A glance at National Livestock Plan

On Tuesday, Vice President Yemi Osinbajo officially flagged off the National Livestock Transformation Plan in Gongoshi Grazing Reserve in Mayo Belwa Local Government Area of Adamawa State. Here are the key components of the 10-year plan. The plan is a ten-year (2019-2028) Federal Government’s initiative in collaboration with States under the National Economic Council (NEC). […]

On Tuesday, Vice President Yemi Osinbajo officially flagged off the National Livestock Transformation Plan in Gongoshi Grazing Reserve in Mayo Belwa Local Government Area of Adamawa State. Here are the key components of the 10-year plan.

The plan is a ten-year (2019-2028) Federal Government’s initiative in collaboration with States under the National Economic Council (NEC).

-Seven pilot states of Adamawa, Benue, Kaduna, Plateau, Nasarawa, Taraba and Zamfara are involved.

-FG to spend N92 billion on the project

-State Government or private investors to provide the lands

– Set up grazing areas, ranches for cattle breeding, production of meat and dairy products using global standard.

-Ranchers, smallholder herders and investors will then bring their cattle to a fattening ranch site where cattle would be fed with high quality feeds and provided with water for 150 days to boost average weight from 200-250kg to 450-500kg.

-The fattened cow is then sold to a slaughterhouse located near the ranch or within the ranch premises.

-Each feedlots will house about 3000 cattle per cycle with two cycles per year and each cow gaining an average of 1.2-2.5kg daily depending on its breed.

-At the point of slaughtering, a cow is expected to weigh between 400 to 450kg after the 150 days and can fetch around N350, 000 on average for the farmer at N900 per kg.

-By the end of the 10-year plan (2028), the subsector will be worth N8.16 trillion, representing 2.56 times growth from its current N2.9 trillion GDP value to the economy.