RUGA: China to Invest into Livestock Production in Nigeria

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Amidst the controversy created by the Federal Government’s proposed RUGA settlements for Fulani herdsmen, China has indicated interest in investing into livestock production in Nigeria.

Today’s Echo gathered that on Tuesday, a delegation of Chinese investors collaborating with the African Development Bank(AfDB) visited Vice President Yemi Osinbajo to discuss investments into agriculture, with focus on crop and livestock production, forestry and fishery.

” Yesterday a delegation of Chinese investors visited, at the instance of AfDB, to discuss investments into Nigeria’s agricultural sector. In their meeting with VP Prof Osinbajo, they disclosed that their focus will be on crop and livestock production, forestry, fishery,” the presidency tweeted on Wednesday.

The Agro-Industrial Initiative, as it is known, seeks to develop a programme that leverages Nigeria’s comparative advantage in key areas of agricultural production. Chinese delegation was led by Prof. Zhao Zhihai, while the AfDB Team was led by Prof Oyebanji Oyelaran-Oyeyinka.

This move comes against the backdrop of the National Livestock Transformation Plan(NLTP) being engineered by the office of the Vice President. The VP’s office has said it is not involved in the RUGA project, which it argues, is different from the NLTP.

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