JBS, the world’s leading protein producer, has unveiled plans to inject $2.5 billion into Nigeria’s livestock industry over the next five years. Ogun State has been earmarked as a central hub for this massive investment, which aims to enhance meat production, modernize processing facilities, and strengthen Nigeria’s agricultural value chain.

During a visit to Ogun State Governor, Dapo Abiodun, at his office in Abeokuta, JBS’s Controlling Shareholder, Wesley Batista, emphasized the economic potential of Nigeria and its abundant agricultural resources. Accompanied by John Coumantaros, the key stakeholder of EMN, Batista highlighted that JBS is committed to developing large-scale beef, poultry, and pork production in the country.

With Nigeria’s expanding population and rising demand for protein, Batista expressed confidence that JBS’s expertise would transform the livestock sector. The Brazilian agribusiness giant currently operates in multiple countries, including the United States, Canada, Mexico, Australia, and Europe, processing over 80,000 cattle, 15 million chickens, and 25,000 lambs daily. Beyond meat production, the company has interests in banking, energy, and manufacturing.

JBS aims to introduce state-of-the-art livestock processing facilities in Nigeria to increase productivity and enhance supply chain efficiency. Governor Abiodun welcomed the initiative, reaffirming Ogun State’s position as a prime investment destination due to its strategic location, robust infrastructure, and agro-focused airport. He assured JBS of a smooth land acquisition process and reinforced the government’s commitment to security and food security.

John Coumantaros commended Ogun’s business-friendly policies and infrastructure development, stressing that JBS’s entry would lead to the establishment of modern slaughterhouses, commercial pig and poultry farms, and large-scale feed production. The investment is expected to generate employment opportunities, improve local meat production, and position Nigeria as a key player in Africa’s livestock industry.

Aisha Rimi, CEO of the Nigerian Investment Promotion Commission (NIPC), confirmed that JBS had already conducted technical assessments in Ogun and other states. She stated that the investment would drive growth in Nigeria’s livestock sector, improve protein accessibility, and create new export avenues, solidifying the country’s position in the global agribusiness landscape.

As Nigeria seeks to modernize its livestock industry, JBS’s investment could serve as a catalyst for increased productivity, improved food security, and economic growth.