INTRODUCTION
1.1 Background
Information
Agriculture
is the bedrock of economic growth, development and poverty eradication in the
developing countries. Agriculture has also regard as the engine and panacea to
the economic prosperity. Gunner Mydral (1984), the battle for long-term
economic growth will be won or lost in the agricultural sector. However, how
this path leads to economic prosperity is still subject to debate among
development specialist and economists.
Nigerian
economy in the past decades strives on the agricultural sector. The sector is
reputed as the mainstay of the economy in the early 1960’s. It is seen as the
key driver for growth and development. In fact, to further buttress the pivotal
role the sector plays in the Nigerian economy, the agricultural sector plays in
the Nigerian economy, the agricultural sector ids part of the millennium
development goals programs of poverty reduction in Nigeria. In most developing
countries (low and middle-income countries), the agricultural sector remains,
the largest contributor providing inputs, food, employment opportunities,
raw-materials for other industries, provision of foreign earnings from
exportation of the surpluses and more importantly the enormous advantage of the
valve added in the various production process (Izuchukwu, 2011).
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