About Us

WHO WE ARE

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A Goal-Driven Organization

Loryb & DP Ventures Ltd. is one of the foremost grain producers and Supply Company in Nigeria. It is currently among the top 10 grain aggregator and processor in Nigeria.
The company was established over three decades by Dr. (Mrs.) Loretta Balogun and duly registered with the Corporate Affairs Commission of Nigeria (CAC) with registration No. RC-250273.
As part of our business and backward integration, we have about 5000 connect small holder farmers in collaboration with our off takers and other stakeholders such as Nestle Nigeria Plc., IDH, United Nation World Food Program, USAID, Guinness Nigeria Plc., Nigeria Brewery Plc. (Heineken), CFNA, AGRA, NAERLS, Cadbury (Mondelez), Premier Seeds, Technoserve among others who provide support in education of these farmers in crop Agronomy including Pre-harvest and post-harvest technology and self-sufficiency.
Over the last few years, the company has successfully trained and provided farming support for over 5,000 farmers on Maize, Sorghum, and Soya bean on profitable farming and crop husbandry technology.
Our corporate goal is to up-scale number of farmers, and expand our out growers scheme to accommodate 10,000 farmers and develop the company infrastructure for effective grain storage and warehousing without losing sight on tillage practices programmed to reduce CO2 emission thereby reducing effect on climatic change.

 

Company Background

LORYB & DP VENTURES LIMITED is a duly registered and accredited company under the Company and Allied Matters Acts (CAMA) 1990 by the Corporate Affairs Commission (CAC) of Nigeria ON 13TH July, 1994.
The company has made giant strides, establishing herself as a major Supplier and Processor of Raw Materials to Blue Chip Companies. Our clientele base cuts across blue Chip companies such as Guinness Nigeria Plc., Nestle Nig. Plc., Cadbury Nig. Plc., Nigerian Breweries Plc., World Food Program among others. On the average, our annual supply to these companies is above 60,000 tons of Sorghum, Maize, Millet, Soyabean and Cashew nut, Sesame of world standard quality for export to the aforementioned companies and NGOs.
From inception, we have established a working, reliable and dependable relationship with these various blue chips companies. We are vision driven, conscious of business opportunities and are success motivated to be considered world-class contending giant in the food and beverage industry. Our numerous achievements and successes are verifiable from our numerous clients.

Our Mission

To become the leading and must innovative customer-centric, inclusive and sustainable agro-commodity company in the world.

Our Vision

To be a global leader and future reference point in the agricultural raw material and food & beverage industry by winning with purpose.

Our Aims/Objectives
  • To be a leading contender in the supply of industrial raw materials to the Food and Beverage Industries.
  • To promote and contribute our quota to the industrialization of Nigeria.
  • Adding value to our shareholders investments
  • Satisfying our customers’ needs effectively and efficiently.
Our Services
  • Warehousing and Processing of Raw Materials for Blue Chip Companies in the Food and Beverage Industry.
  • General warehousing, and tender milling services
  • Export of grains and other agricultural products such as Sesame Seeds, Cashew nuts, Ginger, Soya Beans, Sorghum
  • Haulage & Logistics: Future Goal
  • Direct crop Production and processing of Agriculture product to consumables and semi consumable products.
Our Ethics/Core Values
  • Maximizing our potentials in the agricultural service industry through perfection and zero tolerance to waste.
  • Effectively and efficiently meeting our customer needs.
  • Working alongside the oil, food and beverage industries to develop Nigeria’s industrialization.

Personnel Goal:
We seek to assemble and maintain the best human workforce whose talents and different contributions are adequately rewarded.

Logistics:
To ensure efficient delivery, we have a total of fifteen (15) trucks in our fleet including Bulk trucks purposely set aside for service dedicated customers.
We are in the process of acquiring more trucks to meet our ever increasing Logistics needs.

Storage Facility:
We have well-articulated storage facilities with over 60,000 tons capacity in our two locations in Zaria North West  and Ijebu-Ode South West Nigeria.
We are continually increasing this capacity as the need arises.

Cooperate Social Responsibilities:

  • Encourage men and women empowerment through network of various agribusiness programs.
  • Empower the less privileged provision SMEs working equipment and tools.
  • Student’s placement on Scholarship.
  • Sponsor and funding of Schools within Nigeria.
  • Free Medical and Eye Services in the remote parts of Nigeria and other African countries.
  • Empowerment of Widows.
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