Agriculture[vc_row][vc_column][eovo_advanced_image title=”Agriculture” image=”4831″][ultimate_spacer height=”20″][vc_column_text]Nigeria is a resource rich, extremely fertile land with over 82 million hectares of arable land.
Before turning to oil in the 1960s, Nigeria was one of the most promising agricultural producers in the world. Between 1962 and 1968, the export of crops was the country’s main foreign exchange earner. The country was number one globally in palm oil exports, and exported 47 percent of all groundnuts, putting it ahead of the US and Argentina.
The country’s agricultural products fall into two main groups: food crops produced for home consumption, and exports. Major crops include beans, cassava and palm oil. Agricultural holdings are small and scattered, and farming is carried out with simple tools. While large-scale agriculture is not yet commonplace, agriculture still holds significant relevance and prospects for the future, maintaining a respectable 32% contribution to the country’s GDP (as at 2001).
At PANA Holdings we try to maintain an open eye for both the traditional economy drivers of the country, as well as the for the baton holders of the future economy drivers. The agricultural sector still accounting for a major portion of the economy today offers a wide arena for improvement and expansion. Our contribution is encompassing the procurement of modern irrigation systems and additives that will enable the optimization of productions output.[/vc_column_text][/vc_column][/vc_row]