Monday, September 12, 2011

Nigeria: 'Agriculture, Solution to Economic Woes'

This Day
12 September 2011

Agriculture is one of Nigeria's most powerful tools in addressing its goals of creating more employment, better public health, and greater economic growth, says Director General of the International Institute of Tropical Agriculture (IITA), Dr. Peter Hartmann.

He disclosed this in a presentation titled 'Forging an economic transformation: the role of agricultural research and productivity' at the monthly lecture series of the National Institute of Social and Economic Research (NISER) in Ibadan, Oyo State.

Hartmann said the transformation of agriculture would stimulate small- and medium-sized industries that are in fact the engine of economic growth.

To him, the need to focus on agriculture stems from the fact that the sector accounts for 70 per cent of the people in the rural areas, the growing demand for food and, more importantly, the about 44 per cent contribution of agriculture to Nigeria's Gross Domestic Product (GDP).

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