Answer to Question #241071 in Macroeconomics for Jordan

Question

Solution to a project topic on “Agricultural sector and economic growth in Nigeria” covering chapter one to five

Answer 1

The agricultural sector can improve the Nigerian economy by providing food to the growing population, increasing demand for industrial products, and increasing social income. Also, there should be an improvement in people’s welfare and employment. Providing foreign exchange earnings locally for the importation of capital goods. The agricultural sector offers food productions and helps expand the growth of the Nigerian economy. Therefore, there should be solutions to problems that might be affecting the agricultural sector. For instance, training and raising education levels, mechanizing agriculture and improving on agricultural research council. The council should supervise, coordinate and implement all agrarian improvements.