"Nigeria now exports more than it imports"

The Minister of Agriculture, Chief Audu Ogbeh, says Nigeria has transformed from import-based to highly export-driven nation due to the strides made in agriculture.

Ogbeh stated this while briefing state House correspondents on the outcome of the National Economic Council meeting presided over by Vice President, Yemi Osinbajo.
He said that his ministry briefed NEC on the progress made in the agriculture sector where virtually every state had keyed into the Federal Government agricultural revolution agenda in which it realised 35 million dollars in 2017 from export of hibiscus flower produced in Jigawa alone.

Ogbeh said: “We just did a review of progress made in agriculture so far, a presentation by our ministry on the efforts we have been making and the contribution of agriculture to GDP.

“The job creation exercise; the reduction in imports and the fact that in the last one year and half agricultural exports have grown by 150 per cent.

“We are finally a nation that imports less than we export. That has not been the case for nearly three decades.

“So we now export more than we import which is why the foreign reserve is getting healthier by the week.’’

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