FG eyes $74bn livestock economy by 2040

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The federal government has expressed optimism that Nigeria could unlock a $74 billion livestock economy by 2040, with the right investments, policy coherence, and innovation across the livestock value chain.


Idi Maiha, the minister of Livestock Development, made this known at the 2025 Animal Science Meeting and Industry Exposition, held on Tuesday in Abuja.


Maiha said the creation of the Ministry of Livestock Development by President Bola Ahmed Tinubu reflects the administration’s determination to reposition the livestock industry as a major contributor to Nigeria’s GDP, food security, and job creation.

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