Education Reforms for Agricultural Prosperity and Wealth Accumulation: Commercialisation Potential of Select Crop and Resource Economics Auditing Concerns

Abstract

Even though Nigeria has a high poverty rate, it still has a higher GDP in  comparison to other countries of Africa despite the country Nigeria till now, trailing behind Western economies. Today, almost after more than fifty years post-gaining independence, Nigeria – giant of Africa should, compete with economies of the world rather than just continental economies of 
Africa. The country is rich in natural resources and has identified the fact that taking appropriate measures can speed its economic development. In lieu and with this foresight, it crafted the vision 20-20-20 program. This program aims to make Nigeria one of the twenty largest world economies by the year 2020. The seven points in the 20-20-20 program are: power and 
energy, food security and agriculture, wealth creation and employment, mass transportation, land reforms security and functional education. Post 20-20-20 program, Nigeria is yet to become a developed nation. The purpose of this paper is to provide detailed review of literature and careful analysis of historical data and current data for the need in speeding up 
Nigeria’s economic growth through agricultural investment, education reforms and resource economics auditing. This study recommends  Nigeria’s successful linking of agricultural output and the growth in GDP over periods of time whilst engaging stakeholders for the realization of a sustainably developed Africa, critical agricultural development and expansion.