By: Oni Timothy Olukunle
Over the past three decades, Nigerian government had initiated a
plethora of policies and programmes which were aimed at restoring
agricultural sector to its pride of place in the economy. However
various efforts at promoting investment and export diversification in
the agricultural sector have not yielded appreciable dividend. Enormous
investment and export diversification potentials for generating higher
growth in the economy have remained unlocked and unexploited in the
agriculture due to a host of constraining factors that must be removed.
Therefore, the paper identified the constraints and proffered policy
prescriptions to be implemented to remove them so as to fast track the
attainment of poverty reduction and rapid economic development in the
country. The identified constraints included marketing problem,
infrastructure inadequacies, and unstable input and output prices.
Policy actions for removing the constraints must include improvement in
downstream commodity activities, environmental management, increased
funding and efficiency in agricultural spending. Government must invest
heavily in rural infrastructure and such investment must ensure
development of infrastructure in the rural area.
Source: http://www.iiste.org/Journals/index.php/JEDS/article/view/8461
No comments:
Post a Comment