• About Us
  • Contact Us
  • Privacy & Policy
Tuesday, May 13, 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

Farmers in South-South region bemoan lack of government support
Economy

Farmers in South-South region bemoan lack of government support

12 hours ago
Stock market records 34 gainers, 33 losers and N313billion decline 
Economy

Stock market records 34 gainers, 33 losers and N313billion decline 

2 days ago
PETROAN applauds Tinubu’s ban on foreign products importation 
Economy

PETROAN applauds Tinubu’s ban on foreign products importation 

6 days ago
 IMF Urges Nigeria to Increase Tax Revenue Base
Economy

 IMF Urges Nigeria to Increase Tax Revenue Base

2 weeks 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

Nigeria moves to stop foreign shipping waivers
National

Nigeria moves to stop foreign shipping waivers

12 hours ago
PDP Galvanises Efforts Towards Reconciliation, Appoints Saraki To Chair Committee
National

PDP Galvanises Efforts Towards Reconciliation, Appoints Saraki To Chair Committee

14 hours ago
Umoren Organs Were  Not Missing; Family Denies Organ Harvesting Allegations Against Akpabio
National

Umoren Organs Were  Not Missing; Family Denies Organ Harvesting Allegations Against Akpabio

14 hours ago
NDLEA intercepts three vehicles with 3,047kg skunk in Niger state 
National

NDLEA intercepts three vehicles with 3,047kg skunk in Niger state 

1 day ago
2027 election: I am not returning to Aso Rock, will support for Tinubu, says Patience Jonathan
National

2027 election: I am not returning to Aso Rock, will support for Tinubu, says Patience Jonathan

1 day ago
National Security Adviser advocates for Attitudinal Change, Strong Institutions To Combat Graft Offences. 
National

National Security Adviser advocates for Attitudinal Change, Strong Institutions To Combat Graft Offences. 

2 days ago

POLITICS

2027: Atiku has the right to contest for President again – PDP Chieftain

2027: Atiku has the right to contest for President again – PDP Chieftain

14 hours ago
Protest erupts over imposition of candidates across LCDAs at Lagos APC primary 

Protest erupts over imposition of candidates across LCDAs at Lagos APC primary 

1 day ago
More Dilemma For PDP As Three Kebbi Senators Defect To APC

More Dilemma For PDP As Three Kebbi Senators Defect To APC

2 days ago
Our alleged suspension by Abure-led Labour Party is laughable, says LP Reps

Our alleged suspension by Abure-led Labour Party is laughable, says LP Reps

4 days ago
APGA Sustains Support For Government-at-the-Centre Policy – Soludo Reaffirms.

APGA Sustains Support For Government-at-the-Centre Policy – Soludo Reaffirms.

4 days ago
Don’t aspire to be President if you cannot resolve crisis in your “small party” – Akpabio challenges Peter Obi

Don’t aspire to be President if you cannot resolve crisis in your “small party” – Akpabio challenges Peter Obi

4 days ago

YOUR ECONOMY

Farmers in South-South region bemoan lack of government support
Economy

Farmers in South-South region bemoan lack of government support

12 hours ago
Stock market records 34 gainers, 33 losers and N313billion decline 
Economy

Stock market records 34 gainers, 33 losers and N313billion decline 

2 days ago
PETROAN applauds Tinubu’s ban on foreign products importation 
Economy

PETROAN applauds Tinubu’s ban on foreign products importation 

6 days ago
 IMF Urges Nigeria to Increase Tax Revenue Base
Economy

 IMF Urges Nigeria to Increase Tax Revenue Base

2 weeks ago
World Bank Projects Poverty Increase in Nigeria by 2027
Economy

World Bank Projects Poverty Increase in Nigeria by 2027

3 weeks ago
CBEX Scam: Court Orders Arrest, Remand of 6 Promoters of Platform 
Economy

CBEX Scam: Court Orders Arrest, Remand of 6 Promoters of Platform 

3 weeks ago

E & P

11th AMVCA: Femi Adebayo’s ‘Seven Doors’ Sweeps  Top Honours
Entertainment

11th AMVCA: Femi Adebayo’s ‘Seven Doors’ Sweeps  Top Honours

by Emmanuel Ademola
2 days ago
0

Emmanuel  Femi Adebayo's historical drama series "Seven Doors" has established itself as a standout Nollywood production after winning three major...

It’s the toughest season of my career, says Pep Guardiola of Man City

It’s the toughest season of my career, says Pep Guardiola of Man City

2 days ago
Man Utd Ease Past Athletic Bilbao To Set Up An All English Finals With Spurs 

Man Utd Ease Past Athletic Bilbao To Set Up An All English Finals With Spurs 

4 days ago
Naira Abuse/money laundering: Socialite E-Money lands in EFCC net.

Naira Abuse/money laundering: Socialite E-Money lands in EFCC net.

2 weeks ago
Mbappé Sees Red in Alaves Clash as Madrid’s Title Hopes Take a Hit

Mbappé Sees Red in Alaves Clash as Madrid’s Title Hopes Take a Hit

4 weeks ago
Barcelona Beats Leganes, Moves Seven Point Clear Of Close Rivals

Barcelona Beats Leganes, Moves Seven Point Clear Of Close Rivals

4 weeks ago

YOUR THOUGHT & HISTORY

ON THE PUBLIC NUISANCE CALLED SOWORE
Opinion

ON THE PUBLIC NUISANCE CALLED SOWORE

by Kiikpoye Karibo
3 months ago
Data Visualizations
Columns

Five Key Considerations for Creating Effective Data Visualizations

by Blessing Chinyere Daniel
4 months ago
The Transformative Power of AI in Revolutionizing Industries and Empowering Growth
Columns

The Transformative Power of AI in Revolutionizing Industries and Empowering Growth

by Blessing Chinyere Daniel
5 months ago
Navigating the Turbulent Terrain of Entrepreneurship: The Power of Tenacity, Growth Mind-set, and Grit
Columns

Navigating the Turbulent Terrain of Entrepreneurship: The Power of Tenacity, Growth Mind-set, and Grit

by Uloma Harrison-Ikenwanze
5 months ago
The Power of Data in Today’s World
Columns

The Power of Data in Today’s World

by Blessing Chinyere Daniel
5 months 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

Recent News

Farmers in South-South region bemoan lack of government support

Farmers in South-South region bemoan lack of government support

May 12, 2025
Nigeria moves to stop foreign shipping waivers

Nigeria moves to stop foreign shipping waivers

May 12, 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