Nigeria Can Generate $256 Billion from Agriculture By 2030

This growth potential could be achieved from increasing crop yields to 80-100 per cent of international benchmarks, cultivating 14million hectares of new agricultural land (approximately 38 per cent of Nigeria’s unused available land of 36.9m hectares) and shift 20 per cent of production to higher value agricultural produce.

Professor Agbato of Landmark University, laments that Nigeria, despite its enormous potential in agriculture, had chosen to neglect the sector, and failed to tap the huge opportunities to grow and expand its economy and reduce reliance on oil earnings.
He said this while delivering the second convocation lecture of the Landmark University, Omu Aran, Kwara State, entitled, “Inclusive Agriculture: A Catalytic Trigger for Non-Oil Dependent Economy.”

The lecturer highlighted the current yields of some crops in Nigeria as against international benchmark. For maize, 1.5 tons per hectare against 7-8 tons; groundnut - 400kg per hectare against 2.700kg in Turkey; onions - 4 metric tons per hectare against 120 tons in Yemen; tomatoes - 5tons per hectare against 100tons in Israel; rice - 1.5tons per hectare against 20 tons in Thailand.

He added that the country’s milk yield from cattle was 300 litres per lactation as against 10,000 litres of international benchmark.
Agbato emphasized that Nigeria had a huge strength and potentials, having the most fertile land in the world, 79m hectares of agricultural land of which 40m is arable, regretting that over 40 per cent of arable land remains uncultivated.

He observed that some developing nations, which shared similar antecedents with Nigeria, had deployed interventions in the agricultural sector to reduce poverty and enhance economic growth.

http://www.dailytrust.com.ng/news/agriculture/-nigeria-can-generate-us-256bn-in-agric-by-2030/83021.html

Y

Yes!

All these Vert people sef

Nigeria can literally survive on agriculture and revenue from solid minerals if we aggressively pursue the effective diversification of our economy.

true

We haven't given Agric the actual attention it needs. Agric and technology will feed this country big time

The numbers below are in $ Billion. We have the resources, we need to develop the capacity.

See what a focused leadership with pinpoint policy direction can do.

socialmediaman:
We haven't given Agric the actual attention it needs. Agric and technology will feed this country big time

Its puzzling why we are still importing rice in this country. Wastage is an issue that also needs to be tackled.

Please Nigeria don't worry.. .. we are coming
I actually need 8 million hecter in the next 20 years
2 million for pinapple
2 million for rice
2 million for cassava
2 million for petato
My Patato and cassava will be used to produce ethanol... . While the waste will be used to feed my pigs. ....
By 2025 I hope to be able to produce 50 million full grown pigs per year
By 2025 my company hope to produce 25 million eggs per day
And 10000 tones of chicken per day
Make all this old fxxlish men relax .. .. the future is bright for Nigeria

Nigeria sabi talk nonsense wit im mouth. Do these people know what 250 billion dollars is

Even the total Nigeria revenue from all sectors of the economy for now is less than 70 billion dollars.

chuna1985:
Nigeria sabi talk nonsense wit im mouth. Do these people know what 250 billion dollars is

Even the total Nigeria revenue from all sectors of the economy for now is less than 70 billion dollars.

due to very low productivity
do you know how much maize you need to make chicken and beef cheap like in the USA. same goes for different food chains.not your fault that you're ignorant or uneducated about the possibility .it's our education system.Samsung alone is worth over 200 bn dollars. I never talk LG or Hyundai or Kia or other chaebols o. just Samsung

Rawani:


Its puzzling why we are still importing rice in this country. Wastage is an issue that also needs to be tackled.

Even chicken is still being imported or smuggled in. The price of chicken increased recently because smuggling reduced immediately Buhari took over, to show you that our local producers can't produce enough yet, and you tell me we're serious yet?

.

mikolo80:
due to very low productivity
do you know how much maize you need to make chicken and beef cheap like in the USA. same goes for different food chains.not your fault that you're ignorant or uneducated about the possibility .it's our education system.Samsung alone is worth over 200 bn dollars. I never talk LG or Hyundai or Kia or other chaebols o. just Samsung

Samsung is worth 200 billion dollars, but is Samsung profits 250 billion a year

Nigeria can never generate 250 billion dollars a year through agriculture by 2030......Like say u de behave like APC.

chuna1985:


Samsung is worth 200 billion dollars, but is Samsung profits 250 billion a year

Nigeria can never generate 250 billion dollars a year through agriculture by 2030......Like say u de behave like APC.

Korea economy makes 200bn (engineers, solderers, miners, transport, marketers, retailers, bankers, stock brokers everyone gets paid. but by your thinking if you are made a councillor you prefer to import all our food (farmers, transporters, miners, marketers, processors etc all remain jobless cos their leader doesn't understand how economy and capitalism works.na pdp yo wan make I behave like?

You know, this only reminds me of Yaradua of blessed memory. He had a dream which he pursued with all his heart- Vision 202020. His dream was cut short by nature, only for some scoundrel to come mess everything up with some "transformation" nonsense.

Nigeria would definitely be great again under the stewardship of President Buhari.

We will triumph.

Black man and wishful thinking are like bread and butter.
What an unrealistic target. Even USA is not generating that amount currently and Nigeria with less land mass, infrastructure , funding and expertise hope to do that.
May God help una

mikolo80:
Korea economy makes 200bn (engineers, solderers, miners, transport, marketers, retailers, bankers, stock brokers everyone gets paid. but by your thinking if you are made a councillor you prefer to import all our food (farmers, transporters, miners, marketers, processors etc all remain jobless cos their leader doesn't understand how economy and capitalism works.na pdp yo wan make I behave like?

south Korea makes that amount because they have planned for d future and got it right. They made an excellent plan for over 60 years n it worked ... ur here talking about short term impossible plans.

chuna1985:



south Korea makes that amount because they have planned for d future and got it right. They made an excellent plan for over 60 years n it worked ... ur here talking about short term impossible plans.

what is long term about planting maize chickens and palm oil and cocoa among others.it's ppl like you they will ask to define agric and instead of saying farming you will say something like the process of nurturing fauna and flora in order to coax the maximum nutritional value from the solar radiation and hydrographic cycle in a timeous manner in order to sustain the human population. behaving like ogomigodo.simple thing you will get. into office and be setting up committee like a fisherman I know and producing white paper after white paper with nothing to show after 4 yrs

chuna1985:



south Korea makes that amount because they have planned for d future and got it right. They made an excellent plan for over 60 years n it worked ... ur here talking about short term impossible plans.

would you Pls give me summary of what you know about the history rapid development of Korea so I compare with what I think I know. we don't know which of us Will be in office tomorrow.

mikolo80:
would you Pls give me summary of what you know about the history rapid development of Korea so I compare with what I think I know. we don't know which of us Will be in office tomorrow.

its a very long story. just read up

I agree with this

chuna1985:



its a very long story. just read up

no it's not
you Just have a substandard education which you're displaying (no offense) you obviously never learnt to summarise (primary school English)

park chee Hun killed president and created chaebol
what's so long about that
and he did it in 18 yrs before he was assassinated
18 yrs is just over 4 terms
anenih and gana and other agips have been on the scene for more than 20 yrs
obasanjo is still running things 8 yrs after leaving office
if you're educated and dedicated you can build a foundation whose momentum will be unstoppable by future administrations

but if you've given up on Nigeria no, proble
I only need 100 serious ppl to turn it around in my life time
and will not be discouraged by lazy selfish cowards who are content with mediocrity