Sunday, 17 September 2017

SAVE OR INVEST?


Time past in Nigeria, before the 60s Agricultural sector was the sector that produced the main sources of employment, income and foreign exchange earnings for the country, Unfortunately, the discovery of crude oil in the late 60s accompanied by world recognition for the commodity which brought about the huge financial benefits, made the leaders of the country shift their attention away from Agriculture and rely on importation of food in feeding her citizens. Agriculture, the rearing of animals and growing of crops to meet the needs of man and industries i.e. food and raw materials respectively, remains an important component in the plans of any developing nation’s economy. The role of agriculture towards economic development and it's sustainability cannot be overemphasized. A nation like Nigeria that ignored the free gift of agriculture for other industry or industries that are temporary such as the oil industry which is currently at the verge of becoming obsolete globally, will definitely see the need to run back to the ever booming agro-industry, if not immediately, but surely the time will come.


Ever since the unfair judgment was passed against the agro-sector to oil sector by the Nigeria government, till date agriculture in Nigeria suffers some major setbacks which include; poor agro-processing infrastructures/facilities, unguaranteed credit facilities, poor rural infrastructures, under equipped research institutes, juvenile Extension services as well as insufficient Extension agents amidst others, these together may lead to creation of further problems such as; low out-put rate of food, creeping adopting pattern of innovation as a result of under employed extension agents who are in position to relate any agricultural breakthrough (innovations) directly to the farmers, malnutrition etc. 

Over the years due to the down turn in the price of crude oil there has been series of call for the private and government to go back to farming as it is a major option to develop the country's economy. A call to farm is a good call, undisputed, but call to farm without necessary facilities and equipment is a joke. To farm and feed a nation is not an issue of hoes and cutlasses any more. Yes it is good to farm to your ability. But when talking about farming to revitalize our economy we should focus on mechanized farming, facilities ranging from storage to processing should be provided.




While piling up figures of money somewhere when there is an opportunity to multiply it?
There are different aspect (production, processing, storage,marketing etc) one can venture in agriculture and make a fortune within a short period. The bottom point is this, piled up money can only make you feel financially secure for a moment but when invested it gives you a constant assurance and as well create smile in the faces of other who you will produce for.
Thinking about investing in agriculture, you need guide and qualified agricultural experts? Contact Surextdeal.blogspot.com and be assured of quality services.

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Mail: Surextdeal@gmail.com

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