• About Us
  • Contact Us
  • Privacy & Policy
Friday, July 25, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

New Livestock Ministry to Boost Nigeria’s Economy and Tackle Insecurity – NILEST

Vincent Amadi by Vincent Amadi
October 7, 2024
in Economy
Reading Time: 5 mins read
A A
0
New Livestock Ministry to Boost Nigeria’s Economy and Tackle Insecurity – NILEST
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram


The Director-General of the Nigerian Institute of Leather Science and Technology (NILEST), Mohammed Yakubu, has voiced strong support for the establishment of the Ministry for Livestock Development, affirming that it will significantly bolster the Nigerian economy and help combat the country’s insecurity issues.

Yakubu described the move, initiated by President Bola Tinubu, as a critical decision that has the potential to reshape Nigeria’s economic landscape and provide lasting solutions to several national challenges.

In a detailed interaction with journalists on Saturday in Abuja, Yakubu elaborated on the profound benefits that the newly created ministry is expected to bring to Nigeria.

He stressed that the ministry’s establishment marks a pivotal moment for the country, given the vast untapped potential within the livestock industry.

According to him, the ministry will create opportunities to fully exploit the sector’s value chain, which will, in turn, yield substantial economic rewards.

Yakubu praised the foresight of President Tinubu, stating that this decision would have far-reaching effects not only for the economy but also for resolving long-standing security problems linked to the livestock industry.

He emphasized the critical role the ministry will play in resolving violent conflicts between herders and farmers, which have been a significant source of insecurity in various parts of Nigeria.

“The creation of the Ministry of Livestock Development is a welcome development and we have to thank President Bola Tinubu for this foresight because it is going to solve many problems and kill two birds with one stone. The issue of banditry and herder-farmer clashes will be addressed by this singular commitment by Mr President,” Yakubu stated.

This comment reflects his optimism that the ministry will tackle both economic and security issues simultaneously, serving as a multifaceted solution for the country.

Yakubu further highlighted that the establishment of the ministry will create opportunities for maximizing the livestock sector’s value chain, which will ultimately increase foreign exchange earnings for Nigeria.

He noted that the industry’s expansion would also open up numerous job opportunities, particularly for skilled artisans who play a vital role in the processing of livestock products.

He explained that the value chain in the livestock industry begins with animal husbandry, making it essential to ensure the best quality hides and skins.

These by-products of the meat industry are of significant economic value, contributing up to 15 percent of the total value of an animal.

Yakubu expressed his confidence that the ministry would be instrumental in advancing this process: “When the President made the statement, I thought our problem had been solved because the development of the value chain begins with animal husbandry. The best way to rear an animal to get hides and skin of the best quality can only be achieved if we have a ministry that looks into that from the area of science and technology.”

Yakubu underscored the potential collaboration between NILEST and the new Ministry of Livestock Development, suggesting that such a partnership could drive innovation and efficiency in the sector.

He noted that hides and skins, as key products of the meat industry, have significant value and can contribute even more to the Nigerian economy if properly managed.

“The moment this ministry comes on board, NILEST is going to partner with them; we are going to collaborate a lot. Hides and skin are core products of the meat industry, representing about 15 percent of the value of the entire animal,” he added.

He further broke down the economic value of animal by-products, explaining that in Nigeria, the outer part of the animal, when processed, can fetch a price that is 20 to 30 percent of the total cost of the animal.

Yakubu argued that by fully developing this sub-sector, Nigeria’s leather industry could see even greater contributions to the economy.

“In Nigeria, as it is now, by the time you get the outer part of the animal and you work it up, you will sell it at a price that is almost 20 to 30 percent of the entire cost of the animal. I believe if we develop this sub-sector of the economy, the leather value chain will play a greater part.”

To ensure this development, Yakubu suggested the creation of a dedicated department within the new ministry, one that would focus specifically on best practices for animal rearing to produce high-quality hides and skin.

He highlighted the importance of understanding factors such as the age at which animals yield the best quality skins, which would help maximize the industry’s value.

Yakubu also pointed out the significant contributions of the leather industry to the Nigerian economy, noting that it currently generates over $3 billion annually.

He believes that with the establishment of the Ministry for Livestock Development, this figure could grow even further, unlocking additional economic opportunities for Nigeria.

The director-general is confident that if the livestock and leather industries are developed in alignment with best practices, they can become major drivers of economic growth and development.

He concluded by urging all stakeholders, as well as the general public, to support the government’s efforts to ensure the successful launch and functioning of the ministry.

Yakubu stressed that the collective effort of all parties involved would be crucial for the ministry’s success, adding that its proper take-off will yield significant benefits for the country as a whole.

Mohammed Yakubu’s strong endorsement of the Ministry of Livestock Development reflects his belief that the initiative is not only essential for economic growth but also for addressing pressing security concerns.

His vision for the future includes a thriving livestock and leather industry, backed by science and technology, which can provide sustainable economic and social solutions for Nigeria.

He called on Nigerians to rally behind the government’s initiative, assuring them that the ministry would play a transformative role in the nation’s future.

Vincent Amadi

Vincent Amadi

Related Posts

Naira depreciates against dollar twice in one week
Economy

Naira depreciates against dollar twice in one week

2 days ago
Dangote Refinery Drops Pump Prices Again with a Price Range between 875 and ₦905 Nationwide
Economy

Dangote Refinery Targets 700,000 BPD Capacity by Year-End

5 days ago
Nigerian Stock Market Gains N833bn as Dangote, BUA Lead Rally
Economy

Nigerian Stock Market Gains N833bn as Dangote, BUA Lead Rally

7 days ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Marketers kick against Dangote’s plan to crash price of cooking gas

1 week ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Tinubu should have debunked rumours of dropping Shettima as running mate in 2027 – Baba-Ahmed
National

Tinubu should have debunked rumours of dropping Shettima as running mate in 2027 – Baba-Ahmed

20 hours ago
Reps queries Ibas over N24bn for CCTV, N30bn for gunboats in Rivers’ 2025 budget
National

Rivers State Begins Staff, Pensioners Verification Exercise

1 day ago
NSF: Rivers Athletes Express Fear Over Unfulfilled Promises
National

NSF: Rivers Athletes Express Fear Over Unfulfilled Promises

2 days ago
BENUE ATTACK: Benue Speaker Visits Yelewata IDPs, Vows Land Protection
National

BENUE ATTACK: Benue Speaker Visits Yelewata IDPs, Vows Land Protection

2 days ago
Peter Obi, El-Rufai Will Join ADC After Party Obligations
National

Coalition not centred on a specific candidate – ADC Spokesperson, Abdullahi

2 days ago
Amaechi’s wife, Judith refutes Wike N4bn NDDC funds allegation against her
National

Amaechi’s wife, Judith refutes Wike N4bn NDDC funds allegation against her

2 days ago

POLITICS

APC Nears Two-Third Senate Majority After PDP Defections

APC Nears Two-Third Senate Majority After PDP Defections

19 hours ago
PDP Governors hold closed door meeting ahead of NEC session

PDP Governors hold closed door meeting ahead of NEC session

20 hours ago
2027: Obi tricked into Atiku-backed coalition — Katchy Ononuju, former aide to Obi

2027: Obi tricked into Atiku-backed coalition — Katchy Ononuju, former aide to Obi

20 hours ago
Peter Obi Free to Run in 2027 – Datti Baba-Ahmed

Peter Obi Free to Run in 2027 – Datti Baba-Ahmed

1 day ago
Coalition and ADC will not survive – Ortom

Coalition and ADC will not survive – Ortom

3 days ago
Governor Adeleke Denies PDP Defection Rumour

Governor Adeleke Denies PDP Defection Rumour

3 days ago

YOUR ECONOMY

Naira depreciates against dollar twice in one week
Economy

Naira depreciates against dollar twice in one week

2 days ago
Dangote Refinery Drops Pump Prices Again with a Price Range between 875 and ₦905 Nationwide
Economy

Dangote Refinery Targets 700,000 BPD Capacity by Year-End

5 days ago
Nigerian Stock Market Gains N833bn as Dangote, BUA Lead Rally
Economy

Nigerian Stock Market Gains N833bn as Dangote, BUA Lead Rally

7 days ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Marketers kick against Dangote’s plan to crash price of cooking gas

1 week ago
Senate Threatens Arrest of NNPCL Boss over missing N210 Trillion
Economy

Senate Threatens Arrest of NNPCL Boss over missing N210 Trillion

4 weeks ago
IPMAN: Dangote’s New Delivery Plan Will Bring Cheaper Fuel to Nigerians’s
Economy

IPMAN: Dangote’s New Delivery Plan Will Bring Cheaper Fuel to Nigerians’s

1 month ago

E & P

Will Osimhen Leave Turkey in January? Galatasaray Coach Provides Update on Napoli Loan Future
Sports

Breaking News: Victor Osimhen finally joins Galatasaray in summer transfer

by Steven Atogi
4 days ago
0

After weeks of intense negotiations, Galatasaray has finally secured a €75 million transfer deal for Victor Osimhen. The Victor Osimhen...

Inter Milan Target Ademola Lookman in €40m Transfer Bid

Inter Milan Target Ademola Lookman in €40m Transfer Bid

7 days ago
Update: Speed Darlington sues NAPTIP, demands N3billion for alleged damages

Update: Speed Darlington sues NAPTIP, demands N3billion for alleged damages

1 week ago
Victor Osimhen Transfer Drama Escalates as Napoli Rejects Galatasaray’s Third Bid

Osimhen Asks Napoli to Clear Path for Galatasaray Move – Mustafa Göksu

1 week ago
Victor Osimhen Transfer Drama Escalates as Napoli Rejects Galatasaray’s Third Bid

Victor Osimhen Transfer Drama Escalates as Napoli Rejects Galatasaray’s Third Bid

2 weeks ago
Oliseh Warns Osimhen Against Galatasaray Return, Urges Premier League Move

Oliseh Warns Osimhen Against Galatasaray Return, Urges Premier League Move

2 weeks ago

YOUR THOUGHT & HISTORY

Tribute to Old Port Harcourt Boy (Peter Rufai)
Columns

Tribute to Old Port Harcourt Boy (Peter Rufai)

by Tonye Orabere
4 days ago
A Democracy Strained: Buhari’s Human Rights Record and the Repression of Dissent
Columns

A Democracy Strained: Buhari’s Human Rights Record and the Repression of Dissent

by Odini Brains
1 week ago
El-Rufai Plans New Party as ADC Backup Against APC Interference
Columns

The Shadow Strategist: El-Rufai, the Illusion of Power, and 2027’s Looming Reckoning

by Odini Brains
3 weeks ago
Columns

Kidnapped, Silenced, Vindicated: The Full Impact of Kanu’s Judgment

by Odini Brains
4 weeks ago
The Emerging Kogi: Economic Growth Impact Transforming Better Reality
Columns

The Emerging Kogi: Economic Growth Impact Transforming Better Reality

by Kiikpoye Karibo
4 weeks ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

APC Nears Two-Third Senate Majority After PDP Defections

APC Nears Two-Third Senate Majority After PDP Defections

July 24, 2025
PDP Governors hold closed door meeting ahead of NEC session

PDP Governors hold closed door meeting ahead of NEC session

July 24, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address