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| Prosperity through Agribusiness Development |
Orji, Eze
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Abstract:
This paper advocates for mass agrarian revolution in Nigeria with total modernization and commercialization. This will be based on small-scale farmers' Comprehensive Community Co-operative (CCC), as part of Organized Grassroots Capitalism (OGC). This will ensure prosperity for Nigerians who are peasant farmers. In Nigeria, there should be a renewed focus on growing the non-oil and gas sector of the economy and the Agro-industry should experience a renaissance with dedicated government policies geared towards encouraging farmers and investors which will bring about increase in the contribution of the sector to the GDP. Corruption has kept low Nigerians socio-economic expectations. This in turn has made it impossible for consumer and capital goods industries in black African countries to become large-scale or to attain potentially attainable production levels as they benefit from economies of scale. Africa and indeed Nigeria in particular must turn to agri-business for mass mobilization and rapid socio-political and economic growth and advancement as advocated in utilitarian theory which enhances self-development and prosperity via entrepreneurship spirit among the citizenry.
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