The Potential In Agriculture
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 ...