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Showing posts with label GDP. Show all posts
Showing posts with label GDP. Show all posts

Monday, July 18, 2016

Fisheries contribute 1.26% to Africa GDP – Jia

The Deputy Director at the Fisheries and Aquaculture Department of the Food and Agriculture Organisation (FAO), Mr. Jiansan Jia, has disclosed that fisheries contributes 1.2 per cent to Africa’s Gross Domestic Product (GDP), reports NaijaAgroNet.

Jia made this disclosure in his welcome remarks to the side event organised by the African Union Inter African Bureau for Animal Resources (AU-IBAR) and the NEPAD Agency.

NaijaAgroNet gathered that the event was convened at the 32nd FAO Committee on Fisheries, on 14 July in Rome, in order to share the African Union’s agenda on sustainable development and management of small-scale fisheries and aquaculture with the global community.

According to him, fish is a valuable and vital renewable resource which, if managed properly, and could provide huge benefits to both present and future generations.

African aquatic resources, he said, contributes significantly to food and nutritional security, income generation and economic welfare.

“The sector currently contributes 1.26 percent to Africa’s GDP and 6 percent to the continent’s agricultural GDP, but it could contribute so much more,” he declared.

With effective and sustainable management, Jia pointed out that aquatic resources have the potential to make even greater contributions to Africa’s economies and livelihoods.

Equally speaking, the AU-NEPAD Senior Advisor to Rome-based African Ambassadors, Ambassador Haladou Salha said priority actions have been identified.

“To this end, priority actions with clear milestones, indicators and responsibilities of stakeholders have been identified in the Policy Framework and Reform Strategy for Fisheries and Aquaculture in Africa,” he said.

Salha, also pointed out the need to transform fisheries and aquaculture into a more vibrant sector as was reaffirmed by African leaders in the 2014 Malabo Declaration on Accelerated Agricultural Growth and Transformation for Shared Prosperity and Improved Livelihoods.

“It is therefore in support of the goals of the Malabo Declaration, that the Policy Framework and Reform Strategy for Fisheries and Aquaculture in Africa was developed and endorsed by the African Union Heads of State and Government.


For AU-IBAR’s Fisheries and Aquaculture Policy Analyst, Mr. Obinna Anozie, AU-IBAR’s Fisheries and Aquaculture Policy Analyst, presented the continental strategy’s focus on the development and management of small-scale fisheries and the development of aquaculture.

Isaac Oyimah/GEE

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Pix: Dr Hamady Diop (Head of NEPAD’s Natural Resources Governance Programme); Mr Obinna Anozie (AU-IBAR’s Fisheries and Aquaculture Policy Analyst); Ambassador Haladou Salha (AU-NEPAD Senior Advisor to Rome-based African Ambassadors)

Tuesday, March 10, 2015

Agriculture boosts Nigeria Economy with N777 billion


Despite the austerity measures in Nigeria, the Federal Government has said the country’s economy has grown by N777bn, courtesy of the Agricultural Transformation Agenda (ATA), reports NaijaAgroNet.

Honourable Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, made this known at the inauguration of the African Development Bank-assisted Agricultural Transformation Agenda Support Programme Phase I, which held at the International Institute for Tropical Agriculture in Abuja.

The minister told NaijaAgroNet that the total agricultural GDP growth in a period of just three years within 2011-2013 surpass the total collective GDP for the eight-year period of 2000-2008.

“The Agricultural Transformation Agenda has added over N777bn in income to the economy. The agricultural GDP of Nigeria rose from N14tn in 2011 to N15.8tn in 2012 and N16.8tn in 2013. The total agricultural GDP in just three years (2011-2013) was N46.6tn, surpassing the total cumulative GDP for the eight-year period of 2000-2008 of N42tn,” he said.

According to Adesina, it was challenging for Africa to unlock all its capability to produce enough food to feed itself as well as feed the world even though the agriculture potential of Africa is vast.

Chidozie Anibueze/GEE
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Monday, December 24, 2012

The way back to the forest


Data from the Food and Agricultural Organisation (FAO) of the United Nations has shown that Asia-Pacific region, especially China, takes the leading position in the global forest products industry.
The forest industry also grew by 1 to 4 per cent in 2011 as against 2010 which signifies that countries globally are coming out of the recession slowly.
Whereas the new data shows that production of wood-based panels and paper in 2011 was above the pre-crisis levels of 2007 and appears to be growing relatively strong in some regions.
Nigeria records highest deforestation rate
Investigations by NaijaAgroNet revealed that Nigeria is one of the countries on the continent that has the highest rate of deforestation, recording about 2.6 per cent annually. And as at 2004, Nigeria has 693,000 hectares of forest plantations.
Within the time under review for Nigeria had as at 2004, contributed about 1.3 - 3 per cent to the nation’s Gross Domestic Product (GDP) and account for a larger part of domestic energy, food and medicinal supply, which were not fully represented in the formal national statistics.
The increase in deforestation in the country has over the years worsen by livestock grazing, soil erosion, drought, desertification and growing demand for cropland, thus, greatly putting the state of forest of the nation’s under threat.
China leads global forestry business
However, leading the forestry industry is the Asia-Pacific region with China as the world's second largest producer of samnwood after United State of America, thereby overtaking Canada.
Notable is that in 2011 alone, China contributed 11 per cent of the world's sawnwood, 38 per cent of its panels and 26 per cent of its paper, hence it played a key role in the international forest products market, even as the Asian country also claimed the fifth largest importer of paper and paperboard after recording a huge increase in domestic production since 2007.
Also in 2011, China imported forest products worth $43 billion, about N6.79 trillion, accounting for 16 per cent of the global total imports.
The forest product statistics database by the United Nations' agency contains 1.2 million entries and cover production and trade of 52 products, 21 product groups of 245 countries and territories.
Meanwhile the Russian Federation that have the largest forest in the world has experienced decline in industrial round wood export in the last five years. The decline, NaijaAgroNet further gathered stood at about 60 per cent with an increase in sawnwood production by 8 per cent over the same period.
Calls on investors to look into forestry
Meanwhile the International Institute for Environment and Development (IIED) in the last quarter of 2012, said that the investment guideline that was originated from The Forests Dialogue (TFD) on behalf of Growing Forest Partnerships and with the support of IIED, for forest business would give a high return on investment if followed.
In the same vein the IIED forest team head, Duncan Macqueen called on investors to venture into locally controlled forest that it offers triple investment returns and that people depending on forest for survival would have a secured income streams, making it a win-win situation for the investors as well as the forest managers and owners.
A report by the United Nations Environment Programme (UNEP) for the third quarter of 2012 revealed that if about 0.034 per cent of the global Gross Domestic Product (GDP), which amount to about N6.24 trillion is being spent on forest on a yearly basis would give an estimation of 5 million jobs globally and a high return on investment.
UNEP in the report advised that finance can be sourced from both public and private sectors using approach that pay landowners for maintaining the ecosystems.

Yinka Awosanya/LS

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Friday, August 10, 2012

Sustainable Development and Governance in Nigeria


Different nations of the world are to a greater or lesser extent faced with the same constraints and opportunities, and are called with varying degree of urgency to provide individual answers to the common challenges.
No matter the priorities of each country, areas such as education, economics and social development, health and environment still await sustainable solutions. This requires a creative application of democratic principles and practices to tackling both local and national imperatives. Quality governance, with an eye on environmental sustainability is one sure way of, not only solving a country’s priorities, but also achieving the Millennium Development Goals (MDG).
Environmental sustainability is critical because without it, the achievements of the rest of the goals may be short-lived. The fact is that, economics depend, to a large extent, on environmental resources.
Lagos State Governor, Babatunde Fashola
Scared by the unsustainable lifestyle in Nigeria, the Chairman of Nigerian Conservation Foundation (NCF), Chief Philip Asiodu warned that “Economic downturn is nothing compared with a global ecological downturn and the disasters that will come with it.” Thus, if we think this warning by the retired technocrat is alarmist or untimely, then we may have to consider the impact of climate variability on the economy of Kenya; between 1997 and 2001, its Gross Domestic Product (GDP) growth dropped from 4.6 per cent to 0.3 per cent. The key factor is that the downturn leads to inadequate investment in sustainable infrastructure to control floods or store water for use during draught.
The question is, as nations continue to have their fare share of environmental problems like flood, hurricanes, pollutions, droughts to name a few, what is our beloved country putting in place at the Federal, State and local government levels to prevent, or mitigate the threats to the integrity of our ecosystem? While Nigerians are yet to recover from the shock arising from last year flood disaster in Lagos and Ibadan, and a more terrifying flood which claimed over 50 lives and property worth millions of naira just hit Jos, Plateau State. If that level of flooding disaster could happen in Jos, what should we expect in flood-prone areas like Niger, Oyo, Ogun? What should we expect in flood-plagued city of Lagos.
For instance, the Gov. Babatunde Fashola administration in Lagos, is doing his best to clear drainages, but his best is not enough, for some reasons. First, the source of the flood is trans-boundary. The flood from neighboring states of Oyo and Ogun empties into it.
Secondly, there are numerous settlements occupied by the urban poor which lack drainages. Successive administrations in the state has failed to construct a comprehensive drainage system. Thirdly, as a coastal, commercial and civic city, its huge population is overburdening the few available working infrastructure. The encroachment of human settlements unto floodplain areas increases the vulnerability to flood.
If you take a trip to some of the rural communities in Anambra and Edo (North), you will see what erosion has done to the quality of life of the people. In most cases their livelihood, as subsistence farmers, are threatened. It is either the path to their farms, markets, or that of their streams has been taken over by erosion.
In virtually all the eastern states and some south-south states, the soil fertility is gone and their successive state governors have not been concerned about food production like their colleague in the North and West. Consequently, fertilizers have been scarce. It was the newly elected governor Rochas Okorocha of Imo State, who recently commenced the distribution of fertilizers in the state directly to farmers.
The degradation of the environment of oil producing states of the south-south is an old song, yet nothing much have changed in the livelihood of the people in spite of budgetary allocations to the region. Many of these communities are yet to have access to sanitary infrastructure and quality maternal care.
Poverty still pervades across most northern states due to desertification and lack of poverty-oriented policies. Their case is presently worsened by insecurity occasioned by the recent Boko Haram insurgence.
In no distant time, this will adversely impinge on the agricultural productivity of that region. It is sad to note that in most of these Nigerian communities, many of the breadwinners are people on less than $3 dollars a day income. How many of our state governors and local government authorities can boast of projects that are environmentally sustainable. Housing estates and market projects in state capitals are often showcased by many governors. Yet, they are offered to citizens at unsustainable prices. Some states have built schools and even some Federal government MDG schools are situated in flood plains, thereby making such projects unsustainable.
If the searchlight is turned to the government at the centre, the picture is that of contradictions. Too many environmental agencies, yet no action. Too many environment summits and conferences, yet little technical capacity. Too much efforts towards aforestation, yet making Kerosene unaffordable. Too much talk on power sector reforms, and advocacy for energy efficiency, yet inappropriate pricing and non-availability of power. Too much grants received, and budgetary allocations appropriated, yet no funds released to execute sustainable projects.
Good governance entails the awareness by those in power of possible ecological and sociological breakdowns, putting in place ways and means of minimizing their effects. It also entails their monitoring to ensure the adoption of Clean Development Mechanisms (CDM) by private sector concerns in their domains.
Sustainable development, therefore, depends largely on the quality of governance and political will. There is a compelling need to mobilize the required political will at all levels of government. It is also necessary to mobilize all relevant stakeholders in the work.
As Borge Brend, the former Nowegian Minister of Environment aptly puts it, “Developing countries need to assign priorities, draw up strategies, invest in human resources, and implement poverty oriented policies. Good governance (That is, anti-corruption policies), democracy building, and respect for human rights are crucial to combat poverty and to make development sustainable.”


MacDenis Igbo
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