L-R:Mallam Kabiru Abdullahi, the representative of the Director of Livestock & Poultry, Ministry of Agriculture and Natural Resources (MANR), Kano; Mr Manish Khede, the Regional Manager, ofi Dairy in Nigeria, Mallam Aminu Garba, the Manager, Development Finance Office, Central Bank of Nigeria (CBN) Kano branch, Alhaji Usman Abdullahi, the chairman of Kano Dairy Cooperative, and Dr Celestine Ayok, a veterinarian, during the 2nd Phase of the Cattle Vaccination Exercise fully sponsored by Outspan and organised in partnership with Kano Dairy Cooperative, in Dawakin LGA, Kano, recently.
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Outspan Nigeria Limited, a subsidiary of olam food ingredients (ofi), has vaccinated local cattle against foot and mouth disease (FMD) that can negatively impact productivity throughoutthe dairy value chain. The vaccination exercise, which was fully sponsored by the business and organized in partnership with the Kano Dairy Cooperative, was held recently, in Dawakin Kudu LGA, Kano.
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| L-R: Mr Manish Khede, the Regional Manager, ofi Dairy in Nigeria, Mallam Aminu Garba, the Manager, Development Finance Office, Central Bank of Nigeria (CBN) Kano branch, Alhaji Usman Abdullahi, the chairman ofKano Dairy Cooperative, Dr Celestine Ayok, a veterinarian, and Alhaji Sabo Dankoli, the representative of Dawakin Kudu LGA District Head, during the 2nd Phase of the Cattle Vaccination Exercise fully sponsored by Outspan and organised in partnership with Kano Dairy Cooperative, in Dawakin LGA, Kano, recently. |
The latest vaccination exercise is the second phase of wider intervention, targeting 1,000 cattle– having previously targeted the vaccination of 1,500 dairy cattle in 2021. The efforts form part of the business’ robust local dairy value chain backward integration (BIP) investment which aims to raise the level of milk production in the country in support of the Federal Government's economic diversification agenda.
Speaking on the vaccination exercise, Praveen Paulsamy, Vice President of ofi Dairy in Nigeria, said, “We are committed to the Federal Government's economic development agenda. Hence, we’re looking tocontinue our investment in developing the local dairy value chain to remove the hurdles that have been impeding growth in that area.”
“Animal health is a significant component of any dairy value chain development focus. Helping the dairy farmers vaccinate their cattle is a valuable investment that has the potential to improve the cattle milk production and reproduction levels in the long run,” he added.
Praveen said that the business is aiming to keep scaling the current support for dairy farmers in terms of providing more training for the farmers, aiding milk collection efficiency, expanding the access to cold chain logistics, improving the off-taking arrangement and increasing the availability of quality feed to nourish the cattle.
Manish Khede, the Regional Manager, ofi Dairy in Nigeria, explained, “Nigeria is our home. We have set various BIP investment machinery in motion to drive growth in the local dairy value chain. We aim to enable smallholder farmers to increase their outputs with a great impact on the incomes of the segment.”
The representative of the Central Bank of Nigeria at the event, Mallam Aminu Garba, who is the Manager of the Development Finance office of the apex bank’s branch in Kano, said, “A healthy cattle automatically leads to higher cattle yield, which translates to improve business for the local smallholder dairy farmers. We are committed to providing the support needed by all development partners to contribute meaningfully to the growth of the economy. Outspan is taking the steps that will lead to growth in the dairy value chain.”
Wakili Shehu, the Director of Kano State Institute of Horticulture, who represented the Permanent Secretary of the Kano State Ministry of Agriculture and Natural Resources, emphasised that “Through Outspan’s first vaccination exercise the state has seen improvement in animal health and recorded a low incidence level of animal disease challenges.”
Alhaji Usman Abdullahi, the Chairman of Kano Dairy Cooperative, thanked Outspan for its consistent support for smallholder dairy farmers. He said all the farmers are grateful for the growth that their businesses have been able to record as a result of the support provided by the business.
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Aboutofi
olam food ingredients (“ofi”) is a new operating group born out of Olam. ofi offers sustainable, natural, value-added food products and ingredients so that consumers can enjoy the healthy and indulgent products they love. It consists of industry-leading businesses of cocoa, coffee, dairy, nuts, and spices. ofi has built a unique global value chain presence including its own farming operations, farm-gate origination, and manufacturing facilities. ofi partners with customers, leveraging its complementary and differentiated portfolio of ‘on-trend’ food products, to co-create solutions that anticipate and meet changing consumer preferences as demand increases for healthier food that’s traceable and sustainable.
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About Olam Group
Olam Group is a leading food and agri-business supplying food, ingredients, feed and fibre to 20,900 customers worldwide. Its value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a global network of farmers. By re-imagining global agriculture and food systems, Olam Group aims to address the many challenges involved in meeting the needs of a growing global population, while achieving a positive impact for farming communities, our planet and all our stakeholders.
Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.
Since June 2020, Olam Group has been included in the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supply chain activities, impact on the environment and governance transparency. The FTSE4Good Index Series identifies companies that demonstrate strong Environmental, Social and Governance (ESG) practices and is used by a variety of market participants to create and assess responsible investment funds.
More information on Olam can be found at www.olamgroup.com
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This announcement does not constitute or form part of an offer for sale or solicitation of an offer to purchase or subscribe for securities in the United States, Canada, Australia, South Africa, Japan or any other jurisdiction and the securities referred to herein have not been registered under the securities laws of any such jurisdiction. The ordinary shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold, directly or indirectly, in the United States, absent registration under or an exemption from, or transaction not subject to, the registration requirements of, the Securities Act. No public offering of securities is being made in the United States or in any other jurisdiction.
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