FG Targets $74 Billion Livestock Sector GDP by 2035

• The federal government aims to increase the livestock sector’s GDP contribution from $32 billion to $74 billion by 2035

• The National Animal Identification and Traceability System (NAITS) will enhance security and data accuracy in the livestock industry

The federal government aims to boost the livestock sector’s contribution to the economy from $32 billion to $74 billion (about N1.2 trillion) by 2035.

Minister of Livestock Development, Alhaji Idi Mukhtar Maiha, announced this yesterday during the 2nd edition of the ministerial briefing at the National Press Centre, Radio House, Abuja.

The Federal Ministry of Information and National Orientation organized the event.

Alhaji Maiha highlighted the Nigeria Growth Acceleration Strategy 2025-2035, which aims to position Nigeria as a major player in animal protein markets, both locally and globally. He noted that the country could compete with top producers like Brazil, Argentina, and the USA.

The minister said that the ministry “has taken decisive steps to improve livestock security by establishing a National Animal Identification and Traceability System (NAITS).”

He said, “This initiative was introduced to address cattle rustling, theft, and challenges in tracking animal movement. The system is designed to provide accurate data on the national livestock population, support disease monitoring and control, facilitate compliance with international trade regulations, and strengthen security measures against livestock-related crimes.”