Nigeria Transforming Agribusiness for Inclusive Recovery, Jobs Creation, and Poverty Reduction : Policy Reforms and Investment Priorities
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 str...
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/693311620697388713/Main-Report http://hdl.handle.net/10986/35589 |
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okr-10986-355892021-05-18T05:11:08Z Nigeria Transforming Agribusiness for Inclusive Recovery, Jobs Creation, and Poverty Reduction : Policy Reforms and Investment Priorities Mghenyi, Elliot W. Dankers, Cora Thurlow, James Anyiro, Chidozie AGRIBUSINESS AGRICULTURAL PRODUCTIVITY JOB CREATION INCLUSIVE GROWTH POVERTY REDUCTION VALUE CHAIN EXPORT COMPETITIVENESS NUTRITION CASHEW VALUE CHAIN RICE VALUE CHAIN CASSAVA VALUE CHAIN POULTRY VALUE CHAIN 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. 2021-05-17T19:02:41Z 2021-05-17T19:02:41Z 2021-04-30 Report http://documents.worldbank.org/curated/en/693311620697388713/Main-Report http://hdl.handle.net/10986/35589 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Agricultural Study Africa Africa Western and Central (AFW) Nigeria |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AGRIBUSINESS AGRICULTURAL PRODUCTIVITY JOB CREATION INCLUSIVE GROWTH POVERTY REDUCTION VALUE CHAIN EXPORT COMPETITIVENESS NUTRITION CASHEW VALUE CHAIN RICE VALUE CHAIN CASSAVA VALUE CHAIN POULTRY VALUE CHAIN |
| spellingShingle |
AGRIBUSINESS AGRICULTURAL PRODUCTIVITY JOB CREATION INCLUSIVE GROWTH POVERTY REDUCTION VALUE CHAIN EXPORT COMPETITIVENESS NUTRITION CASHEW VALUE CHAIN RICE VALUE CHAIN CASSAVA VALUE CHAIN POULTRY VALUE CHAIN Mghenyi, Elliot W. Dankers, Cora Thurlow, James Anyiro, Chidozie Nigeria Transforming Agribusiness for Inclusive Recovery, Jobs Creation, and Poverty Reduction : Policy Reforms and Investment Priorities |
| geographic_facet |
Africa Africa Western and Central (AFW) Nigeria |
| description |
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. |
| format |
Report |
| author |
Mghenyi, Elliot W. Dankers, Cora Thurlow, James Anyiro, Chidozie |
| author_facet |
Mghenyi, Elliot W. Dankers, Cora Thurlow, James Anyiro, Chidozie |
| author_sort |
Mghenyi, Elliot W. |
| title |
Nigeria Transforming Agribusiness for Inclusive Recovery, Jobs Creation, and Poverty Reduction : Policy Reforms and Investment Priorities |
| title_short |
Nigeria Transforming Agribusiness for Inclusive Recovery, Jobs Creation, and Poverty Reduction : Policy Reforms and Investment Priorities |
| title_full |
Nigeria Transforming Agribusiness for Inclusive Recovery, Jobs Creation, and Poverty Reduction : Policy Reforms and Investment Priorities |
| title_fullStr |
Nigeria Transforming Agribusiness for Inclusive Recovery, Jobs Creation, and Poverty Reduction : Policy Reforms and Investment Priorities |
| title_full_unstemmed |
Nigeria Transforming Agribusiness for Inclusive Recovery, Jobs Creation, and Poverty Reduction : Policy Reforms and Investment Priorities |
| title_sort |
nigeria transforming agribusiness for inclusive recovery, jobs creation, and poverty reduction : policy reforms and investment priorities |
| publisher |
World Bank, Washington, DC |
| publishDate |
2021 |
| url |
http://documents.worldbank.org/curated/en/693311620697388713/Main-Report http://hdl.handle.net/10986/35589 |
| _version_ |
1764483389137616896 |