Agriculture has potential to drive Nigeria’s economy –Minister



The Minister of Agriculture and Rural Development, Dr. Akinwunmi Adesina, on Tuesday vehemently and unequivocally stated that agriculture is the sector, which has the greatest potential to drive the economy among top 20 economies.

The minister, who disclosed this while addressing participants at the 19th Nigeria Economic Summit, berated the over-dependence on oil warning that, “diamonds may last forever but oil does not last forever.”

He noted that “a nation that does not feed itself becomes a threat to its own sovereign existence” warning that “growing our own food, processing what we produce, becoming competitive in export markets and creating jobs across all our economy are crucial for national security.”

Adesina’s arguement came after the Director General of the National Economic Summit Group (NESG), Mr. Frank Nweke Jnr., highlighted earlier the impending threat to national security posed by the importation of food.

“The future trajectory of earnings from crude oil does not look good,” Nweke Jnr said, stressing that other countries have found “shale oil and shale gas”.

He noted that Nigeria must free itself from over dependence on crude oil and shift its attention to agriculture “the sector where we have the greatest potential to achieve this and this is the time.”

With only 40 per cent of 84 million hectares of arable land being cultivated, 263 billion cubic metres of water, two of the largest rivers in Africa, cheap labour to support agriculture, the minister insisted, “Nigeria has immense agricultural potential”.

He further argued that the jaw-dropping 167 million population “makes us a huge market, we must not be the market for others” adding that “we must grow our own food, we must feed ourselves, we must create markets locally for our own farmers.”


24 yrs boy started importation with N10,450. Read his story here!

Men, forget Viagra. Use these to increase your manhood size & strength

How 2make over N500,000 in less than 12 days like I did

How watermelon made a Benin boy over N1,000,000 in 73days

Superb premature ejaculation spray. You 'll last 30minutes+

How to earn 40k-200k monthly from football matches almost on autopilot

3 Things I did to cure premature ejaculation after my wife left me

Small manhood and premature ejaculation limited my performance for 4yrs!

7 Simple yet amazing steps to earn over N200,000/monthly. Click here

How to get flat belly in just 9 days. Click here!

How to turn your Facebook to ATM machine that vomits cash

How 28yrs Lagos boy increased his manhood strength & size in 18days

Click here now if you are interested in earning at least N7,500/daily

How a young Nigerian generate over N1,000,000/month via digital marketing

Are you a real man? Click here to know if you are?

Get daily updates of jobs in Nigeria. Apply for your dream jobs

Work from home and get paid at least $1000 weekly!

Get bigger manhood and cure premature ejaculation using these solutions!

Housewife reveals How to Turn N8,500 into N100,000 monthly!

Small manhood made me lose my fiancee to a next neighbour

Shocking! See 1 crazy trick a man uses to last long on his wifey


About Author

1 Comment

  1. Are you an unemployed person’s in Nigeria? Or have u ever dreamt of makin money through the internet? Then grab this opportunity & to overcome all ur Financial problem, i have made over N90,000 directly into my Nigerian Ecobank account doing this great business, right from the comfort of my home with my Nokia 5130 xpress music, & with only a capital N1500 (one time payment) that i paid for my Activation 200%guarantee, This is the best & number one internet legitimate business empowerment in Nigeria, you will also have the opportunity to buy & sell E-RECHARGE CARD PINS of all nigerian Network on the Platform & make ur benefits, to know how this rare business works & how to get started click the link below for details, & please don’t be too excited to take action without ready this Free Report to the end

Leave A Reply