
Nigeria aims to boost livestock sector’s GDP contribution
The Federal Government has announced plans to significantly increase the contribution of Nigeria’s livestock sector to the national economy. Idi Mukhtar Maiha, Minister of Livestock Development, shared this vision during a stakeholders’ engagement in Ilorin. He highlighted the government’s commitment to making livestock a key driver of food security, job creation, and economic growth. Stakeholders from across the livestock value chain participated in the event.
TLDR
- Idi Mukhtar Maiha revealed plans to raise the livestock sector’s GDP contribution from $32bn to over $74bn within the next 10 years.
- The government has developed a National Livestock Growth Acceleration Strategy, approved by the National Economic Council, to boost productivity.
- A special committee has been set up to promote ranching as a sustainable model for livestock development.
- Maiha emphasized that ranching is more productive and profitable than open grazing or nomadism.
- The Kwara State Government and various stakeholders are partnering to address challenges and create opportunities in the livestock sector.