THE AGRICULTURAL POLICY IN NIGERIA AGRICULTURE IN NIGERIA: THE NEW POLICY THRUST 1.0 PREAMBLE Agriculture in the context of the economy is tied with the various sectors and is essential for generating broad based growth necessary for development. Agriculture I~ fundamental to the sustenance of life and is the bedrock of economic development‚ especially in the provision of adequate and nutritious food so vital for human development and industrial raw materials for industry. Sustainable agricultural
Premium
in turn increases the national income in the long-run. The agricultural sector serves all other sectors in the economy especially the industrial sector. The problem facing the Nigerian agricultural economy is inadequate capital and credit for start-up‚ investment and expansion. Monetary policy through its influence on the financial sector of the economy plays a major role in making credit available to the agricultural sector. Monetary policy refers to the combination of measures designed to regulate
Premium Monetary policy Central bank Inflation
CORPORATE AFFAIRS COMMISSION RESEARCH UNIT Date : 2nd Quarter‚ 2009 From : Agriculture Desk Subject : Boosting Agricultural Productivity in Nigeria. Introduction: Agricultural sector was the mainstay of the Nigerian economy before independence‚ 75% of the Nigerian workforce was engaged in agriculture and immediately after it‚ until the oil boom of the 1970s. In the 1970s‚ agriculture provided the needed food for the population as well as serving as a major foreign exchange earner
Free Agriculture Food security
Agricultural policy serves to protect the consumer‚ the environment and the economy. There have been many revisions‚ additions and changes made over the decades to agricultural policies. There were nearly 5‚308‚483 people in the world according to the US census in 1800s when these policies were initially written. Policies were created that were relevant to the time. Then‚ people of the time relied on local family farms and individualized stores for much of their food. Over the years‚ farms were commercialized
Premium Agriculture United States Food security
The Common Agricultural Policy The CAP began in 1962. The policy is of the European Union. It talks about a system of agricultural supports and other programmes. The policy helped reduce Europe relying on imported food‚ however it led long to over-production. It represents 48% of the EU’s budget The aim of the common agricultural policy (CAP) is to provide farmers with a reasonable standard of living‚ consumers with quality food at fair prices and to preserve rural heritage. The CAP combines
Premium European Union International trade
National Agriculture Policy 2010 Ministry of Agriculture Government of the People’s Republic of Bangladesh October 2010 Contents Sl. no. Areas and issues 1 Introduction 2 Strengths‚ Weaknesses‚ Opportunities and Threats of Agriculture Sector 3 Objectives of the National Agriculture Policy 4 Research and Development 5 Agricultural Extension 6 Seeds and Planting Materials 7 Fertilizer 8 Minor Irrigation 9 Mechanisation in Agriculture 10 Agricultural Marketing 11 Women
Free Agriculture
European Common Agricultural Policy (CAP) underwent a major change. Rather than setting a price floor on agricultural products‚ now CAP directly subsidises farmers. Subsidies may be a flat rate payment for maintaining land in cultivatable conditions (currently around £250 per hectare in England)‚ or may depend on the land’s crop in a given past year‚ which is taken as reference point (as in Scotland). Discuss the effects of such a policy move. European Common Agricultural Policy (CAP) isthe set
Premium Supply and demand Agriculture
INTRODUCTION A tax policies represent key resource allocator between the public and private sectors in a country. It is usually imposed on individuals and entity that make up a country. The funds provided by tax are used by the states to support certain state obligations such as education systems‚ health care systems‚ pensions for the elderly‚ unemployment benefits‚ and public transportation. A nation’s tax system is often a reflection of its communal values or the values of those in power. To
Premium Tax Taxation Income tax
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
Premium Economics Agriculture Economy
aspects of agricultural policy BACKGROUND DOCUMENT FOR THE ADVISORY GROUP ON INTERNATIONAL ASPECTS OF AGRICULTURE 30 January 2012 Updated 1 June 2012 INTERNATIONAL ASPECTS OF AGRICULTURAL POLICY‚ UPDATED 1.6.2012 C 1.1. 1.2. 1.3. 1.4. 2.1. 2.2. 2.3. 2.4. 3.1. 3.2. 3.3. 3.4. 3.5. 4.1. 4.2. 4.3. 4.4. 4.5. 5.1. 5.2. 5.3. 6.1. 6.2. 6.3. 6.4. 6.5. 6.6. 7.1. 7.2. 7.3. 7.4. 7.5. 7.6. 7.7. 8.1. 8.2. 8.3. 8.4. 8.5. O N T E N T S SECTION 1 EU AGRICULTURE POLICY IN A CHANGING
Premium Agriculture World Trade Organization International trade