By Samson Adeyanju\u00a0<\/b><\/p>\n
President Bola Tinubu has invited JBS S.A., one of the world\u2019s largest meat processing companies, to invest in Nigeria\u2019s $2.5 billion livestock sector.<\/p>\n
Tinubu made the appeal during the signing of a Letter of Intent between Nigeria and JBS S.A. on Thursday, highlighting the potential to transform the country\u2019s agriculture and resolve farmer-herder conflicts.<\/p>\n
\u201cWe are turning tragedy into opportunity,\u201d Tinubu said, referencing the farmer-herder clashes. \u201cWith modern solutions, we can create economic opportunities, eradicate hunger, and foster prosperity.\u201d<\/p>\n
The president emphasized Nigeria\u2019s readiness to collaborate, citing its vast population and agricultural potential.<\/p>\n
\u201cFood security is vital. Hunger exists, but so does hope, and you are part of that hope,\u201d he told JBS executives.<\/p>\n
JBS S.A., known for processing 33,000 cattle and over eight million birds daily across 50 countries, expressed enthusiasm for the partnership.<\/p>\n
Wesley Batista, JBS founder and president, described Nigeria as a potential hub for protein supply across Africa.<\/p>\n
\u201cWe look forward to working with you. Nigeria offers a great opportunity for business and collaboration,\u201d Batista said, pledging to visit the country soon.<\/p>\n
Ahead of the president\u2019s visit, a Nigerian delegation led by Minister of Livestock Development Idi Mahia toured JBS operations in Sao Paulo, Brazil, studying advanced livestock practices and zero-waste processing.<\/p>\n
The delegation, which included notable figures such as Attahiru Jega and Aisha Rimi, identified JBS as a suitable partner due to its global reach, innovative technologies, and $79 billion annual revenue.<\/p>\n
Tinubu\u2019s outreach aligns with his administration\u2019s focus on attracting international investment to drive food security, reduce poverty, and boost economic growth.<\/p>\n","protected":false},"excerpt":{"rendered":"
By Samson Adeyanju\u00a0 President Bola Tinubu has invited JBS S.A., one of the world\u2019s largest meat processing companies, to invest in Nigeria\u2019s $2.5 billion livestock sector. Tinubu made the appeal during the signing of a Letter of Intent between Nigeria and JBS S.A. on Thursday, highlighting the potential to transform the country\u2019s agriculture and resolve […]<\/p>\n","protected":false},"author":13,"featured_media":56788,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[],"class_list":["post-56787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/56787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=56787"}],"version-history":[{"count":2,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/56787\/revisions"}],"predecessor-version":[{"id":56790,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/56787\/revisions\/56790"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/56788"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=56787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=56787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=56787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}