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Economic reform in the Agricultural sector of Nigeria: Merits and Demeits

Author

Listed:
  • Obayelu Abiodun Elijah

    (University of Ibadan, Ibadan Oyo State Nigeria)

  • Okoruwa V.O

    (University of Ibadan Ibadan Oyo state, Nigeria)

Abstract

The main objective of this working paper was to look at the economic reforms and there impacts in the Nigeria agricultural sector using some indicators such as the Gross domestic Products, prices of agricultural product,prices of agricultural inputs,effects on poverty, effects on both imports and export effect on quality of agricultural products etc.This was however done through extensive review of various forms of economic reform the sectors since the pre colonial era and comparing there effects both negative and positives on all the stakeholders: the farmers, consumers as well as the government and the economy as a whole.The result shows that The Nigerial economic reforms in the agricultural sector is the best option only if nigeria government is honest in the execution of the reform exercise. This will in know doubtenable the country to compete favourably with other countries of the world interm of provision of food to her citizenry as well as generation of foreign exchange in boosting the economy

Suggested Citation

  • Obayelu Abiodun Elijah & Okoruwa V.O, 2005. "Economic reform in the Agricultural sector of Nigeria: Merits and Demeits," Development and Comp Systems 0509014, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpdc:0509014
    Note: Type of Document - doc; pages: 20
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/dev/papers/0509/0509014.doc
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    More about this item

    Keywords

    Economic reform; agricultural sector; Nigeria; merits and demerits;
    All these keywords.

    JEL classification:

    • O - Economic Development, Innovation, Technological Change, and Growth
    • P - Political Economy and Comparative Economic Systems

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