Nigeria's Finance Minister and Coordinating Minister of the Economy, Wale Edun, has reaffirmed government's commitment to economic recovery with the unveiling of a landmark livestock development strategy. The plan was presented at the Economic Management Team (EMT) meeting in Abuja, chaired by Edun.
The National Livestock Growth and Advancement Strategy (NL-GAS), presented by the Minister of Livestock Development, Idi Mukhtar Maiha, is a ten-year, two-phase blueprint designed to double Nigeria's herd size and expand output by 100 percent by 2035. The initiative prioritizes public–private partnerships, modernization of production, stronger value chains, and food security.
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Wale Edun described the livestock strategy as central to Nigeria's reform agenda, stressing its potential to attract investment, create SME opportunities, and strengthen food sufficiency. The session also reviewed the economy, noting inflation slowdown for the fifth consecutive month to 20 percent, GDP growth above 3 percent, and a trade surplus of N7.4 trillion in Q2 2025.
Officials emphasized that the livestock plan is part of broader efforts by the Economic Management Team to diversify Nigeria's economy, consolidate reforms, and build a foundation for inclusive, private-sector-driven growth.
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