₦airaland Forum

The Niger State Government has agreed to a deal with the government of Saudi Arabia to export livestock worth about $100 million dollars according to the state governor, Mohammed Umaru Bago, on Tuesday at the Firstbank Agric and Expo 2025.

This signals a positive trend in the government’s non-oil export from the country, and under the deal agreement, the first tranche begins with a $10 million payment to the Niger State government by the Saudi authorities.

The development is aimed at stimulating the economy of Niger state and also making the state a strategic player in the livestock supply chain.

Governor Bago said, “This is incredible. The Saudi government has given us an offtake agreement for $100 million. They’ve asked the Nigerian Export and Import Bank (NEXIM) to come in, and we’re starting with the first $10 million.”

This development comes against the backdrop of increasing geopolitical and environmental disruptions in the Sahel and Sudan, which have created urgent demand for livestock across the Middle East.

Bago explained that this is a $2.5 billion annual opportunity, as Saudi Arabia and neighbouring countries seek stable, high-volume sources for meat and animal by-products.

He said, “This is not just about meat. The tripe, blood, skin, hooves, every part of the animal has value. We’re building the entire ecosystem.”

In his remarks, Olusegun Alebiosu, Firstbank CEO, explained that as a nation, Nigeria finds itself at a pivotal moment in its economic journey, one that demands bold diversification beyond oil and the harnessing of the vast opportunities in our non-oil sectors.

He said, “Today, agriculture, once overlooked, is rightfully at the heart of our national development agenda.”

Alebiosu, during the event, renamed FirstBank Agric & Export Expo, which reflects the bank’s renewed and unwavering commitment to positioning non-oil exports as a transformative force in Nigeria’s economy.

TimeManager:
Meanwhile when Tinubu was creating the Livestock Ministry, members of opposition with limited understanding and stunted foresights were kicking, calling it a waste, propaganda, etc. But look at it now, barely a year, things are shaping up. Look how excited the Governor sounded. How many Governors have been given enabling environment to earn foreign exchange since 1999?. Look how Governors across the states, regions and political parties are executing different kinds of projects under the leadership of Jagaban. And if these Governors completed a project and named it after Tinubu, you will be on your keyboard kicking. Renewed Hope till 2031.


-Kiss the truth!

TimeManager:
Meanwhile when Tinubu was creating the Livestock Ministry, members of opposition with limited understanding and stunted foresights were kicking, calling it a waste, propaganda, etc. But look at it now, barely a year, things are shaping up. Look how excited the Governor sounded. How many Governors have been given enabling environment to earn foreign exchange since 1999?. Look how Governors across the states, regions and political parties are executing different kinds of projects under the leadership of Jagaban. And if these Governors completed a project and named it after Tinubu, you will be on your keyboard kicking. Renewed Hope till 2031.


-Kiss the truth!

paragon10:
And we never get enough livestock for local consumption. Make we just dey play.

Biodun556:
Good news

Other states should buckle up and stop complaining

TimeManager:
https://independent.ng/niger-pens-100m-livestock-export-deal-with-saudi-arabia/

DeepSight:
This has jack to do with the creation of any such useless minisry.

adefitim:
But if it were to be negative news now you can blame the president for it right?

TimeManager:
Meanwhile when Tinubu was creating the Livestock Ministry, members of opposition with limited understanding and stunted foresights were kicking, calling it a waste, propaganda, etc. But look at it now, barely a year, things are shaping up. Look how excited the Governor sounded. How many Governors have been given enabling environment to earn foreign exchange since 1999?. Look how Governors across the states, regions and political parties are executing different kinds of projects under the leadership of Jagaban. And if these Governors completed a project and named it after Tinubu, you will be on your keyboard kicking. Renewed Hope till 2031.


-Kiss the truth!

aribisala0:
It is not good news

We need to understand world geopolitical dynamics

We will not eat dollars we need to feed ourselves before we export any food

Rich countries make a strategic decision to outsource food production to poor countries effectively using their land and people as cheap labour to produce food they cannot produce

That is why we need national cohesion
States should work with the federal government to understand national strategic interests
No food exports whilst we are going hungry

iHart:
We never chop meat finish and you won carry am go Dubai.

kedeojo:
The question is, do you have money to buy cos there is enough to buy in every market and even shop around the country.

Biodun556:
Your state governor should do that

Every state should emulate Niger state

TimeManager:
https://independent.ng/niger-pens-100m-livestock-export-deal-with-saudi-arabia/