Nigeria Agriculture Sector Economic Research
The role of agriculture in Nigeria’s economic diversification
In this Growth & Recovery video, OBG explores how agriculture in Nigeria is a major contributor to both employment and revenue, and is especially important as the country works to diversify its economy away from oil. The sector faces several challenges, including integration into global value chains and development costs.
Focus Report: Agriculture at the heart of Nigeria's economic development plans
Recent years have seen renewed policy focus on agriculture as an important source of revenue for a diversified Nigerian economy, with plans to revitalise the sector centred on increasing local production and improving the value chain. The report looks at the key role of agri-tech in supporting the country’s efforts to ensure food security for its growing population and create a more diversified, industrialised economic base.
Nigeria Agriculture Sector Analysis and Interviews
How can Nigeria improve the agriculture sector’s value chain?
Agriculture played an important role in driving Nigeria’s economic growth prior to the discovery of crude oil in 1956. Indeed, between 1962 and 1968 the main source of foreign exchange was export crops.
How agri-tech will boost financing and mechanisation in Nigeria
The pandemic has shone a light on vulnerabilities in the agriculture sector, and underscored the importance of ensuring food security and strengthening the agricultural chain.
Mezuo Nwuneli, Managing Partner, Sahel Capital Agribusiness Managers
On funding and investments in the sector
Osazuwa Osayi, Co-founder and Co-CEO, Farmforte
On supporting small and medium-sized agri-businesses
Nigeria targets agro-processing as a future growth driver
As Nigeria looks to restructure its economy to be more diversified and sustainable, agro-processing is emerging as a key tool to improve agricultural value added while also bolstering the sector’s status as a driver of economic growth.