Agriculture, Solution to Nigerian economy Essay

Agriculture is one of Nigerias most powerful tools in addressing its goals of creating more employment, better public health, and greater economic growth. The transformation of kitchen-gardening would stimulate low-spirited- and medium-sized industries that are in point the engine of economic growth. The need to focus on agriculture stems from the detail that the sector accounts for 70 per cent of the people in the rural areas, the maturation demand for food and, more importantly, the about 44 per cent role of agriculture to Nigerias Gross Domestic Product (GDP). In rescript to achieve economic transformation, it would require more investments in uncouth query and development and the development of infrastructure. Nigeria needs to build its defence against biological threats to crops skillful as is being done for the military. Agriculture in Nigeria in new-fangled decades has been a neglected sector and the gains have been constrained by decrepit institutions and inadequa te infrastructure.These constraints are well known, slight known are the express application of technologies, the low skill base in the sector, and its aging population. The materialization are fleeing rural areas and the production side of the sector. Similarly, financial institutions view the agricultural sector as risky addressing and so it receives a very small portion of commercial credit. Getting the young interested in agriculture and developing a supportive financial system to facilitate the chafe of farmers, traders, and processors to credit could go a long way in some(prenominal) national needs. Effort should be made in Nigeria to depend less on development partners, to move from comparative agricultural production to competitive production, to improve human capital, and to tap into the vast human resources available the youths for development. regime should also make efforts in repositioning agriculture as a prime mover for Nigerias growth and development. The tr ansformation of agriculture would kick in many benefits to the country. Such benefits could include the reduction in the level of unemployment and saving of foreign exchange, among others.