The important thing

Agriculture is essential to achieve the reduction objectives of poverty worldwide. It is still the productive sector most important in most low-income countries, many times as regards the part that it represents in the gross domestic product (GDP) and almost always by the number of people to whom it employs. In the countries where agriculture occupies an important place in total employment, The general increase in agricultural income is a necessary condition for stimulate the growth of the economy as a whole, including the non-agricultural that sell their products and services to the rural population. The research has shown that every dollar of growth from of agricultural products sold outside the local area in the countries Africa's poor generate a second dollar of local rural growth asresult of additional expenses in services, manufacturing, materials of construction and prepared foods.

Recently, agriculture has developed at an accelerated pace due to a more favorable regulatory environment, higher public spending and renewed cooperation strategic of the international community. The International Development Association (AIF), the World Bank fund that donates and loans without interest to the poorest countries in the world, has contributed significantly to that trend in those nations, particularly in Africa. This is due to their combination, exceptionally coordinated, financial resources, know-how and support for better policies. The institution has also fostered considerable Development of specialized knowledge to face new challenges that are presented in this sector as a result of new opportunities (such as the growth of markets for high-value tropical products) and the new threats (such as the rapid increase in the price of food, the flu avian and climate change) that have emerged.

Promotion of agricultural growth

The positive impact of IDA assistance on agriculture is obvious when you compare the performance of this sector in countries that received agricultural financing with which they did not receive it. Naturally, these results are also affected by measures and events that escape the influence of World Bank. There may also be what economists call "selection bias": the countries that ask for funds for that activity have a greater probability of counting with good agricultural resources and to promote the agricultural growth, with and without financing, than the other countries.
On a more general level, countries that have active agricultural projects financed by IDA they registered a faster growth of the economy in general and agricultural productivity per worker than those who do not have projects of that type. While these observations are not conclusive, the results of the table are a important indicator that IDA credits they can contribute to agricultural growth.

Agricultural growth in nigeria

Specifically, in the primary sector that employs more than 60% of the population, it represented 33.4% in 2009, according to data from the CIA's WorldFactBook. This sector has not been able to keep pace with the growth of the country, and has gone from a situation of self-sufficiency to a situation of need to import food products.
The agricultural sector has an enormous potential, since only 50% of the total arable land is used. The climate of nigeria that is tropical in the south and desert in the north, allows the cultivation of many products.

The government has proposed within the NEEDS program, implement technological improvements in the sector, as well as the improvement of productivity, ease of credit, improvement in the distribution chain.
Nigeria is the fifth producer of cocoa in the world, although this commodity depends a lot on the fluctuation of international markets. It also produces yucca, palm oil, corn, rice and potatoes.

The potential in this sector is to increase the production of existing crops to increase exports, improve productivity and grow the sector towards more interesting production volumes.

Nigeria currently imports rice, frozen fish and corn, when in the 1960s it was an exporter of these crops. The government intends to reverse or at least minimize these exports, with the aforementioned incentives and other programs with the support of multilateral organizations and the United States, such as the progressive substitution of corn flour for cassava flour in the industry. food, since Nigeria is the first producer of this product.

There are also opportunities in the food processing subsector, such as vegetable oil and fats, which are currently imported. This sector faces a series of challenges, such as increasing production since only 50% of the total arable land is used. Other factors are the low productivity due to a technological deficiency in the crops and that 90% of the agricultural production is managed by small farmers.

By approving the 2030 Agenda for Sustainable Development, two years ago, the international community committed to eradicate hunger and poverty and to achieve other important objectives, such as achieving sustainable agriculture, ensure a healthy life and decent work for all, reduce the inequality and promote inclusive economic growth. There could be no clearer warning than FAO's new estimate of that the number of people suffering from chronic undernourishment in the world is located in 815 million. The majority of the population suffering from hunger live in income countries low and low-middle income, many of whom still have to perform the necessary progress towards the structural transformation of their economies. The transformations carried successful in other developing countries were driven by the growth of agricultural productivity, which resulted in the displacement of people and resources from the agriculture to the manufacturing, industrial and services sectors, at huge increases of per capita income and drastic reductions in poverty and hunger. Countries that were left behind in this transformation process are mainly concentrated in Sub-Saharan Africa and South Asia. Most have in common economies with a large share of employment in agriculture, widespread hunger and malnutrition, and high levels of poverty. According to the latest estimates, around 1 750 million people in low-income and low-middle income countries they survive with less than 3.10 US dollars daily, and more than 580 million suffer from chronic undernourishment. The possibilities of eradicating hunger and poverty in these countries are truncated because of the low productivity of subsistence agriculture, the limited margin for industrialization and, above all, by the rapid growth of the population and the explosive increase of urbanization. It is expected that its total population will increase by 25% between 2015 and 2030, from 3,500 million to almost 4,500 million inhabitants. Your urban populations they will grow at a rate twice as fast and will go from 1.3 billion to 2 billion. In Sub-Saharan Africa, it is estimated that the number of people aged.

This is a great message. The general increase in agricultural income is a necessary condition for stimulate the growth of the economy as a whole, including the non-agricultural that sell their products and services to the rural population. The research has shown that every dollar of growth from of agricultural products sold outside the local area in the countries Africa's poor generate a second dollar of local rural growth asresult of additional expenses in services, manufacturing, materials of construction and prepared foods. There are also opportunities in the food processing subsector, such as vegetable oil and fats, which are currently imported. This sector faces a series of challenges, such as increasing production since only 50% of the total arable land is used. Other factors are the low productivity due to a technological deficiency in the crops and that 90% of the agricultural production is managed by small farmers. The agricultural sector has an enormous potential, since only 50% of the total arable land is used. The climate of nigeria that is tropical in the south and desert in the north, allows the cultivation of many products. Thanks for sharing

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farms (63) · 7 years ago

Amazing publication, thanks for sharing...

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SteemChurch Farm ( @FARMS)

$1.03

2 votes

lizbeidamedina (59) · 7 years ago

Thanks for commenting that good that you liked @farms

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femiandrew (56) · 7 years ago

Nigeria is one of the best praticed farm dor the cultivation of crops and the rearing of animals. Indeed agriculture leads to the provision of money and also income.

1 vote

Thank you very much for commenting

rameelkarim (52) · 7 years ago

Nigeria is a standout amongst other praticed cultivate dor the development of products and the raising of creatures. In reality horticulture prompts the arrangement of cash and furthermore wage.

It is also a good production for livestock thanks

iboiosi (50) · 7 years ago

Thank you very much for sharing excellent comment

rubenmedina182 (61) · 7 years ago

It is evident that the work of the land produces abundances, and any community can increase its agricultural production, with only a good organization and carrying out productive projects.

Having an excellent organization results in a good crop

shahabshah (52) · 7 years ago

It is clear that crafted by the land produces plenitudes, and any group can expand its farming creation, with just a decent association and completing gainful activities.

Thank you very much

alibaba300 (44) · 7 years ago (edited)

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Thanks for comment

THE GROWTH OF AGRICULTURE AND THE REDUCTION OF POVERTY IN NIGERIA

The important thing

Promotion of agricultural growth

Agricultural growth in nigeria