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Livestock sector: the Nigerian government wants to mobilize N2,500 billion for reforms by 2028

17/10/2023
Source : ORISHAS FINANCE
Categories: Sectors

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Nigeria's livestock sector faces numerous challenges that affect its economic performance, including recurring conflicts between herders and farmers.

Le gouvernement nigérian pense mobiliser 2 N500 billion ($3.2 billion) for the Style”, "serif"">'é levage au cours des 5 prochaines ann é es. The announced envelope should come from the annual budgets and contributions of the main ministries concerned, the support of local and international investors as well as the country's Central Bank (CBN). Indeed, interventions aimed at repositioning the livestock sector include, among others, the creation of a fully-fledged Federal Ministry of Livestock and Fisheries, the reform of transhumance livestock production towards an intensive system, the improvement of livestock production and productivity, the mitigation and resolution of conflicts, the revision of policies and national programs or institutional capacity building.

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