'How livestock industry can hit N50 trillion in 10 years'

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 69%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The Nigeria Institute of Animal Science has said the country’s livestock industry value could rise to at least N50 trillion over the next decade, if it maintains its current 12.7 per cent annual growth rate.

Its Director-General Prof Eustace Iyayi said for this to happen, the right structures must be put in place.

This, he estimated, will rise to more than 30 percent at the rate of the 10-year projected figure against today’s GDP.“We are grossly under producing because we still import 70 percent of our beef and 25 percent of poultry. We consume about 1.3 million metric tons of milk annually and 60 percent of it is imported,” he said.

“Second, is to adopt ranching for our beef and dairy cows. Rearing them in confinement will lead to their improved productivity. “Coupled with our regulatory activities, our goal is to have a formidable feed sub-sector that can export feed to the global market very soon. For other commodities such as poultry meat, beef, milk, hides, and skin much work needs to be done first to satisfy the internal market before export.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Oil Industry Experts See Huge Opportunities At Samsung’s Welding FacilityNigeria News, Nigeria Newspapers
출처: LeadershipNGA - 🏆 4. / 77 더 많은 것을 읽으십시오 »

Experts condemn violation of regulatory laws in Nigeria's extractive industry“There is a pervasive culture of impunity in the sector, the judicial system is too slow for justice, China is ‘governing’ the mining industry in Nigeria, and nobody is checking their activities”
출처: PremiumTimesng - 🏆 3. / 78 더 많은 것을 읽으십시오 »