FG Unveils Plan to Build $74bn Livestock Economy by 2035

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The Federal Government has unveiled plans to grow Nigeria’s livestock economy to $74 billion by 2035, as part of efforts to modernize the sector and boost national food security.

The initiative, led by the Federal Ministry of Livestock Development (FMLD), is anchored on the Nigeria National Livestock Growth Acceleration Strategy (NL-GAS) 2025–2035, which focuses on value chain development, feed and fodder production, animal health, and youth empowerment.

At a workshop in Abuja, government officials and development partners pledged to mobilize investments and align policies for the transformation agenda.

So far, the FG has revived over 400 grazing reserves, validated the National Animal Feeds and Fodder Policy, and set up disease control posts along major cattle routes. The government has also attracted $2.5 billion in investments from Brazilian livestock firms and begun converting 123,000 hectares of grazing land in Katsina into modern ranches.

To strengthen the dairy sector, Nigeria has started importing high-yield dairy cows from Denmark, a move aimed at cutting the country’s $1.5 billion milk import bill.

Officials say the reforms will create jobs, reduce herder-farmer conflicts, and make livestock a key driver of economic diversification. However, experts warn that infrastructure gaps, funding, and climate challenges could slow progress. Visit www.jocomms.com for more news.

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