Adamu Garba, a member of the All Progressives Congress (APC), has said cattle business is more valuable than all oil and gas deposits in the country.
Garba, a former presidential aspirant, said this in a tweet on Monday.
He said this while reacting to a directive by Miyetti Allah asking all Fulani herdsmen in the southern parts of the country to return to the north.
Seventeen governors from the region had banned movement of cattle on foot in the region last Tuesday, following a meeting in Asaba, Delta State.
Garba, noted that herdsmen would process other things derived from cow milk and sell to other countries as finished goods.
“I perfectly agree with this proposal. All Fulani present in Southern Nigeria should come back. We shall use the cattle, process the resources, and sell all over the world as finished goods”, he wrote.
“Cattle have more economic value than the entire oil and gas reserve we have in Nigeria. Our major stakeholders in the North must admit cows as business opportunities not just culture & invest heavily to bring #CowToCurrency to reality. Cows alone can solve all Northen problems.
He also listed how the north can make money and develop the region through cattle business.
“The job opportunities, the manufacturing centers, & the connection to global hubs of demands for the best cattle meats can open more doors and set for the liberation of Northern Nigeria from cheap and somewhat, useless oil assets. We must invest in harvesting the value of cattle”, he tweeted.
“A litter of Cow at N350 is much more than the value of a liter of oil at N145. With over 20 million cows, take 1/3 as milk-producing female on average of 5 liters a day, we’ll have almost N12Bn/day from cow milk. That’s about N700M/state/day. About N21Bn/State/Month.
“That is much higher than the monthly allocation the largest state receives in the north. Again, each cow can generate a minimum of 3 Jobs. Rearing, Slughtring, Processing, marketing, Selling, and management. 5M cows =15M jobs. I marveled at the laziness of Northern Governors.
“From each cow, you have: Oil Meat Skin Milk Horn Bones Dungs Grasses More fertile land.
“You also have:: Land Gold Diamond Silver Oil/gas Cement Rivers Fishes All Agricultural produce culture values forests Sahara etc. Why would you ever wait for Oil and Oil only? Shame!”