According to Dr. Akajiugo Emeka Obegolu SAN, President of the Abuja Chamber of Commerce and Industry (ACCI), a new livestock road plan will create about 350,000 jobs in its first two years.
In an interview with Trust TV, Dr. Obegolu stated that if the plan is perfected, a national fund called the Livestock Development Fund will be established, making it easier for farmers and other stakeholders at different levels of the value chain to obtain funding and advance the industry.
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He thanked President Bola Ahmed Tinubu’s administration for separating the livestock industry from the Ministry of Agriculture and creating the Ministry of Livestock Development.Therefore, that is a positive step for the development of Nigeria’s livestock sector. Setting up the conditions for private sector investment is crucial.
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“The government should provide the structure and laws that facilitate the entry of private sector investments, but they should not be the ones driving the development of this sector. They offer direction, in a sense, and the private sector will follow,” he stated.
According to the ACCI President, the private sector is now prepared and eager to collaborate with the public sector in order to guarantee the sector’s expansion.”It is actually a N33 trillion economy waiting to be tapped,” he continued. In order to construct grazing reserves and minimize open grazing so that animals could be placed in specific feedlots and enable them to perform optimum in both beef and milk production, we began by looking at grazing as part of our engagement with the government.
Next, we examined the science underlying genetics, artificial insemination, animal development, and veterinary care. Next, we examined the cold chain, meat processing, and processing. Therefore, there is no justification for cattle trekking from Katsina, from Yola down to Owerri or Bayelsa, as stated by the Minister for Livestock Development at that summit.The animals are mistreated along the way, and their weight loss is painful. Therefore, we are considering investing in processing facilities so that we can transport processed beef in cold chains to the south rather than trekking. From leather for shoes to milk and eggs for developing schoolchildren, the ecological and livestock value chain is enormous.
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