Role Of Agriculture In Economic Growth And Poverty Reduction In Nigeria
ABSTRACT
The purpose of the study was to
determine the role of agriculture in economic growth and poverty reduction in
Nigeria. The data used were collected from the statistical bulletin of the
Central Bank. of Nigeria and World Bank's development indicators, and covered
the period of 33 years ranging from 1981 to 2014. Multiple regression was used
to analyze the data. The result showed that agriculture has significant impact
on economic growth in Nigeria. It was also showed that agriculture has
significant impact on poverty reduction in Nigeria. The other variable included
in the model which is non-agricultural output did not have significant impact
on poverty reduction. The study therefore recommends among others that
government provides more funding for agricultural universities in Nigeria to
carry out researches on all area of agricultural production; this will lead to
more exports and improvement in the competitiveness of Nigeria agriculture
production in international markets, The Central bank of Nigeria should also
come up with a stable policy for loan disbursement to farmers at a reasonable
interest payback.
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UMEOJINKEYA, J (2021). Role Of Agriculture In Economic Growth And Poverty Reduction In Nigeria. Repository.mouau.edu.ng: Retrieved Dec 22, 2024, from https://repository.mouau.edu.ng/work/view/role-of-agriculture-in-economic-growth-and-poverty-reduction-in-nigeria-7-2
JULIET, UMEOJINKEYA. "Role Of Agriculture In Economic Growth And Poverty Reduction In Nigeria" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 30 Jul. 2021, https://repository.mouau.edu.ng/work/view/role-of-agriculture-in-economic-growth-and-poverty-reduction-in-nigeria-7-2. Accessed 22 Dec. 2024.
JULIET, UMEOJINKEYA. "Role Of Agriculture In Economic Growth And Poverty Reduction In Nigeria". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 30 Jul. 2021. Web. 22 Dec. 2024. < https://repository.mouau.edu.ng/work/view/role-of-agriculture-in-economic-growth-and-poverty-reduction-in-nigeria-7-2 >.
JULIET, UMEOJINKEYA. "Role Of Agriculture In Economic Growth And Poverty Reduction In Nigeria" Repository.mouau.edu.ng (2021). Accessed 22 Dec. 2024. https://repository.mouau.edu.ng/work/view/role-of-agriculture-in-economic-growth-and-poverty-reduction-in-nigeria-7-2