• May 16, 2021

FCTA Budgets N5bn Budgeted For SAPZ Project

(AGENDAWATCHDOG) – The Federal Capital Territory Administration has earmarked the sum of N5 billion in its 2021 budget as complementary fund for the establishment of the Special Agro-industrial Processing Zone (SAPZ) in livestock production.

This was disclosed by the Chairman Project Implementation Committee, Prof. Muhammad Usman, during a stakeholder engagement of AfDB/IFAD-SAPZ appraisal mission to FCT, where he also revealed that the FCTA had developed a strategic implementation plan for the next three years of the administration.

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Prospect of livestock farming in Nigeria ▷ Legit.ng

Speaking further, Usman said that the SAPZ will be complemented with the production in the National Livestock Transformation Plan (NLTP) of the federal government while incentivising as many multi-national corporations with interest in livestock and dairy production.

PROJECTED IMPACT: The project, when completed, will be a game changer in project development in the FCT as it will fully modernise livestock productivity for national food nutrition security by making available quality and price competitive beef/dairy products for local and export markets. It will also resettle pastoralists, decongest the FCT of roaming cattle and mitigate farmer/herder conflicts.

Agenda Watchdog

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