Post
Topic
Board Economics
Re: Hunger in a country known for agriculture.
by
Baki202
on 25/07/2024, 15:36:45 UTC
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.

Nigerians may not be well-known for their agricultural skills, but they do make an effort to produce food because the country's agricultural conditions are not ideal. Nigeria currently imports a small amount of food goods into other nations, which is why I stated that Nigeria ought to rank among the nations with the highest food output.  And in light of the current economic situation, which is well known, many people are attempting to return to farming due in part to the high cost of food products. This is due to the fact that elements that supported Nigeria's increased food production also made the city of food feasible. To ensure that food is produced, more farmers must be hired at the same time in order to prevent food shortages, which lead to rising food prices as food grows more scarce. Simply because our farmers invest large sums of money in your farms The price of the goods they purchase from the farm is also impacted by this, and the quantity of farmers we have on the ground allows us to adjust to the challenges we face in food production over time. However, We should face less of a problem with food production when people start using their phones again.