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Nigeria's transformation into a major oil producer in the late 1960s overwhelmed its status as one of the most promising agricultural producers in the world. Between 1960 and 1969, net exports of agricultural products constituted 6 to 7 percent of Nigeria's GDP and the country was able to feed itself.

But as the country began to depend on oil to drive growth and development, Nigeria's status as an agricultural powerhouse steeply declined, and by 1975 it became a net importer of agricultural products. In 2013, Nigeria's agricultural net imports reached $3 billion, according to a World Bank estimate, with the largest imports, by value, including wheat, sugar, rice, and fish.

And, yet, Nigeria's agricultural story need not be finished. It has abundant resources to support a more substantial agricultural economy: large areas of arable land, two of Africa’s largest rivers, and a large, youthful workforce. As former President of Nigeria Obasanjo wrote in Forbes last year, agriculture could become the new oil for Nigeria, providing long-term sustainable growth in the new world of low energy prices. 

In this series, Knoema presents data and visuals on Nigeria's agricultural sector, land use, and water resources as well as the crowdsourced retail food prices, collected by contributors of our MarketTap program.

Sources: World Development Indicators (WDI), November 2015FAO Value of Agricultural production, February 2015FAO AQUASTAT, 2015OECD-FAO Agricultural Outlook 2015-2024; FAO Food Balance Sheets, 2015Socio-Economic Data, Nigeria 2014Agriculture Sector of Nigeria, 2012Regional Geographic Data of Nigeria, 2010; Food Prices 

Sector overview          Land use and agricultural production          Water resources and water use          Retail food prices

Download our latest AGRICULTURE cheat sheet Download

Download our latest AGRICULTURE cheat sheet

It's a one pager PDF full of live links to agriculture-related data, statistics, and dashboards from leading industry sources. It will be a useful resource for any analyst, business executive, or researcher with an interest in the food security and prices, agricultural production and supply and much more.

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World Exports and Imports of Agricultural products

Agricultural products covers the following commodity categories:Food and live animals: Live animals other than animals of division 03Meat and meat preparationsDairy products and birds' eggsFish, crustaceans, molluscs and preparations thereofCereals and cereal preparationsVegetables and fruitsSugar, sugar preparations and honeyCoffee, tea, cocoa, spices, and manufactures thereofFeedstuff for animals (excluding unmilled cereals)Miscellaneous edible products and preparations Source: United Nations Conference on Trade and Development, Merchandise trade matrix, exports and imports, annual, 1995-2014.

Agriculture

See also: Agriculture | Commodities | Demographics | Economics | Education | Energy | Environment | Exchange Rates | Food Security | Foreign Trade | Healthcare | Land Use | Poverty | Research and Development | Telecommunication | Tourism | Transportation | Water | World Rankings

Difference of Daily Diet Across Countries

Due to many reasons people all over the world have different composition of their daily diet. Here we suggest you to look at how the composition of daily diet varies across different countries with the change of per capita income. People in high income countries consume more vegetable oils, sugar and sweeteners, milk and meat. With the decrease of income among countries, consumption of cereals accounts for bigger share of daily diet. People living at extreme poverty level consume much more starchy roots.  Name of each country on the chart below is followed by value of gross national income (GNI) per capita in current US$ for 2009 (source:...

Global Consultation on Farmers' Rights

Suggested by the sixth session of the Governing Body of the International Treaty on Plant Genetic Resources for Food and Agriculture (ITPGR), the Global Consultation on Farmers' Rights will be hosted by Indonesia and co-sponsored by Norway. The meeting will be informed by a series of pre-consultations held back to back with other ITPGR meetings, and an electronic survey.    Event Holder: International Institute for Sustainable Development Source of data: Global Food Security Index, 2016, Organic crop area by agricultural production methods and crops (from 2012 onwards), Type of tenure: number of farms and areas by economic size of farm...