The Export Brief The Export Brief 2 | Page 11

increase of roughly 470,000 metric tons only, in over four decades. In fact, Nigeria currently imports over 400, 000 metric tons of palm oil to meet local demand. In the area of groundnuts, from production output between 1-2 million metric tons as far back as 1971, in 2018, total production is estimated at three million metric tons (an increase of just one million metric tons in over four decades). Almost every other export crop in Nigeria has followed the same production pattern or worse. It might be necessary to contrast Nigeria‘s performance with another. Cote d‘Ivoire gained Independence in 1960, same as Nigeria. At independence, that nation‘s cocoa production was half that of Nigeria. However, by 1971, Cote d‘Ivoire had more than doubled its 1960 production levels and by 1974, had surpassed Nigeria in the production of cocoa and it became the world‘s leading producer of cocoa in 1977/78. It has since maintained that position. In 1960, Cote d‘Ivoire produced less than 20,000 metric tons of palm oil (30 times less than Nigeria). As of today, Cote d‘Ivoire is acknowledged as the only country in West Africa with an exportable surplus of palm oil. These figures are merely to paint a clear picture of the state of the agriculture sector in Nigeria. Clearly, whatever we‘ve been doing to ―grow‖ this sector (and other non-oil sectors) in Nigeria has not worked. The problem with Nigeria‘s economy The dominance of crude oil and petroleum as the mainstay of the country‘s economy has been discussed and deliberated widely. In actual fact, the decline of Nigeria‘s agricultural sector can be traced directly back to the discovery of crude oil and the growth of the oil industry. Before its independence, farming for exports was the mainstay of colonial Nigeria. After independence, the government slowly began to prioritize oil production and virtually abandoned agriculture and other non-oil sectors. It was not until the mid-seventies when the negative consequences of its policies began to set in, that the government decided to take corrective measures. ―Operation feed the nation‖ and later, ―the green revolution‖ all proved futile as a means to boost agricultural production. The people