Ask Nigeria Header Logo

Dairy farmers urges increased investments

Photo of author

By Abdulwasiu Usman

Top priority is expanding the sector to provide nutritional necessities.

Stakeholders in the Nigerian cattle industry have lamented the inadequate funding in the sector and have therefore urged for more funding to spur the sector’s growth and development. At the commemoration of World Milk Day in Abuja, the president of the Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), Baba – Othman Ngelzarma, decried the dearth of processors and procurers in several regions of the country where milk is produced. He emphasized the need for significant government’s investment in the sector with huge resources that had been neglected.

In his remark, Muhammadu Abubakar, president of the Commercial Dairy Ranchers Association of Nigeria (CODARAN), said that the recent approval of the National Dairy Policy by the Federal Executive Council was a major step forward in the effort to expand the dairy sector. According to him, the association’s top priority is expanding the dairy sector to provide for the people of Nigeria’s daily nutritional requirements by completely capitalizing on the country’s abundant supply of milk. He further noted that the Association’s ultimate goal is to increase demand and supply of locally produced dairy products of high quality and nutritional value.

CBN has invested over N40 billion in the sector through its CACS.

According to Baba, the Nigeria Dairy Association has regularly used the conference as a forum for gathering the various players in the Nigerian dairy ecosystem to discuss and brainstorm innovative approaches to the problem of ensuring the nation’s milk and dairy product needs are met. The Association has used the resolutions passed at various conferences to inform its policy campaigns and its dairy development initiatives. Director of the CBN’s Development Finance Department, Philip Yila Yusuf, speculated on the positive potential of this well-planned co-operation.

He pointed out that the plan is aimed at achieving the 1.1 million MT (from 600,000 MT) milk supply gap reduction through the joint goal of breed improvement and sustainable rise in milk output. As Philip explains, the CBN as part of it commitment to develop the sector has invested over N40 billion in the livestock sector through its Commercial Agriculture Credit Scheme (CACS), Agribusiness Small and Medium Enterprises Investment Scheme (AGSMElS), and Real Sector Support Facility-Differentiated Cash Reserve Requirement (RSSF-DCRR).

Achieving national security and self-sufficiency is a shared goal.

The World Milk Day conference is a great avenue to make new connections in the industry and find new ways to grow in a global context. This will undoubtedly open up new possibilities for self-sufficiency in the dairy industry in Nigeria by providing access to more feasible and sustainable finance solutions. While acknowledging that achieving national security and self-sufficiency is a shared goal, he stressed the importance of bolstering collaboration with local and international development partners to get there.

Ernest Umakhihe, permanent secretary of the Ministry of Agriculture and rural development asserted that the Ministry is underway with empowerment and capacity building projects for dairy farmers in areas such as hygienic milk production and processing, as well as construction of pasture gathering stations. According to him, other initiatives of the ministry include setting up feed-milling facilities to produce ruminant feeds, animal handling centers and milk collection centers in regions with a comparative advantage for dairy.

FMARD will be offering financial empowerment to producers.

To boost the nutritional status of Nigerians, he said the bank would continue to provide an enabling environment for increased milk production, processing, distribution, and consumption, create jobs along the dairy value chain, and decrease national expenditure on the importation of milk and milk products. Additionally, he mentioned that the Bank of Agriculture, under the auspices of the Federal Ministry of Agriculture and Rural Development (FMARD), will be offering financial empowerment to livestock producers in order to increase their productivity and resilience.


Related Link

Wikipedia: Website

The content on AskNigeria.com is given for general information only and does not constitute a professional opinion, and users should seek their own legal/professional advice. There is data available online that lists details, facts and further information not listed in this post, please complete your own investigation into these matters and reach your own conclusion. AskNigeria.com accepts no responsibility for losses from any person acting or refraining from acting as a result of content contained in this website and/or other websites which may be linked to this website.

Fact Checking Tool – Snopes.com

0 0 votes
Rate This Article
9 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
AN-Toni
AN-Toni
Editor
3 months ago

Dairy farmers urges increased investments.Top priority is expanding the sector to provide nutritional necessities.Express your point of view. 

Iyanu12345ogg
Iyanu12345ogg
Member
3 months ago

Increased investments in the dairy sector can help provide essential nutritional necessities, generate economic growth, create employment opportunities, and contribute to poverty reduction. Therefore, governments and other stakeholders must prioritize investing in the dairy sector to improve production, profitability and nutritional impact.

Abusi
Abusi
Member
3 months ago

The Dairy farmers are playing a huge role in our farms. There should be enough investments channeled to improve rearing of their animals. It will enable them to be more productive.

Tonerol10
Tonerol10
Member
3 months ago

Stakeholders in the Nigerian cattle industry have lamented the inadequate funding in the sector, this will really boost our economy system. But Cattlemen’s in Nigeria operation in a bad way. Open gazing in Nigeria has affected so many farm land. They should stay one place cattle

Haykaylyon26
Haykaylyon26
Member
3 months ago

Dairy farmers urges increased investments, increase financial support for the dairy industry can help with basic nutritional requirements, economic expansion, job creation, and poverty alleviation. To increase output, profitability, and nutritional effect in the dairy industry, governments and other stakeholders must prioritize investing in this sector

Taiwoo
Taiwoo
Member
3 months ago

The dairy farmers are extremely important to our farms. Enough resources ought to be allocated to enhancing animal rearing. They will be able to produce more as a result.

Kazeem1
Kazeem1
Member
3 months ago

However, cattlemen in Nigeria operate in a negative manner, and open gazing in Nigeria has negatively impacted so many farmlands, as stated by stakeholders in the country’s cattle industry. increase investment will help and improve the sector

DimOla
DimOla
Member
3 months ago

The country need to increase the production of milk from cattle and as such the Dairy farmers are seeking for increase in investment in this line of business.

SarahDiv
SarahDiv
Member
3 months ago

More investment from the government, organizations and corporate individuals are needed in dairy business to take it to a greater high where we can begin to export to other countries and generate revenue for the government.

Last edited 3 months ago by SarahDiv