Oil and Agriculture: Can They Mix?
Abstract
According to the Fund for Peace, Nigeria is in the top-20 list of failing states. Although the nation is awash in oil, the people of Nigeria are among the poorest in Africa. In fact, Nigeria's standard of living has actually decreased since the discovery of its vast petroleum wealth. However, Nigeria has the potential to revitalize its economy to become less dependent on oil for its revenues. One way to accomplish this is through revitalization of the nation's agriculture industry. This paper proposes that the Government of Nigeria implement and enforce a regulatory framework to revitalize the nation's agriculture industry and support enhanced economic prosperity and stability in the country. The paper will briefly explore the history of agriculture in Nigeria, detail the challenges currently faced by the industry, address possible solutions, and consider alternate points of view. Finally, recommendations are made with respect to the implementation of this proposal.
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 02, 2012
- Accession Number
- ADA570333
Entities
People
- Janeva R. Maxson
Organizations
- Naval War College