Nigeria’s feed, fodder sector offers $1bn investment opportunity — AU.FinanceNigeria’s feed, fodder sector offers $1bn investment opportunity — AU.

Nigeria’s feed, fodder sector offers $1bn investment opportunity — AU.

The African Union Inter-Africa Bureau for Animal Resources (AU-IBAR) says Nigeria’s Feed and Fodder sector offers an investment opportunity worth $1 billion.

This was the assertion at the High Level Inventory and Investment Forum for Nigeria themed: Harnessing Feed and Fodder Data for Sustainable Livestock Sector Development, Resilience and Stability, organized by the African Union, held in Abuja, on Thursday, April 17, 2025.

The AU-IBAR project aims at enhancing feed and fodder production, developing a feed inventory and balance sheet, as well as a data dashboard to track feed and fodder availability in six African countries, including Nigeria.

Organizers said the project is expected to promote livestock development, enhance food security, and support the growth of the feed and fodder sector.

Huyam Salih, director, AU-IBAR emphasized that sufficient feed and fodder are crucial for transforming livestock development and ensuring high productivity.

“The project involves developing a feed and fodder dashboard to capture production and availability data, enabling governments to take corrective action to support the sector. The dashboard will help identify gaps and shortages, allowing for early warning systems to be put in place.

She said the project is being implemented across the 6 participating countries including Nigeria in Nigeria (West Africa), Cameroon, (Central Africa), Uganda and Kenya, (East Africa) and Somalia as well and Zimbabwe (South Africa).

Source: Businessday

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