After years of the refrain on diversifying the Nigeria economy, reality has brought Agriculture to the to the forefront of opportunity for growth and employment. Nigeria was going into a rapid transit, southbound. The imperative of now is produce or die. Agriculture as the redemptive balm now seeds to be reborn in the socialization of the citizen.
How important this need is, can be seen in the food import bill of Nigeria. From being the major source of foreign earnings in the first independence decade, food and Agriculture input into manufacturing have become a foreign exchange drain burden.
Once upon a time Nigeria was known to have the highest yield per hectre for Rubber in the world but between 210 and 2015 Rubber Accelerators, Natural Rubber and Rubber pipes and tubes cost us more than 500 trillion Naria. Even Palm Oil in which we were a globally leading exporter is now a foreign exchange drain of huge proportions according to a publication of the Raw materials Research and Development Council.
Pat Utomi
Founder CEO, CVL
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