Olam Agri has opened a $50 million state-of-the-art soybean crushing plant and feed milling facility in Ilorin, Kwara State.
Olam Agri also officially launched Mama’s Pride Soya Oil, a well-refined, heart-healthy cooking oil designed to meet the evolving nutritional needs of Nigerian households
Anil Nair, country head and managing director, Olam Agri in Nigeria, said that the soybean crushing plant has a processing capacity of 250,000–350,000 metric tonnes annually.
The plant will support local soybean production in the country and help supply the feed milling unit of the business, as well as its subsidiary, Ruyat Oil.
Anil Nair affirmed that the business will continue to invest in developing key value chains, people, food safety, and support the country’s economic growth in line with the government’s Renewed Hope Agenda.
