Kogi State Governor, Yahaya Bello, has said pioneer cattle ranching in the state will expedite capital inflow to the tune of N5 billion in the next two months of its commencement.
Bello disclosed this in Lokoja, yesterday, when he addressed newsmen on the need to create more awareness and enlightenment on economic benefits accruable from cattle ranching, and noted that the project is capable of making the state the food basket of the nation, especially in the area of milk production.
The governor revealed that no few than 10, 000 direct and indirect jobs would be created, just as cottage industries such as diary, meat processing factories would thrive in the state.
“Apart from making us to live harmoniously with each other, Kogi, in no distant time, will become an economic hub for livestock activities through modern cattle ranching, which has the potential to attract both local and international investors.”
He called on well-meaning Nigerians and Kogites to live above political sentiments and embrace cattle ranching, which, he said, has long-term comparative advantage to over dependence on crude oil exploitation.
Earlier, Commissioner for Agriculture, Mr Kehinde Oloruntoba, said about 10,000 and 5,000 hectares of land have been marked in Ajaokuta and Adavi Local Government areas, for the establishment of the pioneer cattle ranching project in the state.
Oloruntoba assured that the project will go a long way in boosting the agricultural activities of the state, and added that the issue of herdsmen/farmers crises would be permanently solved in the state.
Aside organic fertiliser plant manufacturing and economic trees planting, Oloruntoba expressed optimism that the state’s Internally Generated Revenue (IGR) would be boosted tremendously; to prevent over-dependence on dwindling revenue from the Federation Account.
Aside organic fertilizer plant manufacturing and economic trees planting, Oloruntoba expressed optimism that the Internally Generated Revenue (IGR) would be boosted tremendously to prevent over dependence on the dwindling revenue from the federation account.