Jigawa State signs $10M JV with India for modern hatchery
- Reports
- 4
- Developments
- 1
- Repetition
- 75%
New informationRepeats or wire copies
What happened
Jigawa State signed a $10 million Joint Venture Agreement with India’s Srinivasa Farms Private Limited. The agreement is for establishing a modern hatchery in the state as part of its agricultural transformation efforts. Under the terms, Srinivasa Farms will hold 60 percent equity in the venture, while the Jigawa State Government will own the remaining 40 percent.
From pmnewsnigeria.com
Why it matters
The partnership is expected to revolutionize the poultry industry in Northern Nigeria. Governor Umar Namadi stated the project supports the federal government’s agenda on food security. The facility is anticipated to create new opportunities for poultry farmers in the region.
Governor Umar Namadi provides robust support to various state programs in Jigawa State.
From pmnewsnigeria.com
Who's involved
- Umar NamadiGovernor who presided over the signing ceremony and promoted the partnership
- Jigawa StateState government that signed the agreement to establish the modern hatchery
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Jigawa StateSpeculative
Jigawa State might see increased agricultural revenue from the new infrastructure and value chain strengthening.
- NigeriaSpeculative
Nigeria might benefit from increased poultry production, supporting the national food security agenda.
Keep exploring
Part of
Jigawa State governance and investment drive led by Umar NamadiAlso in this story
- Governor Umar Namadi pledged to review corps allowances and affirmed state support for the NYSC scheme in Jigawa State.
- Jigawa State, under Umar Namadi's leadership, introduced new programs and focused on its Agricultural Research Institute.
- The All Progressives Congress (APC) benefits from the developmental attention of the administration and operates within the state structure of Jigawa.
- Umar Namadi has been invested as the Patron of the Federal Road Safety Corps (FRSC), demonstrating state support for road safety initiatives.
The entities involved
-
Umar Namadi
Nigerian politician
-
Jigawa State
state in Northern Nigeria