“Tragedy Into Economic Opportunity”: Tinubu Speaks On Investment In Livestock Development
- President Bola Ahmed Tinubu said the investment of his administration in the livestock sector will resolve the farmer-herder crisis
- Tinubu said his administration is trying to turn a situation of tragedy and hopelessness into economic opportunity
- He said his government will adopt the modern and civilized way to solve those problems and even bring a successful economy out of it
Legit.ng journalist Adekunle Dada has over 5 years of experience covering metro, government policy, and international events
Rio de Janeiro, Brazil - President Bola Ahmed Tinubu said his administration's investment in livestock development is an attempt to turn a situation of tragedy and hopelessness into economic opportunity.
Tinubu said the livestock development will end the farmer-herder clash crisis and eradicate hunger and poverty in Nigeria.
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President Tinubu stated this at the signing of a Letter of Intent with JBS S.A., one of the top three largest meat processing companies globally, in Rio de Janeiro, Brazil on Thursday, November 21.
Bayo Onanuga, the Special Adviser to President Tinubu on Information & Strategy made this known in a statement issued via his X handle (formerly known as Twitter) @aonanuga1956.
“What we are doing right now is that we are solving a problem that afflicted humanity in that part of Africa, clashes between farmers and migrating cows that have caused some life and bloodshed when there is a modern, civilized way to solve those problems and even bring a successful economy out of it.
“We are trying to turn a situation of tragedy, hopelessness into economic opportunity, see through problems and see the opportunity that is involved in it.”
Tinubu urged JBS S.A. to see the considerable potential in the $ 2.5 billion livestock investment opportunities in Nigeria, especially with its huge population,onthe and tap into it.
Tinubu departs Abuja For the G20 Leaders' Summit in Brazil
Legit,ng earlier reported that President Tinubu departed Abuja for South American country, Brazil on Sunday, November 17 to participate in the 19th meeting of the G20 Leaders’ Summit in Rio de Janeiro, Brazil.
Onanuga said Tinubu is attending the meeting at the instance of the Brazilian President and current President of G20 Leaders, Luiz Inacio Lula da Silva.
President Tinubu is also expected to hold bilateral meetings on the sidelines of the Summit in the advancement of Nigeria’s socio-economic reforms.”
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