Sunday Ilori
In recent time, it is a known fact that there is a sharp decline in revenues accruing from oil sales, globally. Nigeria is no exception, and has been affected, as a member of the Organisation of Petroleum Exporting Countries (OPEC). The negative trend has affected the monthly allocation from the Federation Account to all tiers of government.
As a way of remaining afloat, the federal and state governments have devised other means of generating revenues for the day-to-day running of the government. The governments, at all levels, individuals and corporate organisations, have divested into agricultural business as a tested, viable and reliable sector to bridge the yawning gap in relation to the hitherto over-reliance on oil proceeds for survival. On account of its dominant role, agriculture is a key player in poverty reduction and job creation.