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Nigeria AGRICULTURE, FORESTRY, AND FISHING http://www.photius.com/countries/nigeria/economy/nigeria_economy_agriculture_forestr~10012.html Sources: The Library of Congress Country Studies; CIA World Factbook
Cocoa House in Ibadan, the cocoa marketing center Spraying cacao plants; cocoa is a major export As economic development occurs, the relative size of the agricultural sector usually decreases. Accordingly, Nigerian GDP originating in the agricultural sector shrank from 65.7 percent in FY 1959 to 30.9 percent by 1976. The overall economic decline reversed this trend, and by 1988, 39.1 percent of GDP was derived from agricultural activity (see table 9, Appendix). The contribution of the agricultural sector increased 3.8 percent yearly between 1983 and 1988, and the percentage of export value in agriculture grew from 3 percent in 1983 to 9 percent in 1988, although much of this growth resulted from the fall in oil export receipts (see table 10, Appendix). Food production also increased rapidly during the 1980s, especially after exchange-rate reform restricted food imports in 1986. Data as of June 1991
NOTE: The information regarding Nigeria on this page is re-published from The Library of Congress Country Studies and the CIA World Factbook. No claims are made regarding the accuracy of Nigeria AGRICULTURE, FORESTRY, AND FISHING information contained here. All suggestions for corrections of any errors about Nigeria AGRICULTURE, FORESTRY, AND FISHING should be addressed to the Library of Congress and the CIA. |
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