The Somali government is under fire for allegedly granting exclusive control of livestock exports to a foreign businessman, a move critics say threatens the livelihoods of millions and undermines economic sovereignty.
Nearly 100 federal parliamentarians have denounced the alleged monopoly, highlighting its potential to disrupt Somalia’s vital livestock sector, which supports over 60% of the population and contributes significantly to export earnings. Lawmakers have warned of corruption, economic instability, and widespread job losses.
Abu-Yasir, the businessman at the center of the controversy, has faced accusations of exploiting local traders in the past. The decision reportedly excludes Somali entrepreneurs and leaves herders, traders, and transport workers struggling to sustain their incomes. MP Mursal Mohamed Khalif vowed to hold the government accountable when parliament reconvenes, warning of legal action if clear answers are not provided.
The fallout has extended to Somaliland, where traders have reported a halt in livestock exports to Saudi Arabia, allegedly due to Abu-Yasir’s exclusive rights. Around 80,000 livestock remain stranded at Berbera port, with stakeholders warning of severe economic repercussions across the supply chain.
Somaliland’s Minister of Livestock, Omar Shu’ayb Mohamed, criticized the Somali federal government for interfering in regional trade and undermining local autonomy. The livestock industry, a cornerstone of Somalia’s economy, is now at risk, with calls growing for urgent government intervention to resolve the crisis.