News Industry

Nigeria: Qatar’s Baladna Plans Dairy Investment in Ogun State

Nigeria: Qatar’s Baladna Plans Dairy Investment in Ogun State
Wednesday, 25 June 2025 09:17

• Qatar’s Baladna plans dairy farm in Nigeria’s Ogun State, exploring land and feasibility with local officials.
• Project aligns with Nigeria’s goal to double dairy output to 1.4M tons by 2030.
• Nigeria’s $6.6B dairy market offers Baladna a key entry point in Africa.

Qatari agribusiness group Baladna plans to establish a dairy operation in Nigeria’s Ogun State. Aidan Thomas Iynan, the company’s Head of Products and Solutions, announced the plan during a meeting with Governor Prince Dapo Abiodun on Monday, June 23.

The visit aimed to explore land acquisition opportunities and begin discussions with the Ogun state government for feasibility studies. "We can build highly efficient farms with world-class yields, and meet demand not just for dairy, but also for meat and crops," Iynan said.

While the investment’s total cost has not yet been disclosed, the project reflects Baladna’s strategy to expand its footprint in Africa’s dairy market. The company is already active in Algeria, where it launched a $3.5 billion agro-industrial project in Adrar province in September 2024. That operation is set to begin production in 2026. It spans 117,000 hectares and will include a dairy farm and a processing facility with the capacity to produce 200,000 tons of powdered milk annually.

Boosting Nigeria’s Dairy Sector Ambitions

Baladna’s Nigerian project comes as the country works to double its annual dairy production to 1.4 million tons by 2030. On June 3, Nigeria’s Ministry of Agriculture announced new initiatives. These include a roadmap to be finalized by the end of 2025 and the expansion of the National Livestock Growth Acceleration Scheme (NL-GAS).

Authorities are also counting on public-private partnerships with global firms. These include Denmark’s Arla Foods and the Netherlands’ FrieslandCampina, to scale production.

If realized, Baladna’s investment in Ogun State would significantly enhance local production capacity and support the government’s broader growth ambitions in the dairy industry.

For the Qatari firm, the project also offers a strategic opportunity to capture market share in Africa’s most populous country. Nigeria’s dairy market is valued at $6.59 billion in 2025. It is expected to grow at an average annual rate of 10.13% through 2030, according to Statista projections.

On the same topic
Gold production rose 10% year on year, reaching 1.21 mln ounces in 2025. Lafigué delivered its first full year of output, offsetting declines at other...
Galiano Gold will invest at least C$17mln in gold exploration in Ghana in 2026. The budget is up 70% year on year and targets reserve growth at the...
Nigeria lowered oil and gas signature bonuses to $3m–$7m from much higher past levels. The change applies to payments made before license awards...
Mozambique expects Rovuma LNG construction to start within 12-18 months Improved security enables restart of major northern gas...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
03

BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...

BRVM Lists Burkina Faso’s First Securitization Fund Bonds
04

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
05

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.