Agriculture has the potentials of been a major revenue earner
in Nigeria, if only farmers had not been neglected for several years
and deprived of needed incentives.
Indeed, farmers in rural areas have never been encouraged to remain
within their localities to propel increased farm production, while
production at the local government level has made the availability of
schools,Primary health Care Delivery, functional electricity and potable
water a mirage. The caretaker committees at the grassroots have only
succeeded in impoverishing the rural populace.
At present, agricultural equipment and machinery are sourced from
advanced countries, this alone, is an impediment to self sufficiency in
food production. Indeed, sub-standard farm equipment and machinery to a
large extent affected output in most farms in the country, just as
access to finance is a major challenge for farmers. Bank interest rates
are not friendly, if at all the banks are ready to give out loans to
farmers. Although the Federal Government assures that it would fully
support the agricultural sector, inadequate funding of the sector,
closely trailed by diversion of funds meant for agricultural production
is still common place.
The erratic power supply, prohibitive cost of petroleum products and
the activities of insurgents have all contributed to make the
agricultural sector less attractive.
Truly, government monopoly in critical sectors is an advantage, but
bad management as a result of corruption is the issue the people are
talking about.
At Nigeria’s level of development government ought to invest
alongside private individuals. But waiting for the agricultural sector
to blaze the trail, is a sign of lack of vision. It is only when the
country has reached full employment level, that government can think of
divesting.
Has Nigeria reached the level of full employment ? The answer could be seen on the faces of millions of jobless Nigerians.
Without doubt, the agricultural sector can provide millions of jobs,
once the leadership appreciates what is required to transform the
economy.
But good management revolving round porous judicial system and law
enforcement agencies is never the panacea for sustainable development
and growth.
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