Livestock Feeds : NEGPRO Will Transform Poultry Industry, Increase Revenue – MD, Livestock Feeds

Livestock Feeds

Managing Director of Livestock Feeds, Mrs. Modupe Asanmo, has lauded the Federal Government’s National Egg Production (NEGPRO) scheme stating that it will transform the poultry industry in the country.
She also said the scheme will enable the industry to fully achieve its potential as a major source of revenue and employment generation for the country.


Asanmo stated this in Lagos while expressing the company’s commitment to support Tuns Farms Nigeria Limited to ensure that NEGPRO succeeds in every part of the country.

“Livestock Feeds Plc operates two owned plants which are strategically located in Ikeja and Aba with a joint production capacity of 23 metric ton per hour, while a Toll milling arrangement with Grand Cereals Limited takes care of our operations in the North and Onitsha axis (Edo, Delta, Anambra, Enugu and Ebonyi), making us available and visible pan Nigeria,” she said.

She, however, expressed her company’s desire to fully participate in the NEGPRO scheme both as a supplier of finished feed and concentrate and also as a member of the Scheme Technical Committee (STC).
In the same vein, Dr. Tunde Lawal, Managing Director of Turner Wright Limited, also noted that his company is ready to put its wealth of experience in the animal health and nutrition subsector at the disposal of Tuns Farms to ensure the successful implementation of NEGPRO scheme.

It will be recalled that the Federal Ministry of Agriculture and Tuns Farms Nigeria Limited recently in Abuja signed a N25billion agreement on NEGPRO scheme to be financed by the Bank of Industry (BoI).
The agreement was signed on behalf of the Federal Ministry of Agriculture and Rural Development by the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, and the Chairman of Tuns Farms Limited, Asiwaju Olatunde Badmus.

As part of its role as manager of the scheme, Tuns Farms Limited will recommend eligible entrepreneurs to access the N25 billion facility through the Bank of Industry (BoI). The company will also develop customized and standard feed concentrate for the scheme to ensure uniformity.

In addition, the company will recommend standard specification and costing for the scheme, monitor activities of entrepreneurs involved in the scheme, support the Bank of Industry (BoI) through the National Technical Committee in the selection process of commercial banks to disburse and recoup the 25 billion Naira anchor borrower facility from the Central Bank of Nigeria (CBN) as well as select entrepreneurs/stakeholders across the country for recommendation to the Technical Committee for final ratification and appointment to participate in the scheme.