In 2023, agriculture contributed 25% of the Nigerian $375b GDP. This is a sum of $93.7b (value added). In the same year, ₦228.4b of the nation’s ₦221.83trn budget went to agriculture. It represents 1.05%. This is equivalent of $523.4m factoring in $435.75 FX rate benchmark of the 2023 budget. Hence, in the period of foucus […]
