Live Covid-19
United States 100,863,106
Cases: 100,863,106
Deaths: 1,106,860
Recovered: 98,283,998
Active: 1,472,248
India 44,674,667
Cases: 44,674,667
Deaths: 530,630
Recovered: 44,138,554
Active: 5,483
France 38,067,974
Cases: 38,067,974
Deaths: 159,093
Recovered: 36,974,097
Active: 934,784
Germany 36,557,861
Cases: 36,557,861
Deaths: 158,198
Recovered: 35,913,000
Active: 486,663
Brazil 35,408,852
Cases: 35,408,852
Deaths: 690,231
Recovered: 34,262,104
Active: 456,517
South Korea 27,331,250
Cases: 27,331,250
Deaths: 30,769
Recovered: 26,382,172
Active: 918,309
Japan 25,220,452
Cases: 25,220,452
Deaths: 50,344
Recovered: 20,754,250
Active: 4,415,858
Italy 24,488,080
Cases: 24,488,080
Deaths: 181,733
Recovered: 23,799,178
Active: 507,169
United Kingdom 24,024,746
Cases: 24,024,746
Deaths: 197,253
Recovered: 23,754,601
Active: 72,892
Russia 21,617,601
Cases: 21,617,601
Deaths: 392,231
Recovered: 21,018,980
Active: 206,390
Turkey 17,005,537
Cases: 17,005,537
Deaths: 101,400
Recovered: –
Active: 16,904,137
Spain 13,614,807
Cases: 13,614,807
Deaths: 116,108
Recovered: 13,403,322
Active: 95,377
Vietnam 11,517,722
Cases: 11,517,722
Deaths: 43,177
Recovered: 10,608,922
Active: 865,623
Australia 10,754,429
Cases: 10,754,429
Deaths: 16,244
Recovered: 10,546,102
Active: 192,083
Argentina 9,739,856
Cases: 9,739,856
Deaths: 130,034
Recovered: 9,590,198
Active: 19,624
Netherlands 8,544,770
Cases: 8,544,770
Deaths: 22,920
Recovered: 8,498,809
Active: 23,041
Taiwan 8,369,226
Cases: 8,369,226
Deaths: 14,478
Recovered: 8,036,406
Active: 318,342
Iran 7,559,855
Cases: 7,559,855
Deaths: 144,640
Recovered: 7,335,301
Active: 79,914
Mexico 7,132,792
Cases: 7,132,792
Deaths: 330,525
Recovered: 6,400,759
Active: 401,508
Indonesia 6,680,203
Cases: 6,680,203
Deaths: 159,978
Recovered: 6,469,238
Active: 50,987
Poland 6,354,402
Cases: 6,354,402
Deaths: 118,340
Recovered: 5,335,940
Active: 900,122
Colombia 6,318,021
Cases: 6,318,021
Deaths: 141,911
Recovered: 6,142,640
Active: 33,470
Austria 5,576,695
Cases: 5,576,695
Deaths: 21,232
Recovered: 5,508,210
Active: 47,253
Portugal 5,546,290
Cases: 5,546,290
Deaths: 25,517
Recovered: 5,500,769
Active: 20,004
Greece 5,404,690
Cases: 5,404,690
Deaths: 34,309
Recovered: 5,338,821
Active: 31,560
Ukraine 5,341,284
Cases: 5,341,284
Deaths: 110,586
Recovered: 5,216,858
Active: 13,840
Malaysia 5,000,332
Cases: 5,000,332
Deaths: 36,713
Recovered: 4,941,114
Active: 22,505
Chile 4,937,047
Cases: 4,937,047
Deaths: 62,571
Recovered: 4,858,162
Active: 16,314
North Korea 4,772,813
Cases: 4,772,813
Deaths: 74
Recovered: 4,772,739
Active: 0
Israel 4,727,322
Cases: 4,727,322
Deaths: 11,878
Recovered: 4,704,016
Active: 11,428

Investment in Agro-Allied Industry: A Quantum Leap into Diversification of Nigerian Economy

Investment in Agro-Allied Industry: A Quantum Leap into Diversification of Nigerian Economy

ABSTRACT

Excitedly, economic diversification has been the subject matter of numerous plans and initiatives of the Federal Government of Nigeria (FGN) since the fall in crude oil prices. Promoting agro-allied industrialization is an effective strategy to realizing the Agenda 2030 and Agenda 2063. In this regard, financing agro-allied industrialization, creating conducive business environment, building value chains, using technology and innovation, and promoting more equitable capabilities and opportunities for greater growth are vital to achieving productive employment and reduction in poverty and inequalities. The reason why agro-allied industry is not thriving in Nigeria is because of the caliber of people in government. Some of the constraints hindering the operations of agro-allied industries were discussed. Why investing in agro-allied industries is a quantum leap into diversification of Nigerian economy was discussed by reviewing existing literature. The objective of the study was to ascertain how the weak linkages between agriculture and agro-allied industries can be strengthened for economic diversification and to achieve this objective, the study reviewed existing literature. The study concludes that investing in agro-allied industries will not only add value to our agric-products but it is also a sector in which the economy should be diversified. The study also recommends that in order to diversify the base of the Nigerian economy and widen the market for agricultural commodities to absorb the expected increase in production, there is need to invest and promote the export of these agricultural and agro-industrial products.

Keywords: Agro-Allied Industry; Diversification; Nigerian Economy; Agric-Products

AUTHORSHIP
Anene, Johnson I., PhD1; Virginia Anulika Obi, PhD2; and Josephine Ivoma Orga, PhD3

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