Agripreneurship Strategy for Wealth Creation and Sustainable Development in Nigeria

Nigerias over dependence on crude oil for foreign exchange since the early 1970s has led to a gross decline in the performance of the agricultural sector, which was Nigerias mainstay before the oil boom. At present, the Nigerian economy continues to struggle to live up to its title as Africas largest economy, with recent fluctuations in oil prices having a negative impact on the economy, reflected in low living standards and rising costs of goods and services. Researchers agree that agripreneurship could improve Nigerias current economic situation. In other words, improved agricultural sector performance could lead to economic growth and sustainable development. Despite the fact that many educational programmes, workshops, seminars and presentations have also been organized by private and governmental bodies and organisations, strategies and support systems have been put in place by the government at both the state and federal levels to boost the agricultural sector, but only recently Studies still show that the performance of the agricultural sector in Nigeria is low. This indicates that agripreneurship may not have been fully embraced and that there appear to be some bottlenecks or limitations that are hampering the improvement of agricultural sector performance. Consequently, the focus of this study is to explore the agripreneurship strategy and its importance for economic growth and sustainable development in Nigeria. Dr. Chibike Onyije Nwuba | Chukwunonso Chukwudi Okoli "Agripreneurship Strategy for Wealth Creation and Sustainable Development in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-7 , December 2022, URL: https://www.ijtsrd.com/papers/ijtsrd52483.pdf Paper URL: https://www.ijtsrd.com/management/marketing/52483/agripreneurship-strategy-for-wealth-creation-and-sustainable-development-in-nigeria/dr-chibike-onyije-nwuba