Ogun State is set to benefit from a major investment as JBS, the world’s largest protein producer, has announced plans to invest $2.5 billion in Nigeria’s livestock subsector.
Wesley Batista, the Controlling Shareholder of JBS, made this known during a visit to Ogun State Governor, Dapo Abiodun, alongside EMN’s Controlling Shareholder, John Coumantaros. Batista highlighted Nigeria’s vast economic potential and expressed JBS’s commitment to bringing its expertise in beef, pork, and poultry production to the country.
Founded in 1953, JBS has grown into a global leader in protein production, operating across multiple countries, including the U.S., Canada, Australia, and Europe, with an annual revenue of $75 billion. The company processes 80,000 cattle, 15 million chickens, and 25,000 lambs daily, along with producing packaged foods and other consumer products. 
Governor Abiodun welcomed the investment, emphasizing Ogun State’s strategic location, infrastructure, and abundant natural resources. He assured investors of seamless land acquisition, improved security, and access to affordable power to support industrial growth.
The partnership aligns with President Bola Tinubu’s broader efforts to enhance food security and attract foreign investments, with Ogun State positioned as a key beneficiary of JBS’s planned $2.5 billion investment over the next five years.
