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•As farmers, investors lack reliable information
By Cynthia Alo
A new study by the Nigeria Agribusiness Data and Investment Hub (NADIH), an initiative of Lagos Business School in partnership with Augmentum Advisory, has revealed that although government institutions control about 70 percent of agricultural datasets in Nigeria, much of the information is outdated and inadequate for farmers, investors and policymakers.
The findings were unveiled in Lagos, during the formal launch of the Nigeria Agribusiness Data and Investment Forum with the theme, “Building Decision-Grade Agriculture Data Systems in Nigeria: From Fragmentation to Coordination.”
Presenting the findings, the research team said fragmentation across institutions has weakened Nigeria’s ability to generate quality information needed for investment and policy decisions.
The report identified inadequate funding and manpower as major constraints to data collection, accounting for 56 percent of the challenges faced by data providers.
“No single source can anchor ongoing sustainability. As such, blended models
