ADVERTISEMENT
The Moment Nigeria
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport
No Result
View All Result
The Moment Nigeria
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport

Agriculture contributes over 35% to Nigeria’s GDP — Group

by Honesty Victor
November 27, 2025
Reading Time: 2 mins read
Agriculture contributes over 35% to Nigeria’s GDP — Group
Share on FacebookShare on TwitterShare on WhatsappShare on LinkedIn

 

The Federation of Agricultural Commodity Associations of Nigeria (FACAN) says agriculture contributes more than 35 per cent to the nation’s GDP and engages over 35 per cent of the national workforce.

Mr Sheriff Balogun, President of the association, stated this on Thursday at the 2025 National Agricultural Show in Nasarawa.

RELATED STORIES

Why FG may sell NNPC refineries – Verheijen

NNPCL reduces fuel price after Dangote Refinery, depot owners cut rates

November 27, 2025
NECA secures landmark judgement against Nigeria Customs Service over additional tax

NECA champions ‘Nigeria First’ policy to boost local production and economic growth

November 27, 2025

The theme was “Empowering Smallholder Farmers: Restoring Value; Ensuring Productivity for the Attainment of Food Security in Nigeria.”

ThemomentNG reports that the annual agricultural show is organised by the National Agricultural Foundation of Nigeria (NAFN) in collaboration with the Federal Ministry of Agriculture and Food Security (FMAFS) and others.

Balogun said agriculture remained the stabilising force of the nation’s economic and social development, supporting more than 75 per cent of rural households.

“Critically, agriculture provides over 80 per cent of the daily nutritional intake of more than 200 million Nigerians, making it central to our food security and national well-being.

“The primary agricultural sector alone contributes between 22 and 24 per cent of GDP.

“When the entire value chain is included, such as agro-processing, logistics, inputs, mechanisation, storage, packaging and export services it accounts for over 35 per cent of total GDP impact,” he said.

Speaking on the significance of the 17th edition of the National Agricultural Show, Balogun outlined it as a strategic pillar for national growth, sectoral collaboration and economic stability.

He commended the founding fathers of NAFN for their foresight nearly two decades ago, noting that the platform had evolved into the country’s premier hub for agricultural policy dialogue, and innovation showcasing.

“Their vision continues to inspire the mechanisation and competitiveness of Nigeria’s agricultural sector.

“The show has grown into a national hub where farmers present the richness of the country’s primary production, processors and exporters establish new business partnerships, and women and youth find opportunities across the value chain.

“I appreciate NAFN for sustaining this great national institution, one that continues to strengthen the backbone of the country’s economy,” he said.

Next Post
Pope Leo begins first overseas trip, urges dialogue in Ankara

Pope Leo begins first overseas trip, urges dialogue in Ankara

More Articles...

Why FG may sell NNPC refineries – Verheijen

NNPCL reduces fuel price after Dangote Refinery, depot owners cut rates

November 27, 2025
Anambra guber: Egbetokun urges neutrality among security personnel

BREAKING: Nigerian Police removes Personnel assigned to Atiku, Wike, Aisha Buhari, 17 other VIPs (See Letter)

November 27, 2025
AFCON 2025: AfroSport secures Free-to-Air rights

AFCON 2025: AfroSport secures Free-to-Air rights

November 27, 2025
Gov. Okpebholo vows to lay off incompetent contractors

Okpebholo sacks EDOGIS MD Tony Ikpasajah

November 27, 2025
Tinubu approves Ribadu-led team for US-Nigeria security working group

Tinubu approves Ribadu-led team for US-Nigeria security working group

November 27, 2025
Nigeria, Sierra Leone sign MoU to strengthen cooperation in infrastructure

Nigeria, Sierra Leone sign MoU to strengthen cooperation in infrastructure

November 27, 2025

STANBIC IBTC ADVERT

About Us

Themomentng.com is an online community of reporters and social advocates dedicated to bringing you features, news reports by Africans, but from a global perspective.

Contact Us

+447771081433
+2348051966180(WhatsApp/SMS Only)
Email: themomentng@gmail.com

Categories

  • Business
  • Education
  • Entertainment
  • Events
  • Featured
  • Food
  • Foreign
  • Health
  • Interviews
  • Life and Styles
  • Metro
  • Motoring
  • News
  • Opinion
  • Politics
  • Religion
  • Society
  • Sport
  • Technology
  • Top Story

Follow Us

Facebook Twitter Instagram

Copyright © Themomentng.com. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport