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Nigeria: Tinubu Moves to Double Livestock Sector's $32bn Economic Contribution

Tinubu said the plan will draw private investment into dairy, meat processing and feed milling as Nigeria seeks food security and more jobs.

  • President Bola Tinubu announced plans to double the livestock sector's $32 billion economic contribution while opening the 9th All Africa Conference on Animal Agriculture in Abuja yesterday.
  • In July 2024, the government established the Federal Ministry of Livestock Development to transform the industry from traditional subsistence practices into a modern, commercially competitive, globally integrated sector.
  • Nigeria sustains livelihoods nationwide with more than 58 million cattle, 64 million sheep, 124 million goats, and 660 million poultry species supporting the growth strategy.
  • The National Livestock Growth Acceleration Strategy focuses on expanding commercial feed production, improving animal health services, and enhancing livestock genetics to unlock sector opportunities.
  • Tinubu emphasized ranching and modern production systems as vital for boosting output while reducing conflicts tied to traditional practices, advancing the Renewed Hope Agenda.
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Voice of Nigeria broke the news on Monday, August 10, 2026.
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