By Mohammed Baba Yahaya
Equine Investment is the allocation of capital into assets and businesses related to horses with primary expectation of generating financial return. However, in the context of Nigeria’s socio-economic challenges, the practice is almost invariably viewed through a critical lens. It becomes a lightning rod for debates about good governance, the appropriate use of power and resources, and the disconnect between the political elite and the ordinary citizen.
The Farmer Governor Umar Bago is a known equestrian enthusiast with a significant investment in horse farming. This has drawn a wide criticisms that in a state facing security challenges (banditry), infrastructural and basic social needs deficits, the governor’s personal interest in horse breeding is a misplacement of priority and a symbol of elitism.
Here is the caveat, (I stand to be corrected)Governor’s interest in horse farming is not merely a personal hobby; it is a strategic component of a larger economic and cultural blueprint for our state. First, let us be unequivocally clear: I want to believe that this is a private enterprise that predates his tenure as Governor, which can now be leveraged for public good for Economic Diversification and Job Creation, Tourism Development, and Symbolism of a New Mindset
Bago often says, ‘We cannot continue to do things the old way and expect new results.’ His approach to horse farming—applying modern breeding techniques and a business mindset—is a metaphor for his entire administration. It’s about taking what we have and transforming it into a viable, wealth-creating enterprise. Just as we are revolutionizing crop agriculture, we should also be looking at all aspects of agribusiness, including livestock.
If we look at the bigger picture, we will realize that Bago’s focus on his farm is no different from a tech CEO investing in startups—it is about fostering innovation and economic growth in a sector he understands. While his primary focus the New Niger Agenda remains unwavering. His private ventures are complementary to this vision, demonstrating practical models for success. I am confident that as these initiatives bear fruit—from the massive agricultural reforms to the niche equestrian project—the people of Niger State will be the ultimate beneficiaries.
Don’t forget that Bago has a background in banking sector and has had a career in several financial institutions. Thus, his moves are all about wealth creation.