… Nigeria is the world’s largest producer of cassava, and the crop provides more calories per acre than any other tropical staple. Nigeria stands to gain a lot if particular if urgent attention is paid to agricultural development. What do you suggest? According to Chief Audu Ogbe, the Minister of Agriculture and Rural Development of the Federal Republic of Nigeria (FRN), as published by The … The vital role of Agriculture in the Nigerian economy makes it necessary for the Sector to be reinvigorated in order to achieve food security. 6. As a result, 14 of the 42 member states of the African Union have signed up to CAADP and have met or exceeded a national investment target of 10% of public resources into agriculture. Energy also fuels productive activities including agriculture, commerce, manufacturing, industry, and mining. Having such a large proportion of youth in a country can severely impact tax education and other infrastructure, but youth is not always a burden — in Nigeria, the youth are a formidable political presence, and youth organizations often play a major part in other social realms as well. This article is aimed at shedding some light on the role of agriculture in the Nigerian economy. Investing in agriculture in Nigeria is a great idea. Agriculture in Nigeria has the highest growth percentage of 27% while other sectors have only grown by 1.4% - 18%. SEE ALSO: How To Start Poultry Farming In Nigeria, Before the discovery of crude oil, Nigeria was basically operating an agrarian economy, which involved the cultivation and exportation of cash crops like cocoa, groundnut, palm oil, etc. How To Boost Nigerian Economy Through Agriculture, How To Start Lucrative Pineapple Farming In Nigeria, How Bell Apple Is The New Agricultural Goldmine In Nigeria, Cashew Nut Farming and Processing Business Plan, How To Start Lucrative Cotton Farming Business In Nigeria, How to Start Orange and Lemon Farming in Nigeria, Feasibility Study on Cocoa Farming Production in Nigeria, How to Start Profitable Cocoyam Farming in Nigeria, RE: How do I Contact Buyer of Plantain Flour in Nigeria, RE: Mini Importation Business & Social Media Masterclass. Agricultural Science or agricultural studies as the case may be should be introduced into the education curriculum as a compulsory subject or course from nursery or elementary to tertiary institutions. If the farmland contains a large body of water, water rights can … 1. Ways # 8. Meanwhile, exporting is attractive because of the potential to earn dollars – something the FG highlights as a key opportunity for the sector. 5. To fund these crucial sectors, Nigeria will have to maximize the amount of revenue it raises. Besides being one of the largest and fastest growing countries in the world, Nigeria is also one of the youngest. Nigeria has been having it good economically until recently, due to the crash of oil price globally and no thanks to the resumed hostilities in the Niger Delta region which has immensely and adversely affected Nigeria’s economy. Necessary Documents for Starting Export in Nigeria. History of Agriculture In Nigeria (Problems & Prospects). Agriculture provides jobs to 1.3 billion people, which is close to 40 per cent of global employment, most of them working poor. Wats your email pls. Even if you join leading online marketplaces, you still have to ship to them to ship to the customer. Agriculture in Nigeria has greatly improved in the past few years because of the advent of technology and other necessary infrastructures. As Anietie Udoema once said, “you cannot change a winning formula.” If agriculture sustained Nigeria in the past, it can equally sustain Nigeria now.”. chains, improving national and regional agricultural markets, fos - tering Africa’s collective food security and improving the manage - ment of natural resources. 8 Ways to improve livestock farming in Nigeria. Ways # 7. It would assist the farmers to take proper crop-care leading to increase in crop productivity. End hunger, achieve food security and improved nutrition and promote sustainable agriculture 2.a Increase investment, including through enhanced international cooperation, in rural infrastructure, agricultural research and extension services, technology development and plant and livestock gene banks in order to enhance agricultural productive capacity in developing countries, in particular least … There are many agricultural universities in our country to improve our agricultural condition. SOCIAL MEDIA. What Are The Top 10 Products Being Exported Oversea? its importance in the economy of Nigeria. Going forward, we believe Nigeria’s agricultural sector transformation will come … Nigeria is the largest producer of rice in West Africa and the third in Africa after Egypt … Agricultural mechanisation is on the rise in Africa, replacing hand hoes and animal traction across the continent. Future returns are related to “long” money most likely. Acumen: Investing in Finance Models for Small Businesses in East Africa. Enlightenment Programmes . “The Borgen Project is an incredible nonprofit organization that is addressing poverty and hunger and working towards ending them.” According to Wikipedia, agriculture is a vital industry in China, employing over 300 million farmers. 64 J. Agric. While the system is supposed to … Choosing the right time to plant is often the most important part of … Accepted 21 October, 2011 Privatization of extension service delivery has been considered lately as the only option to remedy the But many investors think that for this you need to buy forage or seedlings, plow the land or buy a young herd. That is why such … Agriculture was neglected in the past despite its ability to contribute to Nigeria's gross domestic products (GDP). September 2017; ... Kebbi State College of Agriculture, Nigeria. They are long-term investments. In ascertaining the sources and accessibility of credit by crop farmers in Enugu-Ezike in Enugu State, Nigeria, the sources of credit to farmers, the socio-economic characteristics of crop farmers’ that have access to credit, access to credit constraints and possible ways of improving farmers’ access to credit were investigated. One of the silos which is located in the Sheda Area of the Federal Capital Territory (FCT) is 100,000 metric tonnes silo and is reputed to be the largest in West Africa. The Federal Government of Nigeria (FGN) has farms across the 36 states of Nigeria, which is managed by the Federal Ministry of Agriculture and Rural Development. Ways in Which Agriculture Boosts a Country's Economy. Equity can also be built by improving the buildings and infrastructure on the land. The research work on the topic “improving Agricultural production through co-operative (A case study of Ndokwa West L. G. A Delta State Co-operative as was carried out to survey the past programmes and polities constituted by government to mobilize peasant farmers into agricultural co-operative and functional ones more productive as a way of facilitating the attainment of self-sufficiency in … With very little support from government, Nigerian agriculture was able to grow at a sufficient rate to provide adequate food for an increasing population, raw materials for a budding industrial sector, increasing public revenue and foreign exchange for government and employment opportunities for an … Offices should be built on the farm where full administrative and supervisory work takes place. Equity Bank Kenya and KCB Bank Kenya identify high-performing agro-dealers to serve as agents that offer financial … The agricultural industry plays a … improving agricultural infrastructure, strengthe-ning research and development of new techno-logies. YISA, the Youth Initiative for Sustainable Agriculture, was founded in 2012 in Abjua and has a cooperative group of young people from 15-40 years old that run several programs to support and encourage sustainable agriculture in Nigeria. The Comprehensive Africa Agricultural Development Program (CAADP), launched in 2003, has driven commitments by 42 African governments to increase public spending on agriculture. For fish farmers, maggots are alternatives, rich in protein and lipids. From the economists’ point of view, farming refers to the sphere where investments cannot give quick profits. RE: How Can I Start Exportation Business? Nigeria stands to gain a lot if particular if urgent attention is paid to agricultural development. Agriculture has been regarded in recent times as the most viable route with which Nigeria can successfully meander from her current economic dilemma. The Role of Agriculture in Nigeria’s Economy. But Africa has not … 4. Public Private Partnership should be encouraged. The employees should be paid as civil servants. Please in respect to the feed formulation mentioned above, I don't get the full meaning of Boss and I want... Dear Opeyemi, please can I be able to reach you privately? Spending on health and education in Nigeria is among the lowest in the world. The Federal Ministry of Agriculture and Rural Development should undertake a national survey and tour of the FGN farms and publish the addresses of the farms. adoption of the World Bank support Training and Visit (T and V) as the main approach for extension delivery. Whether it is a developed country or a developing one, agriculture forms an important sector in improving GDP, which is important to determine the economic performance of a nation For the industries which are agro-based, it is the backbone of their products as major raw materials are obtained from the farm. 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