Thursday, December 15, 2005

Agriculture: Poor management and degradation costs Nigeria billions each year

According to a report posted on the website of the African Institute for Applied Economics, Nigeria is losing an estimated $3.87 billion each year from declining yields from the agricultural sector degradation of croplands and forest potential.

The report also claims that poor management and degradation of land, rangeland degradation and forest depletion were costing the country at least $3.6 billion each year.