Jigawa signs $10m hatchery deal with Indian firm

The government of Jigawa State has entered into a $10 million joint venture agreement with India's Srinivasa Farms Private Limited to establish a modern poultry hatchery. The deal, announced by Chief Press Secretary Hamisu Mohammed Gumel, grants Srinivasa Farms a 60% stake in the venture, while the state government retains 40%. This will be the first modern hatchery of its kind in Northern Nigeria, according to Governor Umar Namadi.

The government hopes the facility will revolutionize the poultry industry in Jigawa State and across Northern Nigeria, supporting food security efforts. Srinivasa Farms' Vice-President, Senthil Kumar Krishnan, emphasized the project's focus on empowering rural communities and improving poultry production through technical services and quality products.

The hatchery will address challenges such as the high cost and unreliable supply of day-old chicks, which are currently transported long distances, often affecting the birds' condition upon arrival. The state government plans to establish delivery facilities and engage young people in the distribution process.