Agriculture As A Road To Wealth Creation

In the 1950s and 1960s,
agriculture played important role in economic development of Nigeria. The various regional governments of 1940s encouraged agriculture. In the West, Cocoa was produced and exported through the cocoa Marketing Board to foreign countries . Cocoa earned a lot of money for the Western region and the Federal Government.
In the northern part of Nigeria, groundnut, hides and skin were produced largely in Kano and other towns and villages. In the East, oil palm was produced and exported to foreign countries like Britain and France. Agriculture employed over sixty per cent of Nigerians.
When crude oil export started with the completion of oil refinery at Eleme in Rivers State, crude oil became the black gold. Many states focused on oil money and abandoned agriculture. Read more
Source: www.thetidenewsonline.com