Brazilian firm bringing multi-million dollar investments to livestock sector

Two Interpol watchlisted suspects arrested
A multi-million dollar investment in livestock from Brazil is expected, Minister of Foreign Affairs, Yusuf Tuggar, said yesterday.

He said the ministry has facilitated investments worth $14 billion from multiple sectors in India.

The ministry, he added, also facilitated the repatriation of $52.8 million from the United States in stolen assets.

Tuggar said the ministry signed a strategic Memorandum of Understanding with Germany, Saudi Arabia, China, Equatorial Guinea, France, Cuba, Qatar, UK, India and Brazil.

The minister gave an account of his stewardship at the Ministerial Press Briefing in Abuja organised by the Minister of Information and National Orientation, Alhaji Mohammed Idris.

Minister of Interior, Dr. Olubunmi Tunji-Ojo also featured in the session to highlight the performance of his ministry and agencies under it.

Tuggar said the Brazilian investor, JBS, is one of the largest players in livestock.

“They have decided they’re coming to invest. They are not only going to invest in livestock but also the feed,” the minister said.

Livestock development is a major programme of the Tinubu Administration. To implement this, the President created the Ministry of Livestock Development.

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