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Role Of Agriculture In Economic Growth And Poverty Reduction In Nigeria
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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 o n 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-agriculture output did not have significant impact on poverty reduction. The study therefore recommends among others that government provides more funding for agriculture universities in Nigeria to carry out researchers on all area of agriculture production; this will lead to more exports and improvement in the competitiveness of Nigeria agriculture reproduction 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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CHAPTER ONE - [ Total Page(s): 1 ]CHAPTER ONEBackground of the StudyThe role of agriculture in economic growth
and poverty reduction has become an issueof great concern in developed
and developing countries. Nnadi (2005) stated that agriculture is
indispensable in addressing economic growth and poverty reduction, which
are the most difficult challenges facing many countries in the world
especially developing countries where on the average, majority of the
population are considered poor. Evidences in Nigeria show that ... Continue reading---
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CHAPTER ONE - [ Total Page(s): 1 ]CHAPTER ONEBackground of the StudyThe role of agriculture in economic growth
and poverty reduction has become an issueof great concern in developed
and developing countries. Nnadi (2005) stated that agriculture is
indispensable in addressing economic growth and poverty reduction, which
are the most difficult challenges facing many countries in the world
especially developing countries where on the average, majority of the
population are considered poor. Evidences in Nigeria show that ... Continue reading---
ABSRACT -- [Total Page(s) 1]
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ABSRACT -- [Total Page(s) 1]
Page 1 of 1