Stakeholders in the livestock industry are calling for increased investments to enhance productivity and meet growing demands. During the World Milk Day event, the Permanent Secretary of the Federal Ministry of Agriculture and Rural Development highlighted the untapped potential of Nigeria's dairy industry and the ministry's efforts in capacity building, infrastructure development, and policy formulation to boost milk production. The Central Bank of Nigeria also pledged its support, acknowledging the supply gap in milk and its commitment to financing the sector. The President of the All Farmers Association of Nigeria emphasized the need for government-private sector collaboration to strengthen the National Livestock Development Plan and reduce farmer-herder conflicts. The Managing Director of the Bank of Agriculture further recommended policy implementation, recapitalization of the bank, and collaboration between private and research institutions to achieve sustainable agricultural financing in Nigeria.Various stakeholders in the livestock sub-sector are emphasizing the importance of increased investments in the livestock industry to enhance productivity and meet the growing demands of the sector. During the World Milk Day event, which brought together key players in the industry, including government officials, farmers, and financial institutions, the need for focused attention and support for the dairy sector was highlighted.

The Permanent Secretary of the Federal Ministry of Agriculture and Rural Development acknowledged the significant potential of Nigeria's dairy industry, which remains largely untapped. He emphasized the ministry's efforts in capacity building and empowerment programs for dairy farmers, construction of essential infrastructure such as milk collection centers and feed-milling facilities, and implementation of policies to guide the dairy sub-sector. The approval of the National Dairy Policy by the Federal Executive Council was seen as a positive step towards scaling up milk production, collection, and processing while creating an enabling environment for activities along the dairy value chain.

The Central Bank of Nigeria also played a vital role in the event, announcing its commitment to supporting the dairy industry. The bank revealed that Nigeria currently has a supply gap of 1.1 million metric tonnes of milk and is working closely with international and local partners to reduce this gap. It has provided substantial financial support of over N40 billion to the sector, aiming to achieve self-sufficiency in dairy products and reduce the country's dependence on milk imports.

Stakeholders, including the National President of the All Farmers Association of Nigeria, stressed the importance of collaboration between the private sector and the government to strengthen the National Livestock Development Plan and address farmer-herder conflicts. They also highlighted the need for the government to implement supportive policies for agricultural financing, the recapitalization of the Bank of Agriculture, and increased collaboration between private entities and research institutions.

Overall, the event served as a platform for stakeholders to discuss and advocate for increased investments, policy support, and collaboration to drive sustainable growth in the livestock industry. By addressing challenges, implementing effective policies, and providing financial support, stakeholders aim to unlock the full potential of the livestock sector and ensure its contribution to food security, economic growth, and rural development in Nigeria.