Business & Economy
FG reassures on unlocking of potentials of livestock industry

By Our Reporter
Minister of Livestock Development, Idi Maiha, has said that the federal government would not relent in its efforts to unlock the potentials of the livestock industry and address the long-standing conflict that have existed between the herders and farmers that threatened national food and nutritional security.
Maiha, who spoke on Thursday while declaring open a Leadership Summit of the Nigerian Veterinary Medical Association NMVA in Abuja, said President Bola Tinubu administration remain committed to supporting livestock sector and ensure its growth and sustainability for socio-economic development of the country.
The minister, who was represented by the Chief Veterinary Officer of the country, Dr. Columba Vakuru noted that one of the most significant milestones achieved under the visionary leadership of President Bola Tinubu was the creation of the new Ministry of Livestock Development.
He explained that the ministry was created with a clear vision to unlock the potentials of the livestock industry and address the long-standing conflict that have existed between the herders and farmers that threatened national food and nutritional security.
The minister said the ministry in collaboration with the relevant stakeholders is working hard to identify and solve the challenges that bring about under-development in the sector.
“The ministry is working hard to bring about lasting solutions to identified challenges through consultative and all-inclusive strategy. This requires good leadership, better governance, informed policies and effective collaboration across all stakeholders,” he stressed.
Maiha emphasized that the ministry is fully on course and committed to the actualization of Mr. President’s Renewed Hope Agenda.
“For instance, a newly constructed forty (40) million doses capacity, solar powered national strategic vaccine cold room storage has just been commissioned in Abuja.
“This will greatly improve our ability to prevent, manage and control diseases that threaten the livestock sector which holds immense potentials for economic growth, food security, wealth and job creation across the country,” he added.
Earlier in his welcome address, the National President of the Nigerian Veterinary Medical Association, Dr. Moses Arokoyo, said “we live in a world that has not just become a global village, but has a dynamism of change which bring about emerging and re-emerging diseases where we have witnessed multiple outbreaks of zoonotic diseases in quick succession this year.”
Arokoyo, therefore, emphasized that their role as veterinarians in raising awareness on emerging zoonotic threats, promoting animal welfare, advancing scientific research and making known the effects of climate change can no longer be handled with levity, and assured commitments to contribute for the development of livestock in Nigeria and diseases control, ensure public health and safety.
“With the creation of the ministry, we must ensure our potentials are properly harnessed and our role as veterinarians we play it to ensure there is wholesome meat and there is public health and zoonotic diseases are controlled. These are some of the ideas and strategies to contribute to national development,” he said.
Also speaking, the President, Veterinary Council of Nigeria, VCN, Dr. Aisha Abubakar Baju said President Bola Tinubu administration is passionate about livestock development, thus the creation of the ministry and the Council is committed in ensuring collaborative effort in livestock development in Nigeria
“Coming up with the ministry and the Committee on Implementation of Livestock Development Reform is a fantastic development and we, at the Council are committed to align with Mr. President to achieve success in his Renewed Hope agenda of economic development,” she said.
The president assured that the Council would ensure quality leadership for the development of the veterinary profession and professionals to attain its rightful position in governance and socio- economic development of the country.
Business & Economy
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Business & Economy
Hajj: CSO urges enlightenment for Nigerian pilgrims on currency denominations

By Abdul-Ganiyy Akanbi,Abuja
A faith-based registered Civil Society Organization, CSO, that reports and advocates for workable Hajj policies, the Independent Hajj Reporters, IHR, has called on the States’ Muslim Pilgrims Welfare Boards, SMPWBs to conduct a special enlightenment programme to intending pilgrims on Saudi Arabian currency denominations.
The group, in a statement signed and released on Friday by its national coordinator Ibrahim Muhammad, said: “Now that the Central Bank of Nigeria, CBN has approved the payment of 2025 Hajj BTA via cash payment in US dollars, we call on States Muslim Pilgrims Welfare Boards, agencies and Commission to organize a special enlightenment program to educate Nigerian pilgrims on currency denominations especially on the exchange rates between US dollars and Saudi Riyals.”
It added: “Most of the Nigerian pilgrims are not conversant with foreign currencies especially US dollars and Saudi Riyals, and can hardly identify the value of each denomination unless they are guided during hajj, where hundreds of thousands of pilgrims engage in financial transactions.
“Given the above, Nigerian pilgrims should also be shown the Saudi Riyals currency denomination so that they can be able to identify such whenever they need to change US dollars to Saudi Riyals or make a purchase using either of the two currency denominations.
“This call is important due to past experiences where some dubious Saudi-based individuals shortchanged our dear pilgrims whenever they make purchases or try to convert their BTA to US dollars.”
IHR warned that Nigerian female pilgrims who patronize unregulated dental services to change their teeth as soon as they arrive in Madinah are more vulnerable to being shortchanged.
The group also pleaded with airlines to use the onboard educational system to educate pilgrims on the same subject as a way of corporate social responsibility to help mitigate the risks of financial losses on the part of intending pilgrims.
“Understanding denomination in today’s currency circulation is crucial as it serves as the foundation of all monetary transactions worldwide. It will enable pilgrims to comprehend the value of their BTA.
“According to the Central Bank of Saudi Arabia, SAMA, the most-exchanged foreign currencies during Hajj are the US dollar, the euro, the Singapore dollar, the Indian rupee, the Indonesian rupiah, the Emirati dirham and the Malaysian ringgi,” IHR stated.
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