AGRICULTURE IN NIGERIA, THE

CHALLENGES AND THE WAY FORWARD

THE NIGERIAN AGRICULTURAL SECTOR

- Over 170 million people- Sustainable agro climatic conditions

- Availability of export market- Rich vegetation to support a heavy population of

livestock- 79 million ha of arable land

- 267.7 billion m3 of water for irrigation- 14 million ha of surface water

- 57.9 billion m3 of underground water- 3.17 ha of irrigable land

Source: Vision 2020 NTWG on Agriculture & Food Security: 2009

THE NIGERIAN AGRICULTURAL SECTOR

1970:Leading Producer

-Cocoa-Palm Oil

-Groundnuts-Cotton-Rubber

-Hides and Skin

GDP(Agric Contribution to GDP) - 60 %

Export - 70%(Agric contribution to Export)

Local Food Needs(Met by local production) - 95%

Source: Vision 2020 NTWG on Agriculture & Food Security: 2009

THE NIGERIAN AGRICULTURAL SECTOR

2013:Leading Producer

-Cassava

GDP-26.8 %

Import-$11bn (Rice, Fish & Sugar)

Source: Vision 2020 NTWG on Agriculture & Food Security: 2009

THE NIGERIAN AGRICULTURAL VISION

“By year 2020, Nigeria aims at having a modern

technologically enabled agricultural sector that fully exploits the vast agricultural

resources of the country, ensures national food

security and contributes significantly to foreign

exchange earnings”Source: Vision 2020 NTWG on Agriculture & Food Security: 2009

1. Crops (85%)2. Livestock (10%)3. Fisheries(4%)4. Forestry(1%)

THE NIGERIAN AGRICULTURAL SUB-SECTOR

FISHERIES SUB-SECTORDistinct areas in Fisheries

-Offshore-Onshore

-Brackish water-Inland Capture

-AquacultureAnnual Fish Demand

-2.7 million Metric Tons Annual Imports

-1.9 million Metric Tonnes (N125.38 billion) Annual Local Production

-800,000 Metric Tonnes (N52.8 billion)Source: Federal Ministry of Agriculture and Rural Development and FAO

FISHERIES SUB-SECTORVISION

1. Increased production by 1million Metric Tonnes in 4 years.

2. Total value of country’s production N66 billion by 2017.

3. Reach 67% self sufficiency reducing import by 25% yearly.

Source: Federal Ministry of Agriculture and Rural Development

FISHERIES SUB-SECTORVISION

1. Increase Fingerling production by 1.25 billion per year.

2. Increase Production of Fish Feed by 400,000 MT per year.

3. Increase Table size fish production by an additional 250,000 MT per year.

Source: Federal Ministry of Agriculture and Rural Development

CHALLENGES IN AGRICULTURE1. Low public Investment2. Concentration on production

rather than full value chain3. Concentration on inputs only

at the expense of research4. Extension services5. Infrastructural development6. Planning, priority and target

setting7. Reliable data generation and

reporting8. Proper monitoring and

evaluationSource: Vision 2020 NTWG on Agriculture & Food Security: 2009

THE WAY FORWARDWhat if there is a technological solution that:

1.Aids in the planning & prioritization process eliminating the need for a Consultant and expensive Business Plans;

2.Replicate proven profitable farming practices and simplify them into daily/weekly tasks;

3.Assist the farmer in efficiently monitoring farm operations whilst generating necessary reports;

4.Assist farmers in purchasing inputs(Fingerlings/Feed) at very low prices;

5.Provide a ready market for all harvests when ready for sale.

OUR SOLUTION

AT FARMERS CREED WE HAVE THAT SOLUTION

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