Home News Legal Luminary Richard Akinjide Canvass Agriculture as Panacea to Nigeria’s Ailing Economy

Legal Luminary Richard Akinjide Canvass Agriculture as Panacea to Nigeria’s Ailing Economy

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By Adeola Oladele, Ibadan

A legal luminary and former Minister of Justice, Chief Richard Akinjide (SAN), has urged Nigerians to see agriculture as a better alternative to oil in the resuscitation of the country’s ailing economy.

Akinjide stated this on Tuesday, while delivering a lecture at the 2015 Press Week of the Nigeria Union of Journalists (NUJ) on the theme: “Nigeria Beyond Petroleum Oil,” held at the union’s centre, Iyaganku, Ibadan.

The legal icon noted that agriculture remained the largest employer of labour, hence the need for individuals and government at all levels to encourage agriculture in a bid to revamp the dwindling economic fortune of Nigeria.

He noted that the current economic challenges was an opportunity for government to urgently diversify the economy and break the monopoly of oil, adding that it would also be an opportunity to explore other areas like agriculture and solid minerals.

Akinjide further maintained that the time has come for government at all levels to come up with value-adding agriculture to re-engineer the socio-political and economic structures of the country.

He called for the revamping of the agricultural sector, which has been neglected for a long time, adding that it would enhance food security, reduce importation of food to the country.

“We must have alternatives. No nation can arrive on one’s commodity. The price of oil and gas now dictates the state of our economy. Our critical product before was agriculture. We must go back to that in a big way,” Akinjide admonished.

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