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Lagos Annual Cattle Consumption Hits ₦328 billion, Says Commissioner

……….Says Lagos would like to expand on what it can do in the red meat sector

Lagos consume well over 1.8 million heads of cattle on an annual basis and consume over 6,000 heads of cattle on a daily basis, the Commissioner for Agriculture, Abisola Olusanya, has revealed.

Olusanya during an interview on Channels Television’s Sunrise Daily on Friday, said the transactional value for cattle alone for Lagos had risen to over ₦328 billion.

“We would like to expand on what we can do in the red meat sector. Lagos consumes well over 1.8 million heads of cattle on an annual basis. We consume over 6,000 heads of cattle on a daily basis.

“When you consider the transactional value for cattle alone for Lagos, it’s over ₦328 billion but we are producing nothing.”

She described the situation as ridiculous, and that a lot more needs to be done to harness the abundant water resources in the state.

“We have these abundant water bodies around us, what are we doing with it? These are areas where Lagos would like to concentrate on areas where we have the competitive and comparative advantage,” she said.

The commissioner said since Lagos is the largest market for meat, it would make sense for the state government to set up ranches.

Olusanya revealed that the Governor Babajide Sanwo-Olu administration is working on the move, she explained that the government will be rolling out an Expression of Interest to investors.

When asked what the market value of agriculture in Lagos is, the commissioner replied saying: “Over ₦ 5 trillion,” noting that it translates to over ₦13 billion daily.

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