{"id":73720,"date":"2025-08-20T12:51:56","date_gmt":"2025-08-20T12:51:56","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=73720"},"modified":"2025-08-20T12:51:56","modified_gmt":"2025-08-20T12:51:56","slug":"niger-secures-100m-livestock-export-deal-with-saudi-bank","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/08\/20\/niger-secures-100m-livestock-export-deal-with-saudi-bank\/","title":{"rendered":"Niger Secures $100m Livestock Export Deal with Saudi Bank"},"content":{"rendered":"<p><strong>By Anifowoshe Oladipupo<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Niger State Governor, Mohammed Umaru Bago, has announced a landmark $100 million livestock offtake agreement with the Saudi Export and Import Bank, signaling a major boost for Nigeria\u2019s non-oil export sector.<\/p>\n<p>The deal, which begins with an initial $10 million tranche, will see Niger State supplying livestock to the Middle East, positioning the state as a key player in global protein supply chains.<\/p>\n<p>Governor Bago disclosed the agreement on Tuesday, August 19, at the FirstBank Agric and Export Expo 2025.<\/p>\n<p>He explained that the Saudi government had approached the Nigerian Export and Import Bank (NEXIM), to facilitate the arrangement, describing it as a transformative opportunity for both Niger State and Nigeria.<\/p>\n<p>The governor noted that the deal covers the entire livestock value chain, including meat and by-products such as tripe, blood, and skin.<\/p>\n<p>He projected that the export potential for the region could reach as much as $2.5 billion annually.<\/p>\n<p>The development comes amid rising geopolitical and environmental instability in the Sahel and Sudan, which has heightened the demand for livestock in the Middle East.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Anifowoshe Oladipupo &nbsp; Niger State Governor, Mohammed Umaru Bago, has announced a landmark $100 million livestock offtake agreement with the Saudi Export and Import Bank, signaling a major boost for Nigeria\u2019s non-oil export sector. The deal, which begins with an initial $10 million tranche, will see Niger State supplying livestock to the Middle East, [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":73721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1740,173,172],"tags":[],"class_list":["post-73720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agriculture","category-business","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/73720","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\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=73720"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/73720\/revisions"}],"predecessor-version":[{"id":73722,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/73720\/revisions\/73722"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/73721"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=73720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=73720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=73720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}