THE PROBLEM ENHANCING STRATEGIC COMPETITIVENESS OF DEVELOPING AGRIBUSINESS IN NIGERIA

This paper describes the problem facing the Nigerian agricultural production, the basic and fundamental reasons why the government has failed to realize and address the failure in the sector. Though agricultural program was finalized in 1988 and new policy was released in 2001 but still accommodates the policies of the old one. Which means the policies was on the right direction. Still little or no effect has been made in the sector. Currently, however, many important questions about the goals, objectives, reforms, and ways to achieve them, tactics and strategies of development of agribusiness, the location of bodies, state powerand administration in place of socio- economic processes and others are debatable. Agribusiness development is a large constrained combination of factors: unfavorable to microeconomic conditions, inadequate legal basis of functioning on enterprises and their relationships with each other and the state, lack of comprehensive scientific research in this field of knowledge that are acceptable in a transition economy. This paper will serve as the brain and evaluation of the problems and the strategies required to revive the sector. Agriculture is vast and the most important sector of the Nigeria economy engaging about 70% of the labor force, the sector has not been exploited to the fullness and that is why the country cannot compete with other countries in the world even with 95% of the land cultivable. As economic activity, agriculture can be the source of growth for national economy provider of investment opportunities for private sector and a prime diver of agriculture related industries and the rural nonfarm economy.