An agricultural economist, Olubunmi Akanbi, has called for urgent reforms in Nigeria’s agricultural sector, warning that sustainable food security is central to the country’s long-term economic resilience.
Delivering her remarks recently at the convocation ceremony of the University of Abuja, Akanbi stressed that strong agricultural policies are essential to stabilising the nation’s economy, citing evidence of the sector’s significant contribution to gross domestic product growth.
She, however, expressed concern over persistent challenges affecting food production, particularly insecurity in rural farming communities, which continues to disrupt agricultural activities.
“Insecurity in farming areas remains a major obstacle to productivity,” she said, noting that many farmers are unable to cultivate their land safely.
Akanbi also identified rising inflation and exchange rate instability as critical pressures driving up the cost of farm inputs and limiting expansion for local producers.
To address these issues, she advocated a shift in government spending priorities toward targeted investments in mechanisation, irrigation systems, and improved seed technologies.
“We must move from broad, unfocused spending to strategic investments that directly boost yields and guarantee food supply,” she stated.
The economist further emphasised the need to strengthen rural security to restore farmers’ confidence and encourage increased participation in agriculture.
Beyond production, Akanbi highlighted the importance of building robust post-harvest systems, including storage, processing, and transportation infrastructure.
“Such investments are crucial for minimising post-harvest losses and stabilising market prices,” she added.
She also called for a more coordinated and data-driven approach to policymaking, arguing that timely and informed decisions are necessary to tackle emerging challenges in the sector.
Concluding her remarks, Akanbi underscored the broader implications of food security for national development.
“Ultimately, food security is economic security. A nation that cannot feed its people risks inflation, unemployment, and social instability,” she noted.
She expressed optimism that with the right mix of policies and sustained commitment, Nigeria can build a resilient food system and achieve stronger economic growth.