AgricSince 2011, the agricultural sector has remained one of the growth drivers of the nation’s Gross Domestic Product (DGP). Productivity in the sector is broken into crop production, livestock, forestry and fishery. When disaggregated, the highest sectoral productivity comes from crop production.

The agricultural sector contributed 30 percent of the N38.02 trillion GDP in 2011, which amounted to N11.6 trillion. An improvement to this was recorded in 2012, where 33 percent or N13.41 trillion of the year’s N41.18 trillion GDP came from the agricultural sector.

The sectoral share declined after the nation’s GDP was rebased. Consequently, 21 percent or N16. 82 trillion out of the N81 trillion 2013 GDP was generated from the sector. This further decline to about 19 percent in 2014.

Crop production accounted for 88 percent of the productivity in the agricultural sector in 2011. Further analysis shows that others include livestock, 8 percent; fishery, 3 percent and forestry, 1 percent. In monetary terms in the last four years, crop production has consistently contributed an average of N14 trillion annually to the nation’s GDP; livestock, N4.13 trillion, fishery, N1.48 trillion, while forestry generated about N633.42 billion.

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