Related Keywords: agricultural sector, agricultural transformation agenda, ATA, cotton, cotton production, GES, growth enhancement support scheme, major component of GDP, Nigerias major export commodity, revive textile industry, West African Cotton Company
Cotton was one of Nigeria’s major export commodities and formed a major component of the gross domestic product (GDP). The collapse of agriculture as a result of the discovery of oil subsequently led to the collapse of various commodities in the nation’s agricultural sector, including cotton, thereby leading to a near collapse of the economic value of cotton and the sector as a whole.
