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The Impact of Agricultural Sector on Economic Growth in Nigeria

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The Impact of Agricultural Sector on Economic Growth in Nigeria
Agricultural Economics of Nigeria:
Paradoxes and Crossroads of
Multimodal Nature

Professor Eric C. Eboh
Professor of Agricultural Economics
University of Nigeria

CONTENTS
1.0

ACKNOWLEDGEMENT

2

2.0

CONCEPTUAL APPROACH OF THIS INAUGURAL
LECTURE

6

REFLECTIONS ON THE STRATEGIC ROLE OF
AGRICULTURAL ECONOMY

8

3.0

4.0

5.0

AGRICULTURE FROM THE LOOKING GLASS OF
MAN’S ECONOMIC HISTORY

16

AGRICULTURAL ECONOMY FROM
PARADIGMATIC VIEWPOINTS ABOUT
THE STATE VIS-A-VIS MARKET

21

6.0

NIGERIAN AGRICULTURE FROM THE PERSPECTIVE
OF MODELS OF AGRICULTURAL DEVELOPMENT
29

7.0

AGRICULTURAL SECTOR FROM THE LOOKING
GLASS OF EVOLUTION OF NIGERIA’S POLITICAL
ECONOMY

38

THE AGRICULTURAL ECONOMY: THE PARADOX
INSIDE OUT

52

CONCLUSION: TACKLING THE PARADOX IN THE
MARCH TO Y2020

73

8.0

9.0

CONSULTED LITERATURE

82

2

PROTOCOL
Mr. Vice Chancellor, Deputy Vice Chancellors, Distinguished
Professors, Very respected Colleagues, Lions and Lionesses,
Ladies and Gentlemen …………
It gives me great pleasure to have this distinguished opportunity to present my Inaugural Lecture. I am very happy for this privilege of giving Inaugural Lecture as a Professor in this
University.

1.0

ACKNOWLEDGEMENTS

I would like to start by dedicating this Lecture and this occasion to the Almighty and All-Knowing God for making this day a reality. Let me thank most importantly my dear parents and mentors, Evangelist Frederick and Deaconess Lucy Eboh, for their exceptional gracious love and care. I thank them for molding me in character, faith and learning. May God give them long life and good health to behold and enjoy the fruits of their investments in their children. Amen.
I give special thanks to my darling wife, Ogugua, for her extraordinary support, love and care. Today marks almost 15 years since we exchanged marital vows. I am unequivocal that the fateful day marked a watershed in my life and career. With the benefit of hindsight, I am very delighted to observe that our marriage became an

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