Chaired by Wale Edun, Honourable Minister of Finance and Coordinating Minister of the Economy, the Economic Management Team, has made known, the economy of Nigeria has “strengthened as government launches strategic livestock growth plan”.
This was announced following a meeting at Wale Edun’s office in Abuja on Thursday.
The Team acknowledged “signs of stability in he economy” with inflation ameliorating for the “fifth consecutive month to 20%”.
It further acknowledged, the Gross Domestic Product (GDP) of the country has held “above 3%”, with merchandise trade surplus reaching “₦7.4 trillion in Q2 2025”.
This was made known via a Press Release titled ‘Nigeria’s economy strengthens as government launches strategic livestock growth plan’ by the Federal Ministry of Finance, Abuja, signed by Mohammed Manga FCAI, Director, Information and Public Relations, on Saturday 20 September, 2025.
The Press Release reads: “The Economic Management Team, chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun on Thursday met in his office in Abuja to review Nigeria’s economic performance and sectoral priorities.
“The meeting welcomed further signs of stability in the economy, with inflation easing for the fifth consecutive month to 20%, GDP growth holding above 3%, and a merchandise trade surplus of ₦7.4 trillion in Q2 2025 — outcomes underpinned by a competitive exchange rate and disciplined reforms.
“The session also featured the presentation of the National Livestock Growth and Advancement Strategy (NL-GAS) by the Minister of Livestock Development, Alhaji Idi Mukhtar Maiha. This two-phased, 10-year plan aims to double herd size and expand sectoral output by at least 100% by 2035 through strong public–private collaboration.
“HM Edun affirmed that initiatives such as NL-GAS, aligned with Nigeria’s broader reform agenda, demonstrate the government’s commitment to unlocking investment, enhancing food security, and laying a foundation for sustainable, private-sector-led growth.”
