NABTEB QUESTIONS

Outline the importance of agriculture in the economic development of Nigeria. – NABTEB QUESTION

The contribution of the agricultural sector towards economic development in Nigeria includes the follows:

(i) Source of food supply: Agriculture provides food for the ever increasing population in Nigeria.

(ii) Employment opportunities: The agricultural sector employs a large percentage of Nigerians.

(iii) Source of foreign exchange: Through the exports of agricultural raw materials, agriculture provides the much needed foreign exchange for industrialization.

(iv) Agriculture supplies raw materials to the Nigeria manufacturing sector.

(v) A source of government revenue: the government derives a lot of revenue from income taxes from farmers and revenue from export duties on
exported agricultural products.

(vi) The agricultural sector provides a ready market for the industrial sector thereby helping to facilitate industrialization in Nigeria.

(vii) Contribution to Gross Domestic Product: The agricultural sector contributes a substantial percentage to the Gross

(viii) Supply of labour to the industrial sector: The agricultural sector releases unskilled and semi skilled labour to the industrial sector.

Sunday

Share
Published by
Sunday
Tags: NABTEB

Recent Posts

List of Universities Offering Veterinary Medicine in Nigeria

Veterinary medicine is the branch of medicine that deals with the prevention, diagnosis, and treatment…

4 months ago

List of Universities Offering Anthropology in Nigeria

Anthropology is the scientific study of human beings and their cultures. It encompasses a wide…

4 months ago

List of Universities Offering Sociology in Nigeria

Sociology is the scientific study of human society, culture, and behavior. It examines the social…

4 months ago

List of Universities Offering Social Work in Nigeria

Social Work is a profession dedicated to helping individuals, families, and communities to cope with…

4 months ago

List of Universities Offering Religious Studies in Nigeria

Religious studies is an academic discipline that explores the beliefs, practices, and history of various…

4 months ago

List of Universities Offering Public Administration in Nigeria

Public administration is the field of study and practice that focuses on the organization and…

4 months ago