Watch "ADEBOYE TERIBA SPEAKS ON THE STOCK MARKET IN NIGERIA ON YOUR BUSINESS WITH WOLE OLUGBEMIRO" on YouTube.

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Watch "ADEBOYE TERIBA SPEAKS ON THE STOCK MARKET IN NIGERIA ON YOUR BUSINESS WITH WOLE OLUGBEMIRO" on YouTube.

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Livestock Feeds Plc 2016 Financial Summary

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HISTORY Livestock Feeds was established in 1963 by Pfizer as a subsidiary to the pharmaceutical business which had been introduced to Nigeria few years earlier. Following importation of exotic milking cows and hybrid chickens into the country by Germans, Dutch and later Americans, the need to provide health and nutritional products led to creating Animal Health division and then the Feed division. The first mill of 5MT/hr was installed at Ikeja in 1963, followed by Aba 1964 and Kaduna in 1965 with 4MT and 3.5MT per hour capacity respectively. Accelerated growth in urban and sub-urban  population and demand for poultry meat and egg impacted positively on the feed business leading to phenomenal growth in Livestock Feeds business nationally. The impressive performance propelled upgrade of the milling output to 10MT/hr automatic machines at Ikeja, Aba and then Benin between 1983 and 1985. Kaduna was given a 6MT\hr back-up mill. The era of boom also witnes...
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