Nigeria Agriculture

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Chapter | Agriculture from The Report: Nigeria 2016

While oil may be Nigeria’s breadwinner, agriculture remains the most important component of the country’s economy. The sector is the largest employer and accounts for 23.9% of GDP. And yet for many years the agriculture industry took a back seat to hydrocarbons, with Nigeria rising to be a key global producer. However, with the fall in the price of oil, the country’s high dependence on imports...

The most populous country and arguably the largest economy on the continent, Nigeria is widely regarded as an African powerhouse.

A push by Nigeria to boost the production of staple crops, with a particular focus on cassava, should help improve rural development and food security in the 170m-person country.

As the world’s fourth-largest producer of cocoa – a crop that may have greater importance on a global scale in the coming years due to a projected shortage – Nigeria has seen growing domestic yields in 2014, albeit at a smaller rate than expected. Cocoa farmers in the country face a number of challenges, including volatile weather, disease and pests, and export...

 

What are the greatest obstacles to improving usage rates for arable land in West Africa?

With the world’s seventh-largest population, which continues to grow rapidly from a base of 170m, agriculture is an exceptionally important element of Nigeria’s economy. After decades of declining production, trends have been moving in the opposite direction in the past several years as overall food supply rises. Guided by the Agricultural Transformation Agenda (ATA),...

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