Business is booming.

Lagos to establish 250-hectare feedlot, ranch

Lagos State Government is to establish a 250-hectare feedlots/ranch in Igbodu, Epe, through private sector investment to boost production in the red meat value chain.

The state Commissioner for Agriculture, Ms Abisola Olusanya on Thursday in Lagos that the project was to mitigate against shortage of supply caused by strikes and other challenges.

Feedlots are  agricultural operations where animals are kept and raised in confined situations…that congregate animals, feed, manure and urine, dead animals, and production operations on a small land area.

In the arrangement, feed is brought to the animals rather than the animals grazing or otherwise seeking feed in pastures or fields.

Olusanya said that the project would be in phases as more private feedlots were being expected to set up in the state.

She said that investors were already indicating interest.

According to the commissioner, the state has acquired more land in Epe but would implement the project  in phases.

“We have actually called on investors, put out an expression of interest.

“We have investors who actually showed interest, they have applied and done screening.

“We are just trying to clear, put a bit of infrastructure in place and get private investors to invest.

“We are doing 250 hectares in the first instance, that is phase one; we have acquired more land  at Igbodu, Epe, and we are hoping to be able to increase it,” she said.(NAN)

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