LCCI Urges Investments in Livestock Production to Reduce Import Dependency

The Lagos Chamber of Commerce and Industry (LCCI) is advocating for increased investments in modern ranching and livestock feed systems in Nigeria to lessen the country's reliance on imports, boost the livestock sector, and generate employment opportunities. The call comes as Nigeria faces challenges in meeting local demand for livestock products due to outdated ranching methods, inadequate infrastructure, and weak value chains.

LCCI emphasizes the need for coordinated policies, financial support, and infrastructure development to enhance the competitiveness of Nigeria's livestock industry. Gabriel Idahosa, the President of LCCI, highlights the significant trade deficit in livestock imports, underscoring the urgency for strategic interventions to improve local production capabilities.