Due to a great climate and global positioning, Nigeria is one of most fortunate nations when it comes to managed farmland near bangalore. In this way, the Nigerians have plenty of agricultural resources to explore and even to export. By effectively managing the available agricultural resources, Nigeria is also able to improve its economic status by exporting.
Agricultural implications in Nigerian economic development
Whether we are thinking of the coastal mangrove, northern savannas, woodland savannas or rain forests – Nigeria has it all. Besides the petroleum industry, the agriculture industry is also an important resource for economic development and increase of GDP level. Having this in mind, during the last 20 years more than 40% of the GDP level was derived from the agricultural sector.
In the same time, agriculture is an important factor in Nigeria since it contributes to the rate of employment and creates new and reliable employment opportunities. Currently, more than 60% of labor force is concentrated in the agricultural sector. Similarly, farming is a very resourceful activity in Nigeria and only 33% of nation’s land is under cultivation. In this way, the agricultural sector will also be one of the main fields of activity in the future.
Furthermore, the government also favors the development of cooperative societies with the purpose of encouraging the industrial agriculture because in Nigeria due to a diverse climate, it is possible the production of almost all agricultural products in the semi-tropical climate.
Before the 1960’s, agriculture was the main activity in Nigeria. However, once with the development of the oil exporting industry it became necessary the import of food. In order to maximize the agricultural outcomes, other agricultural areas were developed during the last decade.