Panelists at the Agriculture Summit Africa sponsored by Sterling Bank Plc, in Abuja on Thursday. Twitter photoThe Senior Agriculture Economist, World Bank, Dr.
Adetunji Oredipe, on Thursday said the neglect of the agriculture sector when Nigeria’s economy became increasingly dependent on oil has proved to be both a “disaster and calamity.”
Oredipe said this while delivering a keynote address at the Agriculture Summit Africa sponsored by Sterling Bank Plc, held in Abuja. Painting a picture of the country’s agriculture sector, the World Bank Agric Economist said that Nigeria is now one of the largest food importers in the world. He said the decision to spend $655m on fish importation seems financially irresponsible, given all the marine resources, rivers, lakes, and creeks in Nigeria.“Nigeria is tragically is living on borrowed time, a typical case of robbing Paul to pay Peter.
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