Tag: Livestock

X-Raying Economic and Security Benefits of Ranching Reform By MUKHTAR Ya’u Madobi President Bola Ahmed Tinubu recently reaffirmed his administration’s commitment to comprehensive ranching and livestock reforms at the National Economic Council (NEC) conference in Abuja. His message was clear: reforming Nigeria’s livestock sector is not...

N4.46trn Livestock Imports Drive Domestic Growth Initiative   Nigeria has imported livestock products worth N4.46tn in 66 months, a figure that stakeholders struggle to reconcile. While the data does not specify the exact components, industry players support the importation of high-yielding animal species for cross-breeding but...

Nigeria’s agricultural sector has recorded its highest investment levels in four years, fuelled largely by a thriving livestock industry.

Livestock Ministry Unveils Plan to Boost GDP to $74bn by 2035   The Federal Ministry of Livestock Development has set an ambitious target to significantly boost the livestock sector's economic contribution, aiming to increase its Gross Domestic Product (GDP) from $32 billion to $74 billion by...

President Bola Tinubu on Tuesday in Abuja inaugurated the Presidential Committee on Implementation of Livestock Reforms to address obstacles to agricultural productivity and open up new opportunities which benefit farmers, herders, processors, and distributors in the livestock-farming value chain. 

Livestock: NEC Okays N100bn, Targets 7 Northern States   The National Economic Council on Thursday approved N100bn as budget for the implementation of the National Livestock Transformation Plan (2019 to 2028). The NEC, which was presided over by Vice-President Yemi Osinbajo, gave the approval during its meeting...