Osogbo Billionaire, Tunde Badmus' Tuns Farms, FG In #25b NEGRO Partnership

As part of its efforts in achieving set goals for the National Egg Production, the Federal Government of Nigeria yesterday 14th June, 2016, signed #25 billion MOU with Osogbo billionaire and the Asiwaju Musulumi of Yorubaland, Alhaji Khamis Olatunde Badmus' Tuns Farms Nigeria Ltd in Abuja.

Chief Audi Ogbeh, the Minister of Agriculture and Rural Development, who signed the Memorandum of Understanding on behalf of government explained that the agreement has become necessary because the federal government was about to begin school feeding programme in which every child will be given an egg a day or at least three eggs a week.

He said the agreement, to be financed by the Bank of Industry, will enable the farm to create a network of poultry farmers’ out-growers scheme with a target of generating one million jobs and 50 million table eggs daily by 2018.

While speaking after the signing ceremony, Chairman, Tuns Farms, Asiwaju Olatunde Badmus reaffirmed his company's committed to the growth and survival of the Nigerian agricultural sector, judging by the many landmark achievements Tuns Farms has recorded.

Source: Daily Trust.

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