Dutch dairy company, Friesland Campina, says it will invest about 23million Euros in local production of dairy products in Nigeria.
Chief Executive Officer of the company, Hein Schumacher, stated this on Friday while speaking with State House correspondents after a meeting with Vice President Yemi Osinbajo.
“We are investing around 23 million Euros in new facilities in order to have fresh milk-ready to drink milk, and in order to have fresh milk for the consumer, you need local production; you cannot import fresh milk from Europe,” he said.
Schumacher said that the company has been successful in the last couple of years with dairy development, adding that the yield of cow was improving very quickly with their efforts.
Also speaking, the Managing Director of FrieslandCampina WAMCO Nigeria, Ben Langart, said the discussion with the vice president focused on dairy development programme and the challenges the company is facing in Nigeria.
“So, we had discussions on how to scale this up, what challenges we are facing and how to make it bigger from what it is today,” Langart said, stating that the company has given its commitment to dairy production in Nigeria.
He said the Buhari administration’s ease-of-doing-business policy has brought some improvement in the business environment.
He said: “There has been a lot of progress in ease-of-doing business. There are things to do with issuing permits and access to government services. There has been improvement on that, but this always benefits new people coming in.”
Langart , however, pointed that there are still challenges that needed to be tackled for industrialists to have smooth operations.