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 , which highlights the sub-sector under-development. Livestock provides increased significant economic stability to rural households in the form of cash buffers, as capital reserves, and creates a hedge against inflation.