A new egg powder plant is to be commissioned in Emure-Ile, near Owo, Ondo State.
The plant was established through a Public Private Partnership (PPP) arrangement between the Ondo State government and Greenfield Assets Limited.
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele and Ondo State Governor, Rotimi Akeredolu, will jointly inaugurate the plant.
Spokesman of CBN Isaac Okorafor, said that Greenfield Assets Limited, under the PPP arrangement, had commenced the utilisation of 150 hectares of land for the establishment of 10 million broilers per annum farm with a 4,000 birds per hour meat processing plant
Other components of the plant are; a 600,000 layers farm for the production 100 million eggs per annum; two 20 tons per hour feed-mill and a 500,000 eggs per day egg powder plant.
According to him, the plant would create about 25,000 jobs, earn the country over $1 billion in foreign exchange savings and boost increased incomes for poultry farmers in Nigeria.