The Nigerian government has intensified efforts to develop the livestock sector as a strategic pathway to boost MSMEs, create jobs, and strengthen food security under its broader plan to build a $1 trillion economy. Nigerian investment opportunities Speaking at a national stakeholders’ roundtable in Abuja, organised by the Abuja Chamber of Commerce and Industry, the Minister of Budget and Economic Planning, Abubakar Bagudu, described the sector as one of the most inclusive and scalable opportunities for economic growth. He noted that livestock activities are present across all parts of the country but remain underperforming due to limited modernisation and fragmented development efforts. Currently contributing about five per cent to Nigeria’s Gross Domestic Product, the sector has significant potential to expand with improved productivity and investment. According to Bagudu, the government is implementing a broad reform plan aimed at strengthening policies, improving coordination, and attracting private sector participation. The initiative aligns with the economic agenda of Bola Ahmed Tinubu to unlock key sectors and drive sustainable growth. He added that the National Economic Council, chaired by Vice President Kashim Shettima, is coordinating efforts across federal, state, and local governments to ensure policy alignment and measurable outcomes. A major step in this direction is the establishment of the Ministry of Livestock Development, which is expected to accelerate growth by improving production, processing, and distribution across the value chain. For small businesses, the reforms are expected to unlock opportunities across livestock farming, processing, logistics, and export. The government also plans to support small-scale producers through targeted funding, infrastructure development, and policies that reduce risks for investors. Bagudu highlighted Nigeria’s large population as a strong domestic market for livestock products, with additional opportunities to expand exports. He noted that countries such as Brazil and Indonesia have demonstrated how livestock development can significantly boost economic output. Nigerian investment opportunities Addressing challenges within the sector, the minister pointed to outdated practices, pressure on land, and slow adoption of modern systems as key drivers of recurring conflicts. He stressed that modernisation and better resource management would help reduce tensions and improve productivity. He also commended the ACCI for bringing together stakeholders, noting that collaboration between government, businesses, and development partners is critical to unlocking the sector’s full potential. “With the right coordination, investment, and policies, the livestock sector can meet local demand and become a major source of exports, jobs, and national growth,” Bagudu said.