JAMB - Economics (2014 - No. 27)
An important role of agriculture in Nigeria's economic development is the
processing of raw materials for industries
regulation of price system
provision of infrastructure
provision of employment
Explanation
The contribution of agriculture to economic growth and development lies in providing food to expanding population, increasing the demand for industrial products, providing local foreign exchange earnings for the import of capital goods, increasing social income, providing productive employment and improving welfare of farmers
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