Nigeria: Is Agriculture the New Oil?

Ninety percent of Nigeria's rural population is employed in agriculture, making land the most valued asset of many rural people. However, rural farmers often lack the funding to utilize practices that would improve soil fertility and yields from the land. Formally titled land is the preferred form of collateral for loans from most Nigerian banks.
Financing Agricultural Development in Nigeria

PHOTO ESSAYS: Financing Agricultural Development in Nigeria

For smallholder farmers, collateral and credit is key. Photo: (far left) Minister for Agriculture and Rural Development, Dr. Akinwunmi Adesina, and colleagues, holding a prize cassava. Ekiti State, ...

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