Nigeria Agriculture

Displaying 37 - 42 of 54
Cocoa revenues are set to grow strongly in Nigeria, the world’s fourth-largest producer, thanks to efforts to improve productivity, and higher prices on international markets.
Partway through an ambitious agricultural development strategy, Nigeria is looking to the land to boost employment, ease the economy’s dependence on oil and ensure food security, but it will need to address a host of challenges before it can enjoy the fruits of its investments.

What are the biggest challenges to vertical integration in Africa’s agricultural sector?

The Federal Ministry of Agriculture (FMARD) released a mid-term report evaluating its Agricultural Transformation Action Plan (ATAP) in May 2013. It aimed for a paradigm shift, in which the logic of the private sector would be applied to a traditionally public sector, and claimed that the result would be more jobs, more food and a better future for...

The largest contributor to Nigeria’s GDP, the agriculture sector accounted for a 40.1% share as of mid-2013, according to the Nigerian National Bureau of Statistics (NBS). It is also the main source of employment in the country, responsible for more than 60% of jobs, as per figures from the International Fund for Agricultural Development. Increases...

The removal of fuel subsidies in Nigeria made headlines in early 2012, but another halt to an expensive, inefficient state intervention took place in the agricultural sector. Fertiliser subsidies were the target of this reform and were replaced with the Growth Enhancement Support Scheme (GES). A first in Africa, the system helps ensure that farmers...

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart