An official of the University of Ilorin UNILORIN)says the institution has secured a N600 million loan from the Central Bank of Nigeria to establish a commercial poultry farm to boost eggs and chicken production.
The Deputy Vice-Chancellor Research, Technology and Innovation, Prof, Mikhail Buhari stated this on Monday while speaking with newsmen.
The Don said that UNILORIN was the only institution that got the highly competitive loan. The reason for this he said was because of the brilliant proposal the University submitted which was rated as the best made by competing universities.
He said that when established, the GG Max Poultry Farms would play a key role in the agro-based business toward the revival of the poultry sub-sector.which
will reduce importation and close the existing demand and supply gap of eggs and allied poultry products.
Buhari explained that the university would be running the farm with the xxx support of an external consultant, adding that when operational, the farm which is situated at Amoyo in the Ifelodun Local Government Area would produce 5,000 broilers per week and raise 9,000 day-old broilers weekly.
The Deputy Vice Chancellor said the project is targeted at instilling entrepreneurial skills among students and would be run as a typical business venture with its Board of Directors and would be accountable to the Vice Chancellor.
