Nigeria, April 24 -- The National Economic Council (NEC) has officially approved the formation of a Cotton, Textile and Garment Development Board with the goal of proposing innovative strategies for agribusiness expansion and livestock transformation. This initiative is projected to contribute as much as $90 billion to Nigeria's economy by 2035.

In a statement by Stanley Nkwocha, Senior Special Assistant on Media and Communication to the Vice President, the plan aims to "reposition Nigeria's economy and tackle insecurity at its roots." This momentous decision came during the 149th NEC meeting held at the Presidential Villa in Abuja, chaired by Vice President Kashim Shettima. The meeting included participation from the governors of the 36...