Nigeria’s agricultural sector experienced substantial growth in 2024, with its total value reaching ₦4.44 trillion up from ₦1.24 trillion in 2023.
Between January and February 2022, the apex bank also disbursed N19.15 billion to finance 5 large-scale agricultural projects.
Although crude oil accounts for the larger part of Nigeria's export earnings with 66.38%, agriculture still remains the base of Nigeria’s economy.
Nigeria recorded a massive 74% drop in exports of Cashew Nuts in Shell according to the third quarter foreign trade report of the National Bureau of Statistics.
Data from NBS indicate that Sesamum seed is the leading agricultural export product in Nigeria for the first quarter ofQ1 2018.
Latest data from the National Bureau of Statistics list cashew nuts as the top of the most exported...
