The Export Brief 1 | Page 15

Clearly, agricultural production needs to be increased, and this needs to happen through upgraded productivity rather than through bringing additional land under cultivation. A first step to achieving upgraded productivity is addressing these three afore-mentioned areas. Considering the huge gaps that already exist in these areas, the quantum of investment needed can add a significant number of new jobs to the economy. And that’s in the upstream sub-sector alone. Going downstream, one major challenge in Nigeria’s agriculture sector is food loss and food waste. It is estimated that we lose up to 40% of post-harvest output due to inadequate processing, storage and transportation facilities particularly in the rural areas where majority of the farming activities in Nigeria happens. 15 The Export Brief | MAY 2018 | IEOM-NG.ORG There’s a whole lot more activities that are needed in the downstream sector to ensure a well-functioning agribusiness sector. However, just addressing these areas already mentioned can help this country drive massive job creation, reduce unemployment significantly and lift the economy. Adjacent to both upstream and downstream activities, there are opportunities in research and development, construction, analytics, data management among other things. These are indire