TO GET THE COMPLETE JOURNAL/THESIS FOR TOPIC BELOW,
CALL: 08168759420, 08068231953
WHATSAPP: 08137701720
ECONOMIC RECESSION AND AGRICULTURAL SECTOR IN NIGERIA: CAUSES, EFFECTS AND THE WAY FORWARD
A B S T R A C T
The paper found that amongst Farmers, Causes, Effect, food the causes of economic recession are; over-dependence on crude oil, insecurity, GDP and Forward neglect of agricultural sector, over importation of finished goods and farmers/herdsmen conflicts. In like manner, amongst the effects of economic recession on agricultural sector were that recession; encouraged many people to go back to farming, led to job losses, led to food insecurity and increased price of goods and services. In conclusion, the paper showed that economic recession is not desirable and therefore suggested that some stringent measures to avert recession include; large scale farming in order to increase agricultural production and boost GDP. Also, there should be an increase in budgetary allocation to the agricultural sector in order to increase export of agricultural produce and hence economic growth.
Keywords:
Economic Recession, Agricultural, collected data from secondary materials.