IN A POST COVID-19 WORLD, AGRICULTURE NEEDS TO BE NIGERIA'S NEW OIL

IN A POST COVID-19 WORLD, AGRICULTURE NEEDS TO BE NIGERIA'S NEW OIL

IN A POST COVID-19 WORLD, AGRICULTURE NEEDS TO BE NIGERIA'S NEW OIL

Given its long years of over-relying on petroleum crude, sorcery was never required to suggest that the Nigerian economy was skating on thin ice—and was closing in to meet its waterloo. The danger in the country putting all of its economic eggs in one basket had long been foretold by experts with the third eyes. The warnings were given, the risk factors analyzed, and the call for diversification was sung as music to the ears. But given the familiarity of the Nigerian condition, those cautions fell on deaf ears. Today it can be remarked that a virus that walked into town few months back had stolen the show—reiterating in action all that had been spelled out. The virus in question—called COVID-19 needs no introduction. Its effects in the global space are speaking more volume hellishly beyond what the current crop of the human race can comprehend. Governmental wheels are beginning to fall off, economies around the world are crippling and heading towards the brink—and overall, humanity currently hangs by a thread. The evolving dynamics suggest that while some countries and their economies might survive the onslaught of this capricious doom and gloom by stepping out of it almost unscathed, the same cannot be said about fragile economies like that of Nigeria. The drastic fall in the global oil price as a result of the impact of the virus lends credence to this fact, as the future for Nigeria's sweet oil looks even bleaker. The seismic shift—though confusing to our policymakers—might be on the verge in rightly directing the country's path to sustainable development, a path that should take us back home. The drift here is simple but requires rational analysis to point out where Nigeria would be going from here. The ongoing COVID-19 pandemic era is radicalizing and revolutionizing systems, thought patterns, and work patterns—and its aftermaths are likely to open up frontiers in spontaneous forms that would change the rules of the game. Information technology and virtual operations would grow exponentially alongside Agriculture, the Media, Logistics, Public Health including gigs for Economic and Political Think tanks. One thing on that list sits pretty and comfortable for Nigerians and its markets—Agriculture. Ignore it at your peril—but agriculture is a ready-made factory-fitted asset for the Nigerian economic boom. For it can be the country's new oil in a potential post-COVID-19 world where innovations would far exceed political theatrics and bogus sums from crude oil exports. History has proven that Nigeria made a glorious cash cow from the exportation of its agricultural produce before the discovery of oil. The country's arable land is considered as one of the best fertile in the world, and its food crops if maximized can feed its entire population exceedingly well, and bring returned investments for social growth. The magic wand in exploring the contemporary possibilities of agricultural development in Nigeria rest on engaging its youths in agro-business. The country’s youth makes up over seventy percent of its entire population. Within this spectrum, the needed agility and robustness for mass labour and productivity can yield growing dividends in boosting the nation’s GDP. The positives are beyond this. Agriculture expresses Nigeria’s cultural heritage and identity in more functional ways than one. It fits the country’s image like a pair of gloves. And while there’s an expansive insight to this, it must be emphasized at all times, that human beings tend to live longer when they grow and eat their own foods. The need for Nigeria to diversify its economy and place agriculture atop the pile of its economic agenda demands urgent attention. Focusing on this development requires more than paying lips services to the fallacy of a rose-tinted history of the country's agricultural good old days. Nigeria needs to plug its mind in the frame of modernized practices. Contemporary designs show that large scale agricultural development stems from merchandized operations buoyed by continuing scientific discoveries. The country must be ready to invest in this regard yawningly if it wants to hit the ground running. However, the bulk of forging ahead in the agricultural sense must not be restrictive to governmental control. Nigerians from all walks of life, especially its youths must start cultivating the culture of growing their food and exploiting their lands. Thinking towards this direction would usher us all into a forward-thinking paradigm, and would open up more grounds for progress. Expansive agriculture needs to be given the opportunity to flourish—it has all of what it takes to be Nigeria's new oil.

11 Comments on “IN A POST COVID-19 WORLD, AGRICULTURE NEEDS TO BE NIGERIA'S NEW OIL ”

  1. Anonymous Weath says:

    The timing for this is very good. Crude oil has lost it financial value in the market place. So agriculture is and should now be the in thing. Congratulations

  2. Anonymous Christianah says:

    Agriculture has it all to benefit Nigeria, if only our government can look very deep into it. There are more than enough to gain from agriculture instead of oil without the support of any other country.

  3. Anonymous Mr World Record says:

    this is a fantastic Project. this will surely boost the country GDP of both the entertainment and agriculture industry at Thesame time

  4. Anonymous Kaine says:

    We need home grown indices to solve our problems. So let's cut to the chase, agriculture should be Nigeria's new oil.

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  6. Anonymous Darlington says:

    The craze for the black-gold(crude oil) has a negative impact on the Nigerian culture,if we could take a strole back to the early 60's when agriculture was our mainstay we will testify how industrious Nigeria was ,am optimistic this transforming project is the mental revolution we need for a new Nigeria FOAN ROCKS!!!!

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