Agriculture

Agric Turnover Hits ₦101.46tr on Investment Boost

Nigeria’s agriculture sector recorded a turnover of N101.46tn in 2025, up from N96.46tn in 2024, as annual real growth rose to 2.92 per cent from 1.69 per cent, based on an improved investment drive, The PUNCH reports.

The National Bureau of Statistics’ Gross Domestic Product figures for the full year 2025 showed a 5.18 per cent increase in the sector’s nominal contribution to GDP year-on-year, reflecting what stakeholders believe is driven by renewed investor interest amid favourable government policies, including importation waivers.

A breakdown of the 2025 performance showed that crop production led the sector with N64.41tn, livestock contributed N25.66tn, forestry generated N6.47tn, while fishing accounted for N4.92tn, bringing total turnover to N101.46tn.

In 2024, crop production stood at N61.92tn, livestock at N24.80tn, forestry at N5.28tn, and fishing at N4.46tn, with the sector posting a total turnover of N96.46tn.

The sector grew by 4.00 per cent year-on-year in real terms in the fourth quarter of 2025, higher than the 2.54 per cent recorded in the corresponding period of 2024, and contributed 27.55 per cent to aggregate GDP for the year.

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