Central Bank of Nigeria
Agriculture, Agricultural Production, Deregulated Economy
This paper reviews the policy framework for Nigerian agriculture and gauges Its Impact prior to and since the commencement of economic deregulation. It investigates the prospects, analyses the constraints and outlines a feasible strategy for sustaining agricultural growth in a deregulated enabling environment 1he paper notes that in the pe1iod, 1970 to 1982, the deterioration in agricultural performance In Nigeria was the result not only of external shocks and environmental and/or edaphic factors, but of distorted policy pursuits which Created disincentives for farming. However, following attempts .to deregulate the economy with the adoption of the Structural Adjustment Programme in 1986 and the consequent effort to get price Incentives right for agriculture, there was some Improvement in agricultural performance.
CBN Economic and Financial Review
Ojo, M. O.; Balogun, E. D. & Evbuomwan, G. O. (1993). Sustaining Agricultural Production in a Deregulated Economy. CBN Economic and Financial Review. 31(2), 71-86.