Skip to main content

Posts

Showing posts from December, 2015

The Implications of Received Economic Development Theories on the Role of Agriculture Sector in Sustaining Economic Development in Nigeria

It is an all known fact that agriculture sector holds or has held strong places in economic development history of most countries of the world. This is regardless of whether it is a developing or a developed country. We shall be making references to the economic implications of previously implemented received or orthodox economic development theories on the role agriculture sector have played and can play in achieving sustainable economic development in Nigeria. The various economic development theories implemented in Nigeria from the pre-colonial era down through the colonial and subsequently after the political independence era have different origins. This fact points to the reason why the theories worked in developed countries such as Britain, United State of America etc. The theories propounded and implemented were related to circumstances peculiar and unique to the economic environment of these countries. This is why received or adopted theories will never (as we