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Agripreneurship Development as a Tool for Revitalizing the Agricultural Sector Performance of Nigeria

Journal: International Journal of Trend in Scientific Research and Development (Vol.6, No. 5)

Publication Date:

Authors : ;

Page : 563-567

Keywords : export; foreign exchange; agriculture; agripreneurship; economic growth;

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Abstract

Over reliance on crude oil as a currency exchange has resulted in a steady decline in the performance of the agricultural sector, which was Nigerias mainstay before the oil boom of the 1970s. At present, the Nigerian economy continues to struggle to retain its title of Africas largest economy, with recent fluctuations in oil prices having negatively impacted the economy, reflected in the low standard of living and increased rise in the cost of goods and services. Scholars agree that the Nigerian economy should be diversified through agriculture and that agripreneurship could improve the nations current economic situation. Therefore, enhanced performance of the agricultural sector could lead to economic recovery and sustainable development. Despite the fact that many awareness programs, workshops, seminars and presentations have also been organized by private and governmental bodies and organizations, strategies and support systems have been created by the government at both the state and federal levels to improve the agricultural sector, but results are still pointing Recent studies indicate that the performance of the agricultural sector in Nigeria is poor. This indicates that perhaps agripreneurship has not really been embraced and there appear to be some bottlenecks or obstacles that are hampering the improvement in the performance of the countrys agricultural sector. Agriculture is still practiced at the subsistence level. Accordingly, the focus of this study is to examine agripreneurship development as a tool for revitalizing the Agricultural sector performance of the economy which will in turn lead to economic growth and development. Dr. Chibike Onyije Nwuba | Chukwunonso Chukwudi Okoli "Agripreneurship Development as a Tool for Revitalizing the Agricultural Sector Performance of Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-5 , August 2022, URL: https://www.ijtsrd.com/papers/ijtsrd50498.pdf Paper URL: https://www.ijtsrd.com/management/marketing/50498/agripreneurship-development-as-a-tool-for-revitalizing-the-agricultural-sector-performance-of-nigeria/dr-chibike-onyije-nwuba

Last modified: 2022-09-06 18:41:18