As policy analysts express the concern that beyond the buzzword, Nigerian Governments often lack the discipline of synchronising their plans to address policy pronouncements, President Bola Tinubu insists that his administration’s prioritizing investments in the livestock sector will address long-standing challenges like farmer-herder conflicts, hunger, and poverty, as well as fostering economic growth.
Speaking in Rio de Janeiro, Brazil, during the signing of a collaboration agreement with JBS S.A., a leading global meat processing company, President Tinubu emphasized the potential of the $2.5 billion livestock investment opportunity in Nigeria.
The president noted that these investments will not only provide solutions to existing problems but also unlock vast economic potential.
By leveraging Nigeria’s large population and JBS S.A.’s expertise in food security, President Tinubu is confident that the country can transform its agricultural challenges into opportunities for growth and prosperity.
During his visit to Brazil, the president also dispatched a Nigerian delegation to explore livestock development and meat processing opportunities, which culminated in the partnership with JBS S.A., one of the world’s largest meat processors.
JBS S.A. processes up to 33,000 cattle and over 8 million birds daily, using advanced zero-waste technology.
Wesley Batista, the company’s president, expressed eagerness to collaborate with Nigeria to turn it into a key supplier of protein to Africa, stating that JBS’s global reach and operational capacity align with Nigeria’s agricultural ambitions.
The collaboration aims to create jobs, enhance food security, and build a thriving livestock industry that can benefit both local and international markets.
