Supreme Meat secures N2 billion partnership with Bank of Industry

A trailblazing enterprise in pig farming, production and processing, Supreme Meat Limited, has partnered with the Bank of Industry (BOI) to build Nigeria’s first Ultra modern Pork processing plant.

The announcement was given by the Head of Growth and Financial Partnerships for Supreme Meat, Tunde Olaoye and Divisional Head, Micro, Small and Medium Enterprises (MSME) BoI (Lagos and Southwest), Uche Cynthia Nwuka.

The company said it envisions reshaping the agricultural narrative through sustainable and ethical practices.

It added that it’s committed to addressing the escalating global demand for premium pork products, aspiring to lead the international pig farming industry.

It stated that the partnership with the Bank of Industry to build Nigeria’s first Ultra modern Pork processing plant will help to achieve its vision of becoming a prominent player in the global pork export market, bringing the rich taste of Nigerian pork to international consumers.

Olaoye revealed: “The partnership will involve the disbursement of two tranches of N1 billion between year 2024 and 2025. This funding is to assist the company in its effort to build a strong global presence, becoming a reliable supplier of premium Nigerian pork to international markets, thus contributing to the growth of the country’s agricultural sector.

“Our commitment extends to producing premium pork products while adhering to the highest standards of quality, safety, and environmental responsibility. We envision a future where our exports nourish communities, support local economies, and contribute to the overall development of Nigeria’s agricultural sector.”