FACTS ON AGRICULTURE IN NIGERIA Research institutes (including agriculture, forestry, fisheries and veterinary) 15 Federal colleges of agriculture 13 Rural management training institute 1 Agricultural mechanisation 1 Research and development centre 1 Major crops: production in metric tonnes (2006) Cocoa (production raised to 600,000), palm oil (209,200), rubber (259,600), cotton seed (631,500), cotton lint (536,000), rice (paddy) (4.2 million), coffee (235,000), cassava (39.7 million), cashew nuts (22,000), maize (11.1 million), millet (7.9 million), sorghum (11.2 million), yam (30.3 million), coco yams (2.6 million) and sugar cane (2.4 million). BANKS AND HOTELS Commercial banks There were formerly 89 banks. These were consolidated by December 31 2005 to 25. The total number of standard hotels in 2005 was 1,880. This rose to 1,974 in 2006. Hotels Hotel beds totalled 40,814. The growth rate for hotels and restaurants was 12.91 per cent in 2006. XVII