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.
Agriculture
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Economic update | Focus Report: Agriculture at the heart of Nigeria's economic development plans
23 Feb 2022
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.
As the world works to bring climate change under control, there is a growing awareness of the negative ramifications of many forms of food production. As a result, some foodstuffs with smaller carbon footprints are gaining traction, creating opportunities for emerging markets.
Interviews & Viewpoints | Osazuwa Osayi, Co-founder and Co-CEO, Farmforte: Interview from The Report: Nigeria 2022
Where do you identify the remaining gaps in Nigeria’s agricultural value chain, and how can domestic players address them?
Articles & Analysis | How agri-tech will boost financing and mechanisation in Nigeria from The Report: Nigeria 2022
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. Some of the major problems that Nigerian farmers face include limited access to information and the market, insufficient financial support, and logistics and transport...
Articles & Analysis | How can Nigeria improve the agriculture sector’s value chain? from The Report: Nigeria 2022
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. In more recent times, focus has returned to the agriculture sector as an important source of revenue as the country seeks to diversify the...