About L-PRES

L-PRES is a 6 Year Project with Development Objective (PDO) to improve livestock productivity, resilience and commercialization of selected value chains and to strengthen the country’s capacity to respond to an eligible crisis or emergency.

Livestock is vital to Nigeria’s economy and poverty alleviation. It employs 30 percent of the rural population but accounts only for less than 10 percent of the Agricultural GDP and 2-3 percent of the National GDP, highlighting the sub-sector under-development. Livestock provides significant economic stability to rural households in the form of cash buffers, capital reserves, and a hedge against inflation.