National Agricultural Resilience Framework
Globally, agriculture is the mainstay of most well planned economies because it contributes significantly to the national gross domestic product (GDP), creates employment, provides food for human sustenance, raw materials for industry and earns foreign exchange. Nigeria is blessed with abundant agricultural resources spanning several agro-ecological zones. Nigeria’s total land area is 92.3 million ha with a cultivable area estimated at 84 million ha, which is 91% of the total area. Forests account for 13% of the land area. Most of the country’s land area is fertile and conducive for growing a wide range of crops and raising livestock. Nigeria’s 853-km coastline along the Gulf of Guinea is a gateway to a vast ocean, which, together with ample fresh water resources provided by the Niger and Benue river systems, affords tremendous potential for fisheries and aquaculture. Nigeria took advantage of these resources to establish itself as an agricultural powerhouse in the 1960s. According to statistics from the United Nations Food and Agriculture Organization (FAO), by 1961 the country accounted for 42% of global trade in groundnut oil and 18% of cocoa. In addition, Nigeria hosted 27%of the world’s palm oil industry. The country was also self-sufficient in food production before the discovery of oil in the 1960s.
Although the Federal Government relies on crude oil for more than two thirds of its revenue, Nigeria’s biggest economic sector is agriculture, which accounts for 44% of GDP and 70% of employment. Agriculture is intricately linked with many sectors of the economy and is essential for the broad-based growth necessary for development. A major policy thrust of the Government of His Excellency, the President and Commander in Chief of the Armed Forces of Nigeria, Dr Goodluck Ebele Jonathan is the Agricultural Transformation Agenda (ATA), through which the Federal Government plans to add at least 20 million metric tonnes of food to the national supply and 3.5 million new jobs in the agriculture sector by 2015. The ATA is a deliberate, bold and carefully crafted programme of the Federal Ministry of Agriculture and Rural Development (FMARD) under the leadership of the Hon. Minister of Agriculture and Rural Development, Dr Akinwumi Adesina, to “achieve a hunger-free Nigeria through an agriculture sector that drives income growth, accelerates achievement of food and nutritional security, generates employment and transforms Nigeria into a leading player in global food markets to grow wealth for millions of farmers”.
Aug 14, 2019
Aug 14, 2019
May 15, 2019
Ministry of Agriculture
|Tag: Agriculture,GDP,Economy,Food and Agriculture,Framework,Farmers,Nigeria|
|Email Address: email@example.com|