He said an average cow in the country produces less that one litre of milk per day compared to those from other countries where a cow could produce 100 litres per day.
Ogbeh said this at the 79th anniversary of Ikoyi Club 1938 in Lagos on Thursday.
According to the minister, an average cow in Holland produces a minimum of 50 litres of milk per day, while in the United States, milk production per cow can rise to over 100 litres.
He said moving cows from place to place was a major problem affecting meat and milk production in Nigeria, stressing that the earlier farmers started developing ranches for cows, the better it would be for the cow market and its entire value chain.
“An average cow in the US drinks an average of 100 litres of water per day; but in Nigeria, I doubt whether a cow can get two litres of water per week,” Ogbeh added.
The minister also stated that the country accounted for 67 per cent of the world’s yam production, adding that there were more opportunities for Nigeria to grow its share of the market, valued at $12bn, given the over 50 million hectares of land lying fallow in the country.
To give the agricultural sector a major boost, he said the Bank of Agriculture would soon be restructured so that every local government in the country would have at least a two-room branch. SHARE YOUR STORY WITH US VIA EMAIL: INFO@247NIGERIANEWSUPDATE.CO RECEIVE NEWS VIA OUR WHATSAPP, KINDLY TEXT +234 701 056 0394 TO ADD YOU CLICK HERE TO JOIN US ON OUR YOUTUBE CHANNEL FOR NEWS UPDATE CLICK HERE TO JOIN US ON TWITTER FOR INSTANT NEWS UPDATE: @247NGNEWSUPDATE CLICK HERE TO JOIN MILLIONS AROUND THE GLOBE TO READ NEWS ON OUR FACEBOOK FAN PAGE FOR INSTANT UPDATES ON INSTAGRAM CLICK HERE RECEIVE INSTANT NEWS UPDATE VIA OUR BBM BROADCAST: D3EDEFDF PLACE YOUR TEXT ADVERT BELOW:>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>