Feeding 398 million people in Africa's largest economy by 2050

28/01/19

Feeding Nigeria's current and future population is a critical challenge

Feeding Nigeria's current and future population is a critical challenge. This challenge necessitates the adoption and application of innovations to agriculture so as to make the sector more competitive and sustainable. Boosting economic growth in agriculture is a function of three factors: farmland expansion, yield growth and reduction in post-harvest losses.

Adoption of innovative systems, technologies and products within the sector can improve agricultural productivity; increase the supply of food output; aid local farmers to produce cheaper and more accessible products; as well as reduce post-harvest losses and enhance storage capabilities for small-holder farmers. Advances in innovations and technologies are key to the future of agriculture, as farmers strive to feed the world with limited natural resources. Some of the current innovations include:

  • Development of continent-wide digital soil maps for sub-Saharan Africa
  • Licensed indoor vegetable farm in Singapore
  • Integrated aquaponic farm (which uses up to 95% less water than traditional horticulture farming) in the United Kingdom
  • Solar-powered energy to grow tomatoes in Australia
  • Over US$165 million South African drone industry (a key component of precision agriculture)

 

Contact us

Andrew S. Nevin

Andrew S. Nevin

Partner & Chief Economist, PwC Nigeria

Tel: +234 1 271 1700

Taiwo Oyaniran

Taiwo Oyaniran

Associate Director, PwC Nigeria

Tel: +234 (0) 1 271 1700

Omomia Omosomi

Omomia Omosomi

Manager, PwC Nigeria

Tel: +234 2711700

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