{"id":38199,"date":"2021-11-19T03:40:48","date_gmt":"2021-11-19T03:40:48","guid":{"rendered":"https:\/\/thefreezonechannel.com\/?p=38199"},"modified":"2021-11-19T03:40:49","modified_gmt":"2021-11-19T03:40:49","slug":"agriculture-important-component-of-nigerias-economy","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/agriculture-important-component-of-nigerias-economy\/","title":{"rendered":"Agriculture important component of Nigeria\u2019s economy"},"content":{"rendered":"<p>The Africa Farmers Management Association (AFMA) on Thursday says that agriculture still remains the most important component of Nigeria\u2019s economy.<\/p>\n\n\n\n<p>Prof. Usman Haruna, the President of AFMA stated in Calabar that although, petroleum overtook agriculture in terms of revenue, the nation was gradually coming to the realisation of the importance of agriculture.<\/p>\n\n\n\n<p>He said Nigeria like most African countries had abundant natural resources but the government needed to support the populace to harness these resources, in order to make the nation productive.<\/p>\n\n\n\n<p>\u201cPrior to the discovery of oil in Oloibiri in 1953, agriculture was the backbone of Nigeria\u2019s economy, even though it was abandoned after the discovery of crude oil.<\/p>\n\n\n\n<p>\u201cToday, Nigeria is coming to terms with the fact that it will not go far if it does not start to harness its agricultural resources.<\/p>\n\n\n\n<p>\u201cHowever, for agriculture to be successful in Nigeria, farmers need to have access to inputs.<\/p>\n\n\n\n<p>\u201cMost of the farm inputs are either not affordable by the farmers or unavailable locally.<\/p>\n\n\n\n<p>\u201cSo, it is important for the Nigerian government to supply inputs to farmers to encourage them to put in their best in agricultural productivity,\u201d Haruna said.<\/p>\n\n\n\n<p>The AFMA president noted that production should be encouraged and supported in African nations including Nigeria, adding that the government must start paying attention to the various value chains.<\/p>\n\n\n\n<p>\u201cMost of the produce we sell abroad are not in their processed form, whereby value is added.<\/p>\n\n\n\n<p>\u201cWe can turn cocoa to cocoa powder that can be exported and this will bring more income to the nation instead of selling raw cocoa,\u201d he said.<\/p>\n\n\n\n<p>According to Haruna, value addition does not only attract foreign exchange to the nation but also helps increase the income of farmers and their wellbeing.<\/p>\n\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-38199\" data-postid=\"38199\" class=\"themify_builder_content themify_builder_content-38199 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->","protected":false},"excerpt":{"rendered":"<p>The Africa Farmers Management Association (AFMA) on Thursday says that agriculture still remains the most important component of Nigeria\u2019s economy. Prof. Usman Haruna, the President of AFMA stated in Calabar that although, petroleum overtook agriculture in terms of revenue, the nation was gradually coming to the realisation of the importance of agriculture. He said Nigeria [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":25007,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[701,949],"tags":[693],"class_list":["post-38199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agriculture","category-economy","tag-agricultute","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Agriculture important component of Nigeria\u2019s economy - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/agriculture-important-component-of-nigerias-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agriculture important component of Nigeria\u2019s economy - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"The Africa Farmers Management Association (AFMA) on Thursday says that agriculture still remains the most important component of Nigeria\u2019s economy. 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