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Makinde Commissions New Production Line At FAN Milk

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Oyo State Governor, ‘Seyi Makinde, on Thursday commissioned the
new production line at FAN Milk Plc, stressing his administration’s commitment towards ensuring that the state becomes a top investment destination in the country.
The governor, who was speaking through his Chief of Staff, Mr. Segun Ogunwuyi, said that his administration will continue to improve the business environment in the state, while making it more attractive to investors.
 A statement by the Chief Press to the governor, Mr. Taiwo Adisa, quoted Makinde as saying that his administration would continue to place a high priority on key infrastructure that would make the state more viable for investments.
The statement indicated that Makinde gave the commitment while speaking at the diamond jubilee and official commissioning of a new factory line at Fan Milk Plc, Eleyele, Ibadan.
He said that the new production line will increase the company’s production capacity by 52 per cent.
He said: “Today, we are also commissioning a new production line that will increase the company’s production capacity by 52 per cent.
“Ibadan city has been home to Fan Milk PLC for the past six decades, with a recombination-plant here at Ibadan and a distribution centre in Lagos.
“Fan Milk, which started with less than 30 employees has developed into an international brand, impacting the Nigerian population and other countries on the African continent with its healthy and nutritious milk-based products.
“The integration of FAN Milk International By 2019 into Danone’s One Planet, One Health Vision, has provided opportunity to foster the creation of a healthy and sustainable ecosystem.”
The governor said that Oyo State under his leadership has witnessed significant improvements in the investment outlook.
“A recent Business Expectation Survey indicates that businesses in Oyo State maintain a positive outlook despite the national challenges, with over 70 per cent positive outlook and confidence,” he said.
In his remarks, the Managing Director, FAN MILK, Mr. Ferdinand Mouko, thanked the Oyo State government for giving the company enabling environment to operate in the state in the last 60 years, noting that without the support of the people of the state, the company would not have stayed that long.
“We commenced operation on this same production facility where we are 60 years ago, in 1961 and we are happy that we are not only in business we are also growing in Oyo State; and today we are employing 800 temporary and permanent people in our organization.
“We currently have, through our entrepreneurial unique business model 18,750 vendors and 1,200 Agents serving in our ecosystem whose sources of livelihood come from the products we produce from this factory which is our own little contribution to the economy of Oyo State.
“Thanks to the Student industrial work experience scheme program driven with Oyo State, we’re creating more than 150 internship opportunities on a yearly basis for a couple of years in partnership with the University of Ibadan, the Polytechnic Ibadan, Saki Polytechnic, and other tertiary institutions across the state, allowing youths to get ready for their professional insertion,” he said.
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