He said Governor Ibrahim Gaidam had also promised to provide the needed funds and facilities in the new market in order to encourage international trading.
Kanem Trust reports that Yobe State is one of the major suppliers of cattle as available statistics has shown that its plains provides annual grazing cycle to over 3.1 million cattle, 22 million sheep, 1.8 million goats and 500,000 camels which accounts for about 41% of the total livestock in Nigeria.
It is also estimated that business transactions in animals that thrive along the Yobe plains to the southern part of Nigeria contribute about N20 billion annually.
“The establishment of the new cattle market along Potiskum Road is timely because it will encourage commerce and regulated trading which would be for the benefit of the government and the people involved in the business,” the chairman said.
Alhaji Kalli Abdu, the district head of Bulabulin in Damaturu, thanked the state government for allocating the new site for the cattle market which, according to him, “is more secure and spacious”.
Nigerians can now earn US Dollars by acquiring premium domain names, most clients earn about $7,000 to $10,000, all paid in US Dollars. Click here to learn how to start.