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Livestock Ministry Receives Major Investment Proposal

Livestock Ministry Receives Major Investment Proposal

On Wednesday, May 6, 2026, Hon. Mukhtar Maiha, the Minister of Livestock Development, received a delegation from Consolidated Limited, led by legal advisor Barrister Emmanuel Omoruyi, at the ministry's headquarters in Abuja.

This meeting is part of ongoing efforts to deepen private sector participation in Nigeria's livestock industry. The minister reaffirmed the federal government's commitment to creating a conducive environment for investment and sustainable growth in the sector.

The proposal aligns with the ministry's strategic direction, emphasizing ranching as a viable economic model. Nigeria has a national demand of 1.7 billion liters of milk annually and a gap of 1.5 million metric tons of red meat, representing significant investment opportunities.

The delegation outlined plans to establish modern livestock hubs, integrate agricultural systems, and introduce advanced technology to strengthen the livestock value chain. They also emphasized the need for a stable regulatory environment to attract investment and ensure food security.

Plus234Feed summary based on reporting from Federal Ministry of Information. Read the original report below.

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