Nigeria is a multinational state inhabited by more than 250 ethnic groups speaking 500 distinct languages, all identifying with a wide variety of cultures.

Nigeria is the largest economy in Africa. It is projected to rank among the world's top ten economies by 2050. Nigeria has an abundance of resources including oil and gas. The Country holds the largest natural gas reserves on the continent, and is Africa's largest oil and gas producer.

Nigeria is blessed with large tracts of arable land which makes agriculture an important sector of the economy with high potential for employment generation, food security and poverty reduction. Although the sector was largely dominated by subsistence farming, with improved seedlings, modern farming methods and better weather forecasting, agricultural yields have continued to grow.

These improvements have been driven by government policies which are aimed at encouraging more commercial and mechanized farming. These policies leverage Nigeria’s agricultural ecosystem to transform the country into a leading agribusiness and agro-allied industrial nation.

Agricultural sector contributes 25% of Nigeria’s Gross Domestic Product (GDP) and accounts for 48% ofthe labour force. The sector’s growth rate over the last 5 years averaged 4%. Crop production dominates the sector, accounting for 22.6% of GDP alongside livestock (1.7%), fisheries (0.5%) and forestry (0.3%).

Nigeria’s agricultural zones, which stretch from the tropical savanna in the north to the coastal rainforest in the south, and the mangrove of the Niger-delta complemented by tropical and semi-temperate weather prevalent across the country, promote the cultivation of a wide variety of agricultural produce from exotic fruits, vegetables, tree crops to root crops. Towards maximizing this nature’s gift, government has mapped-out soil characteristics across the country and provides detailed daily report on prevailing weather conditions.

Source: Nigerian Investment Promotion Commission