Poverty Reduction and the Nigeria Agricultural Sector - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Poverty Reduction and the Nigeria Agricultural Sector write by F. Okunmadewa. This book was released on 2002. Poverty Reduction and the Nigeria Agricultural Sector available in PDF, EPUB and Kindle.
Transforming Agribusiness in Nigeria for Inclusive Recovery, Jobs Creation, and Poverty Reduction
Transforming Agribusiness in Nigeria for Inclusive Recovery, Jobs Creation, and Poverty Reduction - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Transforming Agribusiness in Nigeria for Inclusive Recovery, Jobs Creation, and Poverty Reduction write by Elliot Mghenyi. This book was released on 2022-02-08. Transforming Agribusiness in Nigeria for Inclusive Recovery, Jobs Creation, and Poverty Reduction available in PDF, EPUB and Kindle. Nigeria has for decades placed enormous emphasis on diversifying its economy beyond oil and into sectors such as agribusiness and manufacturing. Lack of progress on the diversification agenda could be blamed on weak implementation and misalignment of public spending, but it also reflects more profound underlying issues. For example, declarations that any particular sector should drive diversification without offering clarity on specific investment priorities and expected outcomes will not persuade budget holders to allocate development resources. The lack of clarity also deprives policy makers and practitioners of the information, inspiration, and conviction to develop and execute sector plans that could operationalize diversification. Transforming Agribusiness in Nigeria for Inclusive Recovery, Jobs Creation, and Poverty Reduction: Policy Reforms and Investment Priorities aims to provide that clarity by illustrating the potential of the agribusiness sector to accelerate inclusive growth, create jobs, and reduce poverty. Building on an early finding that this sector provides the best prospects for inclusive growth and more and better jobs, the book identifies the specific agricultural value chains with the highest potential to create jobs, reduce poverty, and improve nutrition outcomes. The findings demonstrate, however, that the value chains with the most potential to pursue one policy objective are not necessarily as effective for other objectives, clearly calling for selectivity of value chains, depending on policy objectives. The book also estimates the level of growth required to meet specific jobs targets and finds that the growth burden is lower when on-farm and off-farm segments of agribusiness grow in tandem and higher if either segment stagnates. It concludes that a whole-of-agribusiness approach that emphasizes coordinated investments between on-farm and off-farm segments is needed to enable the sector to meet its potential in creating jobs and generating inclusive growth.
Agricultural Policies for Poverty Reduction
Agricultural Policies for Poverty Reduction - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Agricultural Policies for Poverty Reduction write by OECD. This book was released on 2012-03-02. Agricultural Policies for Poverty Reduction available in PDF, EPUB and Kindle. This volume sets out a strategy for raising rural incomes which emphasises the creation of diversified rural economies with opportunities within and outside agriculture.
Agricultural Growth and Investment Options for Poverty Reduction in Nigeria
Agricultural Growth and Investment Options for Poverty Reduction in Nigeria - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Agricultural Growth and Investment Options for Poverty Reduction in Nigeria write by Xinshen Diao. This book was released on 2010. Agricultural Growth and Investment Options for Poverty Reduction in Nigeria available in PDF, EPUB and Kindle. This study uses an economy-wide, dynamic computable general equilibrium (DCGE) model to analyze the ability of growth in various agricultural subsectors to accelerate overall economic growth and reduce poverty in Nigeria over the next years (2009-17). In addition, econometric methods are used to assess growth requirements in agricultural public spending and the relationship between public services and farmers' use of modern technology. The DCGE model results show that if certain agricultural subsectors can reach the growth targets set by the Nigerian government, the country will see 9.5 percent annual growth in agriculture and 8.0 percent growth of GDP over the next years. The national poverty rate will fall to 30.8 percent by 2017, more than halving the 1996 poverty rate of 65.6 percent and thereby accomplishing the first Millennium Development Goal (MDG1). This report emphasizes that in designing an agricultural strategy and prioritizing growth, it is important to consider the following four factors at the subsectoral level: (i) the size of a given subsector in the economy; (ii) the growth-multiplier effects occurring through linkages of the subsector with the rest of the economy; (iii) the subsector-led poverty reduction-growth elasticity; and (iv) the market opportunities and price effects for individual agricultural products. In analyzing the public investments that would be required to support a 9.5 percent annual growth in agriculture, this study first estimates the growth elasticity of public investments using historical spending and agricultural total factor productivity (TFP) growth data. The results show that a 1 percent increase in agricultural spending is associated with a 0.24 percent annual increase in agricultural TFP. With such low elasticity, agricultural investments must grow at 23.8 percent annually to support a 9.5 percent increase in agriculture. However, if the spending efficiency can be improved by 70 percent, the required agricultural investment growth becomes 13.6 percent per year. The study also finds that investments outside agriculture benefit growth in the agricultural sector. Thus, assessments of required growth in agricultural spending should include the indirect effects of nonagricultural investments and emphasize the importance of improving the efficiency of agricultural investments. To further show that efficiency in agricultural spending is critically important to agricultural growth, this study utilizes household-level data to empirically show that access to agricultural services has a significantly positive effect on the use of modern agricultural inputs.
Nigeria Agriculture and Rural Poverty
Nigeria Agriculture and Rural Poverty - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Nigeria Agriculture and Rural Poverty write by Weltbank. This book was released on 2014. Nigeria Agriculture and Rural Poverty available in PDF, EPUB and Kindle. The Nigerian labor force, like that of many countries in Africa, is heavily concentrated in agriculture. According to World Bank reports, the agricultural sector in Nigeria grew by about 6.8 percent annually from 2005-2009. This report focuses on the characteristics of the agricultural sector and rural households in Nigeria, and their implications for poverty. This report examines the relationships using nationally representative data from the general household survey panel (GHS), 2010-11. It was found that an elasticity of poverty reduction with respect to agricultural productivity of between 0.25 to 0.3 percent implying that a 10 percent increase in agricultural productivity will decrease the likelihood of being poor by between 2.5 and 3 percent. Agriculture in Nigeria is varied across regions, and, not surprisingly, most households involved in the sector reside in rural areas. The report is organized as follows: section one gives introduction. Section two gives brief description of selected agricultural programs and the targets of government expenditure in the sector in recent decades. Section three presents detailed profile of rural households and the composition of economic activities with a particular focus on agriculture. Section four examines the determinants of agricultural productivity, and highlights the factors (land ownership, input use, labor, plot management, land tenure, and household characteristics) most important for small-holder productivity. Section five concludes.
