Investor Presentaiton

The Nigerian Agric sector is one of the sectors with significant investment opportunities FirstBank Since 1894 Overview of the Nigerian Economy A The sector's growth rate over the last 5 years averaged 4%. Crop production dominates the sector, accounting for 21.8% of GDP alongside livestock (1.4%), fisheries (1.1%) and forestry (0.2%). B ■ Agriculture remains the largest sector in Nigeria contributing an average of 24% to the nation's GDP and employs more than 36% of the country's labour force, a feat which ranks the sector as the largest employer of labour in the country. C Strong collaboration between the public and private sector has set Nigeria on a path to build an agribusiness economy capable of delivering sustained prosperity by meeting domestic food security goals, generating exports, and supporting sustainable income and job growth. D ◉ XXOO Enabling policies such as: pioneer status incentives, zero import duty for import of agricultural equipment and agro-processing equipment, VAT exemption amongst others make the sector particularly attractive to investors

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