building a scalable and integrated agro-allied business that contributes to food security and economic development.”
He added that “this milestone strengthens our transparency, enhances our market visibility, and supports the next phase of our growth.”
Zichis Agro Allied Industries operates across the poultry, aquaculture, crop farming, and animal feed value chain, with its core farming operations located in Ogun State.
The company stated that it will continue to deepen backwards and forward integration to improve efficiency, expand production capacity, and create long-term value for stakeholders.
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