Nigeria Misses Out on $10.5 Billion Animal Waste Market Due to Poor Policies

Nigeria is missing out on a $10.5 billion global animal waste market due to poor policies and inadequate infrastructure, despite having a significant livestock population. The country's failure to harness the potential of animal waste, a valuable resource for bioenergy, fertilizers, and industrial materials, is attributed to limited innovation and a lack of clear policy frameworks.

With global projections indicating a rise in the animal waste economy to $10.5 billion by 2030, Nigeria's untapped potential poses a significant economic loss and environmental risk. Industry analysts warn that the country's disorganized sector is not only losing out on revenue but also contributing to environmental degradation by leaving animal waste unmanaged.