NEC Approves N100bn Proposal for National Livestock Transformation Plan

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Omololu Ogunmade in Abuja

The National Economic Council (NEC) presided over by Vice-President Yemi Osinbajo Thursday in Abuja approved N100 billion proposal to support the take-off of the National Livestock Transformation Plan (NLTP).

The plan was conceived by the council to serve as a panacea to the protracted crisis between farmers and herders in different parts of the country.

Briefing journalists in the State House after the meeting, Ebonyi State Governor and Chairman of the Sub-committee on Herders-farmers Crisis, Chief David Umahi, said the committee briefed NEC on the N100 billion proposal to support the project.

According to the governor, 80 per cent of the amount will come from the federal government as grants to beneficiary states while such states will contribute the 20 per cent balance.

Umahi also explained that the NLTP proposal is not targeted only at cows, adding that the…



Source: Thisday Newspaper