Nigeria has over 84 million hectares of arable land, of which only 40% is cultivated; 230 billion cubic meters of water; abundant and reliable rainfall in over two thirds of its territory, the country has some of the richest natural resources for agricultural production in the world. Not surprisingly, with over 183 million people, Nigeria is Africa’s largest market. Nigeria is the world’s largest producer of Cassava and the fourth largest producer of groundnut. Also, Nigeria is the fourth largest cocoa producer in the world with an output of 235,000 metric tonnes per season.
Nigeria has a long-standing agricultural tradition and is well known for its abundant fertile lands and perfect weather conditions for a variety of crops.
Agriculture is of great socio-economic importance to Nigeria and one of its main engines for economic growth as it accounts for over 22 percent of Nigeria’s GDP.