JBS, the global meat company, has announced plans to invest $2.5 billion in Nigeria over the next five years to built one pork, two beef and three poultry meatpacking facilities.
The company said the project would focus on promoting sustainable agricultural practices , similar to similar initiatives in other regions
Commenting on the move, JBS Global CEO Gilberto Tomazoni said: “Our experience in regions where we operate worldwide shows that developing a sustainable food production chain creates a virtuous cycle of socio-economic progress, particularly for vulnerable populations”.
“Our goal is to collaborate with the Nigerian Government to support the implementation of the National Food Security Plan, sharing our expertise in developing sustainable agro-industrial supply chains and best practices to enhance the country’s efficiency, productivity and production capacity”, he added.
Source: FoodBev