1. A SURVEY OF FUEL HIKE AND ITS IMPLICATIONS ON FOOD PRODUCTION AND SUPPLY IN NIGERIA
BACKGROUND OF THE STUDY: A historical examination of the Nigerian economy and its expansion reveals farming as the primary economic sector and the source of foreign exchange. Agriculture accounted for more than 80% of export profits and salaries in the 1960s, but over time, it contributed for around 65 percent of economic growth.
Agriculture contributed 34 percent of GDP in 1970 and 50 percent of GDP in 2003 (Daramola, 2004). Agriculture currently a...