Agriculture is the largest employer of labour in
Nigeria employing about 30 percent of the population on full time basis and
about 50 percent on part time basis. Before the discovery of oil, Nigeria used
to be a major player in the global agricultural market as the country was the
world’s largest producer and exporter of groundnuts and palm oil in the 1960s.
Nigeria has comparative advantage in agriculture, with
35 percent arable land, abundant fertile soils, a population of about 200 million
people, ample and reliable rainfall, uncountable agrarian communities, moderate sunshine etc. Despite these comparative advantages, the huge
potentials of the sector is yet to be tapped and as such, agriculture remains largely underdeveloped
making small holder farming form
large percentage of the sector.