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.
The role of agriculture in Nigeria’s economic diversification
In this Growth and 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. However, both the public and private sectors are working to bridge these gaps, through targeted financing schemes and innovation.