President Bola Tinubu on Friday emphasised that his administration’s give attention to attracting worldwide and native investments into the livestock sector will handle the continuing farmer-herder clashes in Nigeria.
Talking in Rio de Janeiro, Brazil, throughout the signing of a Letter of Intent between the Nigerian authorities and JBS S.A., a number one world meat processing firm, Tinubu highlighted the potential of the sector.
“What we’re doing proper now could be that we’re fixing an issue that afflicts humanity in that a part of Africa, clashes between farmers and migrating cows which have induced some life and bloodshed when there’s a fashionable, civilized solution to clear up these issues and even deliver a profitable economic system out of it,” Tinubu mentioned. “We are attempting to show a scenario of tragedy, hopelessness into financial alternative, see via issues and see the chance that’s concerned in it.”
Tinubu urged JBS executives to faucet into Nigeria’s $2.5 billion livestock funding alternatives, citing the nation’s giant inhabitants and the corporate’s acknowledged experience in meals safety.
“We’ve heard a lot about you when it comes to the repute, and we imagine within the partnership we’re forging in the present day. Meals safety is extraordinarily necessary. As we speak proper now, there’s starvation. Nonetheless, there’s large hope. And you might be a type of hopes that we’re .”
Earlier than his go to to Brazil, Tinubu had directed a staff of Nigerian officers and personal sector leaders to discover livestock improvement, meat processing, and seed improvement alternatives throughout the G20 Summit in Rio, with a give attention to São Paulo’s livestock sector.