The Federal Government has launched the National Livestock Growth and Advancement Strategy, a 10-year plan designed to reposition Nigeria’s livestock sector as a key driver of food security and economic growth.
The strategy, which will be implemented in two phases, was unveiled by the Minister of Livestock Development, Alhaji Idi Mukhtar Maiha, during the Economic Management Team meeting.
He explained that the initiative aims to double the national herd size and expand sectoral output by at least 100 per cent by 2035. Maiha stressed that the plan will be anchored on strong collaboration between the public and private sectors to ensure long-term results.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, described the livestock strategy as consistent with the government’s broader economic reform programme.
He noted that it demonstrates a deliberate move to attract investment and reduce reliance on food imports. “Initiatives such as NL-GAS align with our reform agenda and demonstrate government’s commitment to unlocking investment and enhancing food security,” Edun said.
“The objective is to lay a foundation for sustainable, private-sector-led growth that will deliver long-term benefits to Nigerians.”
The unveiling coincided with the Economic Management Team’s review of Nigeria’s economic performance and sectoral priorities. Officials pointed out that the economy continues to show stability, supported by a competitive exchange rate and disciplined reforms.
They highlighted that inflation has eased for the fifth consecutive month, now standing at 20 per cent, while Gross Domestic Product growth remains above 3 per cent.
Nigeria also recorded a merchandise trade surplus of ₦7.4 trillion in the second quarter of 2025, reflecting stronger export performance compared to imports, which government officials said further strengthens the outlook for economic growth.