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Abstract
Nigerian policies have tended to support foreign investment since national independence, but agriculture has attracted little foreign capital. The Government favors private ownership, but it accepted a large role in agriculture. The response to a declining agricultural sector and a recent decline in export earnings from petroleum has been an array of programs directed toward enhancing foreign and private agricultural investment opportunities. Most of these programs have limited potential to improve agricultural productivity at the national level, although effects of import bans and currency devaluation will be extensive.