• Government Expenditure And Agricultural Production In Nigeria 2010-2017

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    • Over the years, Agriculture has proved to be the strongest means of livelihood all over the world. The produce from agriculture has been immense and the growth has been steadily upward in the developed countries. Developed countries has given adept attention to agriculture as the population of its citizens ride on geometric progression. In Nigeria, we have witnessed an upward and downward syndrome in the movement of Agricultural production. One major way to boost this movement and increase significant production is through the government expenditure. Government expenditure in this case are the resources (financial and material) that is injected into the Agricultural sector. This study was therefore undertaken to examine the probably the relationship that exists between government expenditure and agricultural production in Nigeria. Is the level of Agricultural production in the country dependent on the pace of government expenditure? To find out this, the study adopted the Ordinary Least Square method to run this regression with data from 2010-2017. The study found out there is a positive relationship between both variables, as the level of Agricultural production is to a great extent dependent on the amount of resources injected into the sector.

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    • CHAPTER ONE - [ Total Page(s): 3 ]Such measures included subsidized/low interest rate policies of the 1970s and early 1980’s, establishment of specialized institutions to lend solely to the sector, funding agricultural production directly through budgetary allocation and by 3 establishing agricultural oriented institutions and progammes such as Nigerian Agricultural Credit Bank (NACB), Agricultural Credit Guarantee Scheme Fund (ACGSF), Agricultural Development Programmes (ADPS), River Basin Development Scheme ... Continue reading---