RECOVERY FROM ECONOMIC RECESSION AND AGRIBUSINESS PRODUCTIVITY NEXUS IN NIGERIA
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Nigeria has been experiencing a biting economic recession, recording negative GDP growth rates in
several quarters consecutively. The current economic recession has been attribu.ed to poor economic
planning by the past government, wastages, corruption, lack of policy direction, among other causes.
The fact that the current recession is also accompanied by inflation has made it a very difficult
situation to tackle. This paper has argued the potency of Agribusiness as an antidote to Nigeria's
economic recession. Agribusiness has the capacity to absorb a large percentage of the unemployed
and the underemployed, leading to increased growth, a prerequisite for exiting recession.
Keywords
TP Chemical technology