Post
Topic
Board Economics
Re: Hunger in a country known for agriculture.
by
Fortify
on 23/07/2024, 18:01:43 UTC
Nigeria is country that is well known as a typical agricultural nation which was once the mainstay to the country economy and because of the agricultural strength of the country compel them to have their flag as Green White Green which signify agriculture and peace but it baffles me to see the level of hunger going on in Nigeria now to the extend that an average Nigerian cannot boast of feeding himself and family three square meal per day.
What could be the root cause of this hunger in a country that has all it takes including human capitals and natural resources to make a great nation that the whole would will cherish and envy.

I wouldn't say that Nigeria is particularly well known for agriculture, but it might be one of the bigger players in Africa - just because it has the largest population. In the rest of the world agriculture is heavily mechanized and does not rely on large amounts of people, so it might feed people and make some money but it offers a fairly low amount of high skilled labor. You'll find that farmers are always looking to sell their crop to the highest bidder, which makes sense and is good for a country if they keep reinvesting back home. However the highest bidder in Nigeria's case, particularly with it's currency volatility, will often be overseas buyers and the farmer might not be interested in pouring those profits back in, but rather enjoy them elsewhere.