In a recent article, Vestance co-founder Rildwan Bello highlights the staggering statistic of 40.2 million agricultural households reported by the National Bureau of Statistics (NBS) in Nigeria, raising urgent questions about food security and economic development. Despite the vast size of the agricultural workforce, the nation continues to grapple with persistent food inflation and widespread food insecurity.
The dominance of agriculture in Nigeria's GDP contrasts sharply with its high poverty rates, particularly in rural areas where agricultural households are concentrated. This calls for a transformative approach in agricultural policy and practices to enhance productivity, reduce poverty, and address food insecurity effectively. Click here to read the full article.
