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Agriculture

Economic and Financial Review

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Agricultural Subsidy

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Refocusing Agricultural Subsidy For Food Security In Nigeria, Sulaiman A. Yusuf Dec 2021

Refocusing Agricultural Subsidy For Food Security In Nigeria, Sulaiman A. Yusuf

Economic and Financial Review

Food security has remained a key human right-related issue and ranks second only to poverty on the Sustainable Development Goals (SDGs). The objectives of this paper are to identify the gaps in agriculture subsidy regime; and to identify options for refocusing of the subsidy regime to improve food security.

Following the introduction, section 2 explores the nexus of agricultural subsidy and food security, while section 3 reviews the agricultural subsidy regime in Nigeria. Section 4 discusses the input-output dimensions of agricultural subsidy in Nigeria, and in section 5, the paper takes a dive into the agricultural subsidies from international perspective. …