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Nigeria Aims to Double Livestock Sector's $32bn Contribution

Nigeria Aims to Double Livestock Sector's $32bn Contribution

On Monday, President Bola Tinubu stated Nigeria aims to more than double the livestock sector's estimated $32 billion annual contribution to the national economy during the opening ceremony of the 9th All Africa Conference on Animal Agriculture in Abuja. Represented by Secretary to the Government of the Federation, George Akume, Tinubu emphasized the Federal Government's commitment to transforming livestock production into a modern, technology-driven industry.

He noted Nigeria's significant livestock population, including over 58 million cattle and 660 million poultry. The President highlighted the establishment of the Federal Ministry of Livestock Development in July 2024 as a historic decision to enhance the sector.

He also mentioned the implementation of the National Livestock Growth Acceleration Strategy, which focuses on increasing productivity, improving animal health services, and promoting climate-smart production systems. The strategy aims to position Nigeria as a regional hub for livestock investment and exports while fostering peace and sustainability in livestock production.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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