Nigeria Aims for $74 Billion Livestock Economy by 2035 Through Sector Transformation
The Nigerian government, along with partners, targets a $74 billion livestock economy by 2035 through sector transformation initiatives. The Federal Ministry of Livestock Development held a high-level workshop in Abuja to explore collaboration opportunities.
Minister Idi Mukhtar Maiha reiterated the government's commitment to making the livestock industry a catalyst for economic growth. Notable progress includes the revival of 400 grazing reserves, animal feed policies, and disease control measures.
Nigeria secured a $2.5 billion investment commitment from a leading Brazilian livestock company, JB On, following discussions at the G20 Summit. This signals readiness for innovative investments in Nigeria's livestock sector.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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