CHI Farms Ltd., a member of the TGI Group and a leading agribusiness company in Nigeria, has announced its plans to increase production output. This growth is based on the Central Bank of Nigeria’s directive to stop illegal importation of frozen poultry.
Earlier in the month, the apex bank explained that 1.2 million metric tonnes of poultry consumed in Nigeria is supplied through smuggling. The CBN Governor promised to stop the smuggling trend and promote local production in Nigeria.
CHI Farms Ltd. has lauded the CBN for its zeal in supporting local production and stated its preparedness for the task ahead. Dr. Tunji Olaitan, General Manager, CHI Farms, said, “With plans to stop illegal importation, local poultry farmers are saddled with a greater responsibility to feed the nation. We at CHI Farms Ltd. are ready for this task. We will increase our business operations and improve our warehousing facilities’’.
Managing Director of CHI Farms Ltd, Martin Middernacht, explained the premium that CHI Farms places on quality. He said, “We believe that quality is our integrity. We pride ourselves in knowing that every CHI Farms produce is of the highest quality. We will continue to increase our production and our customers can be reassured that our standard of quality will never dwindle”.
About Chi Farms Ltd.:
Chi Farms Limited is a leading agribusiness company in Nigeria and a member of the Tropical General Investments (TGI) Group, a global conglomerate with a majority of its investments based in emerging markets.
CHI Farms has been in business for close to three decades, and has grown steadily, offering products and services in the Nigerian Agricultural sector, while employing innovative approaches and technologies.
Over the years, CHI Farms has strengthened and diversified its product ranges and services in poultry, aquaculture, fish feed, cattle breeding and fattening, meat and meat processing. It also offers a range of other services including technical support services, laboratory services and training institute for capacity building and manpower development.