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UNILORIN Gets CBN N600 Million To Establish Poultry Farm

The University of Ilorin, UNILORIN, Kwara State, North Central Nigeria has secured N600 million loan from the Central Bank of Nigeria to establish a commercial poultry farm to boost eggs and chicken production.

Gatekeepers News reports that the Deputy Vice-Chancellor Research, Technology and Innovation, Prof. Mikhail Buhari disclosed this while addressing journalists.

Buhari said that UNILORIN was the only institution that got the highly competitive loan.

He said that when established, the GG Max Poultry Farms would play a key role in the agro-based business toward reviving the poultry sub-sector.

Buhari said this will reduce importation and close the existing demand and supply gap of eggs and allied poultry products.

The deputy vice-chancellor said the university got the loan based on the brilliant proposal it submitted which was rated as the best of presentations made by competing universities.

Buhari said the project is targeted at building the spirit of entrepreneurial skills among students as it would also generate employment opportunities.

He said that it would be run as a typical business venture with its own board of directors and would be accountable to the Vice-Chancellor.

He noted that the farm was situated at Amoyo in the Ifelodun Local Government Area.

He said when operational, the farm would produce 5,000 broilers per week and raise 9,000 day-old broilers weekly.

He added that it would maintain a layers’ population of 16,000 which translates to 3,679,200 eggs per year.

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