Jigawa State and Srinivasa Farms Partner for Hatchery

The Jigawa State Government has entered into a $10 million joint venture agreement with Indian poultry company Srinivasa Farms Private Limited to establish a modern hatchery. Under the agreement, Srinivasa Farms will hold 60 percent equity, while the state government will retain 40 percent.

The hatchery aims to enhance the supply of day-old chicks, alleviate transportation issues, and provide technical support to poultry farmers in Jigawa and Northern Nigeria. Governor Umar Namadi, who oversaw the signing ceremony, described the partnership as a significant advancement in the state's agricultural transformation efforts.

He noted that the investment would create opportunities for poultry farmers and align with the Federal Government's food security agenda. The agreement followed a state government delegation's visit to Srinivasa Farms in India to observe its operations.

Srinivasa Farms' Vice President, Senthil Kumar Krishnan, emphasized the venture's focus on empowering rural communities and improving poultry production. The proposed hatchery is expected to reduce transportation distances for farmers, who currently rely on distant sources for day-old chicks.