International Journal of Agricultural Policy and Research
Vol.7 (3), pp. 70-79, April 2019
Available online at https://www.journalissues.org/IJAPR/
Author(s) retain the copyright of this article. Author(s) agree that this article remain permanently open access under the terms of the Creative Commons Attribution License 4.0 International License.
A review of the Nigerian agricultural promotion policy (2016-2020): Implications for entrepreneurship in the agribusiness sector
Odunze Daisy Ifeoma
Centre for Sustainable Agriculture and Rural Development, University of Free State, South Africa.
Author’s Email: daisydonze(at)yahoo.com
Several agricultural policies have been enacted and implemented over the decades in Nigeria, but the agricultural sector is yet to maximize its potential and bring about the desired development to the nation. The current policy known as the Agricultural Promotion Policy (APP) is expected to unlock the sectors potentials, reduce dependence on crude oil export and ignite the growth of the Nigerian economy. This study reviewed the APP on its implications for entrepreneurship in the sector. Entrepreneurship is viewed by many as a vehicle for growth of any economy and policies have the capacity to drive or hinder entrepreneurship in any sector. The review of the APP shows that the policy recognizes inherent constraints which have a bearing on entrepreneurship in the sector and goes to great lengths to provide clear policies on how to tackle each of them. The policy prioritizes partnership with the private sector and liberalization of the agricultural input and output markets, is gender and age-sensitive, and recognizes the need for infrastructural development especially in rural areas to create an enabling environment for entrepreneurial opportunities amongst other issues. It was concluded that the policy if properly implemented will promote entrepreneurship in the sector.
Key words: Policy, entrepreneurship, productivity, agribusiness, value chain