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.