Nigeria Agriculture

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A spate of new investments in Nigeria’s sugar sector should help move the country closer towards its objective of self-sufficiency, although current production is lagging behind government targets.

Nigeria has long relied on imports to help supply its significant rice demand; however, efforts to support small-scale famers through training and improved access to credit are expected to boost domestic production and the overall performance of the agriculture industry.

 

Nigeria has a number of constraints hampering growth in the agricultural sector, ranging from transport networks to access to financing. However, chief among the challenges is limited productivity. The country suffers from sub-par yields, which curb farmers’ profitability and restrict efforts to achieve self-sufficiency in the sector.

 

How would you assess the effectiveness of the Agriculture Transformation Agenda (AGA)?

 

As part of the process of improving food security and the profitability of the agriculture industry, the government is turning its attention to stoking not only production but also the consumption of staple crops. The government wants to play to the industry’s key strengths and, as such, is hoping to extract greater benefit from the most...

 

While oil may be Nigeria’s breadwinner, agriculture remains the most important component of the country’s economy. The sector is the country’s largest employer and accounts for 23.9% of GDP. And yet for many years the agriculture industry took a back seat to the country’s rise as a key global hydrocarbons producer.

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