Download or read book Poverty Reduction and the Nigeria Agricultural Sector written by F. Okunmadewa and published by . This book was released on 2002 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agricultural Policies for Poverty Reduction written by OECD and published by OECD Publishing. This book was released on 2012-03-02 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume sets out a strategy for raising rural incomes which emphasises the creation of diversified rural economies with opportunities within and outside agriculture.
Download or read book Transforming Agribusiness in Nigeria for Inclusive Recovery Jobs Creation and Poverty Reduction written by Elliot Mghenyi and published by World Bank Publications. This book was released on 2022-02-08 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria has for decades placed enormous emphasis on diversifying its economy beyond oil and into sectors such as agribusiness and manufacturing. Lack of progress on the diversification agenda could be blamed on weak implementation and misalignment of public spending, but it also reflects more profound underlying issues. For example, declarations that any particular sector should drive diversification without offering clarity on specific investment priorities and expected outcomes will not persuade budget holders to allocate development resources. The lack of clarity also deprives policy makers and practitioners of the information, inspiration, and conviction to develop and execute sector plans that could operationalize diversification. Transforming Agribusiness in Nigeria for Inclusive Recovery, Jobs Creation, and Poverty Reduction: Policy Reforms and Investment Priorities aims to provide that clarity by illustrating the potential of the agribusiness sector to accelerate inclusive growth, create jobs, and reduce poverty. Building on an early finding that this sector provides the best prospects for inclusive growth and more and better jobs, the book identifies the specific agricultural value chains with the highest potential to create jobs, reduce poverty, and improve nutrition outcomes. The findings demonstrate, however, that the value chains with the most potential to pursue one policy objective are not necessarily as effective for other objectives, clearly calling for selectivity of value chains, depending on policy objectives. The book also estimates the level of growth required to meet specific jobs targets and finds that the growth burden is lower when on-farm and off-farm segments of agribusiness grow in tandem and higher if either segment stagnates. It concludes that a whole-of-agribusiness approach that emphasizes coordinated investments between on-farm and off-farm segments is needed to enable the sector to meet its potential in creating jobs and generating inclusive growth.
Download or read book Agricultural Growth and Investment Options for Poverty Reduction in Nigeria written by Xinshen Diao and published by . This book was released on 2010 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study uses an economy-wide, dynamic computable general equilibrium (DCGE) model to analyze the ability of growth in various agricultural subsectors to accelerate overall economic growth and reduce poverty in Nigeria over the next years (2009-17). In addition, econometric methods are used to assess growth requirements in agricultural public spending and the relationship between public services and farmers' use of modern technology. The DCGE model results show that if certain agricultural subsectors can reach the growth targets set by the Nigerian government, the country will see 9.5 percent annual growth in agriculture and 8.0 percent growth of GDP over the next years. The national poverty rate will fall to 30.8 percent by 2017, more than halving the 1996 poverty rate of 65.6 percent and thereby accomplishing the first Millennium Development Goal (MDG1). This report emphasizes that in designing an agricultural strategy and prioritizing growth, it is important to consider the following four factors at the subsectoral level: (i) the size of a given subsector in the economy; (ii) the growth-multiplier effects occurring through linkages of the subsector with the rest of the economy; (iii) the subsector-led poverty reduction-growth elasticity; and (iv) the market opportunities and price effects for individual agricultural products. In analyzing the public investments that would be required to support a 9.5 percent annual growth in agriculture, this study first estimates the growth elasticity of public investments using historical spending and agricultural total factor productivity (TFP) growth data. The results show that a 1 percent increase in agricultural spending is associated with a 0.24 percent annual increase in agricultural TFP. With such low elasticity, agricultural investments must grow at 23.8 percent annually to support a 9.5 percent increase in agriculture. However, if the spending efficiency can be improved by 70 percent, the required agricultural investment growth becomes 13.6 percent per year. The study also finds that investments outside agriculture benefit growth in the agricultural sector. Thus, assessments of required growth in agricultural spending should include the indirect effects of nonagricultural investments and emphasize the importance of improving the efficiency of agricultural investments. To further show that efficiency in agricultural spending is critically important to agricultural growth, this study utilizes household-level data to empirically show that access to agricultural services has a significantly positive effect on the use of modern agricultural inputs.
Download or read book Nigeria Agriculture and Rural Poverty written by Weltbank and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Nigerian labor force, like that of many countries in Africa, is heavily concentrated in agriculture. According to World Bank reports, the agricultural sector in Nigeria grew by about 6.8 percent annually from 2005-2009. This report focuses on the characteristics of the agricultural sector and rural households in Nigeria, and their implications for poverty. This report examines the relationships using nationally representative data from the general household survey panel (GHS), 2010-11. It was found that an elasticity of poverty reduction with respect to agricultural productivity of between 0.25 to 0.3 percent implying that a 10 percent increase in agricultural productivity will decrease the likelihood of being poor by between 2.5 and 3 percent. Agriculture in Nigeria is varied across regions, and, not surprisingly, most households involved in the sector reside in rural areas. The report is organized as follows: section one gives introduction. Section two gives brief description of selected agricultural programs and the targets of government expenditure in the sector in recent decades. Section three presents detailed profile of rural households and the composition of economic activities with a particular focus on agriculture. Section four examines the determinants of agricultural productivity, and highlights the factors (land ownership, input use, labor, plot management, land tenure, and household characteristics) most important for small-holder productivity. Section five concludes.
Download or read book Subnational public expenditures short term household level welfare and economic resilience Evidence from Nigeria written by Takeshima, Hiroyuki and published by Intl Food Policy Res Inst. This book was released on 2021-10-19 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public expenditures (PE) are critical for key public sector functions that contribute to development and welfare improvements, including the provisions of necessary public goods and the mitigation of market failures. PE in social sectors, such as health, education, and social welfare, and in agriculture have been increasingly recognized as potentially important for income growth, poverty reduction, fostering increased private investment, improved nutritional outcomes, and greater economic resilience. Furthermore, the importance of the impact of subnational PE on these outcomes has also been recognized, as appropriately decentralized PE systems can potentially achieve greater effectiveness by enabling public sector support that is tailored more to local needs. However, direct evidence of these developmental effects of decentralized PE in developing countries like Nigeria has been relatively limited. This study attempts to fill this knowledge gap by estimating the effects of shares of total subnational PE for agriculture, health, education, and social welfare, as well as PE size, on household-level outcomes using nationally-representative panel household data and both local government area and higher state-level PE data for Nigeria. We find that greater shares of total PE for agriculture, health, and social welfare, conditional on PE size, generally have positive effects on consumption, poverty reduction, and non-farm business capital investments. A greater share of total PE for agriculture benefits a broader range of outcomes than do greater shares of total PE for health and social welfare. These include improving certain nutritional outcomes, like household dietary diversity across seasons, and economic flexibility between farm and non-farm activities, which may be particularly important for building resilience in today’s rapidly changing socioeconomic environment due to shocks, including COVID19. Such multi-dimensional benefits of greater PE for agriculture are particularly worthy of attention in countries like Nigeria, which have historically allocated a lower share of total PE to agriculture than to health and other social welfare sectors and a lower share of total PE to agriculture compared to that allocated to agriculture in similar countries in Africa and elsewhere.
Download or read book Fiscal Policy and Poverty Alleviation written by Benneth O. Obi and published by . This book was released on 2007 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agriculture Poverty and Policy Reform in Sub Saharan Africa written by Kevin M. Cleaver and published by Washington, D.C. : World Bank. This book was released on 1995 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: The extent of rural poverty in Sub-Saharan Africa; Lack of agricultural development as a major cause of rural poverty; A program to acelerate agricultural growth; Has the strategy been implemented? Measures of the impact of policy and investment on agriculture; Does agricultural growth benefit the rural poor? Agricultural progress in the "big Ten "Countries.
Download or read book Farming Systems and Poverty written by John A. Dixon and published by Food & Agriculture Org.. This book was released on 2001 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: A joint FAO and World Bank study which shows how the farming systems approach can be used to identify priorities for the reduction of hunger and poverty in the main farming systems of the six major developing regions of the world.
Download or read book An Empirical Investigation on the Impact of Increased Financing of the Agricultural Sector on Poverty Reduction Unemployment and Economic Development in Nigeria written by Nwabueze Prince Okenna and published by . This book was released on 2020 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research work aims to investigate the impact of previous finances allocated to the agricultural sector has had on Nigeria's economic development and its contributions to poverty and unemployment rate reduction.The research will also investigate based on findings, the impact future increased financing of this sector will equally have on poverty reduction, employment generation and economic development in Nigeria and also, analyse other potentials the agricultural sector has that can impact the growth and development positively and contribute to poverty reduction as well.Based on the result and findings, various development-friendly policies and recommendations will be proffered that will be implemented to contribute favourably in attracting investors both foreign and local, boost these investors' confidence in this sector.The work will also identify and recommend other potentials the agricultural sector has that can impact positively on the country's existing potentials.
Download or read book Distortions to Agricultural Incentives in Africa written by Kym Anderson and published by World Bank Publications. This book was released on 2009-03-13 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: The vast majority of the world s poorest households depend on farming for their livelihoods. During the 1960s and 1970s, most developing countries imposed pro-urban and anti-agricultural policies, while many high-income countries restricted agricultural imports and subsidized their farmers. Both sets of policies inhibited economic growth and poverty alleviation in developing countries. Although progress has been made over the past two decades to reduce those policy biases, many trade- and welfare-reducing price distortions remain between agriculture and other sectors and within the agricultural sector of both rich and poor countries. Comprehensive empirical studies of the disarray in world agricultural markets appeared approximately 20 years ago. Since then, the Organisation for Economic Co-operation and Development has provided estimates each year of market distortions in high-income countries, but there have been no comparable estimates for the world s developing countries. This volume is the third in a series (other volumes cover Asia, Europe s transition economies, and Latin America and the Caribbean) that not only fills that void for recent years but extends the estimates in a consistent and comparable way back in time and provides analytical narratives for scores of countries that shed light on the evolving nature and extent of policy interventions over the past half-century. 'Distortions to Agricultural Incentives in Africa' provides an overview of the evolution of distortions to agricultural incentives caused by price and trade policies in the Arab Republic of Egypt plus 20 countries that account for about of 90 percent of Sub-Saharan Africa s population, farm households, agricultural output, and overall GDP. Sectoral, trade, and exchange rate policies in the region have changed greatly since the 1950s, and there have been substantial reforms since the 1980s. Nonetheless, numerous price distortions in this region remain, others have been added in recent years, and there has also been some backsliding, such as in Zimbabwe. The new empirical indicators in these country studies provide a strong evidence-based foundation for assessing the successes and failures of the past and for evaluating policy options for the years ahead.
Download or read book Estimating the impact of agricultural technology on poverty reduction in rural Nigeria written by Babatunde Omilola and published by Intl Food Policy Res Inst. This book was released on with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Alternative Poverty Reduction Strategy for Nigeria written by and published by Centre for Democracy & Development Africa Office. This book was released on 2004 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Options for Agricultural Growth for Poverty Reduction in Nigeria written by Xinshen Diao and published by . This book was released on 2009 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyzes growth options in agricultural sub-sectors to accelerate overall economic growth and reduce poverty in Nigeria in the next nine years (2009-17) using an economy-wide, dynamic computable general equilibrium (DCGE) model. The model results show that if the individual agricultural subsectors' growth targets set by the Nigerian government can be achieved, the country will have 9.5 percent of agricultural annual growth and 8.0 percent of GDP growth in the next 10 years. The national poverty rate will fall to 30.8 percent by 2017, more than halving 1996's poverty rate of 65.6 percent, thereby accomplishing the objective for MDG1. The report emphasizes that in designing an agricultural strategy and in prioritizing growth, it is important to consider the following four factors at the subsector level: (i) the size of a subsector in the economy, (ii) growth multiplier effect through linkages of a subsector with the rest of the economy, (iii) poverty reduction - growth elasticity effect through growth primarily led by a subsector, and (iv) market opportunities and price effect for individual agricultural products.
Download or read book The growth poverty convergence agenda Optimizing social expenditures to maximize their impact on agricultural labor productivity growth and poverty reduction in Africa written by Ousmane Badiane, John Ulimwengu and published by Intl Food Policy Res Inst. This book was released on with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nigeria Transforming Agribusiness for Inclusive Recovery Jobs Creation and Poverty Reduction written by Chidozie Anyiro and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern economic policy making in Nigeria has placed enormous emphasis on diversification of the economy to non-oil productive sectors. With the aim to restore economic growth following the 2015-16 recession and lay the foundations for long-term structural change, the economic growth and recovery plan (ERGP) recognized the need to diversify the economy to non-oil productive sectors such as agriculture and agro-allied industries, in order to build an economy that can generate inclusive growth and create jobs. This report aims to improve understanding of the potential of the agribusiness sector (primary agriculture plus off-farm agribusiness) to accelerate inclusive recovery from the 2020 recession, create jobs, and reduce poverty. A key early finding of the report is that the agribusiness sector is critical to accelerating inclusive recovery and creating jobs. The report builds on this evidence to identify the specific value chain groups that have most potential to create jobs, reduce poverty, and improve nutrition outcomes. Next, the report offers to highlight the complex set of factors that mediate the performance of agricultural value chains, distinguishing between issues that pertain to upstream primary agriculture, those that affect downstream off-farm agribusiness and cross-cutting challenges. The agribusiness enabling environment takes center stage in this part of the report, focusing on policy reforms around seed regulations, fertilizers quality control, warehouse receipts, and agricultural trade. Finally, the report takes deep dives to identify reforms to increase competitiveness in the value chains that were found to have the most potential to create jobs, reduce poverty, and improve nutrition outcomes.
Download or read book Strategic Issues on Growth in the Agricultural Sector and Reducing Poverty in Nigeria written by Xinshen Diao and published by . This book was released on 2010 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designing agricultural strategies requires an understanding of the options for dealing with growth in the sector, its impact on targeted beneficiaries, and the investment required to achieve the growth. IFPRI's recent study identified agricultural growth and development options that can support comprehensive rural development in Nigeria, in line with its national agricultural strategy - the National Food Security Program - over the next nine years (2009-2017). This research highlighted five key issues to be considered when developing and updating agriculture strategies that aim to alleviate poverty through accelerated growth in the agriculture sector.
