The Minister of Livestock Development, Idi Maiha, has announced that the livestock sector could potentially contribute N33 trillion to Nigeria’s economy if properly nurtured.
- This statement was made during an inaugural meeting with the House of Representatives Committee on Livestock Development in Abuja.
- Maiha emphasized that unbundling the sector would attract significant investment and that Nigerian businessmen are already showing interest in ranching and dairy farming.- He urged state governments to establish dedicated ministries for livestock to facilitate better collaboration with the Federal Ministry of Livestock Development.
- The minister highlighted that the livestock sector’s value could reach N33 trillion, creating opportunities for ranchers and encouraging capital investment in the country.
- There is currently a high demand from Nigerian entrepreneurs looking to engage in ranching and dairy activities, demonstrating the sector’s potential for growth.
