NEC approves N100bn for National Livestock Transformation Plan

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The National Economic Council has proposed a N100 billion budget for the National Livestock Transformation Plan and implementation guidelines for the federal and state governments.

The Ebonyi State Governor, Chief Dave Umahi who made this known while briefing newsmen after the National Economic Council meeting presided over by Vice President Yemi Osinbajo, at the Presidential Villa, Abuja also stressed that the plan did not include non-Nigerians.

According to him, participation by states are voluntary and the Federal Government is to contribute 80% of the budget while interested states and the private sector are expected to provide 20% of the budget, for land and other logistics.

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The Ebonyi State governor said the plan was not targeted only at cows but a wholistic strategy to address animal husbandry with a six pillar approach to transform the livestock production system in the country along market-oriented value chain while ensuring an atmosphere of peace and justice.

The Edo State Governor, Mr Godwin Obaseki, told journalists that the country had lost 22.6 million barrels of oil to the activities of petroleum pipeline vandalism and stealing of crude oil in the first six months of this year and quantity lost was estimated at $1.35 billion (N481.95 billion).

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The Gombe State Governor, Alhaji Inuwa Yahaya said Governors requested for clarification from the council chairman, Professor Osinbajo, on the relationship between NEC and the newly formed Economic Advisory Council EAC.

The governor added that NEC could be briefed regularly on the activities of the Economic Advisory Council with the permission of Mr. President.

The NEC comprises state governors and relevant ministries of government and the Central Bank of Nigeria.

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